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Crypto.com’s Cronos erases Trump pump gains, community questions demand

Cronos, the cryptocurrency of Crypto.com’s Cronos Chain, has faced major selling pressure since the Trump Media Group CRO Strategy launch. Following initial excitement, the token plummeted to below $0.19, nearing pre-announcement levels. The market cap has decreased by over $6 billion, dropping Cronos out of the top

Bitcoin Flat as Core US Inflation Holds at 2.9% in August

Bitcoin is trading around $109,300 after a brief dip below $109,000, influenced by a reported 2.9% year-over-year increase in U.S. core inflation for August. The cryptocurrency faced a challenging market, with approximately $970 million in liquidations, predominantly from long positions betting on price increases. Predictions among

Vesting NFTs Surge on BNB Chain as Token Lockups Become Tradable

Vesting NFTs have surged to the top of CryptoSlam’s daily sales volume rankings on BNB Chain, generating over $12.4 million in sales. This indicates a significant interest among investors in new liquidity solutions for token lockups, surpassing renowned digital art collections like CryptoPunks. This activity propelled BNB Chain

Crypto Market Today: Risk-Off Sentiment Dominates Ahead of PCE Release

The crypto market is experiencing significant declines, with the CoinDesk 20 Index dipping 5% within the last 24 hours, affecting all major tokens. Capital outflows from futures markets are evident, leading to increased demand for protective put options on Bitcoin and Ether. The upcoming U.S. core PCE data is

Kraken Raises $500M in Funding Round Valuing Crypto Exchange at $15B

Kraken has successfully closed a $500 million funding round, valuing the cryptocurrency exchange at $15 billion. This funding round, which included investment managers, venture capitalists, and co-CEO Arjun Sethi, sets the stage for a long-anticipated IPO expected next year. The significant growth in revenue, amounting to $411 million and nearly

$3.6M Drained From Hyperliquid DeFi Platform Hypervault in ‘Abnormal Withdrawal’

Hypervault Finance has suffered an alarming breach, resulting in $3.6 million being transferred to the crypto mixer Tornado Cash in what has been described as an 'abnormal withdrawal.' The funds were first moved to the Ethereum chain before being sent to Tornado Cash, as reported by blockchain

Trump Tariffs, U.S. GDP Rattle Markets, ETFs Bleed $500M: Crypto Daybook Americas

The cryptocurrency market faced turbulence as President Trump's announcement of higher tariffs on imports, including pharmaceuticals and trucks, spooked investors. The CoinDesk 20 Index dropped 5%, while market leaders like Bitcoin and Ethereum fell nearly 2%. The downturn was compounded by a stronger dollar influenced by U.S.