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A new wallet deposited 2.125 million USDC into Hyperliquid and went long 7x on ENA.

13 hours ago

On October 24th, as per the monitoring of Onchain Lens, a new wallet transferred 2.125 million USDC into Hyperliquid and initiated a 7x leveraged long position in ENA. Currently, the account has set up a TWAP order to further expand its position.
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Trump Appoints Michael Selig as CFTC Chair to Address Crypto Industry Growth

On October 25th, as reported by Bloomberg, Trump appointed Michael Selig as the chairman of the U.S. Commodity Futures Trading Commission (CFTC) in order to address the growth of the crypto industry. Michael Selig is the Chief Counsel of the SEC's Cryptocurrency Special Working Group and was previously a partner in the asset management business at Willkie Farr & Gallagher law firm.

2 hours ago

SpaceX has once again transferred 1215 BTC, worth $133 million, only three days apart

On October 25th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), SpaceX once more transferred 1215 BTC, with a value of $133 million, and this was just three days apart. It is worthy of note that the $268 million worth of BTC transferred three days ago has also remained idle up to now, and the intention behind the transfer remains unclear.

2 hours ago

Trump-Owned Drone Company Wins Pentagon's Largest-Ever Contract

On October 25th, Trump's drone company, Unusual Machines, won the largest contract in the history of the Pentagon. As a result, Unusual Machines saw a 14% surge and then trading was halted.

2 hours ago

Tom Lee: Bitcoin's Four-Year Cycle Pattern Has Been Broken, But a 50% Correction is Still Possible

On Thursday during an interview with cryptocurrency entrepreneur Anthony Pompliano, Tom Lee said on October 25th: "I'm confident that Bitcoin will experience a 50% correction. Stock market corrections of 25% are occurring more frequently. Over the past six years, the stock market has made significant progress; we have witnessed abnormally large 25% corrections. Therefore, if the S&P 500 drops by 20 points, Bitcoin could fall by 40 points." Tom Lee also mentioned that Bitcoin has already disrupted its typical four-year cycle, suggesting that a "longer cycle" is taking shape.

2 hours ago

Coinbase Prime Adds Custody Support for APR, BNB, and weETH

On October 24th, Coinbase Institutional announced on the X platform that aPriori (APR), BNB (BNB), and weETH (wETH) have now become available for custody on Coinbase Prime.

2 hours ago

Resupply has initiated a proposal in the Curve community, suggesting the minting of 5 million crvUSD to supply the sreUSD LlamaLend market.

On October 24th, the lending protocol based on Llamalend, Resupply, launched a new proposal within the Curve community. It proposed to mint 5 million crvUSD and supply it directly to the sreUSD Llamalend market. The purpose of this proposal is to strengthen the overall supply system by enhancing the dynamics among reUSD, sreUSD, and crvUSD.

2 hours ago

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