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Quick Take Polygon community members rejected a preliminary proposal to deploy over $1 billion in stablecoin from the PoS Chain bridge for yield generation. Following community feedback, Polygon acknowledged these concerns and decided not to advance the proposal but remained open to exploring innovative ideas in the future.
Quick Take Ethereum Name Service will use Linea’s technology to develop its own Layer 2 network called Namechain.
The Trump administration could pave the way for Ethereum staking in spot ETFs, unlocking new yield opportunities and attracting institutional investors with clearer regulatory frameworks, analysts said.Analysts suggest Ethereum staking yields could drive significant inflows into U.S.-based ETFs, offering attractive returns amid declining interest rates and positioning Ethereum as a more compelling institutional investment.
ETF analysts suggest Litecoin and Hedera ETFs could win SEC approval before Solana or XRP, citing regulatory factors and market trends.
VIRTUAL's uptrend is losing steam as ADX and BBTrend indicators weaken. Holding $2.28 support is crucial to prevent further declines, with resistance at $3.3 for a potential recovery.
- 17:44Arkham: Dogcoin Coming to Arkham Intel PlatformArkham has announced in a post on the X platform that Dogecoin will soon be available on the Arkham Intel platform, where Arkham users will be able to track, trace and visualise historical and real-time Dogecoin transactions.
- 17:43Data: $856 million in the past 24 hours, mainly in multiple orders.According to the data, in the past 24 hours, the amount of the entire network burst amounted to 856 million U.S. dollars, long single burst amounted to 725 million U.S. dollars, short single burst amounted to 131 million U.S. dollars, of which the amount of the BTC burst amounted to 172 million U.S. dollars, ETH burst amounted to 135 million U.S. dollars, and the amount of the XRP burst amounted to 42.15 million U.S. dollars. A total of 285,268 people were shorted, and the largest single shorted order occurred in ETHUSDT, valued at $7.105 million.
- 17:42IMF: Trump's U.S. Strategic Bitcoin Reserve Plan Will Be Fully Assessed When ImplementedThe International Monetary Fund (IMF) Kozak said it declined to comment on Trump's US Strategic Bitcoin Reserve plan and will conduct a full assessment when the policy is implemented.
