2d ago
Doc’s Daily Dose
The crypto blockchain market saw a bearish tilt, with total market cap dropping to ~$3.53–3.66 trillion, down 2–5%. Bitcoin traded at $107,800–$108,200, slipping ~1%, while Ethereum eased to $3,800–$3,938 after highs. The Fear & Greed Index stayed at 34 (“Fear”), with $320–$535M in liquidations. U.S. equities rallied, but gold’s record highs pulled inflows from crypto. Spot trading volumes hit ~$240M.
BTC dominance was ~58.97%. Top gainers included $SDEX (+844%), $F (+774%), $BORA (+1,018%), $FLOKI (+815%), and $USDe (+157%). Emerging tokens like Hajimi (+20.6%) and Paparazzi Token (+18.2%) rose.
Coinbase acquired Echo for $375M and bought “UpOnly” NFT for $25M.
Bitmine bought 63,539 ETH ($800M); Strategy acquired 168 BTC; BlackRock clients sold $117.9M ETH; Bhutan moved 121.89 BTC (~$13.5M).
U.S. Crypto Coalition flagged CFPB data fee issues; British Columbia plans to ban new crypto mining; AWS outage hit Coinbase Advanced, others.
Solana’s Percolator DEX launched; Vitalik Buterin released GKR protocol paper; PancakeSwap debuted CAKE.PAD; Ethena expanded hiring; Nillion unveiled 2.0; Wyoming issued 700k FRNT stablecoins.
DeFi, altcoins, and tokenized assets gained traction. Base ecosystem tokens like $UPONLY (+73%) and $ECHO (+107%) surged. Solana and Ethereum saw gains in Aleph Cloud (+41.8%) and Vara Network (+44.6%). Trending tokens: $F (+29.1%), $BTG (+25.5%), $AVNT (+16.9%).
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