PGA’s recent launch on Arbitrum One has generated over $136,000 in fee revenue within its first week, according to a tweet from @arbitrum. Approximately half of all transactions included a priority fee, signaling robust network activity. This growth could attract further interest from developers and users alike, enhancing Arbitrum’s ecosystem. The Story So Far The
Bitcoin Reclaims $87,000 Amid Weak Labor Data In price action likely to fuel “Uptober” sentiment, the price of bitcoin reclaimed $87,000 on Friday morning, marking the first time the cryptocurrency has breached the threshold since Sept. 23. The rally coincided with the release of September nonfarm payrolls (NFP) data showing near-flat employment growth and an
Machi’s recent trading performance has caught the attention of the crypto community, with his impressive streak of ten consecutive profitable trades yielding a total profit of $1.34 million. This success underscores the growing interest in the $PUMP token and highlights the potential of influencer-driven trading strategies. As noted by Lookonchain, Machi’s current positions include substantial
Tokenized stocks are under pressure to attract long-term holders as perpetual contracts dominate the trading landscape. Recently, perpetual contracts cleared more than $39 billion in just 30 days, highlighting their appeal to traders. This trend raises questions about the future viability of tokenized stocks, especially as they struggle to gain traction among longer-term investors. For
Tether’s XAUT, a tokenized gold asset, has recently reached 79,300 holders on the BNB Chain, marking a remarkable increase of nearly 29 times over the past three months. This surge, reported by CryptoTwitter commentator @tokenterminal, underscores the growing popularity of asset-backed tokens. As the market continues to evolve, such developments could signal a shift in
Bitcoin broke out of the $82,500–$85,700 range where it had been stuck for about a week, rising to $86,913. This level marks the highest price $BTC has seen since September 23rd. Bitcoin has thus risen by approximately 14.6% from its low of $74,968 reached on September 15th. QCP Capital noted that the rise was supported
Nvidia’s share price pushed to a fresh all-time high of $236.57 this week, extending a rally that has turned the chipmaker into one of the standout stories of the current market cycle. The move puts Nvidia stock performance back in the spotlight just as Wall Street weighs how much further the AI-driven run can go,
Bitcoin whale stablecoin inflows to Binance have climbed more than 40% in just over a month, pushing the 30-day cumulative total to $30.5 billion while $BTC trades around $84,700. CryptoQuant contributor Darkfost wrote on Oct. 2 that the measure tracks stablecoin deposits worth more than $1 million entering Binance. The rolling total has increased from
Bitcoin reclaimed $85,000 on October 2 before the United States released its September employment report. The rally arrived with reports of short positions closing and a softer dollar, but a trader buying back a losing short is not the same investor as one adding bitcoin for months. The distinction will matter after the 8:30 a.m.
JPMorgan opened the doors of its new headquarters this week for an ETF symposium that put the bank’s crypto ambitions on full display, and the timing says as much as the venue itself. At a moment when the broader crypto market is sending mixed signals across major tokens, one of Wall Street’s biggest institutions chose