PancakeSwap’s native token, CAKE, surged 15% on March 17, 2025, as the decentralized exchange (DEX) overtook competitors to record the highest daily trading volume among DEXs at $1.639 billion, according to data from DeFiLlama. This milestone surpassed Uniswap’s $1.021 billion and Raydium’s $334.98 million, positioning PancakeSwap as the most active DEX globally. The surge in…
U.S. spot Bitcoin exchange-traded funds (ETFs) recorded over $1.6 billion in net outflows during the first two weeks of March 2025, driven by escalating U.S. trade tensions, Bitcoin’s price decline, and broader market uncertainty, according to data from SoSoValue reported on March 18, 2025. The 12 spot Bitcoin ETFs experienced weekly outflows of $799.39 million…
Standard Chartered, a global financial institution, has revised its 2025 year-end price target for Ethereum (ETH) from $10,000 to $4,000, citing structural challenges within the Ethereum ecosystem, as reported on March 18, 2025. According to the bank’s analysts, this adjustment reflects the impact of Layer 2 solutions, particularly Coinbase’s Base network, which has reportedly reduced…
A crypto whale on Hyperliquid, a decentralized trading platform, has gone viral for initiating a $450 million short position on Bitcoin, triggering a public “manhunt” by traders aiming to liquidate the position, as reported on March 17, 2025, based on data from Hypurrscan. At 6:30 AM UTC, the anonymous trader closed two positions totaling 208…
Solana, the layer-one blockchain platform, marked its fifth anniversary since launching its mainnet on March 16, 2020, with a post on its official X account highlighting remarkable achievements, including over 1,300 validators, nearly $1 trillion in trading volume, and more than 408 billion total transactions, according to industry data. Founded in 2017 by Anatoly Yakovenko,…
As of March 12, 2025, the U.S. government controls 195,234 Bitcoin, valued at more than $16 billion, alongside $4.6 million in Ethereum (ETH), stablecoins like USDC, and yield-bearing assets such as DAI and AUSDC_V2, according to a new report from Nansen, a blockchain analytics firm. This substantial crypto portfolio underscores the government’s growing engagement with…
Pavel Durov, the founder of Telegram, has temporarily left France for the first time since his arrest in August 2024, following legal challenges related to the messaging app’s content moderation, as reported on March 15, 2025, by the AFP news agency. Unnamed sources confirmed Durov’s departure, with speculation that he may have been granted temporary…
The non-fungible token (NFT) market has experienced a pullback, mirroring the broader cryptocurrency downturn, with Bitcoin falling to $83,000 and Ethereum dropping to $1,900, as reported on March 15, 2025. The overall crypto market cap has shrunk to $2.73 trillion from $2.83 trillion last week, reflecting heightened market volatility, including U.S. tariff pressures and Bitcoin’s…
Ethena, an Ethereum-based decentralized stablecoin protocol, has surpassed major DeFi platforms like PancakeSwap and Jupiter to become the third-largest protocol by daily fees, trailing only Tether and Circle, according to data from DeFi Llama reported on March 14, 2025. In the past 24 hours, Ethena generated approximately $3.28 million in fees from its stablecoin, USDE,…
Thomas John “T.J. Stone” Sfraga was sentenced to 45 months in federal prison and ordered to pay nearly $1.4 million in forfeiture to the state for defrauding real estate and cryptocurrency investors through a Ponzi scheme, as detailed in a press release from the U.S. Attorney’s Office on March 14, 2025. The restitution amount will…