The trader drew attention for “insider trading” leading up to the US Strategic Reserve announcement, and a $500 million short position earlier this week.

The Layer 1 blockchain has earned more than 80% of its total revenue in the last three quarters.

The proposed exchange-traded fund would hold up to 15% of its assets in Pudgy Penguin NFTs alongside PENGU tokens.

Brody also said in an interview with The Defiant that enterprise Layer 2s will likely all fail.

Lack of new policy commitments and profit-taking drive market weakness.

The integrated decentralized exchange aims to provide a user experience with less friction, lower fees, and revenue sharing.

Trump became the first U.S. President to speak at a crypto conference following his virtual address at the Blockworks Digital Assets Summit.

The mechanism will offer HYPE stakers trading fee discounts of between 5% and 40%.

Although an initial $1 billion was budgeted for the Tokenization Grand Prix winners, Phoenix Labs’s Sam MacPherson says the allocation could rise to $3.6 billion.

When Coinbase launched Verified Pools, they chose Uniswap over Base partner Aerodrome. Some in the community saw it as a betrayal.