Coinedition
PNUT has surged more than 90% in the past 24 hours, claiming the 80th position. Largest PNUT holder gained a profit of $25.1 million. The whale sold 4.28 million PUNT tokens for $1.6 million in SOL.
Crypto analysts tip SUI to surpass Solana in 2025. SUI’s price has surged 840% in one year. Solana remains ahead of SUI in the performance rate.
Bitcoin and Ethereum lead the market downturn, signaling broader crypto weakness. Altcoins like FET, JASMY, and WLD see steep losses, deepening market decline. Despite price drops, Worldcoin shows strong investor interest with high trading volume.
The crypto community has reignited discussions about spot ETFs. Analysts expect more ETF filings as soon as this week. Gary Gensler played a significant role in approving the existing ETF products.
Shiba Inu’s price target of $0.001 gains traction as community discussions intensify. SHIB experiences a significant drop after a week-long rally while bearish patterns emerge. On-chain data shows a steady rise in SHIB holders and active transactions despite fluctuations.
The co-founders of a16z expressed their desire to have a favorable policy under the Trump administration. The duo stated that investors lacked protection under Joe Biden’s governance. Horowitz accused the financial regulators in Biden’s tenure of providing “false promises” to crypto traders.
Bitcoin daily trading volume spikes to $145 billion, driven by increased retail and ETF inflows post-U.S. election. Also, Bitcoin peaked at $89,950 with a $1.787 trillion cap, overtaking silver. Bitcoin ETFs see record inflows, with over $1 billion on consecutive days
Revolut expands Revolut X crypto trading to 30 European markets, targeting seasoned traders. Nearly $13.5M in fraudulent crypto transfers were blocked, with 92% processed without manual checks. Revolut secures UK banking license, begins mobilization while continuing e-money services.
The DOJ is initiating a civil forfeiture procedure against Binance. Former FTX CEO deposited about $16 million on the Binance exchange. The deposited funds were linked to bribery by Sam Bankman-Fried.
