Glassnode data shows Bitcoin spot volumes are rising while sell pressure is easing, though demand remains fragile as Bitcoin fell under $93,000. Spot market conditions for Bitcoin are showing early signs of improvement with increased trading volume and decreasing sell-side pressure, according to analysts from Glassnode. There has been a “modest” lift in spot Bitcoin...Continue Reading

Pump Fund will kick off with a hackathon and back up to 12 projects at $250,000 each at a $10 million valuation. Memecoin launchpad Pump.fun is spinning up a new investment arm aimed at backing promising startups, in its first significant pivot away from its memecoin roots. Pump.fun said on Monday it was launching Pump...Continue Reading

MegaETH will open its mainnet for several latency-sensitive apps as part of testing, targeting 11 billion transactions over a week while under load. Data shows Ethereum layer 2 MegaETH hit network speeds of up to 47,000 transactions per second in testing as the project prepares for a stress test ahead of its mainnet launch.   In...Continue Reading

Trove shocked the community last week with a last-minute decision to pivot its perps DEX from Hyperliquid to Solana, a move that upset many of its initial backers. Vocal critics within the Trove Markets community on X are in uproar again after the team announced it will keep most of the investor funds it had...Continue Reading