RaveDAO’s RAVE rips 6,000% as thin float and $200M open interest collide
Wallet concentration and a liquidation-driven squeeze narrative left traders debating utility versus mechanics.
Wallet concentration and a liquidation-driven squeeze narrative left traders debating utility versus mechanics.
The company pegged the position at roughly 4.04% of ETH supply and reiterated a goal of reaching up to 5%.
The EXOD suit alleges W3C and CEO Garth Howat took $80M in loans at signing and then resisted closing.
The exchange says systems were not breached, funds were not at risk, and it will not negotiate or pay.
CEO Eli Ben-Sasson said the company will run in a leaner “startup mode” and prioritize “meaningful revenue” and “meaningful usage.”
Bitcoin products took $871M, with $786.3M coming from US spot Bitcoin ETFs, while Ether briefly flipped back to inflows.
The attacker extracted about 108.2 ETH (~$237,000) before thin liquidity capped the payout, while Polkadot itself was unaffected.
He tied lawsuits, appellate briefs, and rulemaking to a bid to limit state gambling enforcement of event contracts.
The dispute hit as WLFI printed a $0.07 all-time low after WLFI-linked wallets borrowed stablecoins against WLFI collateral on Dolomite.
A TVL slide toward ~$100B alongside $300B+ stablecoin supply points to rotation, not a full exit from on-chain credit.
He framed the 50–60% drawdown as a weak-hand flush, even with $100 oil and rising yields in focus.
MARA, Riot, Cango and Bitdeer have reduced holdings while executives emphasize power strategy and HPC-style revenue.
BTC fell to about $70,900 in a second leg down after an earlier weekend drop tied to failed ceasefire-extension talks.
Luke Sully says USDT is increasingly used to settle cross-border trade as banks retreat from payment rails.
Coinbase’s Paul Grewal says a Senate Banking markup could be close, but stablecoin-yield disputes remain a hurdle.
Prediction-market pages briefly surfaced alongside major publishers for event-driven searches before disappearing.
A 1.87% drop tied to a risk-off headline triggered April’s largest long-liquidation print near $48M.
An SEC filing tied to the termination includes a $50 million payment due within 15 days from an unnamed payor.
Heavy sell volume flipped $1.35 into resistance, leaving $1.33 as the immediate line traders are defending.
Treasury Secretary Scott Bessent convened major financial institutions to discuss rapid AI developments.