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Mantle (MNT) has surged 35% in the past week, trading within a bullish ascending parallel channel. With strong buying pressure indicated by the Chaikin Money Flow and Super Trend support, MNT could target a rally to $1.51, though risks of a pullback remain.
Share link:In this post: Judge Ronald Griffing said Logan Paul’s bid to remove a lawsuit over the collapse of CryptoZoo should be allowed. Griffin also urged the class-action plaintiff to update all but one of its 27 claims against Paul, the one linking him to commodity pool fraud. The judge dismissed Paul’s bid to accuse CryptoZoo co-founders of the project’s failure.
Share link:In this post: SoftBank shares fell over 5% after it announced a $2 billion deal to buy Intel stock at $23 per share. Asian markets dropped across the board as investors waited for the U.S. Fed’s Jackson Hole meeting. Jerome Powell is expected to signal a possible rate cut, with futures showing an 83% chance for September.
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Share link:In this post: Ethereum ETFs now hold over 6.5M ETH, with projections showing a September flip as they close in on Bitcoin ETFs’ share of the circulating supply. US spot ETH ETFs saw $59M in outflows on August 15 after record weekly inflows of 649,000 ETH pushed totals above $3.7B. Institutional investors dominate Ethereum with 19.2M ETH, while retail holdings fall sharply, highlighting shifting market influence amid price swings near $4,450.
Share link:In this post: Odin.fun still has no set date to resume trading after its $7M hack. CEO Bob Bodily confirmed funds have been frozen in CEXs, and investigations are ongoing. Trading will only resume after user balances, audits, and platform cleanup are finalized.
SEI’s 100-day EMA is about to cross above the 200-day EMA. Combined with weekly outflows and short liquidations stacked, SEI’s price could be primed for a continuation rally. But one cohort of traders may get burned.
- 18:19Ethereum's net supply increased by 17,940 in the past 7 daysAccording to Jinse Finance, on August 25, data from Ultrasound.money shows that Ethereum's net supply increased by 17,940.12 ETH over the past seven days. During this period, the total supply grew by approximately 18,655 ETH, while 1,757 ETH were burned through the destruction mechanism. The current annual supply growth rate stands at 0.774%.
- 17:13Total ETH Staked on Lido Surpasses 8.75 Million, with Over 990,000 ETH in Staking Rewards Paid OutAccording to official data reported by Jinse Finance, the total amount of ETH staked on the liquid staking platform Lido has reached 8,762,831 ETH, equivalent to approximately $42,209,731,080. In addition, as of now, Lido has paid out staking rewards totaling 991,635 ETH, which is about $4,776,613,319.
- 16:55Aave Founder: Proposal Created by WLFI Team Has Been Voted on and Approved by Aave DAOForesight News reports that Aave founder Stani.eth responded in the comments section of a tweet regarding the claim that "the WLFI team stated Aave would receive 7% of the total token supply," saying this information is inaccurate. He attached a link to the relevant proposal and stated: "The proposal created by the WLFI team has already been voted on and approved by the Aave DAO."