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Quick Take Crypto wallets linked to Ross Ulbricht lost $12 million in value on Pump.fun, according to Arkham Intelligence. The wallets tracked by Arkham appear to have “accidentally nuked the price” of a Pump.fun “coin sent to him while trying to provide liquidity on Raydium.”
Quick Take Apollo Global Management and Securitize have partnered to provide access to onchain investment opportunities, kicking off with tokenized access to Apollo Diversified Credit Fund. “We want crypto DeFi to expand access to institutional-quality products,” said Apollo’s Christine Moy.
Quick Take Bitcoin could climb as high as $130,000 in the next two months as institutional inflows accelerate and market sentiment shifts toward risk-on, according to Standard Chartered’s Geoff Kendrick. The Standard Chartered head of digital assets research sees bitcoin gaining further momentum following a recent leveraged position reset and ongoing developments such as Trump’s crypto-related executive order.
Quick Take An informal vote among Ethereum supporters shows overwhelming backing for Danny Ryan as the next leader of the Ethereum Foundation. 99% of the 300 wallets (holding over 50,000 ETH worth $160 million) have voted in favor of Ryan — although the results are not conclusive for a leadership change.
Quick Take The decentralized competitor to Uber and Lyft is shutting down, the company announced on Thursday. Teleport was founded in 2022 and raised $9 million amid a surge in interest in “dePIN” projects.
DeepSeek faces legal and competitive challenges, triggering a rebound in AI crypto coins like Virtuals Protocol, AIXBT, and Ai16z after a $5B loss.
- 17:14Trump: If Canada becomes the 51st state of the United States, it will be "exempt from tariffs"U.S. President Trump posted on the "Truth Social" platform Sunday morning local time, stating that if Canada becomes the 51st state of the United States, it will be "exempt from tariffs!" The president wrote: Therefore, Canada should become our beloved 51st state. Canadian citizens will enjoy much lower taxes, receive much better military protection and - exempt from tariffs.
- 17:13SUI fell below 3.5 US dollarsThe market shows that SUI has fallen below 3.5 US dollars, currently quoted at 3.49 US dollars, with a 24-hour drop of 10.51%. The market fluctuation is significant, please manage your risk accordingly.
- 16:52Data: 100 million XRP unlocked from the custodial accountAccording to Whale Alert monitoring, at 22:20 Singapore time, 100 million XRP (worth $283.89 million) were unlocked from escrow. In 2017, Ripple Inc. locked up 55 billion XRP (representing 55% of the total supply) in an escrow account based on the XRP Ledger. These escrow accounts are controlled by smart contracts and automatically unlock one billion XRP each month (originally set at one billion per month before 2020, later adjusted to 450 million per month). Not all of the unlocked one billion XRP enter circulation each time; Ripple typically only uses a portion of the unlocked tokens (such as for market sales), with the remaining part being re-locked into escrow for future release. In 2020, Ripple extended its escrow contract from 55 months to 70 months to further slow down releases.