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Wu Blockchain· 2025-09-24 11:35
Mechanism Capital co-founder Andrew Kang criticized BitMine chairman Tom Lee’s Ethereum thesis, arguing that stablecoin and RWA growth hasn’t boosted ETH fees, activity is shifting to Solana and Arbitrum, the “digital oil” analogy is misleading, institutions aren’t buying ETH, and technicals show range-bound weakness.https://t.co/C0vC1gEO2n ...
X @Wu Blockchain
Wu Blockchain· 2025-09-24 09:34
BitMine Chairman and Fundstrat co-founder Tom Lee said Ethereum is a “truly neutral chain” poised to be Wall Street and the White House’s top choice, predicting a 10–15 year “super cycle.” He expects Bitcoin to reach $200K–$250K and Ethereum $10K–$12K by year-end, with ETH potentially breaking prior highs into the $12K–$15K range.https://t.co/8jxQGjdMNI ...
X @Wu Blockchain
Wu Blockchain· 2025-09-24 08:25
South Korea’s largest crypto exchange Upbit will list FLUID with KRW, BTC, and USDT pairs. Fluid is a lending protocol and decentralized exchange (DEX). Upbit also announced the listing of Infinit (IN) and B3. IN will trade against BTC and USDT, while B3 will trade against USDT. Infinit is an AI-powered DeFi intelligence platform, and B3 is a Layer 3 blockchain built on Ethereum Layer 2 (Base) using the OP Stack.https://t.co/TnxeU3P7Gyhttps://t.co/cNyYtYuIGj ...
X @Wu Blockchain
Wu Blockchain· 2025-09-24 08:09
Listing Announcement - Binance will list Plasma (XPL), a Layer 1 EVM-compatible blockchain, on September 25, 2025, at 13:00 (UTC) [1] - Trading pairs for XPL will include USDT, USDC, BNB, FDUSD, and TRY [1] - XPL will be added under the Seed Tag [1] Project Overview - Plasma (XPL) is identified as the 44th project added to the HODLer Airdrop page [1] - Plasma (XPL) is a Layer 1 EVM-compatible blockchain [1]
X @Wu Blockchain
Wu Blockchain· 2025-09-24 07:24
CZ on Michael Saylor: How Traditional Capital Enters CryptoIn a conversation with BNB Network Company CEO David Namdar, Binance founder Changpeng Zhao (CZ) said Michael Saylor created a "new structure" that enables crypto companies to raise funds via traditional capital markets. Many conventional investors can buy corporate stock but cannot directly hold crypto; through this path of indirect exposure, their capital can flow into Web3, expanding both incremental inflows and attention to the ecosystem.Source: ...
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Wu Blockchain· 2025-09-24 04:21
Spot Bitcoin ETF Outflows - Spot Bitcoin ETFs experienced total net outflows of $104 million [1] - Fidelity FBTC recorded the largest net outflow at $75.55 million [1] Spot Ethereum ETF Outflows - Spot Ethereum ETFs saw total net outflows of $141 million [1] - All nine Spot Ethereum ETFs reported no inflows [1]
X @Wu Blockchain
Wu Blockchain· 2025-09-24 03:34
BNB Chain validators are proposing to cut gas from 0.1 to 0.05 Gwei and shorten block intervals from 750ms to 450ms, dropping fees to about $0.005 per tx and keeping BSC competitive with Solana and Base. Past cuts from 3→1 Gwei and 1→0.1 Gwei lowered fees 75% and boosted daily transactions 140% to 12M+. A new principle is on the table: as long as staking APY stays above 0.5%, BNB Chain should aim for the lowest gas possible, with a long-term target around $0.001 per tx. https://t.co/hTOkrOw7Z4 ...
X @Wu Blockchain
Wu Blockchain· 2025-09-24 01:37
On-Chain Trading Volume - On September 23, on-chain perpetual futures trading volume reached $51.3 billion for the first time [1] - BNB Chain contributed $21.5 billion to the total on-chain perpetual futures trading volume [1] Protocol Performance - BNB Chain's contribution exceeded Hyperliquid's [1] - Key protocols on BNB Chain include Aster, MYX Finance, PancakeSwap Perps, and HoldStation DeFutures [1]
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Wu Blockchain· 2025-09-23 20:15
According to Bloomberg, Tether, the issuer of the USDT stablecoin, is seeking to raise $15 billion to $20 billion in exchange for roughly a 3% equity stake, implying a potential valuation of up to $500 billion. The deal is still in early stages and final terms may change. Cantor Fitzgerald is serving as the lead adviser. https://t.co/ZSl31AuGFj ...
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Wu Blockchain· 2025-09-23 19:58
According to crypto reporter Eleanor Terrett, Acting CFTC Chair Caroline D. Pham has announced a new initiative to allow stablecoins to be used as tokenized collateral for the first time in U.S. derivatives markets. The proposal originated from the February 2025 Crypto CEO Forum, and the CFTC is now seeking public comment on valuation, custody, settlement, and rule amendments, with feedback due by October 20. https://t.co/ZMNimfbvpL ...