THIS WEEK: $SUI, $JUP, $SIGN SEE MAJOR TOKEN UNLOCKSAccording to a Wu Blockchain chart citing Tokenomist, some 44.81 million @SuiNetwork tokens, worth more than $40 million, will be introduced into circulation this week.Sui is followed by @JupiterExchange and @sign in terms of unlock scale, each of which will see unlocks to the tune of around $10 million and $7 million respectively.Other assets with impending cliff unlocks include $EIGEN, $OMNI and $GUN. ...

MUST WATCH: MASSIVE INTEREST RATE DECISIONS COMING THIS WEEKSeveral world-leading central banks are poised to announce major interest rate decisions this week.- The US Federal Reserve- The European Central Bank- The Bank of England- The Bank of JapanInterest rates, especially unexpected changes, can have huge impacts on global market performance. ...

SOMEONE BOUGHT THE 'BOSS' TELEGRAM USERNAME FOR $500,000According to data from Tonviewer and flagged by Degen News, a user spent an insane $500,000 worth of @tether's $USDT...... to purchase the 'Boss' username for @Telegram, hosted on the @ton_blockchain platform.This is starting to feel a little like 2021's NFT frenzy... ...

GATE EXCHANGE HAS BURNED $1.4 BILLION WORTH OF $GT@Gate has just completed its quarterly token burn, burning nearly 2.6 million $GT tokens to the tune of $20.7 million.With this latest tranche, the exchange has now burned a whopping $1.382 billion worth of $GT (some 187.4 million tokens), since the burns were introduced in 2019.$GT has a current market cap of more than $800 million but its price is down some -67% over the past year. ...

MARKET CAP OF TETHER'S USDT REACHES NEW ALL-TIME HIGH@Tether's industry-leading $USDT stablecoin has reached a new all-time high supply of $189.8 billion at time of writing.Currently, $USDT accounts for nearly 60% of the global stablecoin supply, dwarfing even @Circle's $USDC as well as new entrants like $USD1 and $RLUSD.Back in March, the firm announced a 'big-four' accounting firm was being brought in to audit its reserves. ...

PANCAKESWAP HITS $4 TRILLION TOTAL VOLUMELeading DEX and DeFi platform @PancakeSwap has reached an eye-watering $4 trillion in lifetime trading volume.According to DefiLlama data, $CAKE is the world's second largest DEX by way of activity, with a 30-day volume of more than $25 billion.At time of writing, it boasts a TVL of around $2.15 billion. ...

ETHER WELL OVERDUE A PUMP...?After a collapse in late January/early February, the price of $ETH has failed to break above $2,500, even dropping below $2,000 at various points.At the same time, however, @Ethereum active addresses have reached new all-time highs while the network still accounts for majority share of both DeFi and stablecoin supply.“From an on-chain analysis perspective, this glaring divergence implies that Ethereum may currently be undervalued.”... wrote @CryptoOnchain per Cryptoquant.Time to ...

PENGU LANDS ON PAXOS CRYPTO BROKERAGE@Paxos added PENGU support today, opening the Pudgy Penguins token to Paxos's distribution layer of retail trading platforms reaching over 500 million users worldwide.solana:2zMMhcVQEXDtdE6vsFS7S7D5oUodfJHE8vd1gnBouauv is up around 10% on the day and 30% on the week, trading near $0.0099 with a $619M+ market cap. The rally extends a string of recent ecosystem moves, including the Pudgy World browser game, the KAST/Visa-backed Pengu Card, and Canary Capital's Pudgy Pengui ...

OPENAI POSTS NEW AGI PRINCIPLES, RECASTS SAFETY POSTURESam Altman (@sama) published a 1,100-word document on @OpenAI's site yesterday, outlining five principles to guide development of artificial general intelligence. The principles are democratization, empowerment, universal prosperity, resilience, and adaptability.Altman framed the choice ahead as power held either by a small handful of companies controlling superintelligence or held in a decentralized way by people. The mission, he wrote, is to ensure AG ...

CLARITY ACT FACES 10-WEEK RUNWAY AS AUGUST RECESS LOOMSThe Clarity Act has roughly 9 to 10 working weeks to clear the Senate before the August recess pulls lawmakers into midterm focus, per Crypto In America. The real deadline is getting the bill on Trump's desk before lawmakers leave town.The bill remains stuck in the Senate Banking Committee, where it has stalled since January after the initial markup was postponed when key industry support fell through. Senator Thom Tillis (R-NC) (@SenThomTillis) blocked ...