We checked 10 tokens that listed on Upbit (@Official_Upbit) between September 8 and October 15.
All 10 were below their peak price two days after listing. Today, the average drop from the peak is about 47%.
A big listing does not always mean a lasting pump. 👌
🚨 MSCI (Morgan Stanley Capital International) adopts new rules that could push Bitcoin treasury giants Strategy and Metaplanet out of its global stock indexes.
The changes could force index-tracking funds to sell their shares, with JPMorgan estimating up to $2.8 billion in potential outflows tied to Strategy’s exclusion alone.
MSCI is expected to publish its final list of affected companies on November 11, with changes taking effect November 30.
GM. Big data day.
US producer prices (PPI MoM) will be released at 12:30 UTC. The forecast is 0.5%, against 0.4% last time.
The last two months surprised to the downside, and the market expects a bit more heat. If the number comes in above 0.5%, expect a jumpy reaction.
Inflation data has been moving crypto, so it's worth knowing the release time before you open a leveraged position.
🚨 BitMEX faces a £20.4M lawsuit over alleged UK financial services breaches.
The case centres on crypto derivatives trades made between 2018 and 2022, with the claimant arguing the products were offered without proper FCA authorisation.
Why now? The legal challenge has resurfaced as @BitMEX shuts down, raising questions about potential claims from other UK traders.
Remember @Titan_Exchange?
The Solana aggregator that was supposed to overtake @JupiterExchange or take a large chunk of its market share.
Well, the competition has quietly died down.
Past 30-day trading volume
Jupiter: $320M
Titan: $32M
Past 30-day number of trading wallets
Jupiter: 2.2M
Titan: 158K
Perhaps some debates are best left for time to settle.
$NEAR (@NEARProtocol) is up 12% to $5.88 after NEAR Intents hit a record $4.80B in monthly swap volume in September.
A draft proposal would also cut annual token issuance from 2.5% to 1.6% over 24 months pending governance approval.
A bug in the XRP Ledger could have allowed attackers to create trillions of counterfeit $XRP .
Researchers found it, and it was patched in version 3.4.1. There's no evidence it was ever exploited.
🇺🇸 CFTC Chair warns that opposing new crypto regulations could invite “the next Sam Bankman-Fried.”
The debate over crypto oversight and investor protection in the US continues.
Did you know staked $TRX can earn you passive income beyond regular rewards?
Stake TRX for Energy, use what you need for transactions, then rent out the rest to other TRON users for a fee.