Category: Market Insights

Ethereum Foundation Moves 45,000 ETH to DeFi Instead of Selling

Summary: Breaking abruptly from its previous policy, the Ethereum Foundation (EF) has sent 45,000 ETH to the leading DeFi platforms. Rather than selling it outright, the action is meant to support the DeFi community without having any impact on Ethereum’s market stability.

The Ethereum Foundation has allocated 10,000 ETH to Spark, 10,000 ETH to Aave Prime, 20,800 ETH to Aave Core, and 4,200 ETH to Compound Finance. In total, this amounts to roughly $117.62 million based on today’s ETH price of $2,613.68.

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The decision comes following strong criticism from the community after the foundation sold 4,000 ETH straight out in January of this year. The majority grumbled that this sale would negatively impact the price of Ethereum and render the market unstable.

By putting money into DeFi early, EF is betting on decentralized finance and ongoing to gain a return without tampering with market volatility. This also helps the liquidity of protocols like Aave and Compound, which works to perpetuate the DeFi ecosystem.

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The move has been embraced by the Ethereum community because it is consistent with a model of sustainability of managing the treasury of the foundation. Instead of selling ETH in exchange for cash, EF is now effectively investing in the ecosystem that it founded, thus demonstrating its commitment to long-term Ethereum building and construction.

PancakeSwap’s CAKE Surges 60% – Here’s What’s Fueling the Rally

CAKE just popped 60%, hitting $3.08, thanks to massive staking rewards and upgraded cross-chain swaps boosting investor confidence!



PancakeSwap’s native token, CAKE, recently rose 60% in a span of 24 hours to a peak of $3.08 and its market cap to $899.41 million. Its 24-hour volume also hit $1.07 billion, up by 335%.

So what is powering the CAKE rally? Partly, one large reason is the revenue-sharing program of PancakeSwap. At the start of 2024, a total of 770,527 CAKE tokens (~$1.9 million) have already been distributed to stakers, i.e., more investors are locking up their CAKE, diminishing supply while expanding demand.

Adding insult to injury, PancakeSwap has also been extremely proactive in stepping up its game with cross-chain trades and MEV protection. This has led to it drawing more liquidity providers and enhancing its DEX ecosystem. All these developments, coupled with profitable staking rewards, have further fueled the fire.

Before this, CAKE had been stuck in a long correction, which made traders skeptical. But now, with 100% growth in a week, the mood has completely shifted. With staking incentives still strong, analysts expect more momentum as long as demand holds up.

Also Read: Spiko Introduces Tokenized T-Bills on Etherlink Layer 2

Spiko Introduces Tokenized T-Bills on Etherlink Layer 2

Spiko drops tokenized T-Bills on Etherlink, bringing secure, yield-bearing USD & Euro savings to DeFi. Launch set for February!

Paris-based fintech Spiko is shaking up DeFi by launching tokenized U.S. and E.U. T-Bills on Etherlink, a blazing-fast Layer 2 blockchain on Tezos. This move lets users hold yield-generating assets in self-custodial wallets, giving them secure savings in both USD and Euro—a first in the space.

Spiko is no small player. With $165M+ in assets, their tokenized funds, USTBL and EUTBL, rank among the top real-world assets (RWAs) in crypto. Etherlink’s ultra-low fees, sub-second transactions, and censorship resistance make it the perfect platform for expanding DeFi’s reach. The network already integrates with big names like Arbitrum, Starknet, and Polygon PoS.

Spiko’s CEO Paul-Adrien Hyppolite believes finance should be digital, open, and composable, bridging the gap between traditional markets and blockchain. Unlike most DeFi products, Spiko’s funds follow strict European UCITS regulations, ensuring top-tier security and transparency.

Etherlink is rapidly becoming a leading DeFi hub, welcomed projects such as uranium.io (the first ever uranium marketplace online) and a.etherlink domain service. As Spiko goes live in February, Etherlink is demonstrating that Tezos L2 is here to stay.

Also Read: HTX Delists PI Coin and Suspends Trading Before Mainnet Launch

Canary’s Solana ETF Advances in SEC Review Process

Canary just filed for a Solana ETF, following Grayscale. SEC is reviewing, and a decision could shape future altcoin ETFs.

Canary Capital is making moves in the crypto space by officially filing for a Solana (SOL) exchange-traded fund (ETF), following Grayscale’s similar filing last week. This marks a step forward in bringing Solana into mainstream finance, with the SEC now reviewing the “Canary Solana Trust.”

The SEC has opened a 21-day public comment period, giving the public a chance to weigh in. After that, they’ll decide whether to approve, deny, or extend the decision. A lot of crypto experts are hopeful that Solana and other altcoins will get their own ETFs this year, but no one’s sure exactly when that will happen or in what order. The vibe under the SEC’s new leadership seems more open to crypto compared to when Gary Gensler was in charge.

If Canary’s ETF gets the green light, it’ll make it easier for traditional investors to buy Solana the same way they buy Bitcoin through ETFs. Grayscale’s Solana ETF is a bit ahead in the process, and its outcome could give us a glimpse of how the SEC might handle Canary’s application. It’s an exciting time for Solana and altcoins in the finance world!

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USDT Transfers on Ethereum Become Cheaper Than on Tron

USDT transfers are now cheaper on Ethereum ($0.40) than Tron ($3.72), thanks to Ethereum’s low gas fees.

In a surprising twist, USDT transfers are now cheaper on Ethereum than on Tron. Ethereum’s gas fees have dropped to their lowest level in five years, making it a more affordable option than Tron, which was once known for having the lowest transaction fees in the blockchain world.

For example, transferring USDT from Trust Wallet costs just $0.40 on Ethereum, in comparison to $3.72 on Tron. This is a huge shift, considering it was once one of the most expensive blockchains to use due. At one point, users were paying as much as $198 per transaction on Ethereum! But now, the average gas price on Ethereum has dropped to a super-low $0.05 per transaction.

While Tron has been dominant in fee generation recently, Ethereum’s price drop could signal a shift in the DeFi ecosystem. Solana is currently leading the pack in 24-hour fee generation, with Tron and Ethereum following behind.

With gas fees now much cheaper, experts believe that Ethereum’s DeFi ecosystem could see a major recovery in the coming months, gaining back the traction it lost due to high transaction costs.

Also Read: Elon Musk’s ‘Harry Bolz’ Name Change Sparks Over 200 New Memecoins

Elon Musk’s ‘Harry Bolz’ Name Change Sparks Over 200 New Memecoins

Elon Musk’s ‘Harry Bolz’ name change on X triggered over 200 memecoins on Solana, skyrocketing 17,000%, but none of them are officially endorsed.


Elon Musk did it again—he changed his X username to “Harry Bolz,” and the crypto world went wild. Within minutes, over 200 new memecoins popped up on the Solana blockchain, all riding the hype train. These tokens launched on Pump.Fun, but let’s be real—none of them are officially backed by Musk.

Musk’s bizarre name change on Tuesday afternoon got X users buzzing. “Harry Bolz” (which sounds hilariously close to hairy balls) isn’t even new—he pulled this stunt back about 3 years ago too. But this time, the crypto crowd wasted no time capitalizing on it.

One of the first “Harry Bolz” memecoins skyrocketed 17,000% within 30 minutes, pushing its market cap to $3.68 million. However, a quick look at Pump.Fun shows hundreds more flooding in, hoping to cash in before the joke fades.

As usual, Musk hasn’t said a word about why he changed his name or if he even knows about the tokens. But memecoins thrive on hype and chaos, so this was bound to happen. Just a reminder—most memecoins have zero utility, and their prices are pure speculation.

Also Read: Poland’s Central Bank Says ‘Hard Pass’ to Bitcoin: Stability Over Crypto Volatility 

Poland’s Central Bank Says ‘Hard Pass’ to Bitcoin: Stability Over Crypto Volatility 

Summary: The central bank of Poland has doubled down on its rejection of Bitcoin for reserve assets, citing volatility, security risks, and lack of stability. According to NBP President Adam Glapiński, reserves must be “absolutely secure,” and he favors gold, USD, and euros. Despite crypto’s global rise, Poland remains cautious, sticking to traditional assets.

In fact, Glapiński recently told a press conference that Bitcoin is out of the question for Poland’s reserves. “We will not consider Bitcoin under any circumstances, as reserves must be absolutely secure,” he said, according to the Warsaw Business Journal. He cited Bitcoin’s unpredictable price swings and lack of central backing as deal-breakers for the country’s financial strategy.

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Poland’s gold reserves, currently at EUR 217.1 billion (USD 225.4 billion) as of January 2025, are in the form of gold, U.S. dollars, and euros. Glapiński lauded the timing of Poland’s gold purchases as the value is going up in economic uncertainty.

The skepticism of the NBP is not new-it warned about crypto risks, such as theft and volatility, back in 2017. The bank repeated that cryptocurrencies are not supported by any central authority and do not constitute legal tender. While some in the crypto community criticize the move, Poland insists it’s all about risk management and long-term stability.

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TL;DR: Poland’s Central Bank is not investing in Bitcoin, instead continuing to rely on gold and more traditional currencies as a hedge.

Investor Loses $1.5M in CAR Tokens After FOMO-Driven Bet

Trader aped $1.9M into $CAR, held 99.94% supply, but price tanked 77% after deepfake rumors. Now stuck with huge losses.



A trader decided to go all-in on $CAR, buying 3.6M tokens for $1.9M at roughly $457K per million, hoping to hit the jackpot. Just 10 hours later, though, the dream turned into a nightmare when the price of $CAR bottomed out, shredding the value of their investment by 77%. Their stocks are now worth just $441K, and there’s no way out.

$CAR launched on Feb 9, hyped as the official memecoin of the Central African Republic (CAR). It blew up fast, even hitting a $527M market cap. But things took a wild turn when a promo video featuring CAR’s president, Faustin-Archange Touadéra, got flagged as a potential deepfake by AI detection tools. That raised major red flags, and panic spread like wildfire.

The $CAR was an “experiment” for national development, Touadéra’s official X account said, but investors weren’t buying it. When doubts about the authenticity of the video blew out, the token’s price went into free fall.

On-chain data shows the trader never sold a single token, leaving his $1.9M investment locked in a brutal loss. That’s a tough lesson on the wild risks of memecoins-hype fades fast, and when it does, the crash hits even harder.

Also Read: MicroStrategy Acquires 7,633 More BTC, Boosting Total Holdings to 478,740

ETH Supply Rises Back to Pre-Merge Levels

ETH supply just bounced back to pre-Merge levels, thanks to blob transactions from the Dencun upgrade, reducing ETH burns and increasing inflation.



Ethereum’s supply just shot back up to where it was before the Merge, all thanks to a surge in blob transactions. According to UltraSound.Money, ETH’s circulating supply now sits at 120,521,600, wiping out the deflationary impact the Merge once had.

Before the Dencun upgrade, Ethereum’s fee-burning system kept supply in check—users paid gas fees, and a chunk of that ETH was burned, reducing overall supply. But now, blob transactions, designed to handle massive data loads for layer 2 networks, don’t burn fees, meaning less ETH is removed from circulation. With blob transactions booming, ETH inflation is creeping up again.

Things could get even crazier with the upcoming Pectra upgrade, which plans to increase both the blob target and max limit. This would mean even more ETH flooding the market.

From supply to large-scale structural changes, Ethereum is changing big time. Just very recently, the gas limit jumped to 36 million, accommodating more transactions in each block. Furthermore, even Vitalik Buterin himself has gotten directly involved in restructuring the team at the Ethereum Foundation.

As these steps keep jolting the network, predictions regarding the future dynamics of ETH’s supply become increasingly difficult.

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Crypto Market Crash: Trump’s Tariffs or Overheated Top Signals?

Trump’s tariffs and crypto “top signals” caused a $500B market crash, with overbought conditions and geopolitical tensions fueling the downturn.

The crypto market just took a massive hit, dropping nearly $500 billion, and now everyone’s wondering: was it Trump’s tariffs or the crypto market getting too hyped? Some analysts think Bitcoin (BTC) and other cryptos were overdue for a correction. The market had been showing signs of overheating for a while, with “top signals” popping up everywhere. These top signals happen when the market feels way too exposed, like when crypto apps hit new download records or celebrities jump on the crypto hype train.

One big event was Trump launching his own memecoin, TRUMP, on January 18. The launch made major headlines, bringing tons of retail investors into the mix. On top of that, Bitcoin recently hit new all-time highs without any real corrections, and we all know what happens next—sharp pullbacks.

While Trump’s tariffs definitely shook up the markets, many experts believe the crypto sell-off was more about the market being overbought than anything else. When retail adoption spikes and everything seems too good to be true, it’s a sign that things might crash. If geopolitical tensions continue and the trade war worsens, the bearish trend could stick around for a while, with traders now eyeing Bitcoin and Ethereum’s key support levels.

Also Read: February’s Top 5 Cryptos to Watch: XRP, Solana, Trump Coin, Dogecoin, and Pi Network

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