LAB token fell sharply by 34% to $9.00 as excessive leverage unwound and concerns over tokenomics and upcoming token unlocks weighed on sentiment. Market capitalization dropped to $3.88 billion, with trading volume surging 121% to $58.71 million, indicating active selling and position closures rather than new buying. Derivatives data showed a 23% decline in open interest and persistent negative funding rates, signaling that short sellers remain dominant and traders are reducing risk exposure. The token now tests critical support at $7.65; a break below could lead to further declines toward $4.00, while holding this level might allow a short-term rebound if technical conditions improve.
Idaho Copper Corporation announced an $18 million public offering of common stock and warrants priced at $4.85 per share, with an additional 45-day option for over-allotments. The proceeds will fund an updated Preliminary Economic Assessment, initial...
Bitcoin options open interest rose to nearly $26 billion, driven by increased call option positioning while traders also maintained significant downside protection. This mix indicates cautious bullish sentiment, with a focus on near-term upside poten...
Gold prices surged over 2% to above $4,000 per ounce following weaker-than-expected US private-sector job growth, with only 98,000 jobs added versus forecasts of 110,000. This softer employment data, combined with falling oil prices, has increased ex...
Aave V4 has launched its Global Dollar Hub, a new liquidity hub centered on the regulated stablecoin USDG issued by Paxos. Users can deposit PT-USDG principal tokens as collateral to borrow USDC and USDT, enabling fixed-rate stablecoin borrowing. Thi...
Affirm reported strong Q3 2026 results, with revenues reaching $1.04 billion, up 32.64% year-over-year, surpassing expectations by $43.56 million. The Affirm Card was a key growth driver, with active users increasing 130% year-over-year to 4.4 millio...
