Lighter (LIT), a decentralized perpetuals trading protocol, rose 19% to a new high of $1.62 after its CEO confirmed plans to enter the US perpetuals market, a $100 billion opportunity. The company is pursuing regulatory licensing and maintaining a presence in Washington, aiming to participate despite ongoing regulatory uncertainty. Market interest increased with $63.8 million flowing into LIT perpetual markets and positive funding rates, while protocol earnings reached $50.4 million, signaling strong revenue growth. On-chain data and sustained investor inflows suggest bullish sentiment and potential for further upside in the near term.
Lighter (LIT) saw a 13% peak rally driven by nearly $1 million in recent protocol revenue and strong Spot buyer interest totaling $54.6 million inflows. Retail traders led the surge, though whale participation increased, supporting leveraged position...
Zcash surged 10.81% to $554.67, leading the altcoin rally thanks to recent upgrades improving its security features. Other altcoins like Lighter and Pump.fun also posted notable gains, reflecting growing interest in niche crypto projects. Meanwhile, ...
Bitcoin stabilized around $62,600 after a recent drop from $64,400 to $61,800, with significant liquidations mostly affecting long positions. South Korea's KOSPI index has fallen 10% since Friday, causing a massive 1,426% surge in crypto trading volu...
Provenance Blockchain (HASH) led gains on July 14 with a 16.54% price surge to $0.009461, driven by its focus on financial services using distributed ledger technology. Other notable gainers included Beldex (BDX) up 15.97%, NEAR Protocol rising 4%, a...
Bitcoin fell about 1.4% to around $63,000 as renewed US-Iran hostilities caused risk-off sentiment, leading traders to take profits after a recent rally. Despite the drop, Bitcoin remains within its $59,000 to $66,000 trading range and has seen its f...
