BREAKING 🚨
DeFi Development Corp has priced a $19.8 million preferred stock offering, delivering an initial 13% annual dividend. 🚀
The proceeds will fund further SOL purchases, expanding the firm’s staking position. Investors receive a 13% fixed dividend, higher than typical preferred yields. The offering attracts both retail and institutional capital. Analysts see potential pressure on SOL’s circulating supply. 📈
DeFi market eyes the impact. ⚡
$SC, $ARB, $USELESS
🚨 $SC Token Market Structure Update 📊
$SC has made a strong move upward, pushing from around 0.00084 to a recent high near 0.000941. The move came with a noticeable increase in volume, showing that buyers entered the market aggressively.
However, price has already pulled back slightly from the recent high, so these are the key levels worth watching:
✅ Support levels:
• 0.000903 first important support and breakout area.
• 0.000880–0.000860, a stronger support zone where the previous con...
Ethereum’s $2,500 level is facing an interesting test. 👀
Leverage has almost disappeared combined Binance + Bybit OI fell 90.9%, from $1.12B to just $102M.
Yet $ETH is still holding near $2,500.
Meanwhile, U.S. spot ETH ETFs saw around $1.5B of inflows in 10 days, led by BlackRock’s ETHA.
But there’s a supply-side risk: one whale moved 40,881 ETH (~$100.7M) to major exchanges.
So the key question now:
Can spot demand from ETFs absorb potential whale selling and keep ETH above $2,500?
#E...
Exactly 4 years ago, on August 24, 2022, Bitcoin closed at $21,395
At $79,000 today, that’s roughly a +269% gain, or 3.69x
$BTC