Cryptonews

Ethereum, that darling of the crypto world, has rebounded with such vigor that one might say it’s been to the gym… or perhaps just had a very good therapist. 🚀

TRON isn’t just here to play. No, this blockchain ecosystem is flexing its muscles, hitting impressive milestones, and showing no signs of slowing down. We’re talking 11 billion transactions, over $60 billion in monthly transfers, and a solid $6.7 billion in Total Value Locked (TVL). These aren’t just numbers-they’re the very embodiment of TRON’s staying power in the DeFi world. The key takeaway here: it’s not about the quantity, it’s about the consistency. From daily activity to revenue growth, TRON’s got the goods.

The whirlwind leap in Ether’s value left behind a trail of chaos-more than $673 million in liquidation, mostly siphoned from short traders who, poor souls, had bet against this beast of a coin. Their loss, our drama. Meanwhile, the crypto market cap swelled with the vitality of a bloated river, growing more than 5 percent in the past 24 hours, now floating at a handsome $4.12 trillion. Oh, how grand!

To devour such a staggering portion within a quicksilver fortnight, and precisely as the coin’s price attempted a rather pathetic little jig towards respectability, is either a work of genius or a spectacular display of collective madness. One can never be entirely sure in these matters.

After what felt like an eternity (or four years, if you’re counting), the US Court of Appeals for the Second Circuit decided to put everyone out of their misery by approving a joint motion to dismiss the case. It’s almost as if they realized the universe had better things to do. 🌌

Jerome Powell, the man who can move markets with a single word (or a slightly weird look), has once again worked his magic. After his speech, the crypto market flipped the switch to “bullish,” and BNB took off like a rocket, reaching $897. Clearly, BNB is now considered one of the top altcoins of this market cycle. And honestly, who could blame it? It’s just that good. 🤑

Our correspondent at the magical interwebs, Lawyer James Filan, announced the news on X (formerly Twitter, and possibly soon to be renamed to something less like algebra homework). Apparently, the U.S. Court of Appeals for the Second Circuit finally signed off as if to say, “Are we done yet?”

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According to Coinglass (a platform that sounds suspiciously like a video game cheat code), Ethereum led the charge with $248 million in liquidations, while Bitcoin trailed behind with a modest $87.65 million. Poor Bitcoin, always playing second fiddle to its flamboyant cousin. 🎸📉

Lo and behold! The numbers have spoken, and they speak in the language of obliteration. A cool $207 million vanished into thin air from short positions alone, leaving their long counterparts with a measly $40 million loss as consolation. Bulls stampeded over bears like a herd of caffeinated elephants, all thanks to a sudden upward surge across major assets. Truly poetic justice. 🐂