Monad Foundation has launched its highly anticipated MON token airdrop portal, targeting over 230,000 active crypto community members in what represents one of the most strategic token distributions of 2024. The layer-1 blockchain competitor to Ethereum and Solana is deploying sophisticated anti-sybil measures to ensure tokens reach genuine participants across major DeFi protocols, NFT collections, and governance ecosystems. With pre-market trading already showing significant interest and the claim window open until November 3, this airdrop marks a critical milestone for Monad’s ambitious $225 million-funded network development.
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News from NZL Wall Street Beats Estimates as China Trade Battle Escalates
China has escalated its trade conflict with Washington by targeting American shipping, marking a significant intensification of economic tensions between the world’s two largest economies. Meanwhile, Wall Street giants JPMorgan and Goldman Sachs delivered impressive earnings that crushed estimates as dealmaking roared back, providing a stark contrast to General Motors’ painful reset with a $1.6 billion charge tied to scaled-back EV plans. The mixed market landscape sets the stage for a volatile trading day as investors digest conflicting signals across sectors.
read moreBillionaires Bet Big on AI: Nvidia, Microsoft, Alphabet
Wall Street’s wealthiest investors are making concentrated bets on artificial intelligence infrastructure companies, with three tech giants—Nvidia, Microsoft, and Alphabet—seeing massive inflows from billionaire-run hedge funds in the second quarter of 2025. These strategic moves signal strong confidence in the continued growth of AI technology and its market potential, despite premium valuations across the sector. The coordinated buying activity from some of finance’s most successful investors highlights a consensus view that AI infrastructure represents one of the most lucrative investment opportunities of the decade.
read moreHow BlackRock’s IBIT ETF Stabilized Bitcoin Above $100K
Bitcoin experienced extreme volatility over the weekend, plunging through $110,000 amid tariff tensions before recovering. The key question emerging from the turmoil is whether BlackRock’s IBIT ETF acted as a critical shock absorber, preventing a deeper price collapse. Analysis of ETF flows reveals a fascinating structural dynamic at play.
read moreAltcoin Buying Opportunity Emerges Amid Market Fear
Recent US tariff announcements triggered a dramatic altcoin selloff, creating what market analysts identify as a potential strategic buying opportunity. With 90% of Binance-listed altcoins trading below their critical 200-day moving average, the market exhibits classic capitulation signals that historically precede significant rebounds. While fear dominates current sentiment, CryptoQuant analysis suggests this environment could reward investors who act against prevailing market psychology.
read moreBill Seeks to Codify Trump’s Crypto 401(k) Order Into Law
Republican Congressman Troy Downing is spearheading legislation to transform President Trump’s executive order on cryptocurrency retirement options into binding federal law, potentially forcing 401(k) providers to offer digital asset exposure and unlocking billions from America’s $25 trillion retirement savings industry for Bitcoin, Ethereum, and other cryptocurrencies.
read moreBinance Launches $400M Crypto Recovery Initiative
In a significant move to stabilize the cryptocurrency market, Binance has unveiled a comprehensive $400 million recovery program designed to support both retail users and institutional clients affected by recent market volatility. The ‘Together Initiative,’ announced on October 14th, represents one of the largest single-company relief efforts in crypto history, coming on top of another $283 million that Binance recently distributed as reimbursements to users who suffered losses through collateral liquidations.
read moreXRP Analyst Cites Data Manipulation, Sets $1.40 Baseline
A prominent crypto analyst has raised alarms about inconsistent XRP pricing data across major exchanges, announcing a fundamental shift in how the token’s charts will be interpreted. EGRAG CRYPTO claims visible price distortions during recent volatile moves have compromised traditional analysis methods, forcing a move to consolidated data and establishing $1.40 as the new baseline for long-term assessment amid declining futures interest and technical uncertainty.
read moreEthereum Fusaka Upgrade Activates on Sepolia Testnet
Ethereum’s Fusaka upgrade has successfully launched on the Sepolia testnet, marking the second phase of the network’s three-step roadmap. This deployment focuses on stress testing critical scalability improvements including higher gas limits and new data-availability systems. The activation represents a significant milestone in Ethereum’s ongoing evolution toward enhanced network performance.
read moreTether Settles Celsius Bankruptcy Claims for $299.5M
Stablecoin giant Tether has resolved its legal battle with the Celsius Network bankruptcy estate through a $299.5 million settlement, representing just 6.7% of the nearly $4.5 billion in Bitcoin originally sought by the failed crypto lender. The agreement concludes an adversary proceeding filed in August 2024 that alleged Tether improperly liquidated Bitcoin collateral before Celsius’s July 2022 bankruptcy. This resolution comes alongside the 12-year prison sentence handed to former Celsius CEO Alex Mashinsky for fraud and token manipulation, marking a significant chapter in the ongoing cleanup of one of crypto’s most spectacular collapses.
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