Products
Trading Strategies
Markets
© 2025 Edgen Powered by
Ask AI About MNT
No Data Yet
Executive Summary The cryptocurrency staking landscape is undergoing significant institutionalization and regulatory maturation. Valour Digital Securities Limited launched the 1Valour Bitcoin Physical Staking ETP on the London Stock Exchange, providing regulated access to Bitcoin yield for professional investors. Concurrently, BitGo Europe GmbH secured an extended license from Germany's BaFin, enabling a comprehensive suite of MiCA-compliant custody, staking, transfer, and trading services across Europe. These developments coincide with Trust Wallet detailing new TWT tokenomics aimed at bolstering ecosystem utility and Meteora confirming MET token airdrops for JUP stakers. Meanwhile, Ethereum co-founder Vitalik Buterin defended the network's 45-day staking exit queue, emphasizing its role in blockchain security. The Event in Detail Valour Digital, a subsidiary of DeFi Technologies Inc., introduced the 1Valour Bitcoin Physical Staking ETP on the London Stock Exchange Main Market on September 18. This product, identified by ISIN: GB00BRBV3124, is designed for professional investors, offering a 1.4% annual staking yield reflected in its net asset value daily. The ETP is physically backed 1:1 with Bitcoin held in institutional-grade cold storage by Copper and employs multi-party computation technology for security. It is available in both GBP and EUR currencies. In Europe, BitGo Europe GmbH received an extension to its license from Germany's Federal Financial Supervisory Authority (BaFin) on September 17, 2025. Operating out of Frankfurt, BitGo Europe now provides regulated crypto OTC trading, high-performance electronic trading for thousands of digital assets and stablecoins, alongside its existing custody, staking, and transfer services. This expansion positions BitGo as a comprehensive, MiCA-compliant full-stack platform for institutional investors across 27 EU member states. Trust Wallet, a prominent self-custody Web3 wallet with over 210 million users, released a Litepaper outlining new TWT tokenomics. The updates, which include lock-up rewards, DeFi staking, fee discounts, and community governance, are slated for phased implementation beginning in Q4 2025. Key features like FlexGas, launched in May 2025, enable users to pay Ethereum and BNB Chain gas fees with TWT, USDT, or USDC, with cross-chain support anticipated by late 2025 or Q3 2025. Community sentiment reflects "FlexGas hype" for its utility expansion, tempered by "liquidity jitters" following Binance's reduction of TWT's collateral ratio from 60% to 45% in June 2025. Within the Solana and Jupiter ecosystems, Meteora confirmed that JUP stakers will be eligible for a MET token airdrop, with the Token Generation Event (TGE) scheduled for October. Season 1 of Meteora's points system concluded on June 30, 2025, allocating 15% of MET tokens for the airdrop based on points earned from fees and Total Value Locked (TVL) in 2024 and 2025, plus an additional 2% for retail users meeting specific criteria. Ethereum's staking mechanism was recently a subject of debate, with co-founder Vitalik Buterin defending the network's 45-day staking exit queue. Buterin characterized staking as a "solemn duty to defend the chain," suggesting that "friction in quitting is part of the deal" for network stability. This response followed criticism from Galaxy Digital's head of DeFi regarding the lengthy unstaking period compared to Solana's two days. The Ethereum network currently boasts over 1 million active validators and 35.6 million ETH staked, representing nearly 30% of the total supply, with an entry queue of 464,626 ETH requiring an 8-day activation delay. Market Implications The introduction of regulated Bitcoin staking products, such as Valour Digital's ETP, signifies a growing integration of decentralized finance mechanisms into traditional financial structures. This provides institutional investors with a compliant avenue to earn yield on digital assets, potentially driving further capital inflows into the crypto market. The 1.4% annual yield, while modest compared to some DeFi offerings, is notable for its regulatory backing and physical Bitcoin collateralization. BitGo's expanded BaFin license under MiCA is expected to significantly enhance institutional confidence and activity in the European digital asset market. With 72% of EU investors prioritizing MiCA-compliant platforms, and a reported 55% rise in institutional deposits in EU-regulated custodians since 2024, BitGo's comprehensive suite of services positions it to capture a substantial share of Europe's projected $26 billion crypto revenue growth in 2025. This development reduces operational risk for institutional players and enables more efficient capital deployment within a secure, regulated framework. Updates to tokenomics, as seen with Trust Wallet's TWT and Meteora's MET airdrop, are crucial for sustaining ecosystem growth and user engagement. Trust Wallet's FlexGas feature aims to drive TWT utility and adoption, with projections of up to $3.7 million in monthly demand if 10% of daily swap volume utilizes TWT for gas. However, the impact of Binance reducing TWT collateral ratios underscores the sensitivity of token valuations to broader market liquidity and exchange policies. The Meteora airdrop for JUP stakers incentivizes participation and loyalty within its ecosystem, a common strategy to foster community and liquidity for new tokens. Vitalik Buterin's defense of Ethereum's staking exit queue highlights a fundamental tension between user liquidity and network security. His argument that "friction" is a necessary component for a robust, decentralized network provides a philosophical underpinning for Ethereum's current design choices, distinguishing it from networks with faster unstaking periods. This ongoing discussion influences perceptions of network stability and decentralization as key value propositions. Expert Commentary Olivier Roussy Newton, CEO of DeFi Technologies, emphasized Valour's pioneering role, stating, "We are proud to unveil the world's first Bitcoin Staking ETP to be listed on the London Stock Exchange." He added that Valour offers "the ability to earn a yield of 1.4% on properly custodied Bitcoin from a regulated, exchange-listed instrument." Brett Reeves, Head of European Sales and Go Network at BitGo, expressed enthusiasm for their expanded European platform, remarking, "We are thrilled to bolster our European platform and enable our clients to trade seamlessly, competitively, and confidently." Reeves highlighted the combination of institutional-grade custody with high-performance execution, calling it "a game-changer for any institution looking to operate safely and efficiently in the digital assets markets." Vitalik Buterin, addressing concerns over Ethereum's staking exit queue, likened staking to military service, suggesting that "friction in quitting is part of the deal" for those undertaking "a solemn duty to defend the chain." Broader Context These individual developments occur within a broader trend of increasing regulatory clarity and institutional acceptance in the crypto market. The U.S. Securities and Exchange Commission (SEC) has tacitly allowed staking yields within ETPs, provided issuers meet specific liquidity requirements, such as ensuring 85% of assets are redeemable or establishing comprehensive liquidity risk management plans. This regulatory shift, alongside the approval of Bitcoin spot ETFs in January 2024, is paving the way for a "fast track" for altcoin ETFs. Market analysts anticipate that such regulatory allowances could trigger a significant supply squeeze, potentially up to $710 billion for Bitcoin ETFs, fundamentally altering the supply-demand dynamics of the crypto market and positioning entities like Coinbase as significant beneficiaries due to their established infrastructure. The cumulative effect of these regulatory milestones and product innovations suggests a continued maturation of the digital asset ecosystem, attracting more traditional financial participants.
Executive Summary The digital asset market is experiencing significant institutional engagement, highlighted by 180 Life Sciences' successful $425 million private placement for an Ether (ETH) treasury. This move positions the company as ETHZilla Corporation, aiming to set a benchmark for on-chain treasury management. Concurrently, major financial players like JPMorgan Chase are deepening their integration with cryptocurrency platforms such as Coinbase, signaling increased mainstream access to digital assets. This institutional influx occurs amidst evolving regulatory frameworks, including the White House Crypto Report and initiatives from the SEC and CFTC aimed at clarifying digital asset classifications and fostering on-chain finance. However, this growth is met with cautionary insights from Standard Chartered, which warns of a potential market net asset value (mNAV) collapse for many digital asset treasuries (DATs), suggesting impending sector-wide consolidation. The Event in Detail 180 Life Sciences (Nasdaq: ATNF) announced a $425 million Private Investment in Public Equity (PIPE) transaction to establish an Ether (ETH) treasury reserve. The company plans to rebrand as ETHZilla Corporation following the closing of the transaction, which is expected around August 1, 2025. The net proceeds from this offering are primarily allocated for the purchase of ETH, along with general corporate purposes. This strategy aims to position ETHZilla as a benchmark for on-chain treasury management among publicly traded companies. Over 60 institutional and crypto-native investors, including Harbour Island, Electric Capital, and Polychain Capital, participated in the PIPE. Electric Capital will serve as the external asset manager, tasked with implementing a differentiated on-chain yield generation program for the treasury. In a separate development, JPMorgan Chase and Coinbase announced a strategic partnership to enhance crypto accessibility for mainstream users. Beginning in Fall 2025, Chase credit card holders will be able to purchase cryptocurrencies directly on the Coinbase platform, though these transactions will be subject to cash-advance terms. By 2026, Chase customers will gain the ability to convert their Ultimate Rewards points into USDC stablecoin at a rate of 100 points per $1, and directly link their bank accounts with Coinbase. This collaboration is projected to generate substantial revenue for Coinbase, with an estimated $1.2 billion annually from direct bank-to-wallet connections and rewards conversions, and an additional $500 million from credit card funding. Market Implications The substantial influx of institutional capital into the digital asset space suggests a maturing market but also introduces risks. Data indicates that over 10% of Bitcoin's total supply is now held by institutions, ETFs, and governments, with over 80 public companies collectively owning 3.4% of the supply. A significant 83% of institutional investors plan to increase their crypto allocations in 2025, and 96% express belief in the long-term value proposition of Bitcoin and crypto. This trend, driven by Wall Street capital, is viewed by some as the potential onset of a "first proper crypto bubble." However, the proliferation of Digital Asset Treasuries (DATs), initially inspired by MicroStrategy's Bitcoin acquisition strategy, faces significant challenges. Standard Chartered issued a warning regarding the collapse of market net asset values (mNAVs) for many DATs. The mNAV, which measures a company's enterprise value relative to its cryptocurrency holdings, must remain above 1 for a firm to efficiently issue new shares and accumulate digital assets. Several high-profile DATs have recently fallen below this critical threshold, hindering their ability to expand holdings. Standard Chartered attributes this mNAV suppression to market saturation, growing investor caution, unsustainable business models, and the rapid expansion of Ether and Solana treasury strategies, noting 89 imitators of MicroStrategy's approach. This compression is expected to drive consolidation, favoring larger, more liquid players, and those capable of low-cost financing or yield generation through staking. NYDIG has also observed narrowing premiums in DATs. Expert Commentary Standard Chartered analysts predict that the recent collapse in DAT mNAVs will lead to "differentiation and market consolidation," emphasizing that "only a select few companies will sustain a lasting MNAV premium." These companies, according to the bank's analysts, will distinguish themselves through "strong leadership, disciplined execution, savvy marketing, and distinctive strategies" that ensure continued growth of Bitcoin-per-share regardless of broader market fluctuations. Despite JPMorgan Chase CEO Jamie Dimon's historical skepticism regarding digital assets, his firm's strategic moves, including the Coinbase partnership and exploration of stablecoins and direct crypto-backed lending, indicate a blurring of lines between traditional finance and decentralized finance. This suggests an evolving pragmatic approach within established financial institutions. SEC Chair Paul Atkins previously stated that "most crypto assets are not securities" and launched Project Crypto, a commission-wide initiative to modernize securities rules and regulations for blockchain-based infrastructure. His vision includes onshoring crypto capital markets and creating regulatory pathways for various digital asset activities. Broader Context The overarching trend points towards an accelerated integration of digital assets into the mainstream financial ecosystem, driven by both corporate strategy and a shifting regulatory environment. The White House Crypto Report and the SEC's 2025 Crypto Task Force, led by Hester Peirce, signal a move from an enforcement-driven approach to an innovation-friendly framework. The repeal of Staff Accounting Bulletin 121 (SAB 121) and introduction of SAB 122 has empowered traditional financial institutions to offer crypto custody services with greater confidence. Furthermore, the passage of the CLARITY and GENIUS Acts in July 2025 provides legislative clarity for stablecoin licensing and safe harbors for DeFi activities. This regulatory evolution, coupled with the increasing institutional belief in the long-term value of digital assets and strategic partnerships like JPMorgan and Coinbase, is transforming the landscape. However, the anticipated consolidation within the DAT sector highlights the competitive and evolving nature of this market, where only robust and strategically sound models are likely to thrive.
Pump.fun livestreamers are earning substantial rewards by promoting Solana meme coins through bizarre stunts, creating highly volatile "creator capital markets" with rapid price fluctuations. Executive Summary Pump.fun livestreamers are engaging in increasingly bizarre stunts to promote their Solana meme coins, generating significant creator rewards and high market volatility. This trend underscores the emergence of "creator capital markets," where content creators directly monetize their audience's engagement through associated crypto tokens, often leading to rapid price fluctuations and speculative market sentiment. The Event in Detail The Pump.fun platform has recently seen a resurgence in livestreams, with creators performing unusual acts to promote their newly launched meme tokens. These promotions range from individuals pretending to be lamps for eight hours, hosting bizarre talent shows, spinning an egg wearing a hat, to acting as "Joker-esque" characters. The platform's new fee model directly incentivizes these activities by allowing token creators to earn a percentage of every trade. Significant earnings have been reported by these creators. Former League of Legends esports player Michael "BunnyFuFuu" Kurylo earned $243,600 in creator rewards since launching his BunCoin. The developer behind the RUNNER token earned $108,410. The deployer of the EGG token accrued $72,760 in creator rewards, despite the token's market capitalization dropping 80% from its peak of $1.6 million to $308,600. The duo behind the "lamps" stream earned $4,710, with their token reaching a peak market cap of $262,000 before retracing to $157,000. Market Implications These livestream promotions generate substantial trading volume and rapid, often extreme, price fluctuations for the associated meme coins. The market sentiment surrounding these "creator capital markets" is characterized by high volatility and speculative activity. The meme coin market carries inherent risks, including illiquidity, potential for exit scams, and significant price discovery volatility due to the absence of clear valuation baselines. Small-cap meme tokens can experience parabolic price movements with relatively modest capital inflows, largely due to their low liquidity. Expert Commentary The concept of "creator capital markets" is gaining traction, driven by the direct monetization opportunities for creators through crypto tokens. The underlying philosophy behind some creator payout models aims to align incentives, ensuring that creators are rewarded for building sustainable projects rather than merely engaging in speculative ventures. This approach seeks to build trust by rebutting the assumption that new tokens are solely vehicles for creators to enrich themselves, instead tying rewards to the long-term health and success of the platform. Broader Context This trend is situated within the expanding Web3 creator economy, where decentralized technologies aim to empower content creators with new monetization and audience interaction models. However, the rapidly evolving landscape of crypto advertising faces tightening global regulations in 2025. These regulations include stringent influencer disclosure rules and platform restrictions, potentially impacting the types of promotional activities seen on platforms like Pump.fun. Regulatory frameworks such as the EU's MiCA regulation and the U.S. GENIUS Act are establishing clearer guidelines for crypto-asset advertising. In 2024, misleading or false advertising in the crypto sector resulted in $115 million in fines globally, with projections for higher losses in 2025. Despite a general increase in cryptocurrency adoption, with approximately 28% of American adults owning crypto in 2025, concerns persist regarding the security of digital assets, as 40% of owners express a lack of confidence in the technology's safety. These factors introduce a layer of scrutiny to highly speculative and unregulated promotional activities within the crypto market.
A Thorchain co-founder lost $1.35 million in a deepfake scam as Bitcoin experienced a slight pullback, while altcoins like PENGU and MYX saw significant gains, indicating a potential market shift. Executive Summary Cryptocurrency markets are navigating a mixed landscape, marked by a significant security incident involving THORChain and a notable shift in altcoin momentum despite a slight pullback in Bitcoin (BTC). Bitcoin briefly touched $116,317 before stabilizing under $115,500. Concurrently, the Altcoin Season Index rose to 67, signaling increased altcoin strength. The Event in Detail THORChain co-founder JP reported a loss of $1.35 million from a personal wallet on September 9, following a Telegram phishing scam orchestrated by North Korean hackers. The attack utilized a deepfake video call, leading to the compromise of an old MetaMask account. Blockchain investigator ZachXBT confirmed the incident, emphasizing it affected a personal wallet, not the THORChain network directly. In the broader market, Bitcoin traded at $115,443, reflecting a 1.12% increase over the preceding 24 hours, with fluctuations between $113,453 and $116,317. Its daily trading volume surged to $52.17 billion, maintaining a market capitalization of $2.29 trillion. Technical analysis indicates Bitcoin faces resistance at $116,344, with immediate support around $113,650. Altcoins demonstrated significant upward movement. Pudgy Penguins (PENGU) saw its open interest hit a record high of 7.78 billion coins. The token is trading at $0.03415, supported by a 24-hour volume of $444.02 million and a market capitalization of $2.14 billion. Analysts project a potential target of $0.10 for PENGU. MYX Finance (MYX) experienced an almost 1,500% price surge in the past week, reaching approximately $17.60. Other tokens such as Solana (SOL), Ethena (ENA), and Hyperliquid (HYPE) also recorded notable gains. Market Implications The THORChain security breach highlights persistent vulnerabilities within the decentralized finance (DeFi) ecosystem, particularly concerning social engineering tactics and potential zero-day exploits. The incident underscores the ongoing need for robust security measures in DeFi, including multi-party computation (MPC) wallets and AI-driven monitoring to mitigate single points of failure. Industry recommendations include multi-layered defense strategies, governance delays, multi-signature schemes, and real-time transaction monitoring. The increasing open interest in altcoins, coupled with the rising Altcoin Season Index, signals a potential shift of capital from Bitcoin into higher-risk, higher-reward alternative assets. This trend suggests the possible onset of an "altcoin season," where altcoins collectively outperform Bitcoin in market capitalization. Broader Context Market optimism has been influenced by broader economic factors, including hopes for a US Federal Reserve rate cut following the release of US CPI data. This economic backdrop contributes to a positive outlook for cryptocurrencies as investors seek alternatives amidst economic uncertainty. Despite the overall positive sentiment, derivatives positioning remains cautious, with options skew tilted toward puts, suggesting underlying fragility.
Mantle is a pioneering on-chain ecosystem dedicated to revolutionizing the future of finance and blockchain scalability, seamlessly bridging traditional finance (TradFi) and decentralized finance (DeFi). Through innovative products like Mantle Network, mETH Protocol, Function (FBTC), and Mantle Index Four (MI4), Mantle empowers users and institutions with a unified financial services platform, redefining how the world spends, saves, and invests in the Web 3.0 era.
What is MNT? $MNT powers Mantle’s ecosystem, serving as the cornerstone for governance, staking, and driving innovation across the decentralized economy. (Data from Coingecko)
Mantle (MNT) current price is 0, up 6.22% today.
Mantle (MNT) daily trading volume is $522.4M
Mantle (MNT) current market cap is $5.8B
Mantle (MNT) current circulating supply is 3.2B
Mantle (MNT) fully diluted market cap (FDV) is $11.1B