PancakeSwap DEX burned over 8.7 million CAKE tokens worth $35 million on Monday. The decentralized exchange burns trading fees collected across V3 and V4, prediction market, lottery, NFTs and games. Ethereum could see a boost as whales resume purchase, spending $35 million in 14 hours to get the largest altcoin. JP Morgan says Ethereum ETF could be approved after a litigation process.PancakeSwap DEX burned over 8.7 million CAKE tokens worth $35 million on Monday.
Ripple price struggles to recoup the $0.60 round level on Monday after touching it over the weekend, after Ripple CEO Brad Garlinghouse said in an interview with CNBC that he expects the crypto market to remain bullish this year. SocialFi tokens have seen a resurgence in prices on Monday as crypto traders revive the Friend.tech hype. Friend.tech v2 launch is coming up after April 20, feeding the SocialFi narrative among market participants.
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