Despite the overall macro calamity experienced last week, bitcoin’s price surged from $75,000 to almost $82,000 within days, hitting its highest level since the start of the month. However, the breakout attempt was halted at $82,000 due to more worrisome news from the Middle East. There’s also a technical aspect that helped prevent another leg […]
S&P Global (SPGI) has agreed to acquire OpenZeppelin, the smart contract security firm whose open-source code library sits behind more than $37 trillion in transferred value, and will run the auditor as a standalone business unit under its own name. Founded in 2015, OpenZeppelin pairs security assessments and secure development services for decentralized finance (DeFi) […]
Christine Lagarde personally asked Greek Prime Minister Kyriakos Mitsotakis to block Binance’s bid for a license to operate across the European Union, according to a Wall Street Journal report citing people familiar with the discussions. The intervention came after Greek regulators had all but signed off on the application, raising an obvious question about how […]
JPMorgan analysts led by Nikolaos Panigirtzoglou said in a note this week that Bitcoin (BTC) could draw more price support than gold if hedging demand in the ETF market eases, with short interest in BlackRock’s iShares Bitcoin Trust (IBIT) sitting near its highest level of the year. IBIT’s put-to-call open interest ratio runs above that […]
Charles Hoskinson says the cryptocurrency industry is about to do to artificial intelligence what it once did to cryptography, and he thinks the spending spree behind today’s AI data centers is heading for a bust. In the September 16 episode of the Deeptech Insights podcast, the Cardano founder argued that blockchains could give AI payment […]
Crypto.com is moving closer to launching single-stock futures in the United States after the SEC acknowledged a Form 1-N filing from North American Derivatives Exchange (Nadex). CEO Kris Marszalek revealed the company is now “authorized” to bring single-stock futures to the market through OG.com, which is its CFTC-regulated standalone prediction market platform launched in February. […]
Trader Matthew Hyland says Bitcoin is sitting at a daily cycle low with a bullish divergence forming on the charts, and he’s calling for prices above $90,000 by early November. He’s making that call even as BTC trades near $76,000, down sharply since the Senate failed to advance the CLARITY Act, and while most of […]
XRP’s recent 70% rally may have had an early on-chain signal. Santiment found 85 new wallets holding at least 1 million tokens appearing just two days before the August 17-21 surge. That matters because these larger wallets can absorb supply and strengthen bids while shifting liquidity faster than retail traders. Changes in their numbers have […]
The US Senate failed to advance the Digital Asset Market Clarity Act after the procedural vote fell short of the 60 needed to move forward. While this was “disappointing,” Coinbase co-founder Brian Armstrong said that bipartisan talks may continue and the bill could get another chance. The exec, however, acknowledged that the industry “cannot wait” […]
Solana is holding a major support area even after its latest correction. After reports that the CLARITY Act failed to advance in the US Senate, the crypto asset took a plunge from over $101 to under $96 before a minor recovery. Ali Martinez found that 72 million SOL previously traded around this level, which makes […]