Bitcoin’s impressive rally that began in August and culminated, for now, a few days ago with a surge past $87,000 could be in serious jeopardy as the tension in the Middle East has escalated once again. The Wall Street Journal reported that US President Donald Trump has rejected Iran’s latest peace proposal and even warned […]
HIFI, the New York stablecoin infrastructure company that took part in DTCC’s July tokenized securities trades, raised a $37 million Series A led by Left Lane Capital, it said on Thursday, with the money going to licenses, cards and capital markets. Matthew Miller, Managing Partner at Left Lane Capital, joins the board. HIFI said its […]
KelpDAO has filed a lawsuit against LayerZero and its co-founder Bryan Pellegrino, accusing the bridge provider of security failures behind the $292 million exploit of its rsETH token in April. The suit, filed in British Columbia, is KelpDAO’s most direct attempt yet to hold LayerZero accountable after months of public disagreement over what caused the […]
Bitcoin options worth roughly $15.9 billion are set to expire on Deribit at 8:00 AM UTC today, covering about 184,000 BTC contracts. The expiry comes with the OG crypto trading near $84,000 after retreating from an eight-month high above $87,000, putting recent price gains against a large options settlement. The Friday Expiry By the Numbers […]
The Trump administration is reportedly considering an initiative to promote dollar-denominated stablecoins overseas. The goal, according to a Bloomberg report citing people familiar with the plans, is to protect the dollar’s place as the world’s reserve asset and to raise demand for US Treasuries, which stablecoin issuers typically hold as reserves. Joint Ventures and Federal […]
Ripple’s cross-border token remains highly appealing to institutional investors, while whales have also accumulated a significant amount of tokens lately. Despite these positive factors, XRP has slipped 8% after a red wave swept through the broader market. Meanwhile, one of the company’s top executives shared the stage at the MESA Forum with representatives from financial […]
Ethereum co-founder Vitalik Buterin has welcomed Trueo’s planned migration from Base to Ethereum mainnet, describing it as a new prediction-market contender focused on decentralization and ethical design. The move puts Trueo’s dispute-resolution system and plans for wider DeFi integration at the center of its pitch as prediction markets face legal scrutiny and competition. Trueo Says […]
The Commodity Futures Trading Commission (CFTC) is reportedly reviewing unusual trading on Kalshi’s Ethereum perpetual futures market. This is according to The Wall Street Journal (WSJ), which found close to one million trades clustered around the same $5,500 order size since August. The pattern, which the WSJ said accounted for more than $5 billion in volume, […]
Bitcoin has moved above a key long-term technical level that CryptoQuant says has historically marked major shifts in the cryptocurrency’s market cycle. BTC closed above its 365-day moving average, which stood near $80,500, for the first time since March 2023. At the time, the asset was trading around $86,000 when it closed above the average. […]
CME Group will launch Bitcoin Cash (BCH) and Uniswap (UNI) futures on October 19, pending regulatory review, the exchange announced on Tuesday, and BCH climbed from $270 to $328 on Binance within 90 minutes of the 8:30 a.m. ET release. It kept surging in the following hours to $340, while UNI is currently up by […]