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 […]
The US Senate failed to advance the Digital Asset Market CLARITY Act on Tuesday, falling short of the 60 votes needed to send the bill toward a final vote. Ripple CEO Brad Garlinghouse says the setback stings, but it won’t change what his company is doing. Garlinghouse Calls the Vote a Missed Opportunity Writing on […]
CoinEx is preparing to shut down its platform after nearly nine years as the weakness across the crypto market has made operations increasingly difficult. The exchange said the broader industry has seen a significant contraction in trading volume and liquidity. It also cited rising regulatory requirements across major jurisdictions alongside higher compliance costs and operational uncertainties […]
The XRP Ledger’s Batch V1.1 amendment is one validator vote short of reaching the 80% threshold needed to begin its 14-day activation countdown, after a security rebuild that followed a critical flaw in the original version. The revised code has gone through senior engineering review, adversarial testing, two external security reviews, and AI-assisted analysis before […]