The former cryptocurrency exchange giant announced yesterday that it will begin its fifth creditor distribution at the end of the month, pushing the total announced repayments beyond $10 billion almost four years after it went bust. The next batch of repayments will be for $900 million, which works in alignment with the company’s Chapter 11 […]
ZachXBT has sparked debate after claiming on his Telegram channel that hardware wallets are “complete garbage” for serious crypto use. According to him, people who often handle huge amounts are better off using a spare iPhone as a sign-in device. ZachXBT Details the Daily Struggles of Hardware Wallet Users The crypto investigator’s Telegram message was […]
Around 19,500 Bitcoin options contracts will expire on Friday, July 17, with a notional value of roughly $1.23 billion. This expiry is much smaller than usual events, so it is unlikely to have any impact on spot markets. Crypto markets have gained later in the week following cooler-than-expected US inflation data, but have lost those […]
Coinbase CEO Brian Armstrong has rejected calls for a new AI self-regulatory body, arguing that existing laws already provide enough protection against harmful AI. His remarks came just a day after the crypto exchange disclosed that AI now writes over 95% of its code, more than twice the figure the company reported earlier in the […]
Ethereum (ETH) has stolen the show in the past few days, posting impressive gains and outperforming the market leader and many of the larger-cap alts. One of the reasons behind this notable rally that drove it to a multi-week peak could be ongoing accumulation by major players, including BitMEX’s co-founder, Arthur Hayes. Hayes Buys ETH […]
Discussion surrounding cryptocurrencies across X, Reddit, Telegram, and other social platforms has dropped to its second-lowest daily level since October 2024. This comes even as Bitcoin continues trading around the mid-$60,000 range. According to the latest findings by Santiment, while the lack of conversation may appear bearish at first glance, it also reflects weak retail […]
ETH tapped a six-week high of $1,940 in late trading on Wednesday and has held on to those gains into Thursday morning, where it remained above $1,900. CryptoQuant analyst ‘Darkfost’ said on Thursday that the move was driven by positive inflation reports in the US, with CPI and PPI figures that came in well below […]
Coinbase CEO Brian Armstrong sparked debate over Bitcoin’s direction on July 14 after asking X users whether the OG cryptocurrency has already reached its market bottom. The poll quickly drew thousands of votes and a wave of comments, with the community split almost evenly between the yays and the nays. Poll Splits Crypto X Down […]
This week’s Bitfinex Alpha report has revealed that bitcoin usually has a five-to-six-month bear market window where it trades below the Short-term Holder Realized Price. The fifth and sixth months mark the final phase of the period, after which the asset experiences a broader recovery. July marks the fifth month in this bear phase window, […]
Corporate treasury demand remains one of Bitcoin’s most important structural sources of support, but experts suggest that the market is no longer treating it as a permanent, price-insensitive floor. Instead of focusing solely on how much BTC companies hold, QCP Capital stated that investors are increasingly evaluating whether the funding conditions behind those holdings can […]