International Criminal Police Organization (Interpol) has formally designated crypto-enabled fraud as a global criminal threat, following the adoption of a new resolution at its General Assembly, which aims to tackle the rapid expansion of transnational scam centres implicated in large-scale fraud, human trafficking, and severe abuse. According to the organization, these criminal hubs often lure […]
Bitcoin’s price staged a notable recovery of around ten grand in the past week or so, surging from a multi-month low of under $81,000 to over $93,000 on Friday, where it was stopped and pushed to around $91,000. On the question of what type of investors might be behind this increase, on-chain data suggests that […]
Bitcoin (BTC) is showing tentative signs of stabilization after a turbulent month, with a massive $8 billion evaporation from futures markets signaling a painful but necessary cleansing of excessive speculation. This dramatic leverage reset, combined with steady accumulation by larger investors, suggests the foundation for a potential recovery is being laid, even as prices tread […]
One of the largest cryptocurrency-focused companies, CoinShares, said on Friday that it has withdrawn all of its applications to launch spot crypto ETFs in the United States, including filings for XRP and SOL. At the same time, the demand for both large-cap altcoins on Wall Street has been rather impressive, with the cumulative total inflows […]
MegaETH announced that it will return all funds deposited into its Pre-Deposit Bridge. The Ethereum Layer 2 scaling solution reversed a pre-launch campaign intended to preload collateral for USDm, the native stablecoin of the network’s upcoming Frontier mainnet. The team said the execution of the event “was sloppy,” while noting that user expectations around an […]
Around 147,000 Bitcoin options contracts will expire on Friday, Nov. 28, and they have a notional value of roughly $13.4 billion. This expiry event is larger than usual because it is the end of the month, so there may be some impact on spot markets, which have been mostly struggling to recover from this month’s […]
Ethereum co-founder Vitalik Buterin said end-to-end encrypted messaging is essential for protecting digital privacy, identifying permissionless account creation and metadata privacy as the next major priorities for the sector. He pointed to Session and SimpleX as two projects working on these areas and disclosed that he has donated 128 ETH to each of them. Major […]
Whales are increasingly favoring long positions over retail traders in Ethereum (ETH) and Cardano (ADA), Alphractal found after gauging the Whale vs Retail Delta, a metric that measures net leveraged positioning between large and small investors. A positive delta indicates that whales are aggressively buying and leaning into longs, while a negative delta typically reflects […]
The Nasdaq International Securities Exchange filed with the SEC on Wednesday to quadruple position limits for options on BlackRock’s spot Bitcoin exchange-traded fund (IBIT). The exchange is raising the options limit fourfold, from 250,000 contracts to 1 million contracts. Crypto industry author Adam Livingston called it “incredibly bullish news” for Bitcoin, adding: “This is the transition […]
Altcoins are back in the doldrums with most of this year’s gains being wiped out in a brutal November that saw more than a trillion dollars exit crypto markets. Analysts have been looking at the TOTAL3, or total market capitalization without Bitcoin and stablecoins, for signs of capital rotation. ‘Stockmoney Lizards’ said that altcoins feel dead, […]