Analyst ‘Reflection’ warned of a brutal Bitcoin liquidation cascade below $59,000, claiming over $1.6 billion in long leverage is stacked in one zone around $58,000 based on CoinGlass data. “In all my years trading, I’ve never seen this much long-side liquidity stacked in one single zone,” they said on Wednesday. That liquidation zone is not […]
By extending its collaboration with long-term local partner SBI Group, Ripple has received approval from the Japanese Financial Services Agency (JFSA) to launch its stablecoin available in the country. The company’s Senior Vice President of Stablecoins praised the Japanese regulatory environment and called it a leader in cryptocurrency adoption. RLUSD in Japan The green light […]
The old saying – sell in May and go away – proved to be right once again for the cryptocurrency markets. It was just six weeks ago when bitcoin had evidently reclaimed the $80,000 level and even surged to a multi-month peak at almost $83,000. The sentiment was gradually improving and there were even calls […]
Nearly seven out of every 10 tokens launched on the Solana-based meme coin launchpad, Pump.fun, since January 2024, stopped trading on the same day they were created, according to a new analysis by CoinGecko. The study examined more than 18.67 million tokens launched on the platform, excluding only those that never recorded any trading activity. […]
Bitcoin network activity remains close to record highs, according to CryptoQuant’s Bitcoin Network Activity Index, even though the cryptocurrency is still trading below its all-time high. The index tracks metrics such as active addresses, transaction volumes, unspent transaction outputs (UTXOs), and demand for block space to measure actual activity on the network. Network Usage Surges […]
Strategy’s perpetual preferred stock Stretch (STRC) is under serious financial stress due to two simultaneous pressures, reported onchain analytics firm CryptoQuant on Tuesday. The Bitcoin bear market means that all BTC purchased between 2024 and 2026 is underwater, with $10.6 billion in unrealized losses, and cash reserves are depleted, down 38% since early 2026 after […]
United States President Donald Trump has signed two executive orders aimed at advancing the country’s quantum technology capabilities while preparing federal systems for emerging security threats posed by quantum computing. The orders, 14411 and 14409, were issued on June 22 and focus on separate but related strategies to strengthen America’s position in quantum science and […]
The attacker behind the exploit of Ethereum MEV bot Jaredfromsubway has moved millions of dollars through Tornado Cash, despite a public offer to return half the stolen funds in exchange for a white-hat bounty. The transfer suggests that the attacker may have little interest in negotiating, even with the bot’s operator offering rewards and claiming […]
Over the past week, bitcoin (BTC) has traded between $62,000 and $72,000. Despite bullish conditions not being fulfilled, the leading digital asset has managed to hold its floor. Analysts at the crypto exchange Bitfinex revealed in the latest Bitfinex Alpha report that the current crypto market environment is being reshaped by shifting Federal Reserve expectations […]
A new Ethereum funding proposal would allow validators to redirect up to 10% of staking rewards toward ecosystem development if a majority of validators agree to the change. The idea has reopened debate over how Ethereum should pay for public goods as concerns grow around shrinking funding sources for core development. Proposal Looking to Solve […]