Bitcoin Positioning Index climbed to 40.1, while its 30-day simple moving average (SMA-30d) rose to 4.5, which represents a four-month high. At the same time, the 30-day change in open interest (OI) increased by 14.5%, one of the strongest readings recorded over the past 120 days. Both indicators suggest rising risk-taking behavior, as market participants […]
Cybersecurity firm Kaspersky has identified 26 fraudulent cryptocurrency wallet applications on Apple’s App Store that are designed to steal users’ digital assets. The company’s Threat Research team found that the apps imitate popular crypto wallets, such as MetaMask, Ledger, Trust Wallet, Coinbase, TokenPocket, imToken, and Bitpie, by copying their names and visual branding to appear […]
On Tuesday, Kevin Warsh, Donald Trump’s choice to replace Federal Reserve Chair Jerome Powell, testified before the Senate Banking Committee. He promised to be independent from the White House but did not promise to cut rates right away, leaving market watchers to try and figure out what a Warsh-led Fed would mean for liquidity and […]
Tensions in the Middle East have cooled after US President Donald Trump revealed that the ceasefire with Iran has been extended. According to the American leader, the government of Iran is “seriously fractured,” while Pakistan has requested a hold on the attacks until such time as their officials can come up with “a unified proposal.” […]
The Attorney General for New York filed a lawsuit against the prediction market arms of Coinbase and Gemini on Tuesday. The claim is that these platforms violate state laws against illegal gambling. According to the petitions filed in the state court in Manhattan, Attorney General Letitia James argues that both Gemini and Coinbase have not […]
There have been hundreds of Bitcoin obituaries. Here are 3 reasons why this XRP obituary will age just as poorly. Earlier this month, an article appeared sowing doubt about XRP’s price on the popular investing website, The Motley Fool. But XRP holders and altcoin investors may not have to worry based on what the article […]
Ethereum is trading around $ 2,350 and is at a pivotal moment that will likely define its trajectory in the weeks ahead. The asset has spent the better part of April building a case for a genuine bullish reversal, and while that is not yet closed, the evidence on multiple timeframes is quietly accumulating in […]
While Bitcoin presses against recent months’ highs and Ethereum builds a case for a bullish breakout, XRP continues to tell a different story. Trading around $1.44, the altcoin has largely failed to participate in the broader market recovery. This divergence has become one of the defining characteristics of this correction cycle and shows little sign […]
The largest meme coin by market capitalization has rebounded 4% over the past week, with some analysts expecting the uptrend to continue in the short term. Some key on-chain metrics support the bullish outlook, yet traders and investors should tread lightly, as market conditions remain unstable due to ongoing geopolitical tensions and other factors. How […]
Prediction markets platform Polymarket is in discussions with investors to raise $400 million in fresh funding, which could place its valuation at around $15 billion, according to a report by The Information. The move comes shortly after competitor Kalshi completed a $1 billion funding round that put the company at about $22 billion. The new […]