Ripple’s cross-border token has enjoyed robust institutional demand, standing in stark contrast to spot BTC and ETH ETFs, which have been suffering heavy outflows lately. However, that trend appears to have reversed over the past few days, putting XRP at risk of falling below the psychological $1 barrier. First Time Since March It was last […]
Around 31,000 Bitcoin options contracts will expire on Friday, July 3, with a notional value of roughly $1.9 billion. This event is much smaller than last week’s big end-of-quarter expiry, so there is unlikely to be any impact on spot markets. Crypto markets have been flat for most of this week but picked up on […]
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum managed to bounce off support at $1,500 and recovered last week’s losses. This is also why it closed the week with an impressive 10% rally, as buyers regained control of price action. To be confident in a sustained […]
Michael Saylor’s Strategy has long served as the dominant corporate force behind Bitcoin buying, but that may be changing. Bitwise Chief Investment Officer Matt Hougan believes that the company will play a much smaller role in driving the crypto asset’s demand in the next market cycle. Next Wave of BTC Buyers In his latest market […]
The cryptocurrency market has staged an evident rebound over the past 24 hours, with Bitcoin (BTC) rising by 4% and Solana (SOL) surging by 9%. MemeCore (M), though, has outperformed all top 100 digital assets by skyrocketing 80% in a single day. Following the rally, it has become the third-biggest meme coin and could soon […]
1,700 UK investors have launched a group lawsuit in London’s High Court against Binance and founder Changpeng Zhao. The claimants say the pair sold risky crypto derivatives products to retail investors without authorization. UK Investors Demand $200M from Binance The plaintiffs allege that between around late 2019 and 2020, Binance offered products such as leveraged […]
Ethereum Institutional was announced on Wednesday as a new independent non-profit to serve as a neutral front door for institutions navigating Ethereum, its layer-2s, tokenization, stablecoins, and on-chain markets. The new organization has been founded by the former Ethereum Foundation Enterprise team, David Walsh, Matthew Dawson, and Marius Smith, with funding coming from Bitmine, Sharplink, […]
The second-largest cryptocurrency has been severely damaged by the prolonged bear market, closing Q2 firmly in the red. Even more striking is that this marks the third consecutive quarter of losses for ETH – something unseen in the asset’s history and a clear signal of how persistent the current downturn has become. Analysts speculate that […]
Open USD (OUSD) stablecoin has emerged as one of the crypto market’s biggest trending topics after the project drew attention with the announcement of a consortium-backed stablecoin initiative involving more than 140 companies. Developed by Open Standard, the stablecoin is expected to go live later this year. Open USD Frenzy According to the latest findings […]
A dispute over Bitcoin’s proposed BIP-110 soft fork has intensified after critics argued that the upgrade could break certain wallets and leave some users with permanently unspendable BTC if it activates. This is according to crypto investment advisor Farside Investors, who were challenging claims made by BIP-110 supporter Fred Krueger in a June 28 post […]