The derivatives market for Ethereum (ETH) on Binance hit a new extreme on December 19, when leverage tied to ETH positions climbed to its highest level ever recorded. The move shows traders leaning heavily into borrowed positions at a time when Ethereum’s price remains fragile, raising the stakes for both sharp rebounds and sudden pullbacks. […]
Coinbase has filed lawsuits against Illinois, Michigan, and Connecticut, while challenging state efforts to regulate prediction markets and asking federal courts to clarify who has oversight authority. In its filings, the crypto exchange is seeking declaratory and injunctive relief, arguing that prediction markets fall under the exclusive jurisdiction of the Commodity Futures Trading Commission (CFTC) […]
Bitcoin’s price continues to consolidate just below the $90K mark after weeks of selling pressure. Buyers are trying to hold the mid-range, but momentum remains weak across higher timeframes. The current PA (price action) shows signs of temporary relief, but the broader sentiment points to continued caution from institutional players. Bitcoin Price Analysis: Technicals By […]
Crypto exchanges are the most popular platforms in the industry, serving millions of users worldwide. More often than not, these trading apps are the first point of entry for new users exploring the crypto space. They make it easy for users to engage with digital assets by offering a range of services. However, users are […]
Around 31,000 Bitcoin options contracts will expire on Friday, Dec. 19, and they have a notional value of roughly $2.7 billion. This expiry event is smaller than average, so it will not impact spot markets, which have been sliding lower all week. Various factors have contributed to the continued sell-off, including another Chinese Bitcoin mining crackdown, […]
Pi Network’s team has been quite active lately, introducing interesting initiatives for the community and rolling out important updates. However, the price of its native token hasn’t managed to stage a decisive breakout and remains in red territory on both the weekly and monthly timeframes. One key factor, though, hints that a surge could be […]
Coinbase’s ‘Everything app’ has officially launched, bringing social features, trading, payments, and earning tools into a single platform. The cryptocurrency exchange has also confirmed plans to introduce stock trading and prediction markets on the platform. Tokenized Social and Trading Platform First announced in July, the Base app was positioned as a rebrand of Coinbase Wallet, […]
Privacy coins are having a moment in the sun amid tightening KYC regulations and a renewed interest in on-chain anonymity. As one of the true OGs of the privacy space, Dash is very much in the mix, backed by a decade of real-world focus on instant, low-cost, private payments. To unpack what’s driving the rally, […]
Caroline Ellison, the former chief executive of Alameda Research and a central figure in the downfall of Sam Bankman-Fried’s crypto empire, has been quietly moved out of a federal prison facility after serving roughly 11 months of a two-year sentence. The 31-year-old was transferred on October 16 from the low-security Federal Correctional Institution in Danbury, […]
Bitcoin (BTC) is showing clear signs of entering an increased risk-off phase as market structure indicators shift into bearish territory. According to analyst Axel Adler Jr., both the Structure Shift composite indicator and the Bull-Bear Index point to growing downward pressure, particularly in the derivatives market. Risk-Off Signals Flash Red The Structure Shift signal, which […]