On June 2, Strategy announced that it plans to offer an IPO of “10% Series A Perpetual Stride Preferred Stock” at $100 per share under the ticker STRD. It intends to use the net proceeds from the offering for “general corporate purposes, including the acquisition of Bitcoin and for working capital,” it stated. The firm […]
“Now is a bad time to take paper bets on BTC,” said technical analyst Willy Woo on June 2. He said it was “open season on liquidation hunts due to high levels of betting,” before adding that Bitcoin was “waiting to purge the bets before the next swing of all-time-highs.” Paper bets are generally crypto […]
Ethereum has led digital asset inflows over the past week, marking its strongest run since early 2024. With $321 million in inflows in the past seven days, Ethereum extended its winning streak to six consecutive weeks. This brings the total for this timeframe to $1.19 billion, the most since December 2024, which reflected “a decisive […]
Binance founder Changpeng Zhao, better known as CZ, has floated the idea of a decentralized exchange (DEX) where order books and user positions are hidden to mitigate front-running and liquidation risks. The call comes amid renewed attention to Maximal Extractable Value (MEV), the practice of manipulating transaction ordering for profit. The Dark Pool Argument In […]
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Funnull Technology Inc., a technology firm headquartered in the Philippines, and its administrator, Liu Lizhi. The company has been implicated in running a “pig butchering” scam. $200M Scam Uncovered According to the official press release, Funnull has stolen over $200 million from […]
Bitcoin has faced notable selling pressure at the $111K range, leading to a bearish rejection. Nevertheless, the price lacks sufficient bullish momentum and a deeper correction seems plausible in the mid-term. Technical Analysis The Daily Chart Following its breakout above the previous all-time high at $109K and printing a new peak at $111K, Bitcoin met […]
Following a brief wave of optimism in early 2024, the NFT lending market has drastically slowed. As of May 21, 2025, loan volumes have dwindled to just over $50 million – a steep 83% drop since January and a staggering 97% from the January 2024 high. At its peak, activity surged with platforms like Blur’s […]
Bitcoin’s record-breaking rally to an all-time high of $112,000 on May 22nd has ushered in a wave of heightened investor expectations. The surge, catalyzed by a sudden bullish breakout following the White House’s decision to delay 50% tariffs on EU goods, has since been tempered by geopolitical uncertainty and clear signs of market overexuberance. Social […]
Ether’s price has been struggling to break above the $2,750 resistance level, despite rising by over 44% this month. Now, several evidence point to the altcoin’s struggles throughout the 2023-25 cycle, which revealed both volatility and capital flow patterns that contrast sharply with prior cycles and competitor assets like Bitcoin and Solana. Ethereum Faces Significant […]
Perhaps driven by the latest escalation of tensions between the US and China, bitcoin’s price has tumbled over the past 12 hours to a multi-week low of $103,000. The altcoins have it even worse, with massive price drops from the likes of SUI, LINK, DOGE, SOL, ADA, and more. CRO has defied the market-wide trend […]