Around 20,500 Bitcoin options contracts will expire on Friday, May 22, with a notional value of roughly $1.5 billion. This event is smaller than usual, so it is unlikely to have any impact on spot markets. Crypto markets have been in decline all week, with around $50 billion leaving the space as Bitcoin continues to […]
Syndicate Labs, an on-chain development startup backed by Andreessen Horowitz, announced that it is winding down operations after five years of building infrastructure for on-chain developers. It cited major shifts in the rollup market as the primary reason behind the decision. EVM Rollups No Longer the Standard In a statement on X, Syndicate Labs said […]
Bitcoin has hit resistance at its 200-day moving average and is showing signs of a trend reversal, according to CryptoQuant on Wednesday. The move closely mirrors a March 2022 pattern where a 43% rally stalled at the same level before prices declined further. “Overall, Bitcoin demand has flipped into contraction,” the analyst wrote. The platform’s […]
Pi Network’s native token has halted the price free-falls at least for now, posting a 3-4% daily increase that pushed it to well over the psychological level of $0.15. This rebound coincided with the overall altcoin rebound from several alts, as well as bullish news from OKX affecting the US market. PI Bounces From Local […]
Earlier today, hackers gained access to GitHub’s internal repositories by exploiting an employee’s computer with the use of a tainted VS Code extension. Following the incident, reports emerged that a threat actor using the alias TeamPCP was now allegedly selling what they claim is roughly 4,000 of GitHub’s private repositories on a cybercriminal forum, with […]
The world’s largest crypto exchange by total users, trading volume, and other metrics will perform a wallet maintenance today, May 21. The procedure will halt some important functions, yet it is projected to be wrapped up in short order. Prepare for Disruption The upgrade is scheduled for May 21, and to support the process, Binance […]
CNBC has published its updated list for the top 50 disruptor companies for 2026, and there’s only one blockchain- or crypto-related firm in it – Ripple. The entity behind XRP was described as ‘new money,’ and it’s positioned as the 16th most disruptive company. Ripple Makes the List It’s worth noting that this is far […]
The leading US-based cryptocurrency exchange warned its users that they may experience certain disruptions this weekend. The company has recently drawn significant attention after cutting staff and introducing a series of platform adjustments and other developments. Attention This Saturday Coinbase has scheduled a system upgrade for Saturday (May 23), which is estimated to last approximately […]
ETH trader sentiment just reached its most bearish level since the 2023 bear market, reported CryptoQuant analyst ‘Darkfost’ on Tuesday. The metric has been measured using the Binance taker buy/sell ratio, which has fallen back to levels not seen since September 2023, when ETH had fallen to $1,600. “This highlights how much trader sentiment toward Ethereum […]
The latest highly anticipated protocol update for Pi Network has not gone live yet, even though the official deadline set by the team expired days ago. In the meantime, the native digital asset tried to rebound yesterday, but it was halted in its tracks and is down below another key support level. Pi Update Goes […]