Around 149,000 Bitcoin options contracts will expire on Friday, July 31, with a notional value of roughly $9.57 billion. This expiry is much larger than usual events, being the end of the month, so it may induce spot market volatility. Crypto markets have retreated slightly this week, with around $25 billion leaving the space following […]
Aave is deprecating 50 low-adoption asset reserves across its lending markets and winding down its deployments on six blockchains. In a July 30 post on X, founder Stani Kulechov noted that the move touches $98.1 million in supply and $15.6 million in debt and comes wrapped in two new internal rulebooks meant to keep the […]
South Korean authorities have uncovered a cryptocurrency fraud case that exploited interest in a newly launched blockchain token. The operation targeted XRP holders through a fake investment platform that disappeared after collecting millions of dollars in digital assets. Authorities launched their investigation after an overseas cryptocurrency exchange flagged suspicious transactions. Within three days of receiving […]
Bitcoin (BTC) could climb to between $380,000 and $450,000 from March 2028, according to crypto analyst Sykodelic, whose latest market outlook has sparked a heated debate on X over whether the current bear market is actually a mid-cycle correction. The forecast stands out because it argues that BTC has not yet completed its broader bull […]
The crypto market is once again filled with speculation over whether Bitcoin has reached its cycle bottom. Recent exchange shutdowns have been fueling a popular narrative that such failures are a sign of a market turning point. Crypto analyst Joao Wedson, however, said the data does not support that conclusion. Debunking Popular BTC Bottom Theory […]
The investment banking giant has begun trading for the Morgan Stanley Ethereum Trust (MSSE) and the Morgan Stanley Solana Trust (MSOL) on NYSE Arca on July 28. Both funds are priced at a 0.14% expense ratio, which undercuts every rival ETH and SOL product on the US market, as CryptoPotato covered the amended filings that […]
Bitmine chairman Tom Lee said on CNBC on Monday that crypto is recovering because it is being embraced outside the United States. Europe, Japan, and Russia are passing CLARITY Act-like bills to regulate the industry, which has spurred market momentum, he said. Lee believes when this happens in the US, it will supercharge the market, […]
Pseudonymous trader CrediBULL Crypto is calling for Ethereum (ETH) to reach $20,000 or higher, repeating a target he first laid out three weeks ago when the token was trading near $1,500. According to him, Ethereum is finishing a multi-year base against Bitcoin (BTC) and is about to enter its first bull run since 2017. The […]
Bitcoin’s Monday rally that drove it to $65,600 on a couple of occasions has come to a screeching halt, as the asset has not only erased all gains but plummeted even more to a ten-day low. Most altcoins have followed suit, which has skyrocketed the daily liquidations to approximately $700 million. BTCUSD July 28. Source: […]
Crypto markets have ticked up this Monday morning as investors brace for a volatile week ahead, with all eyes on the US central bank. Meanwhile, Iran said it will halt its attacks as long as the United States does the same, a senior Iranian official told Reuters on Sunday. The US paused its bombing campaign on […]