Bitcoin (BTC) starts a key week of October with the fate of the bull market at stake — what comes next? Bitcoin stages a solid rebound from its biggest-ever liquidation cascade, reaching a high of $116,000 so far. Traders are divided over where the market will head from here — there are even doubts that the … Read more
America’s federal government has entered its third week of shutdown, leaving as many as 16 exchange-traded funds (ETF) awaiting approval should the shutdown continue into November. Most of the US government came to a standstill on Oct. 1 when the Republicans and Democrats failed to reach a funding agreement. This has caused agencies, including the … Read more
Funding rates across crypto derivatives markets plummeted to their lowest levels since the depths of the 2022 bear market, as short sellers mounted up over the weekend. The dramatic fall in funding rates was reported by onchain analytics provider Glassnode on Sunday. “This marks one of the most severe leverage resets in crypto history,” the … Read more
Total crypto market capitalization soared back over $4 trillion on Sunday, with Ether, BNB and Dogecoin posting double-digit gains after Friday’s market crash that wiped out nearly $500 billion in crypto value. The three blue-chip coins have surged 10.5%, 13.6% and 12.5% over the last day, while Solana (SOL), Cardano (ADA), and Chainlink (LINK) are … Read more
Today in crypto, US and China representatives signal easing trade tensions, Bitcoin is retesting the golden cross, a bullish pattern that preceded past parabolic rallies. Meanwhile crypto traders’ “typical rationalization” behavior by pointing to Trump’s tariffs as the reason for the market dump. US and China representatives signal easing trade tensions Representatives from the United … Read more
The USDe synthetic dollar depegged on the Binance crypto exchange due to an internal oracle issue and not because of the underlying collateral, the Ethena protocol, or the token itself, according to Guy Young, the founder of Ethena Labs, the creator of USDe. USDe minting and redeeming worked “perfectly” during Friday’s flash crash, he claimed; … Read more
Key takeaways Some altcoins, including Cosmos’s ATOM token, briefly fell near zero on Binance during Friday’s crypto market crash. The same altcoins held real market value on other centralized crypto exchanges. On Oct. 10, the cryptocurrency suffered its most severe downturn since the FTX collapse, with the total market capitalization dropping by approximately $850 billion … Read more
Key takeaways Some altcoins, including Cosmos’s ATOM token, briefly fell near zero on Binance during Friday’s crypto market crash. The same altcoins held real market value on other centralized crypto exchanges. On Oct. 10, the cryptocurrency suffered its most severe downturn since the FTX collapse, with the total market capitalization dropping by approximately $850 billion … Read more
Bitcoin is retesting the “golden cross,” a bullish technical pattern that has historically preceded rallies, according to crypto market analyst Mister Crypto. In a Sunday post on X, the analyst shared a chart noting that Bitcoin’s (BTC) previous golden crosses led to gains of 2,200% in 2017 and 1,190% in 2020. With BTC currently hovering … Read more
An onchain investigation by crypto researcher Eye has linked the mysterious Hyperliquid whale, who controls over 100,000 BTC, to Garrett Jin, the former CEO of BitForex, a now-defunct exchange embroiled in a fraud scandal. In a Saturday post on X, the onchain sleuth noted that the whale’s main wallet, ereignis.eth, was connected to another ENS … Read more