Key takeaways: If Ether price hits $4,350, over $1 billion in short (bearish) positions face liquidation risk. BitMine Immersion expanded holdings to $10.6 billion, targeting 5% of the total Ether supply. Ether ETFs saw $547 […]
Key takeaways: SOL retail leveraged longs who entered Monday’s range high were partially flushed out on today’s sell-off to $205. Despite the brief downturn, institutional investor-sized entities bought the SOL price dip. The risk of […]
Key takeaways: Heightened Bitcoin put option premiums signal cautious trader sentiment. US job openings near five-year lows, increasing recession fears and potential economic slowdown risks. $518 million flowed into Bitcoin ETFs on Monday, while public […]
Blockchain oracle provider Chainlink announced one of the first products from a pilot with UBS Asset Management and Swift, the global financial messaging network, designed to let banks trigger onchain transactions using their existing infrastructure. […]
Uptober is just one day away, and optimism is running high for Bitcoin (BTC) and the broader crypto market. As the industry enters the tenth month of the year, the alignment of 10 key internal, […]
In brief OpenAI’s new Sora 2 video model generates synchronized dialogue and sound effects, while an iOS app lets users insert themselves into AI videos through “cameos.” OpenAI compared the release to a “GPT-3.5 moment […]
Key points: Bitcoin needs to break through $115,000 to confirm upside continuation. Concerns around the CME futures gap still see a retreat to $110,000 coming first. Gold hits fresh record highs, but now, traders think […]
Key takeaways: Bitcoin aims to close September with a 4.50% gain, a setup that historically precedes strong Q4 rallies. Onchain data shows spot demand strengthening, led by US investors. Bitcoin (BTC) is on track to […]
Adrienne Harris, the superintendent at the New York Department of Financial Services (NYDFS), announced updates to the department’s guidance should a crypto company become insolvent, following the announcement that she will step down from the […]
Global payments cooperative Swift announced the launch of a blockchain-based shared ledger with more than 30 global banks and Consensys, aiming to deliver instant, 24/7 cross-border transactions. The ledger will use smart contracts, programs that […]
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