Ether’s (ETH) price selloff is gathering steam amid broader market risk aversion. Still, its futures market is busier than ever, creating a notable divergence with bearish implications. ETH fell below $2,000 on Thursday morning for the first time since late March. It has fallen nearly 8% over the past seven days, with losses of over […]
ETH falls below $2,000 while futures open interest hits record high Read More »
Bitcoin falls past $73k to 6-week low after new US attacks on Iran
Bitcoin falls past $73k to 6-week low after new US attacks on Iran Read More »
BlackRock’s iShares Bitcoin Trust shed $527.84 million on Wednesday, the second-biggest one-day net outflow since the fund launched in January 2024, according to SoSoValue data. The figure missed the record by a razor-thin margin. IBIT’s biggest ever outflow remains the $528.3 million drawn on Jan. 30, which Wednesday’s drawing came within about $500,000 of matching.
BlackRock bitcoin ETF sheds $528 million, second largest daily outflow on record Read More »
XRP finally broke below the $1.30 range traders had been defending for months, and the move came with enough volume to matter. The market had already weakened below resistance near $1.35, but as support gave way, sellers pushed the price down quickly before the dip buyers entered near-session lows. News background • XRP derivatives positioning
Ripple-linked token drops 4%, so what Read More »
Oil prices rose and stocks fell on Thursday after the United States said it shot down four Iranian attack drones and carried out airstrikes against a drone control post, marking the second exchange of hostilities in three days between the two countries. A US official said the drones posed a threat to US forces in
Oil prices rise and stocks fall after US strikes on Iranian drones Read More »
A fund manager has issued a stark warning: Bitcoins BTC$72,901.60 The ongoing sell-off could deepen as upcoming US Treasury transactions are expected to drain around $150 billion of liquidity from the financial system. “In my experience, Bitcoin tends to be a better liquidity indicator than most other instruments. If Treasury settlements are a drain on
BTC may drop much lower as $150 billion treasury operation approaches Read More »
Bitcoin broke below $73,000 for the first time in months as new US attacks on Iran sent risk assets lower and triggered one of the biggest liquidation events of the year. Bitcoin BTC$72,753.98 traded at $72,978 in Asian hours on Thursday, down 3.4% over 24 hours and 6.3% over the past seven days, per CoinDesk
Bitcoin falls below $73,000 as US attacks on Iran trigger $1 billion in liquidations Read More »
SoFi has rolled out its dollar-backed stablecoin, SoFiUSD, to users of its banking app, becoming the first US national bank to offer a stablecoin directly to retail customers on a public blockchain. The company said Wednesday that nearly 15 million members will be able to buy, sell, hold and convert SoFiUSD in the SoFi app.
SoFi brings bank-issued stablecoin to 15 million users in crypto push Read More »
Authorities in Singapore have charged the former CEO of collapsed crypto lender Hodlnaut Zhu Juntao with fraud, nearly four years after the firm froze withdrawals during the collapse of the TerraUSD ecosystem. Singapore’s police force said Zhu faces six charges of fraud by false representation in a statement on Tuesday. Prosecutors allege that Zhu directed
Singapore charges former Hodlnaut CEO Zhu Juntao with Terra collapse claims Read More »
The institutional bid under bitcoin BTC$74,067.02 runs on steam. U.S. spot bitcoin ETFs have absorbed a net 4,500 BTC since the start of the year, an unusually thin number considering the products were the structural buyer driving the 2025 rally, as of Swissblock data shared on X Tuesday. March and April produced a steady accumulation
