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A crypto whale has made a $224,000 bet that XRP’s price will remain flat through June

A massive XRP derivatives play is betting the price won’t go anywhere until late June, even as macro headwinds and regulatory developments suggest a volatility boom. The move hit the tape on crypto exchange Deribit as a single-block trade, meaning it was a large transaction carried out over-the-counter in a privately negotiated deal to prevent

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Bluesky says the Kremlin is hacking his platform to spread propaganda

Ben Gilbert describes himself on Bluesky, the social media app, as an “economist, lit and guitar geek, rugby fan, over-the-top pet owner.” A professor at the Colorado School of Mines, he rarely posts, but when he does, the subjects reflect his expertise in natural resources. So it was strange when a video purporting to be

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Binance launches SpaceX pre-IPO perps amid $2 trillion valuation bets

Binance has launched perpetual futures, allowing users to trade the expected valuations of private companies before they go public. The first contract to go live is tied to SpaceX, a company expected to debut at a valuation of $2 trillion or more. “Pre-IPO Perpetual Contracts” are designed to give retailers early exposure to high-profile initial

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Bitcoins BTC$77,336.25 recovery from February’s lows, which had begun to look like another bull run, hit a wall last week at the 200-day simple moving average (SMA) located just above $82,000. Since then, prices have pulled back to $77,500 in a move reminiscent of 2022, when a 43% relief rally failed at the same indicator

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BTC price tops $77,000. Analysts weigh in on whether the jump has legs.: Crypto Daily

This is an excerpt from CoinDesk’s ‘Diary’ newsletter. Sign up here if you haven’t already. Bitcoin BTC$77,960.47 has risen above $77,000, sparking a broader market rally that has lifted both the CoinDesk 20 (CD20) and CoinDesk 80 (CD80) indexes by more than 1% since midnight UTC. Some coins, such as privacy-focused Dash and XDC Network’s

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Vitalik Buterin outlines Ethereum’s privacy measures. Here’s what it actually means

Ethereum co-founder Vitalik Buterin on Wednesday outlined short-term steps the network is taking to bring privacy to the chain, a feature institutions highlighted at Consensus Hong Kong as necessary for widespread institutional adoption of blockchain technology. Buterin’s X post was technically dense, but pointed to a simple fact: The world’s largest smart contract blockchain is

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