Bitcoin’s volatility spiked during Thursday’s massive selloff as traders rushed for downside protection. Deribit’s bitcoin volatility index, known as DVOL, jumped sharply, rising from around 37 to over 44. DVOL is crypto’s closest equivalent to Wall Street’s VIX, a fear gauge that tracks how much price movement traders expect over the next 30 days based […]
BTC options flash worrisome signs as traders eye $70,000 Read More »
The crypto market unraveled sharply over the past 24 hours, sparking $1.68 billion in liquidations as leveraged bets were wiped out across major exchanges, according to CoinGlass data. Some 267,370 traders were forced out of positions, with longs accounting for an overwhelming $1.56 billion, or nearly 93% of total liquidations. Shorts totaled just $118 million,
BTC moves end up liquidating $1.7 billion in bullish crypto bets Read More »
Crypto escrow firm Copper is in early talks about a public listing, according to three people with knowledge of the matter. Goldman Sachs, Citi and Deutsche Bank are among the investment banks potentially involved, according to a source. The decision to pursue an IPO will depend on the company’s near-term revenue performance, said another person,
Some key Ethereum members, including co-founder Vitalik Buterin, are reviving one of the network’s oldest and most symbolic chapters: the DAO (decentralized autonomous organization). More than 70,500 Ether ETH$2,961.90 that has sat untouched since the 2016 DAO hack — long considered Ethereum’s defining existential crisis — will be redeployed to a roughly $220 million Ethereum
Ethereum OGs revive DAO with $220 million security fund, Unchained reports Read More »
Bitcoins BTC$88,336.23 The price continued to retreat late Thursday evening in the US, falling to as low as $81,000 before bouncing to the current $82,000. The world’s largest cryptocurrency has now lost nearly $10,000 over the past 24 hours of trading. More than $777 million in crypto longs were liquidated in the past hour, with
BTC hits fresh 2026 low as today’s dip continues Read More »
About a year ago, we published an open letter outlining practical, achievable steps an incoming administration could take to make the US the crypto capital of the world, reflecting the positions of the cryptolaw bar. The goal was not to promote crypto as an ideology, but to convey advocates’ perspective on how thoughtful regulatory policy
Grading America’s progress towards becoming the crypto capital of the world Read More »
Bitcoins BTC$84,034.42 quickly falling back to $84,000 during the US morning hours. Thursday came along with equally rapid declines in stocks and precious metals. But while stocks, gold and silver have since bounced back from their worst levels, crypto is still near its session lows with BTC, Ether ETH$2,806.01XRP XRP$1.8010and solana SUN$117.61 all down 5%-7%
BTC could retest April’s tariff tantrum low below $80,000 Read More »
SEC Chairman Paul Atkins said “the time has come” for pension plans, including 401(k)s, to include cryptocurrency, while CFTC Chairman Michael Selig predicted that digital assets will “boom” once Congress finalizes rules for US market structures. The comments in a CNBC interview were made as Senate Agriculture Committee lawmakers began marking up a draft crypto
Amid broad traditional market declines, crypto was once again the standout underperformer on Thursday. Modest declines in crypto overnight turned into a major rout in the morning in the US, as the Nasdaq fell more than 2% and gold tumbled nearly 10% from an overnight record. But while both of these markets managed significant afternoon
$70,000 could be in play for BTC, analysts say Read More »
Amid broad traditional market declines, crypto was once again the standout underperformer on Thursday. Modest declines in crypto overnight turned into a major rout in the morning in the US, as the Nasdaq fell more than 2% and gold tumbled nearly 10% from an overnight record. But while both of these markets managed significant afternoon
$70,000 could be in play for BTC, analysts say Read More »
