The US Senate Agriculture Committee is holding its first markup hearing on crypto market structure legislation, giving lawmakers a chance to debate and vote on changes and possibly advance the actual legislation. ND (11:30 a.m. ET): After less than an hour of debate and just a handful of amendments, the Senate Agriculture Committee voted to […]
Senate Agriculture Committee Advances Crypto Market Structure Bill Read More »
Pudgy Penguins is emerging as one of the strongest NFT-native brands in this cycle, transitioning from speculative “digital luxury goods” to a multi-vertical consumer IP platform. Its strategy is to first acquire users through mainstream channels; toys, retail partnerships, and viral media, then embed them into Web3 through games, NFTs, and the PENGU token. The
Bulls lose $70 million as Ripple-linked token falls 7% Read More »
Bitcoin Price Today: Drops to $83,000 as Heavy Liquidations, Fed Uncertainty Weigh
Bitcoin Price Today: Drops to $83,000 as Heavy Liquidations, Fed Uncertainty Weigh Read More »
The crypto market’s close ties to traditional markets were laid bare on Friday as a sharp slide in metal prices jolted millions into leveraged bets on blockchain versions of gold, silver and copper. Three-month copper futures on the London Metal Exchange (LME) fell nearly 4% from Thursday’s peak above $14,500 a barrel. ton, falling closer
Gold, Silver, Copper Profits Trigger $120 Million Relaxation in Tokenized Metals Read More »
Top cryptocurrency exchange Binance announced Friday that it will switch the stablecoin in its $1 billion emergency fund to bitcoin over the next 30 days. The move targets the Secure asset Fund for Users (SAFU), which is a security fund created to protect users from losses due to unforeseen events such as hacks. The exchange
Binance to move $1 billion user protection fund to bitcoin mid-market Read More »
On Thursday, President Donald Trump said he will announce his pick for U.S. central bank chief to replace incumbent Jerome Powell after the latter’s term ends in May. While nothing has been confirmed yet, reports suggest the Trump administration is preparing to nominate Kevin Warsh, who served on the Federal Reserve Board of Governors from
Here’s why Fed challenger Kevin Warsh is seen as bearish on bitcoin Read More »
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 »
