Bitcoin BTC$90,470.56 options have flipped the script with a complete 180-degree shift from last year’s uber bullish bet to a sharply bearish stance. Since late last year, traders have been aggressively chasing bullish moves by piling call options at strikes of $100,000, $120,000 and $140,000 on Deribit. Until recent weeks, the $140,000 call was the […]
From $140,000 calls to $80,000 puts Read More »
Bitcoin BTC$90,470.56 is down 30% from an October high of $126,250 and down 17% in November, the joint worst month of 2025 and the weakest monthly performance since June 2022. After falling below $90,000 early Tuesday, bitcoin is now 43 days into its correction, placing it on a similar move to the April 2025 correction
BTC Correction Mirrors Fall In April As 2025 Buyers Fall In The Red Read More »
By Omkar Godbole (All times ET unless otherwise noted) Risk-off sentiment deepened in Asian trade as the price of bitcoin BTC$91,725.53 dipped briefly below $90,000 for the first time in seven months before stabilizing near $91,000, down 4.5% over 24 hours. While major alternative cryptocurrencies may suffer XRP$2,1878GDP GDP$930.70 and SOL SUN$139.93 also fell, they
Bonds Hint to Rebound: Crypto Daybook Americas Read More »
Tether has made a strategic investment in Ledn, one of the leading providers of bitcoin-backed consumer loans, in a move aimed at expanding access to credit secured by digital assets, the firm said in an emailed statement on Tuesday. The size of the investment is not disclosed. Tether declined to provide further details when contacted
Bitcoin (BTC) Backed Loans Business Lures Tether Read More »
Good morning, Asia. Here’s what’s making news in the markets: Welcome to the Asia Morning Briefing, a daily overview of top stories in US hours and an overview of market movements and analysis. For a detailed overview of US markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin’s drop below $90,000 looked like the start of a
BTC Market Stress Reveals New Crypto Order Read More »
HBAR plunged 5.9% on Monday as institutional selling overwhelmed the market and broke several support zones near the key $0.1500 level. The sharp decline accelerated at 15:00 GMT as volume surged 71% above average, triggering widespread stop-loss cascades and forcing momentum traders to liquidate positions quickly. Price action remained under strong bearish control for most
HBAR falls 6% to $0.144 as technical breakdown accelerates Read More »
Obex, a new crypto incubator, has raised $37 million to support building the next generation of dividend-generating stablecoins led by Framework Ventures, LayerZero and the Sky ecosystem, the team has told CoinDesk in an interview. The initiative aimed to invest and raise capital for projects that bring real-world asset-backed strategies onchain, bringing institutional-grade risk controls
Sky-backed Obex Raises $37M to Build ‘Y Combinator’ for Stablecoins Read More »
Revolut is partnering with Ethereum overlay system provider Polygon Labs to enable its UK and EEA customers to make crypto transfers in USDC, USDT and POL via the Polygon blockchain and the Revolut app. The European fintech giant, which serves over 65 million users across 38 countries, first started enabling stablecoin transfers over Polygon integration
Revolut recruits polygon for stablecoin transfers in the UK and EEA Read More »
Stellar drops from $0.2577 amid broad consolidation, but technical bounce from $0.248 signals buying interest remains intact.
XLM Falls 3.2% to $0.25 as Altcoin Purge Continues Read More »
Crypto exchange Kraken has raised $800 million in fresh funding, including $200 from investment from Citadel Securities, to accelerate its efforts to bring traditional financial markets onto blockchain infrastructure, the company said on Tuesday. The round was split over two tranches, with the lead led by institutional investors including Jane Street, DRW Venture Capital, HSG,
Kraken Scores $800M Raise Backed by $200M Citadel Securities Investment Read More »
