Cryptocurrency
Hyperliquid Whale Shorts Bitcoin, Is A $75K Retest Incoming
Key takeaways:A whale linked to asset manager Fasanara Capital holds a $38 million crypto short position, but will it impact Bitcoin’s price?Negative futures funding rates at Binance and Bybit point to unusual demand for bearish positioning despite BTC’s recent...
Cryptocurrency
U.S. CFTC adds New York to string of states its suing to stop prediction market pushback
The U.S. Commodity Futures Trading Commission sued New York on Friday in its latest action to shield what the agency has argued is its unassailable nationwide regulatory authority over prediction market firms.Earlier this week, New York sued Coinbase and...
Cryptocurrency
Bitcoin Is Existing Exchanges At An Alarming Rate, But How Are BTC Investors Faring In Terms Of Profit?
Bitcoin’s exchange reserves have been dwindling massively in recent days. Coins are moving off exchanges at a steady pace, removing available supply ready for purchase.
Recent on-chain data from CryptoQuant shows that Bitcoin balances on exchanges continue to decline and...
Cryptocurrency
China’s new online marketing rules tighten ban on crypto promotions
China’s new online marketing rules tighten an already sweeping crypto ban and place fresh pressure on financial influencers, echoing parallel crackdowns in Europe, Australia and the UK.
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Cryptocurrency
BTC price, U.S. dollar move in near-perfect opposition. It hasn’t been this extreme in almost 4 years.
For bitcoin BTC$78,187.18 traders, the direction of the Dollar Index (DXY), a measure of the greenback's strength against a basket of other currencies, hasn’t mattered this much in nearly four years.That’s because the 30-day correlation coefficient between the two...
Cryptocurrency
Hong Kong Signals Web3 Push as $2B Tokenized Bonds Boost Efficiency
Key Takeaways: Hong Kong positioned digital assets as part of its core infrastructure, signaling strong policy support. Financial Secretary Paul Chan said tokenization boosts efficiency and access, driving adoption. Stablecoin rules show Hong Kong advancing regulation to...
Cryptocurrency
Crypto-Aligned Fellowship PAC Bets Big on Texas Senate Race
The crypto-aligned Fellowship political action committee (PAC), led by stablecoin issuer Tether’s head of government affairs, reported spending more than $3 million on advertising related to US Senate and House races, with the majority going toward to support a...
Cryptocurrency
Retail Is Cashing Out On Ethereum, But The Selloff Is Being Absorbed. Discover Who Is Buying
Ethereum has been grinding below $2,400 for weeks, testing the patience of holders who have watched the recovery build slowly, but without the decisive breakout, the price structure seemed to be setting up. That breakout may have just arrived....
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OpenAI CEO Sam Altman “deeply sorry” for failing to alert law enforcement to Canada school shooter’s ChatGPT account
OpenAI CEO Sam Altman has apologized to members of a Canadian community where a mass...