Bitcoin BTC$84,583.15 has fallen sharply, falling more than 25% to $83,700 this month, and data suggests some traders are bracing for further decline. According to blockchain analytics firm Glassnode, traders have been heavily buying short-term BTC puts at the $75,000 strike price on Deribit since the Bitcoin spot price fell below $94,000 earlier this week. […]
Traders prepare for a crash to $75,000 Read More »
One of the crypto industry’s longtime Republican allies in Congress has introduced a bill allowing individuals and businesses to pay their taxes in bitcoin. BTC$83,817.89 without triggering capital gains liability and also directing funds to the US Strategic Bitcoin Reserve – providing a new funding mechanism for the federal crypto stockpile that has not yet
Ohio Congressman Introduces Bill to Allow Federal Taxes to Be Paid in Bitcoin Read More »
PCI$4.3474 extended its decline over the past 24 hours, trading near $4.369 after a strong break below long-held support at $4.33. This drop follows one of the largest intraday declines in recent sessions, with the price falling from $4.97 to $4.30 in a rapid, technical cascade, according to CoinDesk Research’s technical analysis data model. Activity
ICP extends slide as heavy volume confirms breakdown below support Read More »
Grayscale’s two new crypto exchange-traded funds (ETFs) will go live on NYSE Arca on Monday, providing U.S. investors with streamlined access to DOGE$0.1408 and XRP for the first time on regulated public markets. The Grayscale Dogecoin Trust ETF (GDOG) and the Grayscale XRP Trust ETF (GXRP) are each structured as spot ETPs that hold their
Grayscale’s DOGE and XRP ETFs go live on the NYSE on Monday Read More »
BitMine Immersion (BMNR), the largest Ethereum-focused digital asset treasury (DAT) company led by Wall Street veteran Thomas Lee, is sitting on large unrealized losses on its big ether bet. ETH$2,724.28. The company on Friday reported net income of $328 million for its fiscal year ended Aug. 31, while fully diluted earnings per share came in
Tom Lee’s BMNR sitting on major losses Read More »
HBAR fell 11.5% on Tuesday as intense institutional selling overwhelmed the market, sending the token from $0.1426 to $0.1281. A massive selling wave of 250.3 million units at 0700 GMT, nearly double the 24-hour average, erased key support at $0.1350 and triggered a cascade of stop-loss triggers. The failure occurred despite the network’s continued development
HBAR crashes 11.5%, falling below key support levels Read More »
Earlier this year at Bitcoin Asia in Hong Kong, there was a growing sense of frustration with digital asset treasury (DAT) companies and how they are lagging behind in performance compared to the assets they fill their coffers with. “Just buy an ETF,” is how Matt Cole, CEO of Strive Asset Management, put it during
Bybit Advances Regulatory Dialogue on Argentina Regulatory Day 2025, Highlighting Crypto’s Role in Financial Inclusion
As Strategy’s (MSTR) stock price continues to decline, Executive Chairman Michael Saylor felt compelled to address growing investor concerns for the second time in two weeks. Last Friday, Saylor dismissed rumors that the company was selling Bitcoin, saying there was “no truth to that rumor.” Meanwhile, on Thursday, market nerves were hit again after JPMorgan
MSTR Executive Chairman Speaks Out Again as Concerns Over MSCI Rise Read More »
Sports merchandise merchant Fanatics is getting into the prediction markets business through a partnership with Crypto.com, CEO Michael Rubin said in an interview with CNBC on Thursday. The new platform is expected to launch “in the next couple of weeks,” Rubin added, although he did not provide further details on what the product will look
Fanatics Enters Prediction Markets via Crypto.com Partnership Read More »
