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DEX Trader Holds $1 Million EUR/USD Bullish Bet for 400 Days

The term “HODLing,” crypto slang for purchasing and holding an asset for a long period of time, has historically been associated almost exclusively with bitcoin. BTC$62,818.33 and ether (ETH). A trader has now applied the same long-term approach to perpetual futures contracts linked to the Euro-Dollar (EUR/USD) pair listed on the decentralized exchange (DEX) Ostium,

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Bitcoin and ether exchange supplies have hit all-time lows, but a rally is not guaranteed (

“The underappreciated aspect is that this measure documents the end of the exchange custody era,” said Ben Nadareski, CEO of Solstice. The bigger problem may not be the decline in foreign exchange balances themselves, but rather where these assets are going. “Assets are leaving trading platforms for two destinations: regulated custody on one side, productive

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“CASHCAT” Trader Turns $800 into Over $1 Million on Robinhood’s All-New Blockchain

However, the whole rests on fragile ground. CASHCAT has a market value of around $105 million compared to around $6.6 million of liquidity in its Uniswap pool, meaning it might not absorb even a fraction of the holders trying to leave at once. The token is down about 12% over 24 hours and about a

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Bitcoin ETFs fall back into outflows while Ether funds extend their streak

U.S. spot Bitcoin ETFs lost a net $85 million on Wednesday, ending a three-day inflow period that had brought in about $509 million, according to SoSoValue data. Ether ETFs raked in around $70 million on the same day, marking a fifth consecutive session of inflows. The release of Bitcoin has been broad. BlackRock’s IBIT lost

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The Bank of Japan could accelerate its rate hikes. Will this help or hinder Bitcoin?

The Bank of Japan (BOJ) could quickly raise its benchmark interest rate this year as the yen weakens, eventually pushing it above 2%. It’s the latest warning from a former Bank of Japan official, Tsutomu Watanabe, an economics professor at the University of Tokyo who left the central bank in 1999, according to Bloomberg. Currently,

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Why traders are considering this long-term breakout pattern in the Ripple-related token

• Volume during this move reached 688,000 XRP, approximately 120% above the session average, before the momentum fizzled. • Earlier selling took XRP to a session low near $1.0742 after volume reached 80.2 million, approximately 83% above the 24-hour average. Technical analysis • The key development is that XRP continues to defend the $1.00-$1.05 support

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Elon Musk’s SpaceX Moves Bitcoin for the First Time in Six Months

SpaceX (SPCX) apparently moved Bitcoin BTC$62,287.56 in his wallets early Wednesday for the first time in about six months in three transfers totaling less than $300 of his $1.16 billion holdings that signal no imminent sales. Data from Arkham Intelligence shows that the largest transfer between addresses labeled as owned by the company moved 0.00213

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Adam Back and Cantor’s BSTR to revise SPAC merger structure

Adam Back’s Bitcoin Standard Treasury Company (BSTR), the Bitcoin treasury company backed by Blockstream CEO and Bitcoin pioneer, is renegotiating the terms of its planned public listing through a merger with Cantor Equity Partners I (CEPO), with the parties abandoning the initial structure agreed to last year in an effort to better reflect current market

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