Key takeaways:Rising demand for put options and miner BTC deposits highlights growing caution among traders despite price resilience near $108,000.Analysts at Bitwise argue that deep drops in market sentiment often precede rebounds, framing the correction as a “contrarian...
James Wynn, a pseudonymous high-leverage crypto trader, was liquidated for about $4.8 million on Wednesday, according to blockchain analytics company Lookonchain.Wynn opened up $4.8 million in leveraged positions with $197,000 in stablecoins on Tuesday, Lookonchain reported. “Back with...
Crown, a São Paulo-based fintech company, has raised $8.1 million to launch a Brazilian real–denominated stablecoin designed to give institutional investors access to Brazil’s high-yield fixed-income market. The new stablecoin, called BRLV, could make it easier for global investors...
California Governor Gavin Newsom announced that the US state would establish regulatory safeguards for social media platforms and AI companion chatbots in an effort to protect children.In a Monday notice, the governor’s office said Newsom had signed several...
Crypto exchange Binance issued an update to users after several tokens on the platform apparently crashed to $0 in the wake of Friday's market meltdown, saying that the tokens did not actually crash, but showed a $0 price...
The sudden market crash on Friday, which caused some cryptocurrencies to decline by as much as 95% in under 24 hours, does not signal a long-term bearish outlook or deteriorating fundamentals, according to investment analysts at The Kobeissi...
Bitcoin plunged below $110,000 after Trump announced sweeping tariffs on China on Friday, reigniting fears of a broader trade and market sell-off. News COINTELEGRAPH IN YOUR SOCIAL FEEDUS President Donald Trump announced a 100% tariff on...
Jack Dorsey, founder of payments company Square, has urged the introduction of a de minimis tax exemption on small Bitcoin (BTC) transactions to help make the cryptocurrency more suitable for everyday payments.“We want Bitcoin to be everyday money...
The Ethereum Foundation, which oversees the development of the Ethereum network, announced the “Privacy Cluster,” a team of 47 experts across the blockchain industry tasked with bringing privacy features to the layer-1 smart contract network.Ethereum’s privacy cluster brings...
The Bank of England (BOE) appears to be softening its stance on proposed limits to corporate stablecoin holdings, with plans to introduce exemptions for certain firms that may need to maintain larger reserves of fiat-pegged assets, according to...
