In brief Binance unveiled the “Together Initiative,” setting aside another $400 million to reimburse users affected by recent crypto liquidations. Other partners in the BNB ecosystem have added another $328 million to help affected …
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Crypto Education
Heavy deleveraging across derivatives markets drags XRP lower before buyers defend the $2.40 zone, setting up a key support retest heading into Asia trading. News Background XRP traded sharply lower through the October 14–15 …
US spot Bitcoin and Ether exchange-traded funds (ETFs) saw inflows on Tuesday as Federal Reserve Chair Jerome Powell hinted further rate cuts may come before year-end. Spot Bitcoin (BTC) ETFs saw $102.58 million in …
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Taiwanese Stablecoin Infrastructure Company OwlTing Secures Nasdaq Listing
by adminby adminIn brief OwlTing announced Tuesday it will begin trading on the Nasdaq on Thursday. The company chose a direct listing to emphasize transparency and avoid shareholder dilution. The move follows heightened global regulatory focus …
Bitcoin could reclaim its all-time high of $125,100 in the coming week, but not without one more major correction, according to veteran trader Peter Brandt. “Either a huge shakeout, which would be confirmed by …
- Crypto Education
Stablecoin Issuers Race for US Bank Charters as Stripe’s Bridge Joins the Queue
by adminby adminIn brief Bridge, Stripe’s stablecoin arm, has applied to the OCC to form a national trust bank under the GENIUS Act. The charter would place its stablecoin issuance and reserves under a unified federal …
Bitcoin price is holding near $113,000 today, about a week after reaching a new all-time high above $126,000, as the market stabilizes from one of its most violent corrections in years. The bitcoin price …
Limitless Labs CEO CJ Hetherington has shaken the crypto market again by publicly accusing Binance of demanding many project tokens and hefty deposits in exchange for a listing. The allegations, rebuttals, and heated follow-up …
Metaplanet’s valuation metric, mNAV, briefly dipped below 1.0, signaling a market discount relative to its Bitcoin assets. The mNAV is defined as (market capitalization + total liabilities) divided by the net asset value of …
Crypto Education
Exclusively obtained orderbook data reveals details about USDE crash
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The recent crash on Oct. 10 was the largest liquidation event in the crypto market’s history. More than $19 B was liquidated, according to CoinGlass data, leading to a $65 B decline in open …
