Key takeaways: Ether derivatives metrics flip to a heavily bearish bias as cascading liquidations cut off a relief bounce. A critical ZCash bug discovered by AI triggers widespread fears of contagion, driving a contraction …
Hits
- Bitcoin & Ethereum
HYPE Hits New All-Time High as BTC, ETH, and XRP Rebound: Weekend Watch
by adminby adminThe other massive gainers today include NEAR, WLD, MORPHO, and ONDO. After losing roughly $8,000 in just over a week, bitcoin’s price finally rebounded in the past day after more promising developments on the …
- Blockchain Research
Petition Against South Korea’s 22% Crypto Tax Hits 50K Threshold
by adminby adminA petition to scrap a 22% tax on crypto investment gains in South Korea reached the 50,000-signature threshold required for the country’s Finance and Economic Planning Committee to review objections to the new tax …
- Crypto Education
Elon Musk’s Fight With Colorado Over AI Law Hits Pause as State Considers Revisions
by adminby adminIn brief xAI and Colorado jointly moved to pause the lawsuit over SB24-205. Enforcement of Colorado’s AI law is on hold while lawmakers consider amendments. The case could resume if revisions fail to address …
STRC now accounts for about 90% of MSTR’s daily trading volume, a huge uptick from the 10% from five months ago. Strategy’s STRC perpetual preferred stock recorded $1.1 billion in daily trading volume on …
- Altcoin Highlights
Bitcoin Hits ‘Deep Value’ as RSI Plummets to 23: Is the High-Conviction Bottom In?
by adminby adminBitcoin experienced a severe technical dislocation this week, with the Relative Strength Index (RSI) crashing to 23.3: its lowest level since August 2023. This rare breach of the 200-day Simple Moving Average (SMA) pushed …
UNI surged 40% in minutes after Uniswap enabled trading for BlackRock’s tokenized BUIDL fund via UniswapX integration. Uniswap’s UNI token jumped about 40% within half an hour, after Uniswap Labs announced that BlackRock’s tokenized …
US Treasury Hits Over 50 Firms and Vessels in Iran Shadow Banking Crackdown
The US Treasury sanctioned more than 50 companies, vessels, and individuals tied to Iran’s shadow banking and oil networks this week, escalating the Trump administration’s Economic Fury campaign against Tehran’s financial workarounds. The Office …
Bitcoin hits a wall – the chart just challenged the $88,000 bull case
Just yesterday, CoinDesk reported that despite lingering war risks, analysts foresee bitcoin rallying to $88,000 and higher on the back of several crypto-specific factors, including bullish market flows. But now, some 16 hours later, …
Bitcoin Hits Year-To-Date Low Amid Heavy Outflows, Signs Of Spot Buying Emerge
Bitcoin slid to a year-to-date low of $74,500 on Monday, a move that wiped roughly 38% off its peak. Markets reacted sharply, and traders felt the pinch as flows out of big funds accelerated. …