Crypto News Summaries
Bitcoin's recent $14 billion open interest drop suggests a market maturing with controlled deleveraging, not chaotic collapse. As Bitcoin tests critical support around $110,000, its near-term trajectory hangs in the balance.
Dogecoin's on-chain data reveals a hidden strength despite lackluster price action. Key indicators suggest it's undervalued with strong holder conviction, hinting at a potential recovery.
Nigel Farage champions crypto in the UK with a bold plan, including a state Bitcoin reserve and tax cuts. Will his vision to make the UK a crypto hub overcome political and regulatory hurdles?
Bitcoin's rally faced a harsh rejection at a key resistance, fueling bearish sentiment. Yet, rising stablecoin inflows hint at hidden buying power and the potential for dramatic market swings.
The Plasma Bridge, vital for BONE token transfers between Shibarium and Ethereum, relaunches with robust security upgrades. New features address past vulnerabilities and fortify defenses against exploits, ensuring a safer user experience.
Crypto giant Grayscale moved millions in Bitcoin, Ethereum, and Solana to Coinbase Prime, sparking sell-off fears. Is this a strategic hedge against market volatility or a sign of a bigger downturn to come for crypto?
Hyperliquid's HIP-3 upgrade revolutionizes decentralized trading by enabling permissionless perpetual markets. This unlocks a vast ecosystem of trading opportunities and drives value for the HYPE token through increased volume and strategic staking.
Tether has settled with bankrupt Celsius for $300 million, resolving allegations of mishandled collateral. This landmark deal marks a significant step in the recovery process for Celsius's creditors.
China Renaissance is launching a $600 million investment vehicle focused on Binance's BNB token, signaling a major institutional move. This bold bet hints at China's evolving strategy in the global digital asset market.
Matrixport-linked wallets withdrew a massive 4,000 BTC from Binance, fueling speculation about institutional strategy amid market uncertainty. Bitcoin's price teeters as traders eye key support and resistance levels, awaiting a decisive move to signal its next direction.
The Fed is considering slowing its balance-sheet runoff, but crypto's reaction has been muted. Investors remain cautious, awaiting further economic data before making significant moves.
Bitcoin's exchange reserves are at decade lows, hinting at aggressive accumulation. Despite short-term selling, resilient support and strengthening network fundamentals suggest a potential major price rebound.