BNB traded at $1,200 on Wednesday, down 0.5% after sliding from a new all-time high that came after a market-wide liquidation event erased roughly $500 billion from the crypto market. The token, which is the native token of the BNB Chain and can be used to pay of trading fees...
Bitcoin short-term holders struggled to seal profits in recent days while overall supply ownership flashed a classic bull-market top warning.
Coinbase Ventures has invested in Indian exchange CoinDCX at a $2.45 billion valuation as the US crypto company expands into India and the Middle East.
“Just buy an ETF.” That blunt advice from Strive Asset Management CEO Matt Cole during a panel at Hong Kong's Bitcoin Asia in August summed up the growing frustration with Digital Asset Treasuries (DAT) , the corporate vehicles that promise to outperform bitcoin (BTC) through clever financing and balance-sheet engineering...
A wallet associated with LuBian, a significant Bitcoin mining pool that was hacked in December 2020, moved BTC on Wednesday, ending three years of dormancy. The wallet labelled as "39DUz" moved 9,757 BTC, worth $1.1 billion, to two new addresses, "34kn9z...s9tef" and "bc1q4c...77s0," respectively, according to analytics firms Peckshield and...
US spot Bitcoin and Ether ETFs reversed course with fresh inflows after a wave of outflows following the recent market meltdown.
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 session as macro pressure and broad crypto deleveraging sent open interest down 50% to $4.22 billion....
Coinbase has agreed to invest in CoinDCX, one of India’s largest crypto exchanges, in a transaction that remains subject to regulatory approvals and other customary closing conditions, according to statements published Wednesday by Coinbase Chief Business Officer Shan Aggarwal and CoinDCX co-founder and CEO Sumit Gupta. Aggarwal framed the move...
The Crypto Liquidation Crisis Highlighted OTC Desks as Crucial Shock Absorbers, Finery Markets Says
⚪ Neutral Over-the-counter (OTC) desks played a crucial role in stabilizing trading during the recent crypto market crash by acting as shock absorbers that contained volatility and limited broader systemic risks, according to a note from Finery Markets, a leading crypto ECN and trading SaaS provider ranked among the top 30 digital...
Rachael Lucas, an analyst at BTC Markets, said the growing accumulation of Bitcoin suggests “larger players are doubling down.”
