Crypto derivatives funding rates have fallen to levels last seen in the 2022 bear market, as billions in leveraged positions were liquidated.
Bitcoin Core launched its major v30 update on Saturday, with the community split over its drastic increase to the OP_RETURN data limit.
Good Morning, Asia. Here's what's making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas.Bitcoin is trading at $115,157, steady after a...
Ether, BNB and Solana led as the crypto market powered back up after Friday’s flash crash, with crypto treasury firm BitMine capitalizing on the dip.
ETH price sharply recovered as market fears eased and derivatives stabilized, suggesting that a return to $4,500 could be Ether’s next stop.
The tokens did not actually crash to $0, but users saw tokens drop to nearly $0 due to a 'display' issue, the Binance exchange said.
Tether CEO Paolo Ardoino said in a post on X on Sunday that "Bitcoin and Gold will outlast any other currency," a minimalist line that aligns with how the stablecoin issuer has positioned parts of its reserves over the past two years.On May 17, 2023, Tether said it would regularly...
Friday’s crypto sell-off was a fast, leverage-driven cascade that crushed altcoins while bitcoin held up comparatively better — and the next phase hinges on a handful of signals, according to Wiston Capital Founder Charlie Erith.In a Sunday post titled “Crypto Crumble,” Erith said the market excluding bitcoin, ether and stablecoins...
Binance has voluntarily announced compensation for users who incurred losses due to platform's disruptions late Friday that triggered a significant price crash in wrapped beacon ether (wBETH), Binance Staked SOL (BNSOL), and Ethereum's synthetic dollar USDe."Due to significant market fluctuations over the past 16 hours and a substantial influx of...
A modest reversal from Friday evening's carnage in crypto markets is underway after some calming trade war-related remarks from both Beijing and Washington.The walk-backs began late Saturday when China's Ministry of Commerce said its rate-earth export controls are not blanket bans, and that eligible applications will continue to receive licenses....
