The Deribit-listed bitcoin BTC$103,426.32 options market is revealing growing caution among traders, with some prepping for a slide to $80,000, as spot prices show signs of weakness. Notional open interest in BTC options, or the dollar value of the active contracts, remains elevated above $40 billion on Deribit, with activity concentrated in November and December […]
Ripple has raised $500 million in a new strategic investment round led by Fortress Investment Group and Citadel Securities, valuing the crypto firm at $40 billion. Other participants included Pantera Capital, Galaxy Digital, Brevan Howard and Marshall Wace. “This investment reflects both Ripple’s incredible momentum, and further validation of the market opportunity we’re aggressively pursuing […]
Ethereum’s ether ETH$3,236.79 just tumbled more than 20% by Tuesday in a two-day rout that almost look like the October 10 crash. Trading just below $4,000 early Monday, the second-largest cryptocurrency by market cap tumbled to nearly $3,000 by Tuesday afternoon U.S. hours, touching its weakest level since mid-July. That’s the second severe correction in […]
Hashprice has plunged to its lowest level since April, when bitcoin was trading around $76,000, now sitting at $43.1 per petahash/second (PH/s). Hashprice, a term coined by Luxor, refers to the expected value of one terahash per second (TH/s) of hashing power per day, representing how much a miner can earn from a specific amount […]
The long-awaited debut of spot Solana ETFs in the U.S. drew solid demand, according to analysts — but you would not know it judging by the SOL SOL$168.09 price action. The token, which notched a $205 high one day before last Tuesday’s ETF launch, has tumbled 20% to $165 in a week. It has well […]
Cipher Mining (CIFR) jumped 19% on Monday after signing a $5.5 billion lease agreement with Amazon Web Services (AWS), pushing deeper into the red-hot artificial intelligence (AI) infrastructure. The 15-year agreement will see Cipher deliver 300 megawatts (MW) of power capacity to AWS by late 2026, with the first phase starting in July, according to […]
DEX token ASTER surged as Binance founder Changpeng Zhao (CZ) purchased approximately 2 million of them, sending a wave of speculative demand across the market. Investors interpreted the purchase as a signal of confidence from one of crypto’s most influential figures, and ASTER climbed nearly 20% in response. The underlying project behind ASTER is a […]
Bitcoin closed October lower, snapping its six-year “Uptober” streak while BNB eked out a gain as a mid-month jolt left most majors stuck below early highs. The shock landed Oct. 10, when President Donald Trump threatened steep new tariffs on China amid rare-earth tensions, touching off a broad risk-off move. Bitcoin slid from roughly the […]
Speaking with CNBC’s Sara Eisen at the sidelines the 2025 edition of the Future Investment Initiative in Riyadh, Saudi Arabia, Circle Internet Group (CRCL) Jeremy Allaire described Arc as “an economic OS for the internet,” arguing that core financial workflows are moving on chain and need predictable costs and performance. He said Arc is built […]
U.S. Treasury Secretary Scott Bessent marked the 17th anniversary of the Bitcoin white paper on Friday with a post on X praising the network’s resilience and adding a jab at Senate Democrats, saying the system “never shuts down” and implying lawmakers could “learn something from that.” The comment doubled as a policy signal and a […]
According to CoinDesk Research’s technical analysis data model, ether ETH$3,856.66 advanced on heavier-than-usual trading, then slipped late after an upper-band rejection, leaving a tighter range and a clear set of checkpoints above and below. Analyst comment Crypto analyst Michaël van de Poppe said on X that Ethereum is the best ecosystem to invest in and […]
T3 Financial Crime Unit, a crypto task force said it froze $300 million in tainted funds in its first year of operation, earning praise from international law enforcement and showing the stablecoin industry is capable of policing itself. Formed in late 2024 by stablecoin issuer Tether, the Tron blockchain and TRM Labs, a blockchain intelligence […]