Bitcoin funding rates had taken a plunge at the beginning of May. While this had not been a pronounced bear trend at that point, the price of BTC was already showing some signs of weakness.…
Some Traders Now Taking Bets Ether Will Break…
Deribit has started listing ether (ETH) options with strikes above $1,000, and some traders are now betting the cryptocurrency will reach that price by year’s end. Over 3,470 contracts – worth $1.3 million – of…
Market Wrap: Bitcoin Stumbles to $11,300; USDC Lending…
As the bitcoin market sees red, DeFi opportunities in stablecoin trading have some borrowing rates exploding to double digits. Bitcoin (BTC) trading around $11,342 as of 20:00 UTC (4 p.m. ET). Slipping 4% over the…
Analyst: XRP Is Poised to See a Parabolic…
XRP has been seeing mixed price action in recent times. After seeing an explosive rally up to highs of $0.32, the cryptocurrency hit some insurmountable resistance that slowed its ascent and caused it to enter…
Tezos Surges 45% Month To Date, Why This…
Tezos, a close contender for the top ten cryptocurrencies by market cap, has gone on a powerful, over 45% rally in the last 11 days. These incredible month-to-date gains are nothing compared to the asset’s…
Billion Dollar Public Company Microstrategy Moves $250 Million…
Nasdaq-listed company Microstrategy Inc. is bullish on bitcoin, saying that it is a “dependable store of value” that is “superior to cash.” The billion-dollar company has purchased $250 million in bitcoin, adopting the cryptocurrency as…
Blockchain Bites: MicroStrategy’s $250M Bitcoin Bet, India Booms,…
MicroStrategy bets $250 million on bitcoin’s safe haven thesis. Indian crypto is booming. And David Marcus has a new role at Facebook. Top shelf Banks buying“Major U.S. banks might be willing to support cryptocurrency services…
Charles Hoskinson Laughs Off Claims He’s Bailing Out…
Ethereum Classic was 51% attacked for the second time in less than two years. The most recent hack, which happened over a two-day period starting July 31st, netted hackers an estimated $5.6 million. Since then,…
Stellar (XLM) Could Kick Off a Wild Uptrend…
Stellar (XLM) has been consolidating in recent weeks, struggling to garner the momentum that many of its smaller counterparts have been seeing. It now appears that the cryptocurrency could be well-positioned to see an explosive…