Bitcoin Sell Off Poses Risk To Nascent Altcoin Season

Key points: Bitcoin has dipped below $77,000, signaling that the bears are poised to seize control. Altcoins are a mixed bag, with some attempting to push through the overhead resistance while others struggle to hold on to the support. Bitcoin (BTC) has dipped below $77,000, indicating that the bears are attempting to seize control. Glassnode … Read more

Polymarket Seeks Japan Entry Amid Global Scrutiny: Report

Polymarket, a global prediction market platform, is reportedly seeking entry into Japan amid growing regulatory scrutiny of the sector worldwide. The company has appointed Mike Eidlin, head of Japan at crypto firm Jupiter, to lead its local efforts and is preparing to lobby for authorization of prediction markets in the country, Bloomberg reported Friday, citing … Read more

SEC Tokenized Stocks Risk Market Fragmentation

The US Securities and Exchange Commission’s move to allow third parties to list tokenized stocks could risk two structural disruptions with liquidity and revenue fragmentation, according to Tiger Research. Liquidity fragmentation may occur as capital disperses from centralized exchanges across multiple blockchain platforms, said Tiger Research director and head of research Ryan Yoon on Friday. … Read more

Bitcoin Longs Rise As Traders Aim For Rally To $82K

Key takeaways: Top traders boosted their Bitcoin long-to-short ratios, strengthening the $76,000 support floor. Macroeconomic pressures and persistent Bitcoin ETF outflows are capping immediate Bitcoin breakout potential to $82,000. Bitcoin (BTC) flirted with $78,000 on Thursday but failed to sustain its bullish momentum after a disappointing outlook from US retailer Walmart and growing signs of … Read more