Despite growing expectations of an imminent altcoin season, industry insiders are pointing to capital flowing back into Bitcoin and corporate cryptocurrency treasuries, raising doubts about the traditional crypto market cycle. Corporate digital assets treasuries (DATs) have drained about $800 billion worth of retail investor capital from the altcoin market, according to crypto market intelligence company … Read more
How an anonymous wallet profited from the crypto chaos An anonymous wallet (0xb317) on the Hyperliquid derivatives exchange reportedly earned a $192-million profit within just a few hours during a period of sharp market volatility. As Bitcoin (BTC) and Ether (ETH) prices fell sharply, many traders were hit with liquidations that erased more than $1 … Read more
Binance co-founder Changpeng “CZ” Zhao has fired back at US Senator Elizabeth Warren after she claimed he “pleaded guilty to a criminal money-laundering charge.” In a Friday X post, Zhao wrote that Warren “can’t get her facts right” since, in her public statement, she claimed that he “pleaded guilty to a criminal money laundering charge … Read more
Key takeaways: HYPE breaks out above key resistance, eyeing a 40% move toward $56.5 by November. A drop below the 200-day EMA could invalidate the bullish setup and push the price toward $32–34. HYPE, the native token of decentralized exchange Hyperliquid, has jumped by over 13% a day after its listing on US-based trading platform … Read more
The feud between Fetch.ai and Ocean Protocol Foundation may be drawing to a close as the two sides look to reach a middle ground without escalating into a full-blown legal battle. On Thursday, Fetch.ai said it would cancel all pending legal claims against the Ocean Protocol Foundation if the latter returned the 286 million Fetch.ai … Read more
Key points: Bitcoin is on track for one of its worst October performances since 2013. Previous bull market years offered a minimum of 40% gains. The Federal Reserve may offer a last-minute reprieve at next week’s meeting. Bitcoin (BTC) “Uptober” hangs in the balance as price threatens to print the first “red” October since 2018. … Read more
The US energy secretary has urged the Federal Energy Regulatory Commission (FERC) to write new rules enabling big electricity consumers, such as AI data centers and Bitcoin mining operations, to connect directly and quickly to the power grid. In a letter released on Thursday, US Energy Secretary Chris Wright asked the FERC, the independent agency … Read more
A “Satoshi-era” Bitcoin wallet with $442 million worth of Bitcoin (BTC) has become the latest sleeping Bitcoin giant to wake, shifting some of its funds for the first time in 14 years. The unknown owner of the wallet made most of its stash mining 4,000 Bitcoin between April and June 2009, only a few months … Read more
The US Secretary of Energy has urged the Federal Energy Regulatory Commission (FERC) to write new rules that will make it faster for large electricity consumers, such as AI data centers and Bitcoin mining operations, to directly connect to the power grid. In a letter released on Thursday, US Energy Secretary Chris Wright asked the … Read more
Bitcoin derivatives markets are signaling new bullishness with Bitcoin options open interest (OI) at a record high of $63 billion, dominated by higher strike prices, according to CoinGlass. OI also hit an all-time high of $50 billion on crypto options exchange Deribit, “with puts at $100K gaining traction,” reported the Coinbase-owned derivatives platform on Thursday. … Read more