Key Takeaways Sui halted for a 3rd time in 2 days, disrupting the market as the Core Team next works on a long-term fix. The cause seems to be the new stablecoin’s 0-fee transaction logic, which had design defects. Sui halted again at 4:30 PM EDT, freezing user transactions as it investigates issues regarding epoch …
Continue reading “Sui Network Hits Third Transaction Halt in 48-Hour Outage Wave”
Key Takeaways Anchorage Digital invested in SLX, joining 20+ institutions backing Solstice. Solstice’s TVL topped $400M, highlighting demand for auditable onchain yield. Solstice and Anchorage may expand institutional solana adoption through USDG ties. Solstice Attracts Anchorage Digital Investment After $400M TVL Milestone Anchorage Digital has taken a strategic investment position in SLX, the native token …
Continue reading “Anchorage Digital Backs Solstice as SLX Token Gains Institutional Support”
Anchorage Digital says Bitcoin covered-call strategies can generate synthetic yield for BTC holders, but only when managed with strict discipline. The firm’s new research warns that selling upside on Bitcoin can cushion drawdowns in weaker markets, yet cap gains sharply when BTC enters one of its violent bull-market phases. The analysis, written by Anchorage Digital …
Continue reading “Anchorage Warns Bitcoin Yield Trade Could Cap Gains If BTC Rips Higher”
More than 172,000 traders were liquidated in a single day as Bitcoin’s losses piled up, pushing the cryptocurrency out of the world’s top 10 largest assets by market cap. Bitcoin now sits at 13th place, trailing gold, NVIDIA, Apple, Microsoft, and silver, among others. Related Reading Longs Take The Brunt Total crypto liquidations reached $921 …
Continue reading “Crypto Giant Dethroned: Bitcoin Drops Out Of Top 10 Amid Market Shift”
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this …
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in …
Continue reading “Solana Clings To Critical Multi-Year Support As Breakout Pressure Builds”
Bitcoin (BTC) has survived multiple bull and bear market cycles since it began trading, and each time the market collapsed, a new rally eventually followed. That recurring four-year cyclical pattern has given many investors deep confidence that history will repeat itself. However, after studying the same past cycle patterns, market expert CryptoCon has reached a …
TLDR: Ethereum whale wallets accumulated 17.41 million ETH, representing nearly 22% of the total supply. Santiment data showed major holders buying aggressively during Ethereum’s latest market weakness. ETH remained below key resistance levels as traders monitored support near the $1,850 zone. Analysts projected a potential downside to $1,560 if Ethereum loses its weekly support structure. …
Continue reading “Ethereum Whale Buying Surges as ETH Tests Critical Support”
Bitcoin (BTC) traders have placed new buy orders near $70,000 as the price approaches a key liquidity zone. Order-book data shows more than $500 million in bid liquidity between $72,000 and $70,000, creating a demand zone that could shape BTC’s next move. BTC buy bids form key support zone Data from CoinGlass shows dip buyers …
Continue reading “Bitcoin dip buyers place $500M in bids as $70K retest looms”
A former chairman of the US Commodity Futures Trading Commission (CFTC) responded to the agency’s move to vacate a $5 million settlement with cryptocurrency company Gemini. In a Wednesday motion filed in the US District Court for the Southern District of New York, the CFTC joined the Gemini Trust Company in seeking relief from the …
Continue reading “‘Extraordinarily unusual’ for CFTC to reverse Gemini settlement deal: Ex-chair”
Key Takeaways The S&P 500 closed at a record 7,592 on May 29, extending its winning streak to nine straight weeks. University of Michigan consumer sentiment hit a record low of 44.8 in May, with 57% of consumers citing high prices. Bitcoin held near $73,500 as CME launched 24/7 crypto futures trading and gold rebounded …
Key Takeaways Bitcoin ETFs lost $228.9M, extending a 9-day outflow streak. Ether ETFs shed $121.4M for a 13th straight day of outflows, signaling weak institutional demand. XRP, HYPE, and solana ETFs posted inflows, showing selective appetite beyond BTC and ETH. Bitcoin ETFs Fall Below $95B as Blackrock IBIT Leads Another Selloff The crypto ETF market …
Continue reading “Bitcoin and Ether ETFs Lose $350M While XRP and HYPE Draw Inflows”
Key Takeaways Bitcoin rebounded past $74,000 on May 29 after a sharp intraday drop to a multiweek low of $72,395. Donald Trump’s post on Truth Social triggered a U.S. stock surge and cut Brent crude prices toward $91. Analysts watch Tehran over the next 48 hours to see if Iran verifies the deal or if …
Key Takeaways The 411 BTC transfer is Strategy’s first direct Coinbase Prime deposit since 2024, per Lookonchain. Arca’s Jeff Dorman warns that $15 billion in preferred stock and $1.5 billion in yearly dividends leave Strategy in a bind. A forced sale could pressure bitcoin’s price, as well as Strategy’s 843,738 BTC haul in a big …
Continue reading “Strategy Moves 411 BTC to Coinbase Prime as Polymarket Sell Odds Hit 84%”
Key Takeaways The SPACEX-USDH contract on Hyperliquid plunged 45% on May 28, dropping from $2,277 to $1,254. Thin liquidity triggered $1.51 million in liquidations across 1,393 positions held by 405 users. The flash crash once again exposed the risks of onchain price discovery ahead of SpaceX’s June public IPO. Onchain Data Shows Severe Liquidity Vacuum …
