by Michael
Key TakeawaysCash App’s 59 million users can now buy XRP, solana, ether, and USDT via Moonpay.The integration, launched August 18, lets users fund external wallets like Bitcoin.com’s.Cash App’s crypto lineup had been limited to bitcoin and USDC before this expansion....
by Michael
Key TakeawaysDriven by a $4B Treasury buyback news, ETH surged past $2,000 on Aug. 19 to an intraday peak of $2,112.The market rally pushed altcoins past $1T cap, with ZEC jumping 9% to $557 alongside gains in XRP and SOL.Analyst Michaël van de Poppe eyes targets up...
by Michael
Key TakeawaysKalshi filed Aug. 18 for US500 and COPPERPERP perpetual futures.Kalshi’s contracts could broaden U.S. access to continuous leveraged market exposure.The CFTC must approve, modify or reject Kalshi’s two filings before trading begins. The two Aug. 18...
by Michael
Key TakeawaysBitcoin surged towards $70,000 after the U.S. Treasury doubled its bond buybacks to $4 billion.Over $1.9 billion in liquidations occurred within 24 hours, while Strategy jumped over 11%.The U.S. annual interest debt servicing is projected to rise from...
by Michael
Key TakeawaysBlackrock’s IBIT led $189.30M into bitcoin ETFs on Tuesday, extending the week’s strong start.Ether gained $71.47M as XRP and solana also rose, broadening institutional crypto demand.Hashdex’s DEFI exit on Aug. 17 signals smaller ETF issuers face more...
by Michael
Key TakeawaysEllison received five-year trading and 10-year registration bans.Wang received five-year trading and eight-year registration bans.Cooperation helped avert CFTC monetary claims at this time. CFTC Finalizes Multiyear Restrictions The Commodity Futures...
by Michael
Key TakeawaysBitcoin hit $69,749 on Aug. 19 after weeks trapped below $65,000.Crypto shorts lost roughly $1.1B-$1.3B as bitcoin’s squeeze accelerated.Bitcoin must hold near $69,000-$70,000 as ETF demand and yields steer the next move. The move unfolded rapidly during...
by Michael
Key TakeawaysThe SEC proposed Regulation Crypto Assets with exemptions up to $5 million and $75 million.Paul Atkins says the SEC plan could bring crypto fundraising under clearer U.S. rules in 2026.SEC comments will remain open for 60 days after Federal Register...
by Michael
Key takeaways PUMP is down 3% on Wednesday after rallying nearly 13% the previous day. Futures Open Interest climbed to a record $258.62 million, indicating increased speculative positioning. The funding rate surged to 0.039%, reflecting a sharp shift toward leveraged...
by Michael
Key TakeawaysCryptoquant data shows whales bought roughly 43,000 BTC, worth $2.75 billion, in 60 days.Buying resumed once bitcoin fell to about $60,000, reversing months of whale selling.August spot trading volume has dropped to its lowest level since August 2021....
by Michael
Key takeaways HYPE trades below $59 after recording a second consecutive day of gains. The Hyperliquid Policy Center and trade[XYZ] have submitted recommendations on pre-IPO perpetual markets to the SEC. The proposed instruments would provide price exposure before a...
by Michael
Key TakeawaysBlackrock says bitcoin’s 50% drop from its $126,300 high is a positioning correction, not a thesis change.A single-day liquidation cascade on October 10 wiped out roughly $20 billion in bitcoin open interest.Blackrock still recommends a 1-2% bitcoin... Translate »