by Michael
Key TakeawaysBinance bitcoin reserves topped 693,000 BTC, up about 77,000 since late April.The buildup raises sell-side risk as bitcoin struggles beneath the $83K-$85K supply wall.BTC must hold $75K or break $85K to show demand can absorb Binance’s added liquidity....
by Michael
Key TakeawaysOn Sept. 11, ETH surged past $2,600 for the first time since February following U.S. CPI data.ETH sparked $215 million in short liquidations on Bitstamp and trimmed year-to-date losses to 15%.Analysts view holding the $2,500 support level as key to...
by Michael
Key TakeawaysBitcoin ETFs lost $282.56M on Thursday, extending outflows to 3 sessions as BTC traded near $77K.XRP ETFs alone gained, showing stronger flow resilience than bitcoin, ether and solana funds.Friday’s session will test whether bitcoin ETF outflows deepen...
by Michael
Key TakeawaysFrgmnt partnered with Anchorage Digital to give institutions direct access to its fUSD stablecoin.The deal lets funds and fintechs manage, stake, and redeem 2 protocol assets within regulated crypto rails.Frgmnt plans to scale institutional adoption of...
by Michael
Key TakeawaysBlockstream rejected a 10% bounty demand while hackers still hold roughly 598.5 BTC.Liquid’s attackers returned 3,400 BTC after draining nearly 4,000 BTC on Sept. 6.Blockstream says law enforcement and exchanges could join the hunt for the remaining 598.5...
by Michael
Key TakeawaysZcash dipped below $1,055 on Friday after higher-than-expected U.S. inflation data sparked a crypto selloff.The altcoin aggregate market cap dropped to $1.17 trillion as high-cap assets like XRP and SOL also suffered losses.Bitfinex warned that high...
by Michael
Key takeaways Ethereum fell 0.7% as annual US producer inflation accelerated to 5.4%. Polymarket traders assigned a 62% probability to a rate hike at the next Fed meeting. ETH is testing support at $2,431 and $2,405, with resistance near $2,545. Ethereum (ETH) traded...
by Michael
Key TakeawaysCumberland-linked 0x091D wallet pulled 8.5 million PONS worth $6.55 million off Gate in one week.PONS trades near $0.58 with a $448 million market cap, up 1,384% over 30 days.Wintermute has also been buying, with Arkham flagging it as a possible PONS...
by Michael
Key takeaways Dogecoin is attempting to recover after two consecutive sessions of roughly 3% losses. Bitwise will end trading in its BWOW Dogecoin ETF on October 14. A break below $0.0801 could send DOGE toward $0.0745 and potentially $0.0673. Dogecoin must reclaim...
by Michael
Key TakeawaysHyperliquid Strategies has bought 3.029M HYPE for about $252 million over the past two weeks.HYPE is trading near $80 today, below the roughly $83.40 average the firm paid.A $2.5 billion Chardan equity facility, expanded Sept. 1, keeps the buying capacity...
by Michael
Key TakeawaysWallet 0x396d opened a 40x long on 911.55 BTC at $77,733, worth roughly $70.08 million.Onchain data shows the same trader has won 92.5% of his last 80 bitcoin trades.A slide to $76,308.60 force-closes the bet, two days after $562M in Sept. 10...
by Michael
Key TakeawaysBitcoin Red Team claimed it warned Blockstream before the hack, fueling debate over preventable losses.Blockstream denied ignoring security warnings, attributing the vulnerability to a flawed AI bug fix.Liquid restored transactions on Sept 10, but... Translate »