Standard Chartered maintained its call for Bitcoin to reach $100,000 by Dec. 31, even after the cryptocurrency briefly fell below $60,000 last week for the first time since October 2024. Geoffrey Kendrick, the bank's global head of digital assets research, called the selloff “painful” but argued the bulk of selling may be over, adding that […]
The post Wall Street still says Bitcoin can hit $100,000, the market is starting to doubt it appeared first on CryptoSlate.
The Clearing House plan gives banks 24/7 tokenized settlement while keeping customer money inside regulated deposit accounts.
The post Big banks may have found their answer to the CLARITY Act’s stablecoin challenge appeared first on CryptoSlate.
Bitcoin's brief weekend rally lost its footing as a sudden resumption of military hostilities between Israel and Iran triggered a broad rotation away from risk-on investments. The geopolitical escalation, which defied explicit diplomatic pressure from Washington, sent global energy benchmarks surging and equity markets lower, leaving BTC to defend a highly fragile $60,000 baseline. Data […]
The post Bitcoin price rebound wobbles as Israel defies Trump and hits Iran, sending oil back toward $100 appeared first on CryptoSlate.
Ethereum’s slide to its lowest level in more than a year is testing the Wall Street trade that brought the token deeper into institutional portfolios. Data from CryptoSlate shows that the second-largest cryptocurrency fell to as low as $1,506 during the last 24 hours, its weakest level since April 2025, extending a broad crypto selloff […]
The post Ethereum’s $1,500 test shows how quickly Wall Street’s crypto trade has turned appeared first on CryptoSlate.
Decentralized finance has gotten a lot safer over the past six years, and a new review of protocol losses from 2020 through 2025 puts a pretty large number behind that claim. Industry-wide DeFi losses peaked at $2.62 billion in 2022 and fell roughly 80% to $534 million by 2024. Bridge hacks that once produced billion-dollar […]
The post DeFi’s old hack vectors are fading – But the new risk can hit six chains at once appeared first on CryptoSlate.
AI has hit an electricity problem. Running it takes staggering amounts of power; demand in the US is climbing faster than the grid can keep up, and that's handing enormous leverage to the companies that generate and deliver it. On June 2, the Electric Reliability Council of Texas voted to overhaul how it admits large […]
The post AI’s power race is shifting leverage from chipmakers like NVIDIA to the grid appeared first on CryptoSlate.
Bitcoin traders have spent the past week bracing for the wrong kind of surprise, watching rate-cut bets evaporate as a run of firm labor data pushed the odds of a Federal Reserve hike by year-end toward 85% and dragged the 10-year Treasury yield up near 4.5%. Understandably, it dominates the screens, given how much of […]
The post A needed $900B Treasury cash rebuild could quietly drain the liquidity Bitcoin needs appeared first on CryptoSlate.
Hyperliquid’s rapid growth has drawn a warning from Britain’s financial regulator, adding a consumer-protection concern to a platform increasingly watched by Wall Street and traditional market operators. The Financial Conduct Authority (FCA) placed Hyperliquid and the Hyper Foundation on its warning list, saying the firm may be providing or promoting financial services in the UK […]
The post Hyperliquid’s UK warning reveals the regulatory test behind its Wall Street push appeared first on CryptoSlate.
For the better part of two years, Wall Street has treated AI as the most bullish trade on the board, a growth engine that turbocharges earnings, underwrites stretched valuations, and promises a productivity windfall somewhere down the road. However, the Fed has access to the same numbers and seems to be more inclined to treat […]
The post AI’s $800 billion spending boom is becoming Bitcoin’s Fed problem appeared first on CryptoSlate.
The US economy added 172,000 jobs in May, more than double the 80,000 that Wall Street economists had expected, and the unemployment rate held at 4.3%. The Bureau of Labor Statistics (BLS) also revised March and April higher by a combined 93,000 positions, which left the spring looking much stronger than anyone believed a month […]
The post May jobs report explained: Why 172,000 jobs means higher rates, pricier loans, and a Bitcoin drop appeared first on CryptoSlate.
Crypto exchanges are seeing the weakest retail-driven activity in years, but some of the biggest platforms are finding a lucrative new source of volume in Wall Street-style bets on gold, silver, oil, stocks, and indexes. According to a CryptoQuant report shared with CryptoSlate, the shift is emerging during one of the weakest trading periods for […]
The post Crypto exchanges are losing retail traders but are filling the gap with Wall Street-style bets appeared first on CryptoSlate.
Bitcoin traders have identified Michael Saylor as a new suspect in the latest sell-off, while the numbers tell a different story. Strategy disclosed in a June 1 Form 8-K that it sold just 32 BTC between May 26 and May 31 for $2.5 million, at an average net price of $77,135, with proceeds earmarked to […]
The post Bitcoin traders blamed Saylor’s 32 BTC sale but larger selling pressure built elsewhere appeared first on CryptoSlate.
The May payrolls beat was hawkish enough to pressure crypto, while government hiring and cooler yearly wage growth keep the second interpretation from being one-way.
The post Bitcoin price craters to $60,000 as BTC bulls get jobs report they were hoping to avoid appeared first on CryptoSlate.
Bitcoin just tested an intraday low of $61,349, triggered roughly $1.76 billion in liquidations with long positions absorbing more than $1.5 billion of that total, and then bounced toward the mid-$63,000s. Funding rates flipped deeply negative, open interest reset sharply, and the Crypto Fear & Greed Index fell to 12, a level in extreme fear […]
The post Bitcoin crashed and flushed leverage out, but is the bottom here yet? appeared first on CryptoSlate.
Bitcoin is enduring a multi-front assault on its spot market liquidity as exchange-traded funds, short-term speculators, and cryptocurrency miners simultaneously distribute assets. This coordinated selling pressure has drained market demand at the fastest pace since the 2022 collapse of the Terra/Luna ecosystem. As a result, BTC's price has tanked 12% over the past week, pushing […]
The post Bitcoin’s selloff is creating the short-heavy setup that could reverse it fast appeared first on CryptoSlate.
Bitcoin’s relationship with the S&P 500 has stopped behaving like a simple correlation trade at exactly the wrong time for bulls. For much of 2026, the logic was clean enough. When oil jumped during the Iran war, yields rose amid inflation fears, stocks sold off, and Bitcoin followed, as the market treated BTC as a […]
The post Bitcoin’s $63k slide shows ETF demand fighting AI equities for dollar liquidity appeared first on CryptoSlate.
Charles Hoskinson has announced that he is “taking a break” from the pressure around Cardano after an emotional plea to the community. His remarks, however, point to frustration rather than abandonment. It seems that the Cardano founder is openly questioning his remaining power over the network at a time when ADA holders are blaming him […]
The post Cardano founder Charles Hoskinson takes “a break” – exposing who really controls ADA’s next move appeared first on CryptoSlate.
Zcash became the subject of a brief market scare after block explorers appeared to show that the privacy-focused blockchain had stopped producing blocks for several hours. By the time developers and infrastructure providers pushed back on the claim, the market had already moved in the opposite direction. ZEC was recently trading near $620, up about […]
The post Zcash was rumored to have stopped working – then it became crypto’s only winner appeared first on CryptoSlate.
For traditional US banks, the CLARITY Act was intended as a firewall that effectively barred crypto companies from offering “passive” interest on stablecoins. The legislation aimed to prevent a catastrophic deposit flight in which everyday checking account balances drain from the banking system into high-yield crypto exchanges. But as lawmakers prepare to finalize the framework, […]
The post Banks pushed Congress to kill stablecoin yield with CLARITY Act – Coinbase may have found the loophole appeared first on CryptoSlate.
Mt. Gox moved more than $700 million worth of Bitcoin while the market was already under stress, giving traders a familiar reason to ask whether old bankruptcy coins are moving closer to new supply. The estate-linked wallets moved 10,422 BTC on June 2, worth roughly $739 million at the time of the transfer. Most of […]
The post Mt. Gox-linked wallets moved 10,422 BTC, worth roughly $739 million as BTC price slides appeared first on CryptoSlate.
Bitcoin is back at a crossroads it has navigated multiple times in prior cycles, and this may be where the real test begins in this cycle. After weeks of trying to turn the low-$80,000s into a new recovery zone, BTC has returned to the $66,900-$68,000 area, the same band I have used through several recent […]
The post Bitcoin returns to the price that capped 2021, defined 2024, and now tests the rally again appeared first on CryptoSlate.
Bitcoin’s aggressive break below $70,000 has shifted the market from a debate over dip-buying to a more defensive question of how far traders now need to insure against the next leg lower. Data from CryptoSlate showed that the largest cryptocurrency fell to as low as $65,404 over the past day, triggering $1.8 billion in liquidations […]
The post Bitcoin’s plunge to $65,000 has traders paying to protect against a fall to $50,000 appeared first on CryptoSlate.
Today's sudden Bitcoin slide under $68,000 forced a rapid unwind across crypto derivatives markets, erasing nearly $400 million in leveraged positions in one hour as traders who had bet on further gains were caught by the move. Data from CryptoSlate shows that Bitcoin fell more than 5%, dropping from $71,765 to $67,895, its lowest level since […]
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A nearly $150 million prediction market has devolved into chaos after the platform Polymarket moved to deny payouts to traders who accurately predicted that corporate treasury firm Strategy would sell a portion of its Bitcoin holdings. The dispute centers on a fundamental disconnect between when an event occurs and when it is publicly disclosed, exposing […]
The post Why a $150M Polymarket bet could pay the side that appeared to lose appeared first on CryptoSlate.
At 10 a.m. ET on Tuesday, the Bureau of Labor Statistics releases its Job Openings and Labor Turnover Survey for April, and a market that spent years branding Bitcoin as an escape hatch from central banks now hangs on whatever the numbers imply about the Federal Reserve's next move. This is due to a long […]
The post Bitcoin faces first jobs-week test as US job openings data arrives before Friday payrolls appeared first on CryptoSlate.
Bitcoin price has hit $70,000 after Strategy, the world's largest publicly traded corporate holder of the top crypto, sold a portion of its BTC treasury for the first time since 2022. Data from CryptoSlate showed that BTC's price dropped 4% on the news to as low as $69,690 before recovering to $70,120 as of press […]
The post Strategy sold 32 BTC to pay dividends – But the real risk is what happens if it has to sell more Bitcoin appeared first on CryptoSlate.
XRP is giving traders a contradiction that separates flow data from actual market control. The token has been trading around the low-$1.30s after hitting its weakest level in roughly 15 weeks, even as two data points bulls often treat as supportive moved in the other direction. Spot XRP ETFs have continued to attract money, with […]
The post XRP’s 15-week low puts ETF inflows to the spot-market test appeared first on CryptoSlate.
Cardano's 2026 Summit in Singapore is off after the network's treasury governance process failed to approve funding for it. The official event page now says the Summit will not take place on Oct. 5-6 as previously announced. The cause is governance: Cardano Foundation said treasury-funded initiatives are subject to community vote, and the community decided not to proceed with […]
The post Cardano just canceled is 2026 Summit – exposing the power and risk of its governance vetos appeared first on CryptoSlate.
A whitehat and HongCoin's original multisig used a preserved overflow bug to reopen refunds trapped since 2016.
The post Failed Ethereum ICO from 2016 just unlocked 1,003 ETH by exploiting itself appeared first on CryptoSlate.
Last week, an institutional investor executed the largest single off-exchange trade in the history of US spot Bitcoin exchange-traded funds, offloading a $1.26 billion position in BlackRock’s iShares Bitcoin Trust (IBIT). While the transaction has sparked intense debate on Wall Street, an analysis from NYDIG suggests the sale was a targeted, urgent retreat by a […]
The post A mystery whale paid $30 million to exit BlackRock Bitcoin ETF before the market fell appeared first on CryptoSlate.