Altcoin funding rates, including for TON, have turned positive, indicating renewed confidence among traders, but overall market participation remains muted.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
A historically reliable bottom signal appears after bitcoin’s 35% correction.
Large holders return to buying after months of distribution, signalling renewed confidence at key support levels.
CalPERS' loss highlights the volatility and risks associated with cryptocurrency-linked investments, impacting broader pension fund strategies.
The post Largest US pension faces losses as Strategy buy falls from $144M to $80M appeared first on Crypto Briefing.
Price action remains stable, consolidating below $900, amid tension between weak fundamentals and upcoming upgrades.
Crypto industry figures welcomed pro-entrepreneur measures but warned that wider tax and regulatory pressures could hurt UK competitiveness.
Bitcoin and ether surged following Wednesday's tech-led equities rebound, while derivatives flows signal growing optimism for a year-end push.
COIN closed at $264.97, 4.27% higher on the day, accompanying a relative recovery in the crypto market, which saw bitcoin gain over 3.3% to reclaim $90,000.
Total XRP ETF assets crossed $628 million, absorbing nearly 80 million tokens in 24 hours, making for a stronger initial response than Solana’s ETF debut earlier this year.
Technical analysis shows DOGE breaking above resistance with a significant volume surge, indicating bullish momentum.
Technical indicators suggest strong momentum, with XRP trading in an ascending broadening wedge and targeting further gains if it remains above key support levels.
Upbit has suspended digital asset withdrawals after detecting irregular activity involving Solana network tokens.
Analysts said traders remain focused on macro signals, particularly on growing expectations for a December Fed rate cut.
Bitcoin has surged past the $90,000 mark, buoyed by rising expectations of a December Federal Reserve rate cut.
Large holder deposits have hit exchanges and realized losses are climbing, according to CryptoQuant and Glassnode, indicating the market’s rally is being built on thin liquidity.
Some have previously suggested that SpaceX was simply transferring bitcoin in an effort to consolidate its holdings.
Raising options limits could enhance market liquidity and efficiency, reflecting growing institutional interest in crypto derivatives trading.
The post Nasdaq ISE proposes to raise BlackRock IBIT options trading limits from 250,000 to 1 million appeared first on Crypto Briefing.
The firm noted that exchange activity in ETH and altcoins also remained elevated, putting further downward pressure on prices.
The token has support around the $2.16 level and resistance at $2.31.
Bloomberg Senior ETF analyst Eric Balchunas predicts over 100 new crypto ETFs will launch in the next six months.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Filing comes amid rapid growth in IBIT options activity and a migration of open interest toward US regulated venues.
S&P Global downgrades Tether's stability rating to its lowest level, citing reserve exposure and governance concerns affecting USDT.
The post S&P Global downgrades Tether’s stability rating to weakest level appeared first on Crypto Briefing.
Just when traders got used to price declines on the Wednesday ahead of Turkey Day, bitcoin pulled a reversal higher.
The miner’s “dual-engine” strategy uses bitcoin mining income to fund data center buildouts for AI and high-performance computing.
Major banking institution selects XLM network for programmable digital currency pilot program
Institutional accumulation drives HBAR above key technical levels as futures launch approaches.
The story paints a picture of a company experiencing intense turmoil since deciding in August to pivot to a digital asset treasury strategy.
The network introduces intent-based routing and multi-source liquidity, with unified verification expected later through Avail DA.