The bitcoin 30-day average funding rate has been negative for 46 consecutive days, matching the duration of the 2022 bear market bottom.
Bitcoin is struggling to break and hold above the key $75,000 resistance level while ether, solana decline.
Bitmine's significant losses highlight the volatility and risks of digital asset investments, potentially impacting investor confidence and market stability.
The post Bitmine books $3.8 billion quarterly loss on digital asset holdings appeared first on Crypto Briefing.
eToro has agreed to acquire crypto wallet startup Zengo for $70 million, adding self-custody and Web3 capabilities after a New York debut.
Bitcoin’s oldest and most dormant wallets, including those believed to belong to Satoshi Nakamoto, could be permanently frozen under a new developer proposal called BIP-361, introduced in April 2026. The idea has split the Bitcoin community, with some supporting stronger security and others calling it a violation of Bitcoin’s core principles. New Proposal Introduces Quantum-Resistant …
Bitcoin hit a 24-hour high of $75,886 before pulling back to $74,025, rejected at the $75,000 level again, and the conditions surrounding this attempt look nothing like before. Analyst Michaël van de Poppe flagged the setup in a thread published today. Yes, a shooting star candle formed on the daily timeframe after the latest rejection. …
The IMF warns that global public debt could reach about 100% of world GDP by 2029.
eToro has announced plans to acquire Zengo, a company known for its secure and easy-to-use crypto wallet. The move aims to expand eToro’s digital asset offerings and give users more control over their crypto investments. Zengo, founded in 2018, provides a keyless wallet system that improves security while keeping things simple for everyday users. According …
The State Bank of Pakistan ended a 2018 ban, allowing regulated entities to open accounts for licensed virtual asset service providers.
The exchange said the new product is available across the European Economic Area through its Malta-based MiFID business, with up to 10x leverage and multi-asset collateral.
Tax season is now more connected to Bitcoin’s retail demand. Bitcoin has spent the first half of April trading in the low $70,000s, with recent moves through the $71,000 to $75,000 zone keeping the asset close enough to its highs for retail attention to return quickly. But there’s a more important change happening beneath the […]
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eToro is set to acquire self-custodial wallet provider Zengo, and the trading platform’s CEO predicted a Bitcoin rally above $250,000 after another quarter of crypto market downside.
Ethereum’s derivatives market on Binance is flashing a setup that could leave short sellers exposed if the recent move higher continues. According to analysis shared on X by CryptoQuant contributor Darkfost, positioning has become increasingly one-sided even as ETH has rebounded sharply from its February low, creating the conditions for further short squeezes. Ethereum Bears Crowd In On Binance The core of the argument is a mismatch between price action and trader conviction. Darkfost said that since February, around 350,000 ETH has been added to open interest on Binance, which now represents roughly 37% of total market share. At current prices, that amounts to more than $1 billion flowing into Binance’s ETH derivatives complex. Related Reading: A Historic Ethereum Signal Just Fired – Discover What Happens Next What stands out is not just the size of that increase, but the direction of positioning behind it. “What is paradoxical is that despite the recent price increase (+35% since the February low), the majority of investors appear to be positioning for a correction by shorting the market,” Darkfost wrote. “This can be observed through ETH funding rates on Binance, which have reached levels not seen since the previous bear market.” That matters because funding rates offer a read on which side of the perpetual futures market is leaning more aggressively. Darkfost said Binance funding has remained mostly negative since late January, suggesting traders have continued to pay to hold short exposure rather than chase the rebound. In other words, the move higher has not fully reset bearish conviction. Related Reading: Ethereum Profit-Loss Indicator Is Hovering Just Below Neutral – The Market Waits for A Catalyst The post argues that this skepticism has now reached a level that is unusual even by recent standards. “Observing such negative levels, with funding rates dropping below -0.01%, is relatively rare and indicates a significant buildup of short positions while investors remain in disbelief,” Darkfost wrote. “When this level of consensus forms, it is not uncommon for the market to move against the majority, triggering liquidations of the most aggressive positions and leading to short squeeze events, like the one observed yesterday.” That squeeze dynamic has already started to show up in the liquidation data. Darkfost noted that more than $3 million in short positions were liquidated twice within a single hour on Binance, a sign that even modest upside extensions are capable of forcing leveraged bears out of the market. In crowded setups, those forced exits can become self-reinforcing, as liquidations add incremental buy pressure and push price into the next pocket of vulnerable positions. The broader implication is not necessarily that Ethereum is entering a straight-line rally, but that the derivatives structure has tilted in a way that can amplify upside if sentiment remains slow to adjust. Darkfost framed the recent rally as the “early phase of the uptrend,” arguing that months of short accumulation could continue to provide fuel if traders remain positioned for reversal rather than continuation. There is, however, one important shift underway. Funding rates are now beginning to turn positive again, with Darkfost citing a reading around +0.01%, though the day’s data was not yet complete. If that change holds, the market structure would begin to look different: less driven by disbelief-fueled squeezes, and more by traders starting to align with the move. For now, the message from Binance’s ETH derivatives market is fairly clear. Shorts have piled in aggressively, but the more crowded that trade becomes, the more fragile it is if Ethereum keeps grinding higher. At press time, ETH traded at $2,318. Featured image created with DALL.E, chart from TradingView.com
Cardano is back at a point where things can go either way, and right now, one level is doing all the talking. Crypto analyst Ali Martinez points to $0.243 as the line that matters most. This zone has acted as a turning point in the past, either sending ADA higher or pushing it into deeper …
Firms and protocols are accumulating Strategy’s preferred stock to capture yield and bitcoin-linked exposure.
DoubleZero’s private fiber network aims to eliminate latency advantages like Hyperliquid’s Tokyo edge, but exchanges have yet to show an interest.
The Senate Banking Committee’s schedule for the week of April 20 contains one item: a nomination hearing for Federal Reserve Chairman candidate Kevin Warsh. The CLARITY Act is absent. Chairman Tim Scott, who controls the committee calendar, has not announced a markup date for the Digital Asset Market Clarity Act despite the Senate returning from …
The acquisition ties in the retail trading platform with advanced wallet technology meant to help protect users' assets.
AI's transformative impact on finance is unlocking new value and revolutionizing investment strategies with real-time insights.
The post Jan Szilagyi: AI is revolutionizing investment strategies, unlocking value from financial data, and enhancing real-time decision-making | Forward Guidance appeared first on Crypto Briefing.
TeraWulf shares slid in pre-market trading after upsizing its equity raise to $900 million to fund an AI data center campus.
Pakistan's regulatory shift could foster innovation and transparency in the virtual asset sector, potentially boosting economic growth and financial inclusion.
The post Pakistan’s central bank overrides ban on accounts for crypto service providers appeared first on Crypto Briefing.
The issuer plans to buy 20,000 shares from the trust at $25 per share as an initial seed creation basket to buy HYPE prior to the listing.
Arkham data shows 572 BTC moved from Gemini's hot wallet to Winklevoss custody addresses in two transactions in 17 hours, reversing part of last month's $128.5 million deposit.
Portland's strong defense and strategic plays position them as formidable playoff contenders.
The post Kirk Goldsberry: Key games define player careers, Portland’s defense is playoff-ready, and Dylan Brooks elevates team success | Bill Simmons appeared first on Crypto Briefing.
Ripple and Kyobo Life are piloting tokenized government bond settlement as South Korea builds rules for token securities and digital asset payments.
East Asia's nuclear power revival could reshape energy markets amid rising electric vehicle demand and geopolitical tensions.
The post Alex Turnbull: The Strait of Hormuz closure threatens global oil supply, Asia’s reliance on Middle Eastern crude creates vulnerabilities, and negative refining margins challenge operational viability | Odd Lots appeared first on Crypto Briefing.
The partnership could shorten settlement cycles from the typical two-day window to near real-time, the firms said.
US-listed spot Bitcoin ETFs posted $411.5 million in inflows Tuesday as Goldman Sachs filed for a Bitcoin-linked ETF, lifting 2026 net flows back into positive territory.
The race for the next Federal Reserve chair is getting interesting, and according to Lark Davis, Kevin Warsh might be unlike any central banker seen before. Warsh, nominated by Donald Trump to replace Jerome Powell, has disclosed a net worth between $131 million and $209 million. His 69-page filing reads more like a Silicon Valley …
After losing 63% of its value over several tough months and challenging investor confidence, XRP made a strong comeback in April. XRP’s recovery is driven by new privacy features for institutions, major retail adoption in Asia, and renewed interest in exchange-traded funds. Cryptorank data shows XRP is on track for its first positive monthly close since September […]
The post XRP flips green after a 63% wipeout as retail fear hits a 2-year extreme – now one Wall Street metric is spiking appeared first on CryptoSlate.