CME has lost its position as the largest Bitcoin futures exchange to Binance for the first time since November 2023.
Bitcoin’s rebound to around $71,000 has reignited a familiar bullish conversation about price, liquidity, and positioning. It has also exposed a less comfortable fact inside the network itself. The fee market has barely moved. For a market that still treats on-chain congestion as a sign of organic demand, that divergence deserves more attention than another […]
The post Bitcoin on-chain activity is a ghost town with price being controlled by corporate products appeared first on CryptoSlate.
Jim Rickards has spent decades at the intersection of intelligence, finance and geopolitical strategy. He was involved in the construction of the PetroDollar system in the 1970s. Which makes what he said this week particularly interesting. Discussing which currencies Iran might be using to collect its reported Bitcoin toll from oil tankers passing through the …
OpenAI's planned Stargate project with Nvidia and Nscale aimed to deploy thousands of GPUs to support AI workloads in Britain.
Bitcoin may have survived the worst of the shock, but the data says this is stabilization, not escape velocity. A Bitcoin Reset Underway? According to CryptoQuant, the current conditions suggest a reset is underway, with Bitcoin working through a broad deleveraging phase. Yet even as market stress eases, the top cryptocurrency still hasn’t carved out a definitive bottom in this bear cycle. Related Reading: Bitcoin Rallies Above $71K —But Analysts Warn The Peace Is Only Temporary Analyst MorenoDV_ believes Bitcoin’s on‑chain/derivatives “stress cycle” indicators are rolling over, suggesting the market is exiting an acute stress phase, but not yet entering a clean bullish reversal regime. The analyst says that alignment between Bitcoin’s Short-Term Sharpe Ratio and the 30-day Buy/Sell Pressure Delta is signaling one of the strongest risk/reward profiles of the current cycle, but it still calls for patience. A stress cycle is a phase marked by elevated unrealized losses, forced deleveraging, compressed futures basis and defensive options positioning. The analyst starts by looking at the Sharpe Ratio. The current value has dropped far into negative territory, hitting around −40, a level that has historically signaled major buying zones. In past cycles (2015, 2019, 2020, and 2023), every time the ratio fell below this line, Bitcoin later saw a strong repricing higher. Bitcoin Sharpe Ratio (Short Term). Source: CryptoQuant. We are now sitting in the same red-circled territory shown in the graphics, the analysis say. The Pressure Delta Explanation According to the analyst, the Buy/Sell Pressure Delta helps explain where we are in the bottoming process. Bottoms don’t happen all at once: they unfold in stages. Related Reading: Can’t Move Your Crypto?— Traders Trapped In South Korean Exchanges First, there’s a big wave of selling (orange/red spikes below −0.05) when forced sellers and panicked investors dump their coins. Then, selling pressure slowly cools down and moves back into the green zone as fewer people are willing to sell. The best entries usually show up when the delta finally moves into the blue “Buy Pressure” area, which means real buying demand is coming back, not just that selling has slowed. Bitcoin: Buy/Sell Pressure Delta (30). Source: CryptoQuant. The report claims that the heavy selling phase is likely behind us and we have entered the middle stage. The delta is recovering but hasn’t yet reached strong buy territory. Historically, that gap is where some of the best opportunities have appeared. This analysis aligns with the QCP Market Colour from yesterday. Their report claimed Bitcoin’s movement looks more like a temporary pause than a lasting resolution There’s still risk, the analyst warns. The macro backdrop, liquidity, and weak sentiment could drag this out. But for investors who think in cycles, the data suggests we’re closer to the start of a new opportunity than to the end. Yesterday, Bitcoin bounced back and reclaimed $72k. At the moment of writing, BTC trades for the low $71ks on the daily chart. Source: BTCUSD on Tradingview. Cover image from Perplexity. BTCUSD chart from Tradingview.
BlackRock's collaboration with Galaxy Digital for its Ethereum ETF could accelerate institutional adoption of crypto staking, enhancing market trust.
The post BlackRock taps Galaxy Digital as validator for its staked Ethereum ETF appeared first on Crypto Briefing.
Bitmine expanded its buyback to $4 billion as BMNR began NYSE trading after a fresh 71,252 ETH purchase lifted holdings to 4.8 million.
The post Bitmine takes BMNR to NYSE with $4 billion buyback expansion appeared first on Crypto Briefing.
A prediction making rounds on social media this week claims XRP could hit new all-time highs above $4 within six days, pointing to a weekly chart squeeze as the primary signal. The claim has picked up traction in the XRP community, though analysts who follow the token closely are offering a more neutral perspective. XRP …
Tether launched QVAC SDK, an open source toolkit for building and running local AI apps across phones, desktops, and servers.
The post Tether launches QVAC SDK for local AI across phones and desktops appeared first on Crypto Briefing.
The Solana price analysis right now feels like a standoff because institutions are quietly loading up, indicators are hinting at a shift, and yet price… just sits there. Hovering around a critical zone, refusing to make the call everyone’s waiting for. So, it’s one of those moments. Calm on the surface, tension underneath. Institutional Demand …
Q1 digital asset review: geopolitical conflict and Fed caution led to declines, but institutional flows and regulatory clarity returned in March, building a durable foundation for Q2
Massive transfer of wealth to younger, crypto-native users and rising payment volumes challenge dominance of Visa and Mastercard
The company holds nearly 4% of ether's (ETH) total supply, but shares have struggled alongside that crypto.
Operation Atlantic, a joint US, UK and Canadian operation, froze more than $12 million tied to crypto approval phishing and identified over 20,000 victims.
The tokenization firm Securitize accounts for roughly 70% of the U.S. tokenization market and works with BlackRock and Apollo.
Onchain data shows WLFI deposited 5 billion of its own tokens as collateral to borrow stablecoins it then sent to Coinbase Prime, pushing a lending pool to 100% utilization and leaving depositors unable to withdraw.
Delo did not specify whether he made the donation in fiat currency or crypto, but he expressed support for a proposed U.K. government moratorium on political donations made in cryptoassets
The XRP price analysis right now feels like a classic case of hype meeting reality and losing. After briefly flirting with $1.38 on April 8, XRP got slapped right back down to $1.33, as if the market collectively decided the so-called “ceasefire rally” wasn’t worth the follow-through. Turns out, a headline-driven pump without real volume …
Tok-Edge's Redemption Token could revolutionize crypto fund liquidity and transparency, potentially attracting more institutional investors to digital assets.
The post London-based Tok-Edge unveils Redemption Token as firm reaches $15M valuation appeared first on Crypto Briefing.
Borderless data shows stablecoin FX is nearing parity with traditional banking rails across key markets like LATAM and East Africa.
Strategy (formerly MicroStrategy) is claiming its aggressive Bitcoin purchases have yielded a nearly $2 billion gain this year despite the top asset's clear price struggles. However, a close look at the enterprise software company's legally binding regulatory filings tells a much redder story: under standard accounting rules, the firm is nursing a multi-billion dollar unrealized […]
The post Strategy made nearly $2 billion on Bitcoin this year but SEC filing hides a far bigger number appeared first on CryptoSlate.
Crypto analyst Cupra has revealed that Bitcoin has printed a historical aggressive recovery setup, signaling that a rally to the upside may be on the horizon. The analyst predicted that BTC could rally to a new all-time high (ATH) of $150,000 as the next bull phase approaches. Bitcoin Prints One of the Most Aggressive Setups In Years In an X post, Cupra stated that Bitcoin has just printed one of the most aggressive recovery setups that the market has seen in years. He noted that such a setup played out in 2019 after months of “pain,” which then led to a 282% explosive move for BTC. Now, the same structure is playing out, with the analyst noting a similar reset but with even more liquidity. Related Reading: Bitcoin Just Deviated From The Bearish Trend That Began In January And $86,000 Could Be Next Cupra noted that this is not a coincidence, as this is how the bull run starts, with sentiment destroyed while liquidity builds and smart money begins to position. He added that the market is about to shock everyone and that a Bitcoin rally to $150,000 is not a “meme” but the next phase. His accompanying chart showed that BTC could also rally to a cycle peak of $420,000. In another X post, the analyst doubled down on his assertion that Bitcoin could soon see a parabolic reversal to the upside. He noted that 35 bars are up while 12 bars are down, which is the “perfect cycle structure.”Cupra added that every time this happens, a massive expansion follows. Cupra also revealed that Bitcoin has just completed the 12-bar reset and that this is the launch zone. In line with this, he declared that the next leg will be violent and won’t be a “normal pump.” The analyst added that the parabolic phase is starting now. BTC Still At Risk Of A Decline Crypto analyst Colin has predicted that Bitcoin remains at risk of a decline despite claims that the leading crypto has formed a bottom. He highlighted a bear flag on his chart, suggesting BTC could rally above $77,000 in the short term following the 2-week ceasefire agreement between the U.S. and Iran. However, the leading crypto is likely to continue its downward momentum after this relief bounce. Related Reading: Bitcoin Golden Cross Trend Enters Flow State: Why The Next 2-3 Weeks Are Important Crypto analyst Aralez warned market participants to be careful with any Bitcoin trades right now. He noted that price is sitting in a key zone after clearing a large liquidity shelf and that locally, the structure still looks bullish. However, there are two main things to monitor now, which are whether the market will show weakness soon and if the price will stall in a range. At the time of writing, the Bitcoin price is trading at around $71,000, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
Bitcoin avoids major volatility after the first of the week's two key US inflation reports, while a trader sees a "new upwards leg" coming for BTC price action.
Bitcoin developers have built a working prototype to protect wallets from quantum attacks, allowing users to recover funds even if emergency security changes are activated. The solution addresses risks affecting up to 6.9 million BTC and signals proactive steps toward quantum-resistant Bitcoin security. Bitcoin: Prototype Designed for Quantum Emergency A senior Bitcoin developer and Lightning …
Bitmine uplists to the NYSE, expands its share buyback, and continues building one of the largest ETH treasuries.
BitMine Immersion Technologies has officially moved its listing from Nasdaq to the New York Stock Exchange and increased its stock repurchase program to 4 billion dollars, signaling confidence in its market strategy. Over the past nine months, the company has acquired roughly 4.803 million ETH, representing 3.98 percent of the total Ethereum supply, reaching more than 79 percent of …
The company's Nasdaq debut was a turning point toward infrastructure-led growth in the digital economy, said Novogratz.
The integration covers gas costs to lower barriers for retail users. Binance doesn't operate the markets directly, instead providing access to a third-party application.
This collaboration could accelerate AI advancements, enhance cloud infrastructure efficiency, and drive innovation across industries.
The post Intel and Google expand collaboration to integrate CPUs and IPUs at scale appeared first on Crypto Briefing.
Hyperliquid data showed a 145 million Fartcoin position unwound across wallets, with the platform redistributing about $849,000 in gains to opposing traders.