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Bitcoin fell to $68,507 on Friday morning, down 3.2% over the past 24 hours and 2.7% on the week, after a familiar pattern played out for the fifth consecutive week: a de-escalation headline followed immediately by an escalation headline. U.S. president Donald Trump extended his deadline for Iran to reach a ceasefire deal by 10 days and said talks were going “very well.” Brent crude dipped 1.3% to $106. Then the Wall Street Journal reported the Pentagon is looking at sending up to 10,000 additional ground troops to the Middle East, and whatever relief had built evaporated.The broader crypto market…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Department of Labor’s (DOL) proposed rule to allow crypto investment options for 401(k) retirement plans has cleared the White House’s regulatory review, bringing digital assets closer to the US’s $10 trillion market. White House Clears DOL’s Proposed 401(k) Rule The White House’s Office of Information and Regulatory Affairs (OIRA) has concluded its review of a proposed rule submitted by the Department of Labor that could pave the way for crypto exposure in 401(k) retirement plans. Notably, the Labor Department rescinded a 2022 guidance that discouraged fiduciaries…
Ethereum Wallet sold 7,302 ETH worth $15.14M at $2,073 after four years of staking via Lido. Initial 6,442 ETH deposit earned 860 ETH in rewards, increasing total holdings to 7,302 ETH. Total profit reached $5.33M from staking rewards and Ethereum price increase over four years. A long-term Ethereum holder has exited a large position after four years of staking activity. On-chain data shows the wallet unstaked and sold 7,302 ETH within two hours. The total sale reached about $15.14 million at an average price of $2,073. Long-Term Staking Strategy Comes to an End The wallet deposited 6,442 ETH into Lido…
Ukraine has complicated President Donald Trump’s efforts to stabilize oil markets amid the Iran war, amplifying risks for financial markets, including cryptocurrencies.For nearly a month, markets have been gripped by a single concern: the Iran war. Disruptions in the Strait of Hormuz – a critical oil chokepoint – have driven prices sharply higher, stoking fears of sticky inflation, a risk-off shift, and renewed Fed rate hikes.To cool things down, the Trump administration quickly lifted sanctions on Russian crude for the short term, opening the tap to compensate for oil supply disruptions caused by the Iran war.It came across as a…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Data shows Strategy is currently the main driver of corporate Bitcoin demand, as other companies have seen their purchase share shrink to just 2%. Strategy Behind Most Of The Bitcoin Treasury Buying From The Past Month In a new post on X, on-chain analytics firm CryptoQuant has highlighted how Bitcoin treasury demand is now being driven entirely by Strategy. Treasury companies refer to corporates that keep BTC on their balance sheet as a way of providing their investors with indirect exposure to the cryptocurrency. This model was…
Ethereum trades between liquidation zones, with leverage driving risk of sharp moves above $2,200 or below $2,050. Ethereum’s recent price swing reflects a fast-moving liquidation cycle in a market crowded with highly margined positions. As ETH slipped through dense liquidity bands, forced sell orders spilled into the next range and intensified the move. Traders now watch two new “flashpoints” as funding and liquidation maps suggest risk sits on both sides of the current price. Ethereum Faces Long Squeeze as Open Interest Collapse Signals Forced Exits According to a liquidation heatmap, ETH first moved into a thick concentration of long liquidations…
Sharp late-session selling and rising leverage suggest a bigger move is coming, with downside risk building.#XRP #slides #liquidation #wave #signals #weak #support
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure XRP is trading below $1.40. Weeks of consolidation have given way to renewed selling pressure. And beneath the price action, the derivatives market is telling a story the spot chart cannot. A CryptoQuant analyst tracking Binance derivatives data has identified a deleveraging cycle of unusual magnitude: XRP’s Estimated Leverage Ratio on Binance has collapsed from 0.59 in mid-July 2025 to 0.13 today — a 78% contraction in eight months. That is not a routine position adjustment. That is a near-complete unwind of the speculative infrastructure that was…
A Ripple executive says Africa’s crypto market is booming. Here’s the data behind the continent’s rapid digital asset growth. Africa is quietly becoming one of the most dynamic crypto markets in the world. A Ripple executive covering the Middle East, Africa, Turkey, and Central Asia recently shared striking data on X. The numbers tell a story that most people in global financial circles are not expecting. The continent is not catching up. In several ways, it is leading. Read also: Ripple Custody Expands Across 20 Regions Powering XRP and RLUSD Use Africa’s Crypto Adoption Numbers Are Hard to Ignore Sub-Saharan…
The unnamed “Big Four” firm that Tether selected to audit its $185 billion dollar-pegged USDT stablecoin is KPMG, the Financial Times reported Thursday, citing people familiar with the matter. Tether has also engaged PwC to prepare its internal systems ahead of the audit, marking the most concrete step yet toward full financial scrutiny for the world’s largest stablecoin issuer. CoinDesk has contacted Tether for comment on the matter.CoinDesk reported earlier this week that Tether had said it had entered a formal engagement with a Big Four auditor, but the stablecoin issuer did not identify the firm. CFO Simon McWilliams said…