Bitcoin Options Market Now Big Enough to Move Spot Prices, FalconX Says
The Bitcoin (BTC) options market has grown so large and so structurally diverse that it is now influencing the price of bitcoin itself, according to a report by trading firm FalconX. Open interest in BTC options has swelled to nearly $80 billion, up from around $8 billion at the start of the year, putting it […]
Chainlink Price Stands at $22.12 as Bulls Eye $23 Resistance: Can They Push Higher?
Chainlink, a decentralized oracle network has hinted a new market structure in it price. During today’s Asian trading session, market data reveals that LINK opened it market with a price value of $22.07, this opening price has added more gain to it weekly stand with over 4% gain. Chainlink Slips 1.98% Today as Price Falls […]
US shutdown and weak jobs data drive record $6B crypto inflows
A US government shutdown and the weak jobs report have pushed digital asset investment products to their strongest weekly inflows on record. According to the latest CoinShares report, crypto-related investment products attracted $5.95 billion in inflows last week, pushing total assets under management (AUM) to an all-time peak of $245 billion. The rally did not […]
AI/HPC Bitcoin Miners Rally as AMD Soars 30% on OpenAI Deal
The wave of massive contracts in the artificial intelligence (AI) and high-performance computing (HPC) sector continues, with the latest coming from OpenAI, which has agreed to buy tens of billions of dollars worth of chips from Advanced Micro Devices (AMD). The deal, according to the Financial Times, could also see OpenAI acquire up to a […]
Arbitrum (ARB) Eyes $0.70: Is a Breakout Imminent?
Arbitrum (ARB) is currently trading at $0.4455, showing a 0.41% increase in the last 24 hours. The trading volume has reduced by 18.97% and is currently standing at $189.51 million. These figures reflect the decreased market activity even with the current price movement. However, ARB experienced a 5.85% price growth in the past week. The
Stellar Price Outlook: XLM Builds Momentum Toward the $0.50 Breakout Zone
Stellar (XLM) is on the way to its upward momentum with an appreciation in its value, mirroring the overall market sentiment. Over the last 24 hours, the token has remained relatively stable, reflecting healthy price consolidation after a week-long rally. XLM has recorded a 9.02% surge over the past seven days, underscoring renewed buying interest from
CELO Crypto Soars +25% On Nightfall Launch. Is This The Breakout Moment For Enterprise-Grade Crypto Payments?
Imagine working outside your home country and wanting to send some money back home, say $500. Traditional remittance apps charge high fees, take days and sometimes require your relatives to travel to a bank or an agent. Now flip that! What if they could receive the money instantly on their phone, in stablecoins and spend […]
Is Abracadabra Cursed? Third Major DeFi Hack This Year Siphons Another $1.8M
DeFi lending protocol Abracadabra has fallen victim to another exploit, losing approximately $1.8 million in MIM tokens in a sophisticated attack that leveraged a flaw in its “cook” function. The breach marks the third major hack linked to Abracadabra this year, deepening concerns about the platform’s contract security. Earlier in May, the protocol repurchased 6.5 […]
Bitcoin ETFs Achieved Second-Largest Weekly Inflows in History as Corporate Buying Hit $1.2B
It’s an exciting time for $BTC as Bitcoin treasury companies added $1.2B in BTC to their reserves last week, while analysts speculate that Bitcoin’s new all-time high resulted from Bitcoin ETFs. Metaplanet led last week’s Bitcoin purchases by buying 5,258 Bitcoins on Wednesday, while Strategy continued to accumulate with an additional 196 Bitcoins bought. However, […]
Cardano Price To Hit $7.82 This Bull Run — Analyst Says It’s ‘On Track To Meet Targets’
The Cardano price is showing signs of strength, with one analyst suggesting it may be preparing for a rally to reach $7.82 during this bull run. Crypto analyst Javon Marks believes Cardano is now following the same bullish path that it did in the last market cycle. He explains that after breaking out before, Cardano […]
Why Ethereum (ETH) Could Be the Biggest Winner of the Global Liquidity Surge
Bitcoin reached a record high this week, but Ethereum is also seeing a major resurgence. In fact, the altcoin may be quietly positioning itself for a significant rally as global liquidity continues to expand, according to new market analysis. The US M2 money supply, which is an important measure of liquidity, has climbed to a […]
BNB Hits New Highs Without Peak Usage: What’s Next?
BNB has reached a new record price, trading near $1,200 with a daily trading volume of over $3 billion. The token rose 3% in the last 24 hours and 20% over the past week, extending a strong upward trend. Market observers note that price momentum is outpacing network activity, suggesting further room for growth if […]