Crypto Traders Brace for $1.5B Bitcoin Options Expiry Today
The end of the week is upon us again, with another crypto options expiry event as spot markets continue to correct.
Around 20,500 Bitcoin options contracts will expire…
Ethereum Price Risks Falling to $1K Next, Analysts Warn
Market analysts say Ether’s (ETH) price may drop to $1,000 if a breakdown from a bearish chart pattern is confirmed.Key takeaways:Ether’s bear flag targets 50% ETH price drop to $1,075. Ether risks over $1.70 billion in long liquidations if…
Bitcoin Reclaims $77.5K As Altcoins Finally Show Strength
Key points:Bitcoin is at a critical juncture, as a close below $76,000 may deepen the pullback toward $70,000.HYPE and ZEC are in an up move, but most other major altcoins are struggling to find support. Bitcoin (BTC) has risen above…
XRP Risks 50% Dip to $0.65 Despite Persistent ETF Inflows
XRP (XRP) has fallen 12% over the last five days, and the confirmation of a bearish pattern now points to the risk of more losses ahead.Key takeaways:XRP/USD’s bear pennant pattern on the three-day chart points to a possible 52.5% drop…
South Korea, KRW-pegged stablecoins, and a look at Tether’s next possible move
Tether is reportedly making an Asia bet, with new trademark filings found in South Korea.
Additionally, the stablecoin giant has also expanded its presence around Bitcoin , with a stake in Twenty One Capital.
Tether’s push for a KRW…
EU Reviews Stablecoin Interest Ban in Potential MiCA Overhaul
The European Commission has opened a review of its landmark crypto regulation, signaling that the European Union is considering updates to its landmark digital asset framework just two years after it took effect.The commission on Wednesday…
Map Protocol Loses 96% After Quadrillion Token Exploit
MAPO, the native token of the Map Protocol, fell 96% on Wednesday after an exploit of the Butter Network cross-chain bridge, which allowed an attacker to mint a quadrillion MAPO tokens.The malicious mint was tens of thousands of times…
Nakamoto Reverse Stock Split as it Faces Nasdaq Delisting
Bitcoin treasury company Nakamoto is moving ahead with a shareholder-approved 1-for-40 reverse stock split on Friday in an effort to avoid delisting from the Nasdaq Stock Exchange.The company received a notice from the Nasdaq on Dec. 10,…
Ethereum Foundation Faces Rising Wave of Departures
TLDR
Carl Beek and Julian Ma confirmed they will leave the Ethereum Foundation on Monday.
Their exits extend a broader wave of departures across key Ethereum initiatives.
Barnabé Monnot and Tim Beiko have also stepped back…
SOL Negative Funding Rate Highlights Falling SOL Demand
Key takeaways:Solana perpetual futures funding rates flipped negative, signaling excess demand for bearish positions.Rival networks like Base and Hyperliquid pose direct threats to Solana by aggressively capturing DEX market volume.Solana's…