ETH Hits 13 Month Low As BTC, Altcoins Crumble: Is $1.4K Next?
Key takeaways:Ether derivatives metrics flip to a heavily bearish bias as cascading liquidations cut off a relief bounce. A critical ZCash bug discovered by AI triggers widespread fears of contagion, driving a contraction in Ethereum…
Maelstrom Predicts Worldcoin Token Surge to $5
Arthur Hayes’ investment firm Maelstrom said Worldcoin could surge to as high as $5 per token over the next few months, with WLD acting as a crypto proxy for the AI boom.“The AI mega IPOs are coming — and it appears the market has…
SEI faces selling pressure – Is a recovery to $0.06 still possible?
SEI’s price action is struggling to find support, with the $0.049 level broken. Selling pressure remains strong, and derivatives data show traders turning cautious. At press time, Open Interest (OI) has fallen 7% to $29 million,…
Crypto Tax in Illinois FY2027 Budget is One Step Away from Becoming Law
Some digital asset industry advocates are pushing back against a provision in a $56 billion state budget passed by the Illinois General Assembly on Monday, due to its impact on crypto users. In a Senate bill included as part of the Illinois…
Canton Network Developer Digital Asset Seeks $300M From A16z Crypto
Key TakeawaysA16z crypto leads a ~$300 million round at Digital Asset Holdings, valuing the company at ~$2 billion, per Bloomberg.Canton Network has processed over $6 trillion in tokenized assets, drawing Visa, DTCC, and Goldman Sachs as…
Ethereum (ETH) Builds Short Squeeze Potential Near $2,500 as Whales Accumulate
TLDR:
Ethereum (ETH) holds support despite growing short interest clustered above current price levels
Whale activity remains dominant as retail traders stay cautious amid mixed market sentiment
Large liquidity pools above the…
Arthur Hayes Dumps HYPE, NEAR Holdings Ahead of ‘Mega’ AI IPOs
BitMEX co-founder Arthur Hayes said he dumped his Hyperliquid (HYPE) and Near Protocol (NEAR) token holdings, reversing course after previously assigning aggressive upside targets to both assets.Hayes cited higher energy prices due to the…
DeXe falls to $17.19, but here’s why bulls can still remain confident
On Wednesday, the 3rd of June, DeXe rallied almost 36% in a matter of hours. Driven by a massive surge in short liquidations, the crypto AI token’s price surge was accompanied by spot accumulation.
Yet, this buying was not enough to…
Crypto Tax Proposals Weighed Ahead of Tuesday House Hearing
The US House Ways and Means Committee circulated seven discussion drafts of bills to address digital asset taxation ahead of a Tuesday hearing on the matter, covering stablecoins, staking, mining and transactions.Among proposals in the…
$4M XRP Liquidity Rollover Marks Major Achievement for Flare
The pool closed with over $25M in four-month volume and had already hit double-digit fixed XRP rates by May, as seen on historical charts.
Flare Network’s XRP-based…