Stablecoins Behave Like FX Markets as Liquidity Splits: Eco CEO
Stablecoins behave like a fragmented foreign exchange market, where liquidity is spread across blockchains and pools, creating price differences and uneven access to dollar liquidity.Moving stablecoins looks simple on the surface. But under…
Arthur Hayes Breaks Down Bitcoin’s Fate in Four Iran War Outcomes
Hayes's core view is that BTC's price is driven by the quantity of money, not its cost, meaning even rate hikes won't necessarily hurt it.
Bitcoin’s near-term direction…
Ethereum Foundation Exposes 100 North Korean Operatives Infiltrating Crypto Companies
Key Takeaways
Six-month investigation identifies 100 North Korean agents working in cryptocurrency companies
Ethereum Foundation-backed research exposes covert developer network across blockchain industry
DPRK-linked…
Bitcoin, Altcoins Soar After Iran Opens Strait of Hormuz
Key points:Bitcoin soared above $76,000, opening the doors for a further rally toward $84,000.Several major altcoins are showing strength, signaling broad-based buying by the bulls.Bitcoin (BTC) skyrocketed above the $76,000 resistance on…
ETH Accumulation Wallet Balances Rise By 33%: Will ETH Price Follow?
Ether’s (ETH) rally to $2,400 is nearly 38% above its swing low at $1,750, but is ETH’s price move simply a momentum trade, or do longer-term data points suggest a paradigm shift at play?ETH accumulation addresses absorb 6.5 million…
Humanity Protocol jumps 12% – Does price action signal an 18% rally ahead?
With a 12.30% gain, Humanity Protocol has extended its bullish streak for the third straight day.
In fact, the activity of the top 100 holders and the price action suggest that the asset could potentially continue its upward momentum…
Russia Introduces Bill To Criminalize Unregistered Crypto Services
Russia’s government submitted a bill to its parliament’s lower house in an effort to amend the country's legal code to attach criminal liability for crypto services offered without regulatory approval or licensing.In a draft law sent to the…
DeFi Hacks Surge After $280M Drift Protocol Exploit
At least 12 DeFi protocols and crypto businesses have been attacked in just over two weeks since the $280 million Drift Protocol exploit on April 1.Attacks aimed at crypto protocols or companies since the start of April include CoW Swap,…
Bitcoin Liquidates $660M In Shorts As BTC Price Rallied Past $78K
Bitcoin (BTC) rallied above $78,000 to hit another 10-week high on Friday as crypto and equity markets reacted to cooling tensions in the US and Israel war in Iran. The rally above range highs also resulted in a large liquidation of…
Schwab Crypto Launches Spot Bitcoin and Ethereum Trading in Phased Rollout
TLDR:
Schwab Crypto launches spot Bitcoin and Ethereum trading in phased retail rollout across US clients
Service charges 75 basis points per trade while integrating crypto into Schwab brokerage ecosystem
Paxos provides…