Tag: decrypt.co

Canary XRP ETF Likely to Start Trading This Week After SEC Filing The fund could begin trading as early as Thursday. Mathew Di Salvo Go to decrypt.co

Why Bitcoin Traders Are Eyeing This Week’s Upcoming US Inflation Print Bitcoin traders are bracing for fresh U.S. inflation data that could steer Federal Reserve policy and dictate the market’s next major move. Akash Girimath Go to decrypt.co

Uniswap Token Soars Amid Fee Switch Proposal to ‘Align Incentives’ Uniswap’s token spike follows the protocol’s unveiling of a sweeping overhaul, including fee activation and a perpetual token burn to boost liquidity. Akash Girimath Go to decrypt.co

Ethereum Spot Order Activity Hints at Institutional Re-Entry, Analysts Claim On-chain data shows Ethereum whales are accumulating, signaling a potential local bottom as the Fusaka upgrade nears. Akash Girimath Go to decrypt.co

Bitcoin, Ethereum and XRP Jump as End to US Government Shutdown Appears Imminent Bitcoin rose over $106,000 for the first time in almost a week. Ethereum was up more than 7% over the past 24 hours. James Rubin Go to decrypt.co

The ‘Big Short’ Guy Just Bet $1.1 Billion Against AI Giants—And Markets Are Still Absorbing It Renowned hedge fund manager Michael Burry disclosed massive bearish positions on AI darlings after warning of market bubbles. The CEO of Palantir was not pleased. Jose Antonio Lanz Go to decrypt.co

Bitwise Solana ETF Sees Steady Demand as Bitcoin, Ethereum Funds Shed Assets Including seed investments, the fund has generated more than $545 million in net inflows. James Rubin Go to decrypt.co

Trump Brothers’ American Bitcoin Boosts BTC Holdings to $415 Million–Stock Seesaws The Nasdaq-listed BTC miner is now the 25th largest Bitcoin treasury. Mathew Di Salvo Go to decrypt.co

Can Bitcoin End Q4 on a Positive Note? Here’s What the Experts Think Bitcoin’s sideways drift has deepened concerns about year-end performance as macro risks weigh on sentiment and liquidity. Akash Girimath Go to decrypt.co

Bitcoin’s Relief Rally Lifts Spirits: Is it Time to Buy the Dip? Bitcoin’s rebound above $100,000 has revived hopes of a recovery, but analysts warn the bounce may be more technical than fundamental. Akash Girimath Go to decrypt.co

Bitcoin, Ethereum ETFs Shed $2.6 Billion in Assets Over the Past Week Bearish investors cashing out of Bitcoin and Ethereum ETFs has helped depress crypto market prices. One analyst told Decrypt it was nothing to worry about. Mathew Di Salvo Go to decrypt.co

You Could’ve Made a 100x Prediction Market Bet on Last Night’s Elections A Polymarket wager on the margin of Mikie Sherrill’s victory in the New Jersey governor’s race severely undervalued the correct outcome. Sander Lutz Go to decrypt.co

Crypto, Stocks Fall as Traders Pivot: How Low Can Bitcoin Go? Analysts identify key Bitcoin support levels from $98,000 to $85,000 after a 21% market drop driven by dollar strength and tight liquidity. Akash Girimath Go to decrypt.co

FTSE Russell Takes First Step Toward On-Chain Benchmark Data With Chainlink The collab brings FTSE Russell’s benchmark indices to blockchain for the first time, linking regulated market data with on-chain finance. Vince Dioquino Go to decrypt.co

Bitcoin Price Outlook: What’s Next After Red October? Bitcoin’s “Red October” is a healthy correction that could fuel a bullish November, targeting up to $150K by year-end, Decrypt was told. Akash Girimath Go to decrypt.co

Crypto Prices Slip Ahead of US Jobs Data as Bessent Flags Rate Risks Crypto slipped in thin weekend trade as investors prepared for U.S. jobs data and weighed comments from Treasury Secretary Scott Bessent. Sebastian Sinclair Go to decrypt.co

Red Uptober: Why Bitcoin Just Had Its Worst October in Years Analysts spoke to Decrypt about why October—dubbed “Uptober” for its historically strong returns—ended up being a downer for Bitcoin. Mathew Di Salvo Go to decrypt.co

Crypto Leverage Trading a ‘Major Problem’, Says Former FTX US President The former FTX US exec is launching a perpetual futures exchange for traditional assets, and wants to avoid the risks present in crypto. Ryan Gladwin Go to decrypt.co

Coinbase CEO Garners Praise, Pushback for Prediction Market Shoutouts in Earnings Call Brian Armstrong used Coinbase’s Q3 earnings call to drop a few terms that prediction market users had bet on. The remarks got mixed reviews. Logan Hitchcock Go to decrypt.co

Bitcoin Braces for Fed Balance-Sheet Shift as Liquidity Cycle Turns Analysts say the Fed’s pivot from quantitative tightening could propel Bitcoin to $200,000, citing key differences from 2019. Akash Girimath Go to decrypt.co

Gold on a Steady Decline, Is it Bitcoin’s Time to Shine? As gold cools, experts see a potential Bitcoin catch-up trade, but warn a major capital rotation is unlikely due to different investor bases. Akash Girimath Go to decrypt.co

Bitwise’s Solana ETF Draws $69.5M on Debut, Outpacing Rival Fund’s Launch The strong early inflows suggest institutions are favoring Bitwise’s direct staking model as Solana ETFs start gaining traction. Akash Girimath Go to decrypt.co

Argentine Stablecoin Use Surged Ahead of President Milei’s Midterm Election Win Argentines gambled by swapping pesos for dollar stablecoins this weekend as the local currency fluctuated in price. Ryan Gladwin Go to decrypt.co

Bitcoin Leverage Nears $40 Billion Ahead of Key Fed Vote Bitcoin’s climb to $116,000 has spurred a wave of leveraged bets ahead of Wednesday’s Fed decision, as traders brace for another rate cut. Akash Girimath Go to decrypt.co

Bitcoin Reclaims $115,000 as US–China Trade Hopes Lift Markets Bitcoin climbed over the weekend as signs of progress in U.S.–China trade talks lifted risk appetite across global markets. Akash Girimath Go to decrypt.co

Zcash Surpasses 2021 Peak as Traders Bet on Privacy Revival Zcash has returned to prominence as traders position ahead of its halving and a renewed appetite for privacy-focused assets. Akash Girimath Go to decrypt.co

Korean Public Company Bitplanet Kicks Off Treasury Plan, Buys Bitcoin as Market Rebounds Bitplanet, a publicly-listed firm backed by Metaplanet’s Simon Gerovich and Sora Ventures, has begun its daily Bitcoin purchases. Vince Dioquino Go to decrypt.co

Meet the Roaring Kitty of Beyond Meat: ‘I Would Feel Guilty Selling’ Beyond Meat bull Dimitri “Capybara Stocks” Semenikhin helped pump the latest meme stock, but said he’ll feel relieved once the chaos cools. Ryan Gladwin Go to decrypt.co

Public Keys: DraftKings Gets Predictable, Canaan Turns Around and Zelle Likes Stables DraftKings buys Railbird, Canaan rebounds from near-delisting, and Zelle embraces stablecoins in this week’s Public Keys. Stacy Elliott Go to decrypt.co

Bitcoin’s Large Bag Holders Remain Net Buyers as Leverage Unwinds Some see possibility for a renewed bullish setup for Bitcoin as key holders continue accumulating following the market’s historic wipeout. Akash Girimath Go to decrypt.co

Hyperliquid Token Defies Bitcoin Slump as Wall Street Fund Moves In HYPE climbed after a Nasdaq biotech firm struck an $888 million deal to create a new company set to hold and buy more of the token. Akash Girimath Go to decrypt.co