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Bitcoin’s crash wipes out $5 billion in futures OI but options remain stable
This week’s crash has led to some of the highest losses we’ve seen since the collapse of FTX, wiping out billions from the crypto market. Bitcoin’s drop to below $50,000 […]
Bitwise CIO Believes The Crypto Crash Sets The Stage For Bitcoin To Thrive
In the aftermath of a tumultuous week that saw Bitcoin (BTC) plummet to a seven-month low of $49,000 on Monday, global financial markets were rattled by a significant downturn, sparking […]
SEC files motion pushing back against Coinbase’s discovery requests
The US Securities and Exchange Commission (SEC) has firmly opposed Coinbase’s motion to compel additional discovery in their ongoing legal battle. The dispute centers around Coinbase’s sweeping demands for documents […]
15,000 Morgan Stanley Advisors Start Tomorrow
The Bitcoin investment landscape is set for a major shift as Morgan Stanley, a leading global financial services firm, gears up to launch spot BTC Exchange Traded Funds (ETFs) through […]
Venture capital injects $527 million into crypto startups in July
Venture capital funds (VC) invested $527 million into crypto startups in July, up 14.5% year over year, according to DefiLlama data. The blockchain infrastructure sector raised $420.7 million last month, […]
Vitalik Buterin believes Ethereum Layer-2 networks are close to solving the interoperability problem
Ethereum co-founder Vitalik Buterin forecasts a rapid resolution of cross-Layer-2 interoperability issues within the Ethereum ecosystem. Buterin said in an Aug. 5 social media post that recent advancements and collaborative […]
BlackRock, Nasdaq submit filing to introduce options for spot Ethereum ETFs
BlackRock and Nasdaq made a move today to add options to the asset manager’s spot Ethereum (ETH) exchange-traded fund (ETF) iShares Ethereum Trust (ETHA), according to a filing with the […]
Aave Protocol Unfazed By Market Jitters, Surges 21%
Crypto lending protocol Aave restarts its bullishness as the market resets. AAVE, the namesake token of the platform, surged to nearly 20% in the past 24 hours, capturing the momentum […]
Binance thrives during market downturn with record $2 billion inflows despite India tax probe
Binance CEO Richard Teng revealed that the exchange saw record inflows and one of its highest trading volumes this year as investors panicked in the jittery market on Aug.5 Teng […]