Bitcoin drops to $58K on high US PCE inflation as trader sees 'manipulation'
Bitcoin fell to 21month lows as stock market volatility accompanied threeyear highs in US PCE inflation, leading to $600 million in hourly crypto liquidations.…
Quant fund says bitcoin is near a major inflection point as rare onchain signals align
Hyperion Decimus' Chris Sullivan said four historically reliable indicators have aligned, leaving bitcoin one move away from confirming a major turning point.…
Bitcoin tumbles to new multi-year low of $58,000, but a short-squeeze setup emerges
Derivatives markets signal that betting on further slide in prices is getting overcrowded, setting up for a potential snapback. Source：CoinDesk
Circle and Nomura join forces to target a $440 billion daily foreign exchange market in Japan
The stablecoin giant and the Japanese financial corporation plan to deploy crossborder foreign exchange settlements as early as next year. Source：CoinDesk
Micron delivers blowout earnings, surges 16% and deals crypto bulls a blow
Micron Technology surged after blockbuster earnings and strong guidance, lifting AI memory stocks. Source：CoinDesk
The Wall Street equivalent of roster-cut day happens Friday. It’ll be one of the biggest volume days of the year.
FTSE Russell is undertaking its semiannual rebalancing — what the index provider calls its reconstitution — and the size of the undertaking could impact…
Forget max pain theory. Bitcoin is well below the $72,000 magnet going into $10 billion options expiry
The popular max pain theory isn’t working out as bitcoin trades far from the $72K level a day ahead of a $10 billion quarterly options settlement.…
MemeCore's M token suddenly crashes 80% with no clear trigger
The token fell from nearly $3 to about $0.50 in hours, wiping out close to $3 billion in market value, with no exploit or announcement to explain it. Onchain…
Ripple's RLUSD stablecoin goes live in Japan after regulatory approval
Japan's financial regulator cleared the U.S. dollarbacked token as a new category of payment instrument, letting SBI VC Trade offer it to institutions and…
Bitcoin has a new line in the sand. Thursday’s core PCE could stress test it.
The market has found a new support level and it could be tested following Thursday's U.S. inflation data. Source：CoinDesk
XRP slides 2.8% as weak bounce keeps $1 support in focus
Sellers broke another support level on heavy volume, while the recovery failed to reclaim the zone that would ease downside pressure. Source：CoinDesk
Kalshi seeks funding at $40B valuation, nearly doubling last raise: FT
Kalshi is reportedly in talks to raise new capital at a $40 billion valuation, reflecting growing investor confidence in regulated prediction markets.…