Bitcoin nears 2024 lows as options traders pay up for downside protection
Bitcoin and ether slid toward key support price levels. DeFi tokens were hit hardest, even as XLM and LIT bucked the broader market weakness. Source:CoinDesk
Ether, solana and dogecoin slide as Strategy's bitcoin sales plan pressures market
Bitcoin held below $60,000 as a surging dollar kept crypto pinned. Onchain demand stayed quiet through the week's losses, and Strategy's plan to possibly sell…
Tether trades at 7% to 10% premium in India. Exchanges say its just supply and demand
Executives at major platforms CoinDCX and CoinSwitch say the premium reflects a demandsupply imbalance and thin local liquidity. Source:CoinDesk
Bitmine lifts Ether holdings to 5.7M as it joins Russell 1000
Bitmine purchased about $43 million worth of Ether last week as it entered the Russell 1000 Index, bringing it closer to its goal of owning 5% of ETH’s supply.…
Bitcoin faces critical test as bulls aim to hold $60K: Did BTC bottom?
Bitcoin’s loose hold on $60,000 and soft futures markets raise questions about whether BTC has bottomed. Source:Cointelegraph
Crypto analytics firm Chainalysis proposes standards for blockchain tracing
The blockchain analysis company published a proposed ontology for how investigators can identify clusters of crypto addresses and link them together.…
BlackRock pushes deeper into DeFi with Ethena integration, sending ENA up 8%
The deal adds Ethena's yieldgenerating token to BlackRock's risk management platform and create a $100 million liquidity facility for BlackRock's tokenized…
Tom Lee blames crypto weakness on quarter-end 'window dressing' as Bitmine adds another $43 million of ETH
Bitmine made its smallest purchase since early May as Lee pointed to investors cutting losses before the start of the second half of the year. Source:CoinDesk
Tether's USDT jumps to 8.5% premium in India after crypto payment crackdown
Raids on crypto payment firms in Bengaluru disrupted the pipeline that feeds dollarpegged USDT to Indian platforms, pushing its local price more than 8.5%…
Vitalik Buterin says crypto’s most powerful idea isn't nearly ready for use
The Ethereum cofounder says indistinguishability obfuscation could one day act like a “trustless trusted third party,” but today’s versions remain far too slow…
Germany leads MiCA crypto authorization race as Europe's deadline looms
MiCA crypto licensing data shows 244 approved companies across EU and EEA jurisdictions, led by Germany with France and the Netherlands also among top hubs…
Ether treasury Sharplink buys $62.4M of ETH in 3 days
Sharplink bought nearly 40,000 ETH last week after an eightmonth pause, adding to signs the company has resumed its Ether accumulation strategy.…