The economics behind Aave proposal to ditch 6 chains that earn loose change in revenue
A governance proposal would shut deployments on Sonic, Scroll, zkSync, Metis, Soneium and Aptos, and retire 50 asset markets elsewhere. Deposits on some have…
South Korean crypto trading surges amid stock market plunge
South Korean crypto exchanges saw a fresh spike in trading activity as the country’s stock market had several days of significant downside. Source:Cointelegraph
Institutional crypto trading hits a record 72% as Wall Street calms crypto's wild swings
A new report from market maker Wintermute found that institutions now dominate crypto trading, driving lower volatility, selective altcoin flows and growth in…
Hedge fund with $1.1B in Bitcoin miner stocks seeks capital after AI sell-off: FT
The FT said Situational Awareness had approached investors and lenders after borrowing amplified losses during July’s AI stock selloff. Source:Cointelegraph
Why you shouldn’t worry about the stock market’s break below its 50-day moving average
Movingaverage timing systems stopped working several decades ago. Source:MarketWatch
Crypto's resilience tested as oil rises after Iran strikes, Fed signals rates could still rise
Bitcoin held near $64,000 despite the Fed's hawkish split, Iranian ballistic missiles and an 8% surge in oil overnight that sent the Dow down 2.2% and the…
Bitcoin and ether markets are ruled by perps. SpaceX showed how far their influence can go
Perpetual futures drive much of the price discovery for bitcoin and ether. When traders pointed the same machinery at a private company, they priced the…
Investors are overlooking healthcare stocks and should consider these top picks, says JPMorgan
Eli Lilly, AbbVie and Danaher Corporation are among the bank’s top picks for stocks in the sector. Source:MarketWatch
Bitcoin ETF inflows return as Ether funds slip into outflows
US spot Bitcoin ETFs recorded $32.1 million in inflows on Wednesday despite Bitcoin dipping below $64,000, ending a foursession outflow streak.…
Bitcoin, ether whipsaw wipes out $286 million in leveraged bets
Price volatility around the Federal Reserve's rate decision cleared positions for roughly 90,000 traders, with unusually equal losses for bulls and bears.…
Bitcoin analysts agree the Fed's hold was hawkish. They don't agree on what happens next.
Four analysts agree the Fed's hawkish hold changes the calculus for risk assets, but they split on whether bitcoin's real test is already here or still six…
Ether, XRP flat as chip stocks steady on Samsung's 250-fold profit surge
Crypto's majors barely moved as Asia's semiconductor selloff eased. Most are still lower over the week, with HYPE down 8%. Source:CoinDesk