CoinEx denies claims it served as $3.84 billion gateway to sanctioned Iranian crypto firms
Blockchain analysts TRM Labs says CoinEx facilitated more than £3.8 billion in blockchaintraced flows with sanctioned Iranian crypto entities. CoinEx disputes…
Crypto relief rally fails to shake persistent bearish derivatives signal
A relief rally tied to recovering U.S. equities lifted BTC and ETH off weekly lows, but bearish derivatives positioning and negative CVD suggest the rebound…
Bitcoin supply in loss reaches record high 10.83 million BTC
Almost 11 million bitcoin are now held at a loss, while longterm holders control a record 14.8 million coins. 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
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.…
Live markets: Bitcoin, ether lead $1 billion liquidation losses as AI trade keeps going
A liquidation flush took bitcoin to its lowest since early June before Micron's blowout earnings and SK Hynix's U.S. listing plans steadied the AI trade that…
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
Bitcoin back above $60,000, ETH, SOL recoup losses as AI stocks stage rebound
The token fell to about $59,000 before buyers stepped in, but the week's losses are steep across the board. A blowout Micron forecast lifted stocks and oil…
Upheaval at the Ethereum Foundation has some of crypto’s biggest names feeling bullish
In this week's edition of The Protocol Newsletter, we're looking at Ethereum's eventful week that started off with the launch of EthLabs, plus the layoffs at…