Will Markets Fall Further When $4.8B Crypto Options Expire Today?
Around 33,700 Bitcoin options contracts will expire on Friday, August 22, and they have a notional value of roughly $3.8 billion. This expiry event is smaller than last week’s and…
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Ripple Taps SBI to Distribute RLUSD Stablecoin in Japan, But XRP Falls
Ripple Labs has entered into a collaboration with SBI Holdings, a major Japanese financial services conglomerate, according to an announcement on Friday. The memorandum of understanding is to distribute Ripple’s…
From Boom to Slowdown: Crypto Stocks Lose Steam After 500% Surge
Crypto equities, which had strongly outperformed Bitcoin over the past 18 months, are now showing signs of fatigue. Amidst a broader market pullback, investors appear to be fleeing riskier corners…
BNB Token Treasury Company Windtree to Be Delisted From NASDAQ
The healthcare-focused company will cease trading its stock on the NASDAQ by the end of the week, as its treasury strategy has not yielded results comparable to those of its…
Bitcoin Opportunity? Binance Futures Sentiment Crashes to Local Lows
Over the past week, the market has been choppy as investors weigh mixed cues on jobs, inflation, and interest rates. Bitcoin briefly fell near $112,500 on Tuesday, before a modest…
Ethereum’s Short-Term Pain Could Spark its Biggest Rally Yet
Ethereum (ETH) saw a modest 1.2% gain on Thursday to trade at $4,250 after falling sharply this week as investors closely watch macroeconomic indicators. New data suggest that the short-term…
Ethereum Finally Flips Bitcoin — But Not in the Way You Think
Ethereum is now flipping Bitcoin for corporate treasury stock trading, according to crypto analyst Miles Deutscher, who cited data from Blockworks on Wednesday. The researcher opined that Ethereum “still has…
Kanye West Launches YZY Meme Coin on Solana, Hits $3B Before Crash
Rapper Kanye West, now legally known as Ye, has officially stepped into crypto. On Wednesday, the business mogul launched YZY, a Solana-based meme coin that briefly touched a $3 billion market…
Fed Governor Touts DeFi, Stablecoins, and RWA Tokenization in Pro-Crypto Speech
Speaking at the Wyoming Blockchain Symposium on Wednesday, central bank Governor Christopher Waller said, “the payment system is experiencing what I have called a ‘technology-driven revolution’.” He added that this…
What Is Cathie Wood’s Ark Invest Buying and Selling Amid This Market Correction?
The privately held company has made adjustments to the ETFs it manages, both reducing and adding to specific positions. Falling Prices Ark Invest, the investment management firm with more than…
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