Summary Trading firms suffered losses and cut activity, compounding the crypto market’s decline after Oct. 10. A technical flaw on Binance caused mass liquidations, prompting a user refund and debate over market manipulation. Analysts expect more stress before stabilization, with some blaming natural unwinding and others citing price manipulation. The cryptocurrency market has experienced sustained…
Ethereum price is breaking through major support levels, falling below key high-time-frame zones and signalling increasing downside pressure that may mark the early stages of a deeper bearish cycle. Summary ETH now sits inside a lower trading range with weakened momentum Any bounce is likely to form a lower high within the downtrend Market structure…
Kalshi raises $1B to lead global prediction markets. Summary Kalshi, a CFTC-regulated U.S. prediction market, raised $1B at an $11B valuation, led by Sequoia and CapitalG. The platform’s annual transaction volume hit $50B, up from $300M a year prior—a more than 100x increase. Kalshi now rivals Polymarket ($8B value), as the sector attracts new entrants…
Ethereum falls below $2,700 as cryptocurrency market decline continues. Summary Ethereum, Bitcoin, and other tokens declined to multi-month lows, triggering liquidations of leveraged positions. Spot Bitcoin and Ethereum ETFs saw consecutive net outflows, while some other networks attracted inflows. Bitmine bought more Ethereum during the decline, but treasury firms now face substantial unrealized losses. Ethereum…
Shares of Michael Saylor-led Strategy could be at risk as Bitcoin price has fallen to multi-month lows below $100,000. Summary Shares of Strategy have dropped by over 40% in the past month. Bitcoin’s ongoing downtrend has continued to pressure MSTR share prices. JP Morgan analysts are concerned that a potential delisting from major indices could…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Orbs has introduced dSLTP, a decentralized system that enables on-chain stop-loss and take-profit orders for DEX users without relying on centralized intermediaries. Orbs, the decentralized Layer-3 (L3) blockchain, has introduced dSLTP, the first-ever decentralized…
UK introduces tougher cyber law to protect business and public. Summary Bill expands cyber regulations to more tech and service sectors Noncompliant firms risk penalties based on annual turnover Law targets AI misuse and aligns UK standards with EU norms The UK government has formally introduced the Cyber Security and Resilience bill to Parliament, according…
VerifiedX, Crypto.com partner for $1.5B custody, liquidity deal Summary VerifiedX partners with Crypto.com for $1.5B asset custody and liquidity. Partnership provides institutional clients with regulated custody, layered permissions, and OTC trading. Builds on prior collaboration and responds to rising institutional demand for compliant digital asset solutions. Blockchain infrastructure provider VerifiedX has secured a partnership with…
Bitcoin ETFs see $903M net outflow, price nosedives as Blackrock and Grayscale see major outflows. Summary U.S. Bitcoin ETFs saw $903M net outflows on Nov. 20, the second-highest since early 2024, dragging Ethereum ETFs after eight straight days of losses. BlackRock and Grayscale recorded the largest withdrawals as institutional investors took profits ahead of year-end,…
Toobit launches $1M rewards campaign with Chris Sharma Summary Toobit, with Chris Sharma, unveils a $1 million trading campaign offering crypto prizes, high-end devices, and branded merchandise. The promotion rewards users for onboarding, deposits, and trading activity across various platform services. Toobit also spotlights its $50 million risk reserve fund, protecting traders against platform-related incidents—but…
