Crypto prices today (Oct. 28): BTC, ETH, XRP, BNB retrace ahead of FOMC meeting
Crypto prices today (Oct. 28): BTC, ETH, XRP, BNB retrace ahead of FOMC meeting
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Hyperliquid price dips as key indicator warns of pullback
Hyperliquid price rally appears to be cooling as a TD Sequential sell signal hints at short-term weakness despite strong on-chain catalysts. Summary Hyperliquid trades at $48.30, down 2.8% in 24 hours. TD Sequential indicator warns of a possible short-term pullback. HIP-3 upgrade and listings keep long-term outlook bullish. Hyperliquid was trading around $48.30 at press…
Kalshi files federal lawsuit against New York regulators
Kalshi has filed a lawsuit against New York regulators, as the state is looking to classify its sports event contracts as unlicensed gambling and enforce a cease-and-desist order threatening civil and criminal penalties. Summary Kalshi has sued New York regulators in federal court after receiving a cease-and-desist notice over its sports event contracts. The company…
Ethereum treasury sells $40M in ETH to buy back 600k shares
Ethereum treasury company ETHZilla has sold roughly $40 million worth of ETH from its treasury to support a share buyback program as it looks to narrow the gap between its stock price and net asset value. Summary ETHZilla sold $40 million in ETH to fund share buybacks. Around 600,000 shares were repurchased for $12 million….
ETH price tests $4,100 support after double bottom forms
ETH price is testing a crucial support level after carving out a bullish reversal pattern. Could a bounce from here put it back on track for a strong upward move? Summary ETH price is testing $4,100 support level after dropping from its Monday high. A double-bottom pattern has formed on the 4-hour chart. Technical indicators…
Metaplanet approves $500M share buyback to boost BTC yield
Metaplanet is seeking to maximize its Bitcoin returns be exercising a massive share buyback program. Summary Metaplanet approves a ¥75B share buyback covering 13.1% of its float. Program aims to raise BTC Yield and support valuation amid market volatility. Funded by a $500M Bitcoin-backed credit facility for flexible execution. Metaplanet’s board has approved a large-scale ¥75.4 billion (~$500 million) share repurchase program as…
dYdX proposes $462K payout for users affected by outage
The dYdX community is reviewing a new proposal to compensate traders who suffered losses during the chain halt on Oct. 10, with payouts totaling $462,097.79. Summary dYdX proposes $462K compensation for users after Oct. 10 outage. 27 verified claims to be paid from the protocol’s $16.2M insurance fund. Incident traced to rare code issue during…
S&P assigns Strategy a B- junk rating citing Bitcoin risk
In the first-ever rating for a Bitcoin treasury company, S&P just rated Michael Saylor’s Strategy Inc. a B- junk credit. Summary S&P has assigned Strategy a B- junk rating. Rating cites Bitcoin exposure, low liquidity, and concentrated risk. Marks first-ever rating for a Bitcoin treasury-focused company. S&P Global Ratings has assigned Strategy Inc., the Bitcoin-treasury company…
Solana ETF launch prospects rise as Bitwise gets NYSE OK
Solana ETF preparations are now entering final stages after the NYSE certified Bitwise’s staking product for listing. The formal listing notice signals that all exchange-level requirements are now met, pending a final operational launch. Summary NYSE approved Bitwise Solana Staking ETF, clearing a key listing step. The fund could launch as soon as October 28…
Up 440%, can the Robinhood stock price keep surging?
Robinhood stock price continued its strong bull run and is slowly nearing its all-time high. Summary Robinhood share price has jumped by 440% in the last 12 months. The company’s business is doing well, with its revenue and profits rising. Technical analysis points to a potential reversal. Robinhood has jumped by 440% in the last…