Trader Nets $311K on Bitcoin Short, Then Flips to 40x Long
An anonymous cryptocurrency trader has executed a rapid strategic pivot, closing a substantial Bitcoin short position for a six-figure profit before immediately opening
Crypto News
Crypto News
Upbit Halts Monad (MON) Deposits and Withdrawals Over Node Sync Error
South Korea’s largest cryptocurrency exchange, Upbit, has temporarily suspended deposits and withdrawals for Monad (MON) due to a node synchronization issue. The exchange
Crypto News
BitDigital Pledges $100M in ETH to Back Subsidiary Loan Facility
Nasdaq-listed BitDigital (BTBT), a firm with significant Ethereum (ETH) holdings, has announced plans to provide a loan facility of up to $100 million
Crypto News
Santiment Warns Excessive ETH Dip-Buying Optimism May Signal Further Declines
On-chain analytics firm Santiment has issued a cautionary note regarding Ethereum, suggesting that the prevailing market sentiment around the asset may not yet
Crypto News
South Korea Moves to Tax Crypto Staking and Lending Rewards at 22%
South Korea is set to introduce a tax on profits from cryptocurrency staking and lending, likely at a rate of 22%, according to
Crypto News
Grayscale: Ethereum, Solana, and BNB Chain Poised to Lead as US Crypto Rules Clarify
Digital asset manager Grayscale has identified Ethereum (ETH), Solana (SOL), BNB Chain (BNB), and the Canton Network (CC) as the primary digital assets
Crypto News
Bitcoin Exchange Inflows Surge While Stablecoins Exit, On-Chain Data Shows Growing Sell Pressure
New on-chain data reveals a significant shift in crypto market dynamics, with a surge of Bitcoin moving into exchanges while stablecoins simultaneously flow
Crypto News
Circle Mints 250 Million USDC, Expanding On-Chain Stablecoin Supply
Circle, the issuer of the USD Coin (USDC), has minted an additional 250 million USDC tokens at the USDC Treasury, according to a
Crypto News
Aave Labs UK Subsidiaries Secure FCA Cryptoasset Registration for Regulated DeFi Services
Aave Labs, the development team behind the decentralized finance protocol Aave (AAVE), has announced that its United Kingdom-based subsidiaries, Push Labs and Push
Crypto News
Over $2 Billion in Bitcoin Short Positions at Risk if BTC Breaches $76,037
Bitcoin faces a critical price threshold that could trigger a cascade of liquidations across major centralized exchanges. Data from Coinglass indicates that a
