Bitcoin and ether ETFs log their best week since October

U.S.-listed spot bitcoin and ether ETFs logged their strongest week in three months, led by bullish bets. Source link

Bitcoin Open Interest Recovers 13% As Options Flip Futures

Bitcoin futures open interest (OI) — a measure of derivative market participation — has gained almost 13% from the start of the year, which analysts say could reflect more risk appetite for crypto.  The increase follows a sharp deleveraging phase from October through December, when Bitcoin derivatives exposure fell alongside a broad market correction. Bitcoin…

Trove Investors Seek Refunds After Perps Pivot to Solana

Trove Markets, which is building a decentralized perpetual exchange for collectibles, is under fire for pivoting to Solana after raising over $11.5 million tied to a token sale for an integration on Hyperliquid, prompting some backers to seek refunds. Trove first announced the surprise move to Solana in a post to X on Friday, with…

Short Squeeze Hits Top 500 Cryptos, Traders Unwind Bearish Bets

Cryptocurrency markets staged their largest short squeeze since the selloff in early October, as a rebound in prices forced bearish traders to unwind positions and fueled hopes of a broader recovery. Short liquidations across crypto futures and perpetual contracts climbed to about $200 million on Wednesday, the highest level since about $1 billion in short…

Stablecoin Yield Prohibition Gives Digital Yuan Leg Up Over USD: Scaramucci

The expanded prohibition on stablecoin yield in the CLARITY Act makes the US dollar less competitive than the Digital Yuan, Scaramucci said. The prohibition on yield-bearing stablecoins in the CLARITY Act puts the US dollar at a competitive disadvantage to China’s Digital Yuan, a yield-bearing central bank digital currency, according to Anthony Scaramucci, founder of…

Animoca’s Yat Siu says crypto’s Trump moment is over

With the political hype fading, Siu argues crypto’s next phase will be shaped less by personalities and more by infrastructure, regulation and who actually uses the technology. Source link

Crypto Rally Stalls As BTC Falls Short Of $98K: Will Dip Buyers Arrive?

Key points: Bitcoin is attempting to find support near the $94,500 level, signaling a positive sentiment. Buyers will have to defend the support levels in select major altcoins, or else the recovery may fizzle out. Bitcoin’s (BTC) shallow pullback is attempting to find support near the $94,500 level, indicating a lack of aggressive selling by…

BNB Chain’s Fermi Upgrade Brings 0.45-Second Blocks and Faster Finality

BNB Chain’s Fermi upgrade, which goes live Wednesday, will cut BNB Smart Chain (BSC) block times from 0.75 seconds to 0.45 seconds and push transaction finality to “around one second,” positioning the network as one of the fastest major Ethereum Virtual Machine chains.  The hard fork completes the final phase of BNB Chain’s “short block…

Ethereum Activity Retention Doubles With Record Transactions

Ethereum network activity has shown a sharp increase in new users, with “activity retention” almost doubling over the past month, according to crypto on-chain analytics platform Glassnode. Month-over-month “activity retention” shows a sharp spike in the new cohort, “indicating a surge in first-time interacting addresses over the past 30 days,” Glassnode reported on Thursday. It…

The CLARITY Act Failing To Advance Is Good for the Crypto Industry: Analyst

Overregulation of the crypto industry would negatively impact markets and gut decentralized finance (DeFi), according to Michaël van de Poppe. The failure of the CLARITY crypto market structure bill to advance in the United States Congress is positive for crypto markets and the industry, according to market analyst Michaël van de Poppe.  Van De Poppe…