What Happened In Crypto Today

Today in crypto, Wyoming has selected Aptos and Sei for its state-backed stablecoin pilot program. TikTok has pushed back against allegations that it purchased hundreds of millions of dollars’ worth of President Donald Trump’s memecoin. Meanwhile, sentiment toward Bitcoin remains split as the broader crypto market continues to trade sideways. Wyoming stablecoin commission names Aptos…

Bitcoin Futures Turn Bearish Despite ETF Inflows

Key takeaways: The Bitcoin futures premium dropped to a 3-month low, even with prices just 8% below their all-time high. BTC options metrics turned bearish, despite stock market resilience amid macroeconomic pressure. Bitcoin (BTC) derivatives metrics are flirting with bearishness despite BTC price trading just 8% below its all-time high at $103,300. Cryptocurrency traders are…

CoinMarketCap Removes Malicious ‘Verify Wallet’ Popup

CoinMarketCap, a price-tracking website for cryptocurrencies, has reportedly removed a malicious popup notification on its website prompting users to verify their cryptocurrency wallets, according to a post on its official X account. “We’ve identified and removed the malicious code from our site,” CoinMarketCap said in a post on Friday. CoinMarketCap has not finished investigating the…

What Happens to BTC After Trump? Hedge Funds Worry: Eric Semler

Eric Semler, chairman of healthcare tech firm Semler Scientific Inc., says many of his hedge fund peers are skeptical about Bitcoin’s future once US President Donald Trump leaves office. “I think that they think it is a fly-by-night concept and that it is probably going to, after the Trump administration, go back down a lot,”…

Staked Ether Hits Record, Driven by Corporate Crypto Treasury Adoption

Despite another week of downside for the cryptocurrency market, the staked Ether supply reached a new all-time high, meaning over 28% of the token’s supply is now locked in exchange for passive income. A growing staked Ether (ETH) supply indicates that more investors are preparing to hold their tokens, instead of selling at current prices….

Bloomberg Analysts See 90% Chance SEC Clears Most Crypto ETFs Filings

Odds are stacked that the U.S. Securities and Exchange Commission approves most of the filed crypto exchange-traded funds, including the various XRP ETFs, by their respective deadlines, according to Bloomberg Analysts James Seyffart and Eric Balchunas. “We are raising our odds for the vast majority of the spot crypto ETF filings to 90% or higher,”…

Bitcoin And Altcoins Crash But Dip Buyers Could Step In

Key points: Bitcoin remains stuck in a range, with traders’ expectations divided about the direction of the next significant move. Several major altcoins are showing weakness, suggesting that a wider trend reversal could be at play. Bitcoin’s (BTC) volatility increased on Friday, but the price remains stuck inside the large $100,000 to $111,980 range. Market…

Norway’s Government Is Exploring A Crypto Mining Ban

The government of Norway is considering a temporary ban on crypto mining in the country in an effort to “free up power, network capacity and area for other purposes.” In a Friday notice, the Norwegian government said it would be conducting an investigation in autumn that could result in a temporary ban on crypto mining…

Bitcoin Open Interest Hits $96 Billion, Bullish or Bearish?

Key takeaways: Open interest in Bitcoin futures and options has ballooned to $96 billion, up sharply from 2022 levels. Elevated speculative leverage fuels BTC’s bullish breakouts, but it also raises the risk of cascading liquidations, reminiscent of 2021 volatility. Stablecoin-margined collateral now dominates over crypto-margined positions, helping mitigate volatility shocks amid heightened trading activity. Bitcoin’s…

Bitcoin And Altcoins Crash But Dip Buyers Could Step In

Key points: Bitcoin remains stuck in a range, with traders’ expectations divided about the direction of the next significant move. Several major altcoins are showing weakness, suggesting that a wider trend reversal could be at play. Bitcoin’s (BTC) volatility increased on Friday, but the price remains stuck inside the large $100,000 to $111,980 range. Market…