Bitcoin ‘short squeeze’ sends BTC price to $35.9K as OI stays elevated
More than $15 billion in Bitcoin open interest reaches a predictable conclusion as shorts get squeezed and BTC price action...
Monat: November 2023
OpenSea investor marks down stake in platform by 90%: Report
OpenSea’s co-lead investor, Coatue Management, marked down its investment from $120 million to $13 million. United States tech investment firm...
Stablecoin issuer Circle weighing up 2024 public launch: Report
Circle initially agreed to go public as part of a $4.5 billion merger in July 2021 but that deal fizzled...
How agencies can play a role in NFT and digital collectable creation
No matter their specialization, agencies have a unique power to shape the trajectory of Web3 adoption and elevate the realm...
Kenyan lawmakers ask local Blockchain Association to come up with crypto bill
Kenya might become the first country in the world where the industry’s representatives would develop the regulatory framework for crypto....
Ripple, Onafriq partner for new payment corridors for Africa, UK, Australia and Gulf
The deal aims to enable faster, cheaper payments between 27 African countries, working with three Onafriq partners.
Ex-Cantor execs launch crypto lending platform in expectation of Bitcoin ETFs
The new platform Tokenet hopes to capitalize on institutional interest following the potential approval of a spot Bitcoin ETF. A...
Marathon, Riot among most overvalued Bitcoin mining stocks: Report
Bitcoin mining analyst Jaran Mellerud said there are “better-priced opportunities” that could even out the valuation discrepancies between the mining...
Bitcoin open interest passes $15B as analyst warns of 20% BTC price dip
The highest Bitcoin open interest levels in over six months come as analysis predicts that BTC price action will fail...
Multiple buyers consider purchase and relaunch of ‘irreparable’ FTX
Rebooting a tarnished name is difficult and some firms are so utterly compromised by their failures that there is no...
Wintermute claims NEAR backed out of $11M stablecoin redemption deal
Wintermute founder and CEO Evgeny Gaevoy says the NEAR Foundation reneged on an offer to convert $11 million worth of...
Expect new IRS crypto surveillance to come with a surge in confiscation
The Justice Department is claiming that it's "critical" for it to have the power to seize cryptocurrency from Americans —...
Data highlights Bitcoin’s potential path to $40K amid global economic turbulence
Robust BTC derivatives data indicates strong demand for leveraged longs. Bitcoin (BTC) has been trading within a narrow 4.5% range...
Vietnamese Web3 coalition Ninety Eight launches $25M ecosystem fund
The capital will be dedicated to supporting Web3 startups in Asia. Vietnamese Web3 coalition Ninety Eight, creator of the Coin98...
US CFPB proposes supervising digital app providers, including crypto wallets
The proposal would affect retail transactions carried out from crypto wallets, but not crypto trading. The United States Consumer Financial...
