Latest Crypto News

Markets

Bitcoin Traders 'Buy the Dip' as BTC Price Slips Below $88K, Kraken Says

Traders are buying the dip, lifting the perpetual futures long-short ratio, Kraken's Alexia Theodorou told CoinDesk.

BTC's spot price meltdown. (CoinDesk)

Finance

Ether Heads Toward Set of Mammoth $340M On-Chain Liquidations

ETH needs to drop another 19% to trigger the first liquidation.

ETH on-chain liquidations (DefiLlama)

Markets

Metaplanet Buys 135 More Bitcoin to Become a Top-15 Publicly Traded BTC Holder

Metaplanet now holds 2,235 BTC and its share price is less than 20% off its all-time high.

FastNews (CoinDesk)

Markets

Crypto Greed Index Flashes 'Extreme Fear' as Market Drops 10%

Tuesday’s drop from 49 to 25 is one of the sharpest since September and indicative of a quick shift toward overly bearish sentiment.

Fear and greed index falls to new low, last seen in Oct 2023. (Chris Charles/Unsplash)

Markets

U.S. Bitcoin ETFs Post Year's 2nd-Biggest Outflows as Basis Trade Drops Below 5%

On Monday, U.S. spot-listed bitcoin ETF outflows rose to $516 million as bitcoin tumbled toward $90,000.

BTC CME Annualized basis (Velo)

Markets

Bullish Crypto Bets Lose $1.2B as Bitcoin Fumbles to Under $89K, XRP Down 14%

Liquidations crossed the $1.35 billion level in the past 24 hours as a market slide worsened.

Liquidations. (Thomas M. Barwick/Getty Images)

Markets

Ether on the Verge of ‘Death Cross’ Pattern; SOL, DOGE, BNB Below 200-Day Average

Ether is on the verge of slipping into a death cross, an ominous momentum indicator, with a mixed record of predicting price trends.

FastNews (CoinDesk)

Markets

Bitcoin Slides Below $87K to 3-Month Low as Nasdaq Futures Dip, Yen Sparks Risk-Off Fears

BTC hits three-month as Nasdaq futures point to continued risk aversion in stocks and the anti-risk Japanese yen strengthens against the U.S. dollar.

Close up of two people's boots at the edge of an ice pool. (Janke Laskowski/unsplash)

Tech

USDe Issuer Ethena Labs Integrates Chaos Labs' Edge Proof of Reserves Oracles to Strengthen Risk Management

The Edge Proof of Reserves Oracles provide a real-time, transparent mechanism to verify that token issuers like Ethena hold sufficient reserves.

(tungnguyen0905/Pixabay)

Markets

Binance Open Bitcoin Futures Bets Jump by Over $1B as BTC Chalks Out Bearish Candlestick Pattern: Godbole

Futures activity hints at an influx of fresh shorts as Monday's bearish marubozu candle points to more losses ahead.

Open BTC futures bets rise as prices drop. (TheDigitalArtist/Pixabay)

Markets

Solana Plunges 14%, XRP, Dogecoin Down 8% as Crypto Market Sell-Off Worsens

Traders said the current bearish sentiment could be overblown and macroeconomic decisions were key to support market growth.

The crypto market has been sliding this week. (Pezibear/Pixabay)

Policy

FTT Briefly Spikes After Sam Bankman-Fried Tweets for First Time in 2 Years

Bankman-Fried is currently in the Metropolitan Detention Center, serving a 25-year prison sentence.

Sam Bankman-Fried (right) exits the courtroom in Manhattan after a hearing on July 26, 2023. (Nikhilesh De/CoinDesk)

Web3

Pump.Fun's Rumored AMM Pivot a 'Strategic Miscalculation,' Says Raydium

A Raydium contributor doubts the memecoin factory could replicate its success.

raydium perps

Policy

U.S. Law Enforcement Seizes $31M in Crypto Tied to Uranium Finance Hack

Hackers made off with approximately $50 million when the automated market maker was exploited in 2021.

SDNY Courthouse 40 Centre Street

Tech

Ethereum’s Pectra Upgrade Goes Live on ‘Holesky’ Testnet, but Fails to Finalize

The upgrade was pushed out on Monday, but it wasn't entirely clear why the test network was not finalizing.

The latest Ethereum upgrade, Pectra, is partly named after Electra, one of the "seven sisters" in the star constellation known as Pleiades, shown in an artistic rendering here inside the ring of circles. (Wikipedia)

Markets

Bitcoin Slips Under $94K as Stocks Try to Shake Last Week's Jitters

Macro uncertainty combined with carnage in most of the rest of crypto is weighing bitcoin down.

COLD STORAGE: A polar bear on the archipelago of Svalbard, where the Bitcoin Core code repository will be kept in an abandoned mineshaft. (Credit: Shutterstock)