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Trading
Bitcoin Price Spikes to $138K on Binance.US
The exchange’s market depth has declined nearly 80% over the past month on regulatory woes.

Cardano, Ether Surge as Bitcoin-Led Rally Sees Short Traders Lose $125M
Crypto market capitalization rose 5% likely as sentiment rose on the back of two institutional bitcoin plays in the past week.

Bitcoin’s Rally to $28K Spurred by Largest Short Squeeze This Month
The price surge liquidated some $36.6 million of short positions in the past 24 hours, the most this month, CoinGlass data shows.

GBTC Share Price Soars, Discount Narrows to Multi-Month Low on BlackRock ETF Filing Optimism
Investors turned optimistic about Grayscale allowing redemptions in the future after BlackRock’s filing for spot bitcoin ETF last week, one analyst said.

Japan’s Crypto Exchanges Push for 10 Times Leverage on Margin Trading: Bloomberg
The push for revised margin trading caps aims to attract diverse traders, including institutional investors, while enhancing market liquidity.

GBTC Discount Narrows After BlackRock’s Filing for Spot Bitcoin ETF
Fund manager Grayscale is currently in a legal standoff with the SEC after the agency denied an application to convert the Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund.

Crypto Exchange Bybit Integrates ChatGPT Into Trading Tools
Traders will be able to analyze market data with the new AI-based feature called "ToolsGPT."

XRP, ADA Lead Declines in Major Cryptocurrencies as Bitcoin Drops Below $25K
Losses on major tokens extended to over 7.4% in the past 24 hours, data shows.

USDT Selling on Curve, Uniswap Spooks Traders Amid Bitcoin Drop
USDT holdings on Curve’s popular ‘3pool’ have risen to over 72% as of Thursday morning, suggesting a sudden disbalance.

XRP Tumbles 8%, Erasing Price Gains from ‘Hinman Emails’ in Ripple Lawsuit
The token fell to as low as 46.18 cents, its lowest level this month, as crypto markets sold off Wednesday afternoon.
