How Deep Are Bitcoin Traders Hedging After Recent Price Dip Below $100K?
BTC recently fell below $100,000 as macro uncertainties weighed over spot ETF inflows.
Crypto
Citi and DTCC Say Tokenized Collateral Works, Now Regulators Must Keep Pace
Tokenizing collateral and moving it instantly across borders is no longer a theory, it’s happening. But at a panel discussion at the SmartCon conference in New York on Wednesday, executives from Citi, DTCC and Taurus warned that while the technology has caught up, regulation hasn’t.… Read More
BTC, ETH Prices Under Pressure as Altcoins Reel, Futures Flash Caution: Crypto Daybook Americas
By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin BTC$102,785.08 briefly slipped below $100,000 for the first time since June as a wave of liquidations and shifting macro expectations triggered a broad crypto sell-off. The leading cryptocurrency is now down more than 20% from… Read More
Polymarket Trader Loses Nearly $1M Betting Against Mamdani
Zohran Mamdani’s victory over Andrew Cuomo to become New York City’s 111th mayor drew record voter turnout and $424 million in Polymarket betting volume, leaving one trader nursing heavy losses after wagering against him. One bettor by the handle ‘fuxfux007’ is down $969,169 after betting… Read More
RLUSD Stablecoin Hits $1B Milestone
RLUSD$1.0001, the U.S. dollar stablecoin from the blockchain payments firm closely related to the XRP Ledger network, has surpassed $1 billion in market capitalization less than a year after launching in December 2024. The milestone makes RLUSD the 10th largest U.S. dollar-backed stablecoin by market… Read More
BNB Drops Below $950 as Market Sell-Off Deepens, Privacy Coins See Surge
BNB slid 7.8% in the past 24 hours, dropping to $940 and breaching several major support levels in the process. The move followed a wave of sales orders that began after the token failed to break resistance at $1,020. A spike in trading volume, 72%… Read More