Open interest climbing from $25 billion to nearly $30 billion reflects fresh leverage entering the market — a double-edged sword that could amplify upside momentum above $112,000 but heighten liquidation risks below $110,000, an analyst noted.
Bitcoin could be set up for a big move, author Adam Livingston said, after The Kobeissi Letter noted that bank cash at the Federal Reserve fell to about $2.93 trillion. The Kobeissi Letter is an independent macro markets newsletter and widely followed X account run… Read More
When you first step into the world of crypto, most people think: “As long as I can buy coins, I’m good.” Wrong! Choosing the right exchange is the key to whether you’ll last long-term. It’s like sailing the ocean—pick a leaky boat and you’ll be… Read More
Crypto markets were in rally mode on Thursday alongside sizable gains in stocks, a U.S. presidential pardon for Binance founder Changpeng Zhao, and ahead of tomorrow’s key reading on September inflation. In mid-afternoon U.S. trading, bitcoin BTC$110,082.75 was up 2.7% over the past 24 hours… Read More
Bitcoin may dominate the crypto headlines, but the real growth story of the next five years will be stablecoins, the digital dollars that are modernizing the way money moves around the globe. Yes, the original cryptocurrency is rapidly becoming an ideal non-sovereign global store of… Read More
CoreWeave (CRWV) CEO Michael Intrator told CNBC the company will not raise its $9 billion all-stock offer for bitcoin miner Core Scientific (CORZ), calling the acquisition a “nice to have, not a need to have.” He said the offer fairly reflects the relative value of… Read More
