Core Scientific (CORZ) shareholders have rejected a proposed $9 billion all-stock merger with CoreWeave (CRWV), halting one of the most anticipated deals in the AI data center sector. CORZ is higher by 4.5% on the news, while CRWV added modestly to earlier losses, now down… Read More
Bitcoin BTC$111,502.81 has rallied past $110,000, led by renewed optimism about the U.S.-China trade relations. The bounce means BTC is now trading at levels where market makers could add to price turbulence ahead of Friday’s multi-billion dollar options expiry. Data from the Deribit-listed options market,… Read More
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
