[ad_1] In a surprising development, options linked to bitcoin (BTC) and the euro-dollar (EUR/USD) exchange rate are indicating strength against the U.S. dollar despite a downturn in the U.S. stock market. This trend suggests the “sell America” trade is gathering pace. Currently, bitcoin’s short- and near-dated risk reversals – which measure the demand for call options relative to put options – were slightly positive, indicating a bullish bias. The data, drawn from sources like Deribit and Amberdata, signals a recovery from the previous trend where there was a consistent preference for puts in near-dated options. In parallel, the one-month EUR/USD…
Author: NBTC
[ad_1] Ethereum (ETH) price shows signs of a possible recovery as on-chain data and technical indicators point to a change in momentum. While the broader market remained cautious, Ethereum’s weekly price structure holds above key support levels. At the same time, large ETH holders continue to accumulate, which could affect price direction in the coming weeks. Several technical signals point toward a potential upward shift if conditions continue. Technical Indicators Suggest Ethereum Price Reversal The weekly Ethereum price pattern shows key trends that traders analyze before market movement reverses. The highly observed TD Sequential indicator currently displays a red “9”…
[ad_1] On Monday, the cryptocurrency market experienced a notable uptick as bitcoin reached an intraday high of $88,527, reflecting renewed interest. While bitcoin recorded a decent 2.61% gain by evening, several alternative digital assets outperformed, securing more substantial increases. Among them, convex finance token (CVX) stood out, climbing 21.04% within a 24-hour period. Trump Policy Triggers $1.5T Stock Meltdown—Crypto and Gold Emerge as Havens The crypto economy expanded by 1.77%, reaching $2.73 trillion as of 5 p.m. Eastern on Monday, with around $75 billion added to the sector. Digital assets outperformed equities by a wide margin as traditional finance (TradFi)…
[ad_1] What Is the Internet Computer Protocol? The Vision of a Decentralized Web Imagine using social media without worrying about your data being sold, or accessing financial services without a bank’s approval. This is the vision driving the Internet Computer (ICP) – a technology designed to help build an internet not controlled by tech giants. Launched in May 2021 by the Swiss not-for-profit DFINITY Foundation, the Internet Computer is a layer-1 blockchain protocol functioning as a “World Computer” – a global, unstoppable network of machines working together as a single computing platform that aims to replace centralized servers. It creates…
[ad_1] This is a segment from the Empire newsletter. To read full editions, subscribe. M&A szn is still going strong. Kado Software, the Web3 payments infrastructure company, was acquired by Swapped.com. The team declined to disclose the terms of the deal, but it plans to grow the US operations for Swapped.com, which is a Denmark-based firm. Emery Andrew, Kado’s founder, told me that the team’s been weighing its options for a while — from debating a fundraise to looking for the right fit to acquire it. It was an obvious choice, he added. Especially because Andrew will stay on to…
[ad_1] Bitcoin’s (BTC) commanding position in the crypto ecosystem continues to strengthen. When combined with the top two stablecoins by market capitalization — Tether (USDT) and Circle’s (USDC) — these three assets now represent approximately 72% of the total cryptocurrency market. This dominance underscores a broader consolidation at the top of the digital asset market, as capital gravitates toward perceived safety and strength. BTC alone has surged to a 64.60% share of crypto market capitalization, briefly touching levels not seen since January 2021. This rise in dominance reflects growing investor preference for bitcoin amid ongoing macroeconomic and market uncertainty. While…
[ad_1] Ethereum price failed to clear the $1,650 and corrected gains. ETH is now consolidating and might attempt to recover above the $1,620 resistance. Ethereum started a fresh bearish reaction from the $1,650 zone. The price is trading below $1,600 and the 100-hourly Simple Moving Average. There was a break below a short-term contracting triangle with support at $1,595 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $1,620 resistance zone. Ethereum Price Dips Again Ethereum price remained stable above the $1,520 level and started a fresh increase,…
[ad_1] Publicly traded company Upexi plans to create a Solana corporate treasury, using more than $90 million worth of newly raised funds. The Monday announcement sent Upexi shares skyrocketing, more than quadrupling in price as a result. The Nasdaq-listed consumer products firm, which has been diversifying into the crypto space, raised $100 million in its latest funding round, the company said Monday in a press release. Roughly 95% of those funds are earmarked for establishing, filling and operating a new Solana-based treasury reserve. GSR led the funding round, with participation from several crypto firms, including Delta Blockchain Fund, Delphi Ventures,…
[ad_1] Mantra, the real-world asset tokenization platform whose OM token crashed earlier this month, is pushing to burn as much as 16.5% of its total supply valued about $160 million to boost staking rewards after talks with key partners. The proposal to burn as many as 300 million of its 1.8 billion tokens will drop the bonded ratio from 31.47% to 25.30%. It includes a confirmed tranche of 150 million OM, or about $80 million, belonging to founder John Patrick Mullin and an additional set of tokens owned by “ecosystem partners.” Specifics were not shared in a Monday update. Mullin’s…
[ad_1] Binance upholds its position as the top centralized exchange (CEX) by trading volume with a significant lead over all other competitors on April 21st, 2025. Binance processed $53.4 billion in weekly trading operations representing almost 27 percent of the total CEX weekly activity. TOP CENTRALIZED EXCHANGES BY WEEKLY TRADING VOLUME #Binance #Upbit #GateIo #MEXC #Bitget #OKX #Bybit #HTX #Coinbase pic.twitter.com/vAreYrmoRO — PHOENIX – Crypto News & Analytics (@pnxgrp) April 21, 2025 Binance maintains its exclusive position through $11.42 billion daily trading volume while controling nearly 27% of the market through weekly trading volume reaching $53.4 billion. The tremendous dominance…