The long/short account ratio for BTC on Binance has surged to 3.87, its highest level in more than three years, indicating a shift in sentiment among large traders. The ratio has increased significantly since BTC’s all-time high, when it was at multi-year lows below 0.6, and the price has fallen by over 35% since then. […]
Texas Becomes First U.S. State to Add Bitcoin to Its Treasury With $10M Purchase
Key Takeaways Texas became the first U.S. state to purchase Bitcoin for its treasury with a $10 million allocation. The acquisition was made through BlackRock’s spot Bitcoin ETF, with plans to transition to self-custody later. The move follows state legislation recognizing Bitcoin as a strategic reserve asset and may influence other states evaluating digital assets. […]
Saudi Arabia’s First Quantum Computer: Can It Break Bitcoin?
Saudi Arabia has deployed its first quantum computer, renewing questions about the future of blockchain security.
Stocks down? No problem for these crypto execs
In a year when cryptocurrency stocks have mostly moonwalked downward, executives at some of the sector’s top firms managed to secure fat compensation packages.
Texas Purchases $5 Million in Bitcoin ETF, Moving Closer to Establishing State-Based Crypto Reserve
TLDR Texas purchases $5 million in BlackRock’s Bitcoin ETF as part of its plan to create a state-backed crypto reserve. The state passed legislation earlier this year, allocating $10 million for the Texas Strategic Bitcoin Reserve. Texas issued a request for information (RFI) to industry leaders to develop best practices for managing its Bitcoin reserve. […]
XRP price prediction: Can the rebound above $2 push it higher?
After a week of dips and uncertainty, XRP has bounced back above $2, putting it back on traders’ radar. Strong ETF inflows and improving market confidence are creating a cautiously positive mood, but the bigger question is whether this momentum…
Arthur Hayes Predicts Bullish Bitcoin Recovery, Expects Traders To Maintain $80K Support
BitMEX co-founder Arthur Hayes has backed a steady market recovery after weeks in the doldrums. Bitcoin (BTC) led crypto assets gains this week, with multiple whales shifting gears to buy the dip. The total market cap is up almost 3% above $3 trillion at the time of writing. Bulls To Ride Liquidity Wave Bitcoin price […]
CreatorFi – Helping the World’s Best Creators Grow
Why you should listen CreatorFi is a financing platform developed by the team behind Insomnia Labs, designed to provide working capital to digital creators across categories such as YouTube, music, and user-generated gaming platforms like Roblox. The product emerged after multi-channel networks and creator organizations—including Yoola, which represents around 3,000 creators—approached Insomnia seeking a more […]
Paxos Acquires Crypto Wallet Startup Fordefi to Expand Custody Services
Paxos, the blockchain infrastructure firm behind PayPal’s $3.74 billion PYUSD stablecoin, will integrate Fordefi’s advanced wallet technology into its custody platform. Fordefi will continue operating independently during the transition, with terms of the transaction remaining undisclosed beyond the price range. What Fordefi Brings to the Table Founded in 2021 by Josh Schwartz, Dima Kogan, and […]
Solana ETFs’ Inflow Streak Is Underappreciated, Says Solana Co-Founder
Key Highlights Solana’s co-founder, Raj Gokal, has mentioned the ongoing streak of positive inflows of Solana ETFs, saying…