NFT Market Rebound After Five Months of Declines
TL;DR NFT sales climbed to $430 million in May, breaking a five-month streak of consecutive market declines. The number of buyers jumped 50%, surpassing 936,000,...
Tag : Market
Bitcoin: Long-Term Holders Capitalize on Price Drop to Deepen Their Positions
TL;DR Bitcoin dropped below $109,000, triggering over $185 million in leveraged long liquidations. Long-term holders took advantage of the forced selling to accumulate, pushing their...
OKX Unveils xBTC: Multi-Chain Wrapped Bitcoin Brings DeFi to Aptos and Beyond
TL;DR DeFi Revolution: OKX has launched xBTC, a fully collateralized, Bitcoin-backed wrapped token, transforming BTC into a dynamic asset for trading, lending, and yield generation....
Bitcoin Breaks Its ATH and Surpasses Amazon in Market Value
TL;DR Bitcoin hit a new record of $111,889 and surpassed Amazon in market value, coinciding with Bitcoin Pizza Day. BTC options open interest climbed to...
VanEck Launches PurposeBuilt Fund to Empower the Avalanche Ecosystem
TL;DR Targeted Innovation: VanEck unveils its PurposeBuilt Fund, a private asset fund for qualified purchasers, focused on investing in companies that deliver tangible token utility.....
“The End Is Here”: Kiyosaki Warns of Economic Collapse Amid Failing Systems
TL;DR Dire Warning: Robert Kiyosaki cautions that the traditional financial system is on the brink, signaling an imminent economic collapse. Systemic Weaknesses: He points to...
Ethereum Sees $3.8 Billion Capital Inflow After Pectra Upgrade
TL;DR The Pectra upgrade enhanced Ethereum’s staking and transaction capacity, sparking renewed investor confidence. Ethereum’s Realized Cap jumped from about $240.8B to $244.6B, reflecting a...
Bitcoin Level Watch: $106,600 Cost Basis Cluster Emerges as a Key Indicator
TL;DR Key Price Cluster Identified: Glassnode’s analysis shows that around 31,000 BTC was acquired at approximately $106,600, marking it as a significant cost basis level....
Bybit Will Allow Trading of International Stocks Using USDT
TL;DR Bybit enabled trading for 78 global stocks using USDT, including Coinbase and the “Magnificent 7,” within its Gold & FX section. The service operates...
Michael Saylor and Strategy Face a Class Action Lawsuit Over Bitcoin Investments
TL;DR Michael Saylor and his firm Strategy are facing a class action lawsuit for allegedly exaggerating bitcoin’s benefits and downplaying risks to investors. The plaintiffs...