Bitcoin Price Drop Leads to $250M Bullish Liquidations; Crypto Sentiment

The crypto market is experiencing a major shift. A recent Bitcoin price drop caused $250 million in bullish liquidations1. This event has sparked talks about DeFi’s future and its similarities to the early internet. Charles D’Haussy, CEO of the dYdX Foundation, sees DeFi like the 1990s internet. He believes the industry can learn from the […]

Singapore Pushes for Commercialization of Tokenization

Singapore leads the way in blockchain technology commercialization, focusing on digital asset tokenization1. The city-state aims to become a hub for this groundbreaking tech. This move supports Singapore’s goal to be a top FinTech center. Major financial institutions are already making waves in Singapore’s ecosystem1. Citi introduced Citi Digital Cash, a tokenized inter-branch deposit system. […]

Bitcoin Set for $6K-$8K Seesaw as U.S. Election Enters Final Stretch: Analyst

Bitcoin’s price could swing wildly as the U.S. presidential election nears its end. Greg Magadini from Amberdata predicts a $4,000 price shift based on options trading data. This forecast stems from a 112% annualized forward volatility on Deribit’s November 6 options. The tight race between Trump and Harris in swing states adds to the potential […]

CoinDesk 20 Performance Update: UNI Falls 8.6% as All Market Constituents Trade Lower

The CoinDesk 20 Index faced a tough day. All 20 of its cryptocurrencies traded lower. Uniswap’s UNI token took the biggest hit, dropping 8.6%1. This downturn highlights the volatility of digital assets. It shows how unpredictable the cryptocurrency world can be. Investors should stay alert and prepared for sudden market changes. Key Takeaways The CoinDesk […]

“There’s No Catch”: Bitcoin Mining Startup Promises Free Money to Renewable Energy Companies

A Bitcoin mining startup is shaking up the crypto world. It’s offering “free money” to renewable energy companies. This novel approach aims to transform the crypto-clean energy relationship. The startup uses excess renewable energy for Bitcoin mining. This creates a win-win partnership. It provides green energy providers with a new revenue stream. This unique strategy […]

If U.S. Election Is Disputed, Prediction Markets Could Face ‘Hornet’s Nest’

Political betting faces a major challenge with a potential disputed U.S. election. This scenario could stir up a hornet’s nest in prediction markets1. These platforms are highly sensitive to political turmoil. A contested election outcome raises serious concerns for prediction markets2. The impact could be similar to shifts in NFL Power Rankings and college football. […]

Citigroup, Fidelity International Unveil Proposal for On-Chain Fund With Real-Time FX Swaps

Citigroup and Fidelity International have introduced a game-changing proposal. They aim to create an on-chain fund with real-time foreign exchange swaps. This innovative plan uses blockchain to transform digital asset trading and fund management1. The proposal comes at a crucial time for the global financial industry. It addresses the need for more efficient and secure […]

The ‘Trump Trade’ Crypto Narrative is Overblown

The ‘Trump Trade’ has sparked intense discussions in cryptocurrency markets. Many believe it’s impacted Bitcoin prices and investor sentiment. However, the true extent of this narrative may be exaggerated. Political events can influence market dynamics. Yet, the cryptocurrency landscape is far more complex. It’s shaped by various factors beyond any single political figure1. The crypto […]

First Mover Americas: BTC Little Changed as U.S. Election Enters Final Stretch

Bitcoin’s price remains steady around $17,000 as the U.S. presidential election nears its end1. This stability is noteworthy amid new entertainment releases and the 2025 Billboard Music Awards announcement1. The crypto market’s response to election uncertainty is under close watch. The First Mover Americas report shows BTC prices staying little changed during the U.S. Election’s […]

New Global Dollar Stablecoin Backed by Robinhood, Kraken, and Paxos

A group of major crypto companies has teamed up to create USDG1. This new global dollar stablecoin aims to change digital payments worldwide. Paxos will issue USDG from Singapore to follow local rules. USDG stands out with its unique yield-sharing model. This sets it apart from market leaders like Tether’s USDT and Circle’s USDC. These […]