Prime meme coin Shiba Inu recorded a 699,000% liquidation imbalance as its worth dropped sharply together with the broader crypto market. This has once more sparked a bearish sentiment, with the bears trying to be in management. How the Shiba Inu 699,000% Imbalance Occurred Coinglass data confirmed that the Shiba 699,000% imbalance occurred as a…
SoFi will roll out a Bitcoin-powered worldwide cash switch service inside its client app, changing into—per Lightspark CEO David Marcus—“the primary US financial institution to make use of Bitcoin and Common Cash Addresses (UMA) to supply 24/7, realtime, low cost world funds.” The mixing makes use of the Bitcoin Lightning Community because the cross-border settlement…
VC funding for crypto startups plunged in the second quarter of 2025, marking one of the weakest periods since late 2020. Key Takeaways: Crypto VC funding fell 59% QoQ to $1.97B across 378 deals, one of the weakest quarters since 2020. Mining led with over $500M raised, while later-stage firms captured 52% of total capital….
Bitcoin fell to $113,800, down round 1.50% within the final 24 hours, after $945 million was pulled out of US spot Bitcoin and Ethereum ETFs on Tuesday. That’s one of many largest single-day redemptions because the merchandise launched and provides to the promoting stress throughout the market. Bitcoin funds took the largest hit with $523.3…
A number of developments have led to speculations that the established 4-year Bitcoin cycle that has often predicted when the bull and bear market starts and end has ended. If this is the case, it would mean that price action will not go as expected. Just as it seems there was a premature start to…
The crypto market faced a sharp jolt this week as nearly $1 billion flowed out of U.S. spot Bitcoin and Ethereum exchange-traded funds (ETFs), coinciding with a steep decline in Bitcoin’s price to $112,000. The massive withdrawals, recorded on Tuesday, marked the second-largest daily outflows for both Bitcoin and Ethereum ETFs this month, underscoring growing…
The crypto market is down right now, with the overwhelming majority of the highest 100 cash in purple over the previous 24 hours. General, the cryptocurrency market capitalization has decreased by 1.1%, now standing at $3.91 trillion. On the similar time, the full crypto buying and selling quantity is at $161 billion. TLDR: Solely 12…
US federal regulators are set to evaluate state laws of stablecoins to “even out” guidelines throughout jurisdictions underneath the brand new federal regulatory framework for the sector, the Guiding and Establishing Nationwide Innovation for U.S. Stablecoins (GENIUS) Act. State-Stage Stablecoin Guidelines To Face Federal Overview A federal committee led by the US Treasury Secretary is…
Harvard economist Kenneth Rogoff publicly admitted his decade-old prediction that Bitcoin would crash to $100 was basically flawed, acknowledging three important miscalculations in his evaluation. The previous Worldwide Financial Fund chief economist posted on X that he underestimated Bitcoin’s position within the $20 trillion world underground financial system, didn’t anticipate pro-crypto U.S. regulatory developments, and…
Bitcoin slipped beneath the $115,000 degree on Tuesday because the crypto market confronted practically $961 million in leveraged liquidations. The sudden sell-off adopted an prolonged rally to new all-time highs above $124,000 final week, elevating fears of a deeper correction towards the $110,000 help zone. Information from CoinGlass revealed that lengthy positions accounted for almost…