Bitcoin shorts cover $80M as Trump trade delay stalls ETF inflows Bitcoin short sellers covered about $80 million after a Trump-linked trade delay rattled crypto markets, while U.S. spot Bitcoin ETF inflows remained subdued, leaving the market without a fresh institutional bid. The…
Binance launches Event Rush dApp for on-chain event trading Binance Wallet on Monday launched Event Rush, a new dApp that lets verified users trade tokens tied to real-world event outcomes inside the wallet interface, with settlement and trading handled on BNB Chain through…
Crypto’s Republican bet reshapes U.S. campaign spending Crypto’s political bet on Republicans has pushed the industry into the center of the 2024 election cycle, with industry-linked groups and donors contributing more than $245 million and helping reshape Washington’s campaign-finance map.[2][3][9] The spending has…
Whale Opens $100M Bearish Ethereum Options Bet An anonymous whale has established a roughly $100 million bearish position against Ethereum, using 23x leverage on Hyperliquid, according to on-chain reporting that identified the trade at an entry price of $2,094.92.[1] The position matters now…
PCE and Jobless Claims Diverge as Crypto Volatility Compresses PCE inflation and jobless claims are pointing in different directions, and crypto markets are responding with lower realized volatility even as traders continue to reprice the path of Fed cuts. March core PCE rose…
Hermes Protocol Adds Three Transaction Skills Hermes Protocol said it has added three new transaction skills, marking a fresh update for the Web3 communications project built on Radix. The announcement matters because the new capabilities expand the protocol’s utility beyond notifications and messaging,…
Crypto volatility index steadies as equities slip Crypto volatility held near 45 while equities weakened, underscoring a market split that traders say has become harder to ignore. The reading matters because volatility gauges sit at the center of how investors price risk, and…
Ethereum sentiment stays firm as gas use eases Ethereum’s analyst sentiment remains positive even as network gas usage has softened, underscoring a growing split between market optimism and on-chain activity. AltIndex data shows Ethereum sentiment at 65 out of 100, still positive but…
Binance denies Iran report as stablecoin outflows jump Binance has denied a Wall Street Journal report alleging that an Iran-linked network moved about $850 million through the exchange, even as stablecoin outflows from the platform reportedly rose 15% over 48 hours. The dispute…
