Capital rotation into artificial intelligence may have played a bigger role in Bitcoin’s latest selloff than most market watchers initially assumed. Michael …
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Tag:
Sparking
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Markets
Long-Dormant Bitcoin Whale Transfers 11,300 BTC, Sparking Market Speculation
by shayaanby shayaanThey say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates …
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DeFi
USDe Supply Plummets $800 Million in 72 Hours, Sparking Critical DeFi Liquidity Fears
by shayaanby shayaanThe supply of Ethena’s synthetic dollar stablecoin, $USDe, has experienced a dramatic $800 million contraction within just three days, according to on-chain …
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Finance
ProShares’ stablecoin-ready ETF sees $17 billion debut, sparking speculation about Circle
by shayaanby shayaanProShares’ new ETF built for the fast-growing, $300 billion world of stablecoins had a massive launch, fueling speculation that one major stablecoin …
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Markets
BlackRock bitcoin ETF options saw record activity during crash, sparking theories of hedge fund blowup
by shayaanby shayaanOptions trading on BlackRock’s spot bitcoin ETF, IBIT, surged to a record 2.33 million contracts on Thursday as bitcoin crashed. www.coindesk.com
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Finance
52% of Americans Ditch Traditional Assets for Crypto, Sparking New Wave of Adoption
by shayaanby shayaanA new survey reveals that cryptocurrency has surged in popularity among Americans, with 68% now owning cryptocurrencies. Crypto Now Part of Americans’ …
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Analysis
Bitcoin Could Collapse Before Sparking 119% Rally, According to Analyst Who Called 2021 Market Meltdown
by shayaanby shayaanA crypto strategist who nailed the digital asset crash in 2021 believes Bitcoin (BTC) could tumble below $90,000 before sparking the final …