Author: driver789

ETH derivatives show strong buyer dominance, leading traders to target $2,500 to $2,600 as the next crucial rally.Ether (ETH) futures on Binance have risen to a near two-month high as aggressive buyers stepped into the market over the past week. Buy-taker volume rose above $5 billion, and the current setup suggests the ETH rally is poised to continue. On Binance, the 24-hour cumulative net taker volume reached $5.5 billion, rising 72% from $3.2 billion earlier in the month. The metric tracks the difference between market buy and sell orders, indicating who is driving price action.ETH cumulative net taker volume on Binance.…

Ten months ago, Eric Trump was posting on X about how much he loved Justin Sun. This week, he’s likening a lawsuit from Sun to the infamous $6 million duct-taped banana.Sun filed a complaint Monday in the Northern District of California, accusing World Liberty Financial of illegally freezing roughly four billion $WLFI tokens worth around $1 billion. The Trump-family-backed DeFi venture’s informal Tuesday response dismissed the suit as a “desperate” deflection and pledged to keep protecting its users, with co-founder Zach Witkoff accusing Sun of “misconduct.”Justin Sun’s recent lawsuit against @worldlibertyfi is a desperate attempt to deflect attention from Sun’s…

A community analyst known as Daphne recently pushed back on the idea that buying coffee and investing in crypto are mutually exclusive. “You can sip your coffee while making the purchase,” she wrote on social media. Her comment came in response to a growing conversation sparked by finance coach John Vasquez, about what small, daily investments in XRP and Bitcoin could mean for ordinary people by the end of the decade. Redirecting Daily Spending Into Crypto Vasquez made his case publicly, arguing that putting small amounts of money into XRP and Bitcoin every day — instead of spending on routine…

The United States military has an active node on the Bitcoin network, according to Admiral Samuel Paparo, commander of U.S. Indo-Pacific Command (INDOPACOM). The disclosure, made at a House Services committee hearing, marks the first known confirmation that a U.S. military combatant command is directly participating in the Bitcoin peer-to-peer network. “We have a node on the Bitcoin network,” Paparo wrote. “We’re doing a number of operational tests to secure and protect networks using the Bitcoin protocol.” The statement landed one day after Paparo made waves in Congress with testimony that framed Bitcoin as a tool of American power. JUST…

Bitcoin (BTC) reached a monthly high of $79,472 on Wednesday, marking its strongest 28-day return since April 2025. The rally aligns with a shift in a market positioning metric and a surge in leverage use. A combined view of the market positioning metric and open interest shows new positions are being added, potentially influencing BTC’s push toward new highs.BTC positioning builds with rising leverageBitcoin researcher Axel Adler Jr. said that the Bitcoin positioning index has turned higher, with its 30-day average rising to 4.5 from -10.9 in February. The indicator blends net taker flow direction, open interest trends, funding and the…

Kalshi, one of the leading prediction market firms, has issued another set of insider-trading disciplinary actions against users accused of making improper trades based on their inside knowledge of their own political situations, including an ex-reality TV star in Virginia who said he did it intentionally.”Cases like these demonstrate Kalshi’s commitment to policing all types of unfair or improper trading on our platform,” the company said in a statement posted on its website on Wednesday. “Regardless of the size of a trade, political candidates who can influence a market based on whether they stay in or out of a race…

John Bollinger, the creator of Bollinger Bands, used a sharply worded post on X on April 21 to argue that Bitcoin, XRP and the broader crypto market need a break from what he sees as capital being pulled out of the sector by Washington. Bollinger did not cite a dataset or name a specific policy move, but his reference to the “current administration” landed in a market already primed to read that as a swipe at President Donald Trump’s orbit and the crypto ventures tied to it. “Can’t help but wonder if the current administration is done sucking capital out…

A panel titled “Code Is Free Speech: Ending The War On Bitcoin” has been announced for Bitcoin 2026, bringing together three figures from law, government, and the Bitcoin industry. The panel features FBI Director Kash Patel, Deputy Attorney General Todd Blanche, and Coinbase Chief Legal Officer Paul Grewal. Kash Patel was confirmed as FBI Director by the Senate in February 2025 and has disclosed personal holdings in Bitcoin ETFs and Bitcoin miner Core Scientific. Deputy Attorney General Todd Blanche directed the Department of Justice to end targeting of crypto mixers in April 2025, signaling a shift in how the DOJ…

The crypto exchange advocated for two key changes to US tax law affecting crypto users to “eliminate millions of unnecessary forms.”Cryptocurrency exchange Kraken called for a change in US tax policy after reporting millions of cases of transactions “worth less than $1” as part of its reporting requirements for 2025.In a Wednesday blog post, Kraken said it issued more than 56 million tax forms — 1099-DAs — to the US Internal Revenue Service (IRS) in 2025 as now required by law. However, the exchange said that about 18.5 million of those forms were for transactions under $1, with about 28…

Blockchains were built as public networks in the best tradition of open-source technology. But their future is private. And that future is arriving faster than most people realize.This month, Tempo — the Stripe-backed payment blockchain that raised $500 million at a $5 billion valuation, with Visa, Mastercard, Paradigm, and UBS among its backers — published a detailed architectural proposal for private enterprise stablecoin transactions. Tempo is not a scrappy privacy-native project. It is arguably the most institutionally credentialed blockchain launch in years, built by people who deeply understand what banks, payment processors, and enterprises actually need. When a network with…