Author: driver789

Bitcoin BTC$77,239.01 rose more than 1.2% during the European morning to reach just shy of $77,500 for a lift of about 1.7% in the last 24 hours.The broader digital asset market, as measured by the CoinDesk 20 Index (CD20), also ticked higher, up around 0.95%.Bitcoin’s gains came on above-average volume, with 24-hour activity running 15% above its seven-day average, indicating steady participation, according to CoinDesk Research’s technical analysis data model.Derivatives markets may tell a more cautious story. Open interest in the June 26 $76,000 put option surged 22.5%, pointing to increased demand for downside protection near current price levels. The…

Former Ripple CTO David Schwartz pushed back against renewed claims that XRP could reach $10,000, arguing that the market itself already provides a reality check on such extreme price targets. In an exchange on X, Schwartz framed the issue less as a debate over belief and more as a question of rational capital allocation: if sophisticated investors truly saw even a small chance of that outcome, why has XRP not already been priced far higher? Schwartz Pushes Back on XRP Moonshot Claims The discussion began after an X user asked Schwartz to comment on theories built around a crypto adaptation…

Solana-based decentralized finance yield protocol Carrot said Thursday that it is shutting down permanently, becoming one of the first DeFi protocols to fall due to contagion from the Drift Protocol exploit in early April. In an X post on Thursday, Carrot said the Drift exploit was “catastrophic” for the protocol and had left it financially unable to continue operating. The platform set a May 14 deadline for users to withdraw remaining funds. It said it will continue to help recovery efforts related to Drift and distribute assets once they become available.“We are setting May 14th as the deadline to withdraw any…

Bitcoin could be setting up for a multimonth price decline, after a rally in April driven mainly by futures traders while spot demand declined, according to the crypto analytics firm CryptoQuant.Bitcoin gained around 20% in April, rising from $66,000 to a peak of $79,000 in a rally “driven entirely by growth in perpetual futures demand,” CryptoQuant said in a report on Thursday. Meanwhile, spot demand for Bitcoin contracted throughout the rally, “indicating that the market’s marginal buyer was speculative, not fundamental,” it said.“The divergence between rising price and contracting spot demand is one of the clearest on-chain signals that price gains…

币安 Alpha 上线 UnifAI Network，至少拥有 237 分的用户可申领 95 枚 UAI 空投 – BitRss – Crypto World News ChainCatcher 14 minutes ago 8 ChainCatcher 消息，据官方消息，币安 Alpha 上线 UnifAI Network，持有至少 237 个 Binance Alpha 积分的用户可在 Alpha 活动页面申领 95 个 UAI 代币空投，先到先得。若活动未结束，则分数门槛将每五分钟自动降低 5 分。 请注意，申领空投将消耗 15 个Binance Alpha 积分。用户需在 Alpha 活动页面 24 小时内确认申领，否则视为放弃领取空投。 BitRss shares this Content always with License. Read Entire Article Screenshot generated in real time with SneakPeek Suite Homepage International 币安 Alpha 上线 UnifAI Network，至少拥有 237 分的用户可申领 95 枚 UAI 空投 BitRss World Crypto News…

Gemini Space Station (GEMI), the crypto exchange run by Cameron and Tyler Winklevoss, received U.S. Commodity Futures Trading Commission (CFTC) approval for a derivatives clearinghouse (DCO) license, allowing it to enter regulated derivatives and crypto’s fastest-growing, most-contested sector, prediction markets.The approval allows Gemini to clear and settle trades in-house instead of depending on external providers, giving it greater control over how its prediction market products function and scale.Gemini shares climbed about 7% following the announcement.Prediction markets have become one of crypto’s fastest-growing areas, with trading volume increasing over 300% in 2025 to $63.5 billion, and Hyperliquid, a DeFi derivatives platform,…

Solana found support at $81.40 and corrected some losses. SOL price is now consolidating above $83.50 and might aim for a steady increase. SOL price started a decent recovery wave above $82 and $83.50 against the US Dollar. The price is now trading near $84 and the 100-hourly simple moving average. There was a break above a bearish trend line with resistance at $83.45 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $84.50 and $85.00. Solana Price Starts Recovery Solana price remained stable and started a…

The US Senate on Thursday unanimously approved a resolution banning its members and staff, who are often exposed to sensitive information, from using prediction markets.The resolution, passed by unanimous consent, changed the Senate’s rules and took immediate effect. “Engaging in any way in a prediction market or trying to place bets where we might have inside information deteriorates the confidence that our constituents have in us,” Republican Senator Bernie Moreno, who introduced the resolution, said on the Senate floor.“By changing the standing rules of the Senate, what we’re doing is allowing our constituents to know, once and for all, that no…

XRP ($1.38 · Live) price started a recovery wave above $1.360 and $1.3620. The price is now consolidating and might aim for a fresh move if it clears $1.3830. XRP price started a recovery wave above the $1.3620 zone. The price is now trading below $1.3850 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at 1.3760 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it settles above $1.3830. XRP Price Holds Support XRP price remained supported above $1.3450 and started a…

U.S. Secretary of Commerce Howard Lutnick, the former CEO of Cantor Fitzgerald that handles Tether’s finances in the U.S., has been questioned by Senate Democrats on reports that a trust tied to his children received a loan from Tether meant to help finance Lutnick’s divestiture of his company stake that went to his children.Senators Elizabeth Warren, who is the ranking Democrat on the Senate Banking Committee, and Ron Wyden, who is the top Democrat on the Finance Committee, asked the leading global issuer of stablecoins whether it helped finance Lutnick’s multi-billion-dollar transfer of the financial-services company through trusts tied to…