Author: driver789
Gold pricing shifts onto blockchain networks once US futures markets close for the weekend, according to Iggy Ioppe, former chief investment officer at Credit Suisse and now chief investment officer (CIO) at liquidity infrastructure firm Theo.CME gold futures stop trading at 5:00 pm ET on Friday and reopen at 6:00 pm ET on Sunday. During that interval, regulated futures markets are inactive and most remaining activity occurs through private over-the-counter deals in Asia that are not publicly reported. As a result, tokenized gold assets such as PAX Gold (PAXG) and Tether Gold (XAUt) become the only continuously available trading venues.“In…
Gold pricing shifts onto blockchain networks once US futures markets close for the weekend, according to Iggy Ioppe, former chief investment officer at Credit Suisse and now chief investment officer (CIO) at liquidity infrastructure firm Theo.CME gold futures stop trading at 5:00 pm ET on Friday and reopen at 6:00 pm ET on Sunday. During that interval, regulated futures markets are inactive and most remaining activity occurs through private over-the-counter deals in Asia that are not publicly reported. As a result, tokenized gold assets such as PAX Gold (PAXG) and Tether Gold (XAUt) become the only continuously available trading venues.“In…
SpaceX has held bitcoin for years without ever having to explain why to the public market investors. That’s about to change.Bloomberg reported late Friday that Elon Musk’s rocket and satellite company is targeting a confidential IPO filing with the SEC as soon as March, keeping it on track for a June listing that would be the largest in history. The company is expected to seek a valuation above $1.75 trillion and raise as much as $50 billion, eclipsing Saudi Aramco’s 2019 record of $29 billion.Buried inside that filing will be 8,285 bitcoin.Arkham Intelligence data shows SpaceX’s identified wallets held about…
Market analyst MorenoDV_ reports a muted response by Bitcoin short-term holders (STH) to a combined attack by the US and Israel on Iran. The observation is important considering the previous sell-offs that have dominated the market in recent months. Bitcoin STH Reaction To Geopolitical Conflict Signals Seller Exhaustion – What Next? The Bitcoin short-term holders refer to a cohort of investors who acquired Bitcoin over the last 155 days. They are described as the most reactive set of investors, and therefore, activity is often indicative of short-term volatility and price direction. According to MorenoDV_ in a QuickTake post on February…
The US military reportedly used Anthropic during a major air strike on Iran, only hours after President Donald Trump ordered federal agencies to halt use of the company’s systems.Military commands, including US Central Command (CENTCOM) in the Middle East, used Anthropic’s Claude AI model for operational support, according to people familiar with the matter cited by The Wall Street Journal. The tool has reportedly assisted with intelligence analysis, identifying potential targets and running battlefield simulations. The incident shows how deeply advanced AI systems have become embedded in defense operations. Even as the administration moved to sever ties with the company,…
Crypto markets snapped back hard on Sunday after spending Saturday pricing in what looked like the start of a prolonged regional war.Bitcoin climbed to $66,843, up 5.2% over the past 24 hours, recovering most of the losses from Saturday’s slide below $64,000 after U.S. and Israeli strikes on Iran.The bounce accelerated after Iranian state TV confirmed the death of Supreme Leader Khamenei, which markets interpreted as raising the odds of a shorter conflict.Solana led the recovery among majors, surging 10.8% to $86.42. Ether rose 7.5% to reclaim $1,994, putting it back within touching distance of $2,000 for the first time…
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting…
Six Polymarket traders earned roughly $1 million after accurately betting that the United States would strike Iran before the end of February, triggering insider trading suspicions.The six wallets were all created in February and placed nearly all of their activity on contracts predicting the timing of a potential US attack, Bloomberg reported, citing data shared by analytics firm Bubblemaps SA. In several cases, shares were purchased only hours before explosions were first reported in Tehran, with some contracts acquired for around $0.10, per the report. The timing drew attention from onchain investigators, who said the pattern resembles behavior previously linked…
It took Polymarket less than 24 hours to turn a Middle Eastern war into an active trading floor.Since the U.S. and Israel launched strikes on Iran Saturday, the prediction market has seen a flood of new contracts covering everything from ceasefire timelines to whether the Iranian regime will collapse by June.The speed and specificity of the markets is striking. Bettors aren’t just wagering on whether the conflict escalates, but pricing the week it ends, who replaces Khamenei, and whether U.S. ground forces enter Iran by March 7.Polymarket’s largest completed market is “Khamenei out as Supreme Leader of Iran by March…
A recent evaluation has surfaced that reveals that Bitcoin’s long-term holders are slowly easing away from their deep profits, and that this could affect prices in either way, depending on further developments. Long-Term Holder Average Monthly SOPR Slips Under 1 In a recent QuickTake post on CryptoQuant, a pseudonymous on-chain analyst, Darkfost, reveals that Bitcoin’s long-term holders are entering a fragile phase in the current cycle. This post is based on readings obtained from the BTC: Long-Term Holders (LTH) SOPR metric, which tracks if coins moved by Long-Term Holders are done profitably, or at a loss. A SOPR value above…