Author: driver789
Bitcoin plunged over $3,000 in two hours, while the Crypto Fear and Greed Index has slumped to historic lows again.The Crypto Fear and Greed Index fell to its lowest levels on Monday as Bitcoin plunged more than 4% to $64,300, erasing its gains since Friday. More than 136,000 traders were liquidated over the past 24 hours, with total liquidations sitting at $458 million, 92% of which were leveraged long positions, according to CoinGlass.Bitcoin saw some gains over the weekend, tapping $68,600 on Saturday, but it now sits at support at the bottom of a range-bound channel that formed after its Feb.…
Bitcoin is trading around $65,000 as Asia’s trading week begins, down 4.4% according to CoinDesk market data.The move follows a sharp flush from the $67,000 range, where it was trading over the weekend, and comes as on-chain data from Glassnode and CryptoQuant suggest the worst of the panic may have passed, but the broader structure remains under pressure.Glassnode data shows that recent Bitcoin buyers were realizing heavy losses earlier this month. A smoothed 7-day measure of short-term holder profits and losses fell to –$1.24 billion per day on Feb. 6, meaning newer investors were collectively locking in more than $1…
SBI Holdings has quietly rolled out a new on-chain bond designed to give ordinary investors direct exposure to XRP while keeping the product inside Japan’s regulated market. Reports say the issue by the Japan-headquartered financial group totals 10 billion yen and is being recorded, issued and managed on a blockchain system rather than through the usual securities infrastructure. SBI Starts A New Kind Of Bond Based on reports, the bonds — nicknamed the “SBI Start Bonds” in some coverage — are being tokenized on a platform called ibet for Fin, a system built by BoosTry to register and manage securities…
Steinberger publicly confirmed the moderation approach, saying the server operates under “strict” rules and includes a blanket prohibition on crypto discussion. He later indicated he was willing to restore the user’s access, while maintaining the broader no-crypto policy. Steinberger himself, has announced that he has joined the team at OpenAI, stating that, “I’m joining OpenAI to work on bringing agents to everyone. OpenClaw will move to a foundation and stay open and independent.” The rule appears to be a response to a January rebranding incident that exposed the project to crypto-related scams. During the transition from an earlier name to OpenClaw,…
The US Securities and Exchange Commission (SEC) staff last week clarified that broker-dealers can apply a 2% “haircut” to their stablecoin holdings without objection from the SEC.Previously, broker-dealers were uncertain whether to apply a 100% haircut to their dollar-pegged stablecoins, meaning that they did not count the tokens toward their net capital under existing regulations.The clarification came in the form of a posting by the staff of the SEC’s Division of Trading and Markets as a “Frequently Asked Questions Relating to Crypto Asset Activities and Distributed Ledger Technology.”In response, Commissioner Hester Peirce said: In my view, a 100% haircut would…
In the event that quantum computers one day become capable of breaking Bitcoin’s cryptography, roughly 1 million BTC attributed to Satoshi Nakamoto, the creator of the Bitcoin network, could become vulnerable to theft.At today’s price of about $67,600 per bitcoin, that stash alone would be worth approximately $67.6 billion.But Satoshi’s coins are only part of the story.Estimates circulating among analysts suggest that roughly 6.98 million bitcoin may be vulnerable in a sufficiently advanced quantum attack, Ki Young Ju, the founder of CryptoQuant, recently wrote on X. At current prices, the total amount of coins currently exposed represents roughly $440 billion.The…
XRP on-chain pain has drawn fresh attention this week. Realized losses surged to nearly $2 billion over a one-week span. That kind of move grabs traders’ eyes because it often marks a clearing out of weaker holders. Related Reading Santiment Shows Heavy Realized Losses According to Santiment, the spike is the biggest since 2022. Realized losses happen when people sell for less than what they paid. It is a measure of capitulation. In past cycles, similar spikes happened near major lows and were followed by strong rallies. 📉 BREAKING: XRP has seen its largest on-chain realized loss spike since 2022.…
Disagreements within a decentralized autonomous organization (DAO) are a sign of a healthy DAO, according to Dr. Michael Egorov, founder of the decentralized finance (DeFi) platform Curve Finance.DAOs are a decentralized organizational structure that relies on smart contracts to automate functions and member voting to govern onchain protocols. Egorov said that both a 2024 governance proposal involving the Curve DAO and the recent dispute involving the Aave DAO illustrate the importance of disagreements to the structure’s vitality. He told Cointelegraph:“If everyone automatically agrees on something, it feels like people just don’t really care. They vote for whatever comes in, or…
Disagreements within a decentralized autonomous organization (DAO) are a sign of a healthy DAO, according to Dr. Michael Egorov, founder of the decentralized finance (DeFi) platform Curve Finance.DAOs are a decentralized organizational structure that relies on smart contracts to automate functions and member voting to govern onchain protocols. Egorov said that both a 2024 governance proposal involving the Curve DAO and the recent dispute involving the Aave DAO illustrate the importance of disagreements to the structure’s vitality. He told Cointelegraph:“If everyone automatically agrees on something, it feels like people just don’t really care. They vote for whatever comes in, or…
The Pi Coin price is struggling to recover after its recent breakout attempt collapsed. The token is trading near $0.16 after failing to hold gains above $0.19, a level it reached during a bullish flag breakout attempt on February 17. That breakout had projected a rally of nearly 60%, but the move quickly stalled. Since then, Pi has drifted lower, raising concerns that the broader downtrend may still be intact. Yet beneath this weakness, one technical signal suggests a bounce attempt may still be developing. The bigger question is whether retail buyers alone can sustain it. Hidden Bullish Divergence Keeps…