Share: Solana price is bullish, up 25% from the September 10 low of $17.33 with a commitment to more upside potential. SOL could rise 10% to breach the 100-day EMA resistance at $24.40 if bullish momentum grows. With Bitcoin, Ethereum, and Ripple … [Continue reading]
Bitcoin, Ethereum worth $1.8 million stolen in a phishing incident on a fake search website
Share: A user was phished by a fake imtoken url on a search website, losing Bitcoin and Ethereum worth $1.8 million. The suspected attacker address 34uE...PjNm received approximately 63 BTC ($1.69 million) from the victim address 3Hnx...8CZN … [Continue reading]
Ethereum price: Frog Nation ex-CFO 0xSifu longs ETH with a position size of more than $20 million
Share: Frog Nation’s former CFO 0xSifu has long ETH with position size of more than $20 million. The trader opened and gradually extrapolated his positions on Kwenta, data from Perps Watcher shows. Meanwhile, a strong bullish divergence remains in … [Continue reading]
SBF trial prosecutors defy court’s moratorium for a five-page evidentiary letter 11 PM Friday
Share: Prosecutors defied a court-issued ban on late-night submissions, filing a five-page evidentiary letter at 11PM on Friday. The new evidence includes SBF's tweet(s) "convincing Marc-Antoine Julliard not to withdraw funds on November 6 and 7, … [Continue reading]
Bitcoin price surges as SEC misses appeal deadline for Grayscale GBTC conversion to spot BTC ETF
Share: Bitcoin price is up almost 1% amid spreading news that the US SEC will not be appealing the Grayscale victory. Trading volume continues to increase, up 61% thus far despite the characteristic weekend lull. It comes as investors anticipate … [Continue reading]
SEC will not appeal court ruling on Grayscale GBTC conversion to spot Bitcoin ETF – Reuters
Share: The SEC is set to accept the court’s decision to approve the conversion of Grayscale’s Bitcoin Trust into an ETF, according to Reuters. The precedence set by this development would allow for the myriad of spot BTC ETF applications to be … [Continue reading]
Invesco Galaxy updates its Spot Bitcoin ETF S-1 after Ark Invest, analysts say more to come
Share: Invest Galaxy has updated its spot Bitcoin ETF S-1 a day after Ark Invest did the same. It comes only weeks after the US SEC emails issuers with comments and questions regarding their forms S-1 ETF specialist Eric Balchunas expects the rest … [Continue reading]
This Ethereum-based dApp noted a 100% increase in TVL in a month, eclipsing Lido DAO, AAVE and more
Share: Silo Finance which is deployed on both Ethereum and Arbitrum, has attained a TVL of $143 million. In comparison, MakerDAO, Curve Finance and Convex Finance noted a decline of 16% to 23% in the past month. In the same duration, the native … [Continue reading]
ECB preview: could markets and/or politics disrupt the ECB’s soft landing? – SocGen
Share: Anatoli Annenkov of Société Générale notes that threats to the Eurozone's "soft landing" economic outlook loom over the horizon, as well as upside risks to inflation. On Our Minds: Euro Area Having mainly used the short-term policy … [Continue reading]
Pound Sterling retreats as UK economy exposes to slowdown
Share: Pound Sterling faces an intense sell-off due to risk-off impulse and weak manufacturing activity data. Persistent US inflation dampens the market mood. The BoE is expected to keep interest rates unchanged for the second time in a row. The … [Continue reading]