Crypto.com, Canary launch CRO fund in US
Crypto.com and asset manager Canary Capital are launching a US investment fund designed to provide…
OneBalance, a developer platform for multichain applications, has closed a $20 million Series A funding round to streamline the crypto user experience (UX) for developers and fintechs. The $20 million investment round was led by cyber•Fund and Blockchain Capital, with participation from Bybit’s Mirana Ventures and L2IV. Founded by an ex-Coinbase engineer and core contributors…
Key takeaways: An Ethereum whale opened a $11.15M leveraged long position just as ETH broke out of a bull flag. ETH’s price surged above $2,850, pushing the whale’s trade into a $366K unrealized profit. Ethereum options skew turned sharply negative, indicating growing bullish trader positioning. A high-stakes Ether (ETH) long trade is making waves just…
Bankrupt cryptocurrency exchange FTX is facing fresh scrutiny from users fighting for at least $2.2 billion worth of disputed claims still pending approval, with numerous creditors continuing to struggle to get their repayments approved. The FTX Recovery Trust started its second round of payments on May 30, repaying over $5 billion worth of digital assets…
GameStop (GME) shares fell 11.7% in after-hours trading after announcing a $1.75 billion private convertible senior note offering — extending its debt financing strategy that could fund additional Bitcoin purchases. GME had already slid 5.34% to $28.55 during normal trading hours on Wednesday after GameStop reported a first-quarter revenue fall of 17% in after-hours the…
Key takeaways: Bitcoin investor sentiment hits a seven-month high, with a bullish pennant forecasting a rally to $115,000. Wednesday’s CPI print and the chance for a lower-than-expected PPI on Thursday could drive BTC price higher. Bitcoin (BTC) price briefly rallied above $110,000 on Wednesday after US Consumer Price Index (CPI) data came in cooler than…
A lead developer of the Geth Ethereum client has accused the Ethereum Foundation (EF) of secretly creating and funding a second Geth development team. The Geth client is the software used by validators to execute Ethereum transactions. According to an X post by core developer Péter Szilágyi, the organization undermined the Geth development team in…
Key takeaways: Bitcoin onchain data shows a steady depletion of exchange and OTC balances, pointing to long-term accumulation and tightening supply. With BTC open interest near record highs and liquidity drying up, the market is tightly coiled, raising the probability of a sharp move. Bitcoin (BTC) price has consistently risen, even as trading volumes dropped…
Key takeaways: Bitcoin investor sentiment hits a 7-month high, with a bullish pennant forecasting a rally to $115,000. Today’s CPI print and the chance for a lower-than-expected PPI on June 12 could drive BTC price higher. Bitcoin (BTC) price briefly rallied above $110,000 on Wednesday after US Consumer Price Index (CPI) data came in cooler…
Key points: Bitcoin’s chance of hitting new highs increases as bulls show clear intent to defend the $109,000 level. ETH and HYPE are leading the altcoin charge. Bitcoin (BTC) has been holding near the $110,000 level, just short of the all-time high of $111,980. That suggests the bulls are holding on to their positions as…
Key takeaways AI-powered crypto trading bots use machine learning to make smarter, faster trading decisions — without emotions. Setting up a bot involves choosing a platform, connecting your exchange, configuring strategies and running backtests. Bots can run 24/7, react to data instantly and are ideal for passive income seekers and active traders. While powerful, they’re…