Ethereum is experiencing an unprecedented level of short selling, with futures contracts on the Chicago Mercantile Exchange (CME) reaching a record high of 11,341.
The post Ethereum Short Positions Hit Record High as Hedge Funds Bet Against ETH appeared first on Cryptonews. …
Category: Cryptocurrencies
Japan’s SBI Posts Record Crypto Profits; Aims for Nation’s First USDC Listing
The Japanese securities giant SBI has posted record crypto profits as it aims to win the race to become the first crypto exchange in the country to list USD Coin (USDC).
The post Japan’s SBI Posts Record Crypto Profits; Aims for Nation’s First USDC Listing appeared first on Cryptonews. …
Is There Still a Future for $TRUMP? Down Almost 20% This Week
$TRUMP drops 20% this week, struggling at $17.00 as copycat tokens flood the market. Will it recover, or is further downside ahead?
The post Is There Still a Future for $TRUMP? Down Almost 20% This Week appeared first on Cryptonews. …
Tether CEO Warns Quantum Computing Could Unlock Inactive Bitcoin Wallets
Tether CEO Paolo Ardoino has warned that quantum computing could eventually pose a threat to inactive Bitcoin wallets.
The post Tether CEO Warns Quantum Computing Could Unlock Inactive Bitcoin Wallets appeared first on Cryptonews. …
Crypto VC Suggests Market Nearing Local Bottom as Bearish Sentiment Peaks
The cryptocurrency market may be approaching a local bottom, according to Felix Hartmann, founder of Hartmann Capital.
The post Crypto VC Suggests Market Nearing Local Bottom as Bearish Sentiment Peaks appeared first on Cryptonews. …
Coinbase Holds Over $420 Billion in Digital Assets for Users, Exceeding 21st Largest US Bank
Coinbase now holds over $420 billion in digital assets on behalf of its users, surpassing the 21st largest bank in the United States in terms of AUM.
The post Coinbase Holds Over $420 Billion in Digital Assets for Users, Exceeding 21st Largest US Bank appeared first on Cryptonews. …
Gold-Backed Altcoins Boom as Major Banks Raise Price Predictions: Which Coins to Get
Gold-backed cryptos like PAXG & XAUT surge as gold nears $3,000. Citi & UBS raise price targets—investors seek stability in volatile markets.
The post Gold-Backed Altcoins Boom as Major Banks Raise Price Predictions: Which Coins to Get appeared first on Cryptonews. …
Price Breakthrough Forecast: The Next XRP Rally Could Be Here Soon
XRP faces key resistance at $2.50 as a breakout looms. With past surges of 230%, analysts predict a major price move ahead. Will XRP rally soon?
The post Price Breakthrough Forecast: The Next XRP Rally Could Be Here Soon appeared first on Cryptonews. …
Judge Rejects Coinbase’s Defense, Allowing Investor Lawsuit to Proceed in New York
A U.S. federal judge has ruled against Coinbase’s argument that it does not qualify as a “statutory seller” under federal law.
The post Judge Rejects Coinbase’s Defense, Allowing Investor Lawsuit to Proceed in New York appeared first on Cryptonews. …
Florida Senator Proposes State Investment in Bitcoin to Hedge Against Inflation
Florida Republican Senator Joe Gruters has introduced a bill proposing that the state allocate a portion of its funds to Bitcoin and other digital assets as a hedge against inflation.
The post Florida Senator Proposes State Investment in Bitcoin to Hedge Against Inflation appeared first on Cryptonews. …