Bitcoin could liquidate a large block of leveraged shorts with a trip above its yearly open, but BTC price dip expectations are building as traders eye $87,000. Bitcoin is setting up a showdown with leveraged shorts immediately above its yearly open price. That key level near $93,500 is the main target for traders hoping that...Continue Reading

Former SEC chair Jay Clayton has released public statements on criminal cases involving crypto since becoming interim US Attorney for the Southern District of New York on April 22. Jay Clayton, recently appointed interim US Attorney for the Southern District of New York (SDNY) and former chair of the Securities and Exchange Commission, has begun...Continue Reading

The new fund aims to offer institutions yield on digital assets, including Bitcoin, Ether and Solana. Tokenization platform Securitize has partnered with decentralized finance (DeFi) protocol Mantle to launch an institutional fund designed to earn yield on a diverse basket of cryptocurrencies, the companies said.  Similar to how a traditional index fund tracks a mix...Continue Reading

Bitcoin bears are at risk of deep losses as soaring inflows to the spot BTC ETFs highlight the return of institutional investor demand. Key takeaways: Bearish Bitcoin traders were caught off guard by BTC’s rally above $90,000. Spot volumes are driving the Bitcoin price rally. Read moreContinue Reading

The commission’s crypto task force announced a meeting with Ondo Finance and law firm Davis Polk and Wardwell, both of which have supported Donald Trump through donations or deals. The US Securities and Exchange Commission (SEC) crypto task force, headed by Hester Peirce, has continued meeting with digital asset company representatives as the agency explores...Continue Reading

Ethereum accumulation addresses saw record historic inflows as ETH price fell to $1,400, but weak DeFi activity and a long-term downtrend challenge the chance of a bullish recovery. Key Takeaways: Ethereum saw a record 449,000 in ETH inflows to accumulation addresses on April 22. Active addresses rose 10%, signaling growing network engagement, but DeFi activity...Continue Reading

In January 2025, news of XRP futures contracts launching on the CME was leaked but quickly retracted, leaving only speculation until now. The Chicago Mercantile Exchange (CME) Group, which operates the largest financial derivatives exchanges worldwide, recently announced that XRP (XRP) futures contracts will go live on May 19. According to the April 24 announcement,...Continue Reading

BTC reserves on cryptocurrency exchanges have fallen to the lowest level since November 2018. Bitcoin reserves on cryptocurrency exchanges have dropped to their lowest level in more than six years, as publicly traded companies ramp up their accumulation of the digital asset following the US presidential election, according to Fidelity Digital Assets.  “We have seen...Continue Reading

Lawyers struggled for months to serve O’Neal as part of a broader $21 billion lawsuit involving celebrity FTX promoters. Shaquille O’Neal has settled with investors who claim losses from the collapse of cryptocurrency exchange FTX, according to an April 23 filing in the US District Court for the Southern District of Florida. The settlement amount...Continue Reading

The cryptocurrency exchange is offering a portfolio management feature that’s commonly used in traditional futures and securities markets. Cryptocurrency exchange Binance has introduced a new fund management solution designed to simplify asset management for portfolio managers, highlighting the growing sophistication of institutional tools in the digital asset space.  On April 24, Binance launched Fund Accounts,...Continue Reading