Bitcoin Eyes New August Lows As Binance Longs Face A ‘Cleanout’
Bitcoin (BTC) long positions are “facing liquidation” as volatility shows signs that a range breakout is finally coming.Key points:Bitcoin long positions face…
NUSD Redemptions Paused as Neutrl Reviews Reserves
Decentralized finance (DeFi) protocol Neutrl has suspended minting and redemptions for its NUSD synthetic dollar after unspecified circumstances affected protocol…
Figure Loan Marketplace Volume Reaches $4.3B in Q2
Figure Technology Solutions reported $4.3 billion in consumer loan marketplace volume for the second quarter, up 132% from a year earlier, as its quarterly profit…
Ethereum Foundation pivots away from Poseidon in post-quantum plan
Advances in compact proofs have erased Poseidon’s previous performance advantage, according to researcher Justin Drake.
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Bitcoin Circles $64K As Fed Official Hints At Need For Rate Hike Despite Cool PPI
Bitcoin (BTC) edged away from weekly lows on Thursday after the US Producer Price Index (PPI) narrowly cooled in July.Key points:Bitcoin avoids further downside…
Robinhood Chain Relies on Uniswap as Liquidity Nears $1B
Robinhood’s partnership with Uniswap is helping the brokerage rapidly build liquidity on its new blockchain, potentially removing a key obstacle to attracting…
Bitcoin Mining Capacity Shifts as AI Data Center Demand Grows
Publicly traded Bitcoin miners are cutting mining capacity faster than the Bitcoin network overall, suggesting that more operators are redirecting electricity and…
Bitmine’s $257M Staking Income ‘Fills’ Operational Gaps, Share Buybacks: Analysts
Bitmine Immersion Technologies, the largest corporate Ether holder, surpassed 5 million Ether in staked tokens, which will generate an estimated $257 million in…
MUFG PoC to bring Japanese government bond repo transactions onchain
MUFG’s experiment plans to bring Japanese government bond repo transactions onchain to achieve 24/7 settlement, as well as improved capital and operational…
Bitcoin Price Range Breakout Rests On Short-Term Holders, Analysis Shows
Bitcoin (BTC) recent buyers are the latest hurdle to a breakout from a stubborn trading range in place since June.Key points:Bitcoin short-term holders are keen…