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XRP shows renewed strength as traders crunch the charts to see if a rally into the $2.30 to $2.50 zone is possible. Does the bulk of the move depend on Bitcoin’s short-term performance? XRP (XRP) defended its $2 psychological floor this week, rebounding nearly 6% on Tuesday after a brief liquidity sweep on Monday. While…
Ethena’s USDe shed 24% of its supply in November, losing market share as fiat-backed stablecoins including USDT, USDC, PYUSD and RLUSD added billions. Ethena’s synthetic-dollar stablecoin USDe saw one of its sharpest monthly contractions yet, while fiat-backed stablecoins including USDT, USDC and PYUSD attracted billions in inflows. CoinGecko data showed that Ethena’s USDe stablecoin fell…
Crypto exchange Binance appointed co-founder Yi He as co-CEO, tightening its top team as it leans into regulated global expansion. Binance appointed co-founder Yi He as co-CEO, elevating one of its earliest architects to a formal leadership role alongside chief executive Richard Teng. In a Wednesday announcement on stage at Binance Blockchain Week, Binance CEO…
The exchange will publish monthly, independently verified reserve reports, giving users third-party confirmation that assets are fully backed. MEXC has expanded its partnership with blockchain security platform Hacken to introduce monthly, independently verified Proof-of-Reserves (PoR) audits, marking a shift toward a more formalized transparency framework for the exchange. The monthly audits will add independent verification…
Bitcoin jumped 4% as US equities dropped ahead of Nvidia’s earnings report, but onchain data noted weak institutional demand. Does data show BTC’s rebound as a sign of spot buying? Key takeaways: Bitcoin rebounded 4% from a key range under $90,000, outperforming US equities on Tuesday. Tech stocks slid ahead of Nvidia’s pivotal Q3 earnings,…
The weakness in the AI sector contributed to the crypto market downturn, as spot BTC ETF outflows and isolated selling sent Bitcoin price to a six-month low. Key takeaways: Bitcoin softened as tech sector weakness spilled into crypto markets, reducing risk appetite and limiting demand for bullish leverage. Persistent spot Bitcoin ETF outflows and targeted…
Changpeng Zhao’s lawyer, Teresa Goody Guillén, reportedly threatened to sue Warren for “defamatory statements” on X after CZ secured a pardon from Trump. A lawyer for US Senator Elizabeth Warren has hit back at allegations that she defamed Binance founder Changpeng Zhao in a social media post following US President Donald Trump’s pardon of him….
This month saw the first “Uptober” in seven years to finish with Bitcoin in the red. Meanwhile, BNB takes off thanks to memecoins. Bitcoin (BTC) is about to disappoint investors, as it’s on the verge of ending October, a historically good month, in the red. Meanwhile, BNB Chain has seen record activity as token prices…
The eight-hour outage occurred during the largest liquidation event in crypto history, prompting dYdX to propose community-governed reimbursements from its insurance fund. Decentralized exchange dYdX released a post-mortem and community update detailing plans to compensate traders affected by a chain halt that paused operations for roughly eight hours during last month’s market crash. The exchange…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, US Treasury Scott Bessent signals trade framework deal reached, CZ’s pardon by Trump followed a lobbying push that included $450,000 to Trump-linked lobbyists, and…