Bitcoin, Stablecoins Command Over 70% of Crypto Market as BTC Pushes Higher
Bitcoin’s (BTC) commanding position in the crypto ecosystem continues to strengthen. When combined with the top two stablecoins by market capitalization — Tether (USDT) and Circle’s (USDC) — these three assets now represent approximately 72% of the total cryptocurrency market. This dominance underscores a broader consolidation at the top...
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Mantra to Burn $160M OM Tokens, 50% From DAO’s Founder, Following 90% Price Crash
Mantra, the real-world asset tokenization platform whose OM token crashed earlier this month, is pushing to burn as much as 16.5% of its total supply valued about $160 million to boost staking rewards after talks with key partners. The proposal to burn as many as 300 million of its...
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Coinbase Launches XRP Futures After CFTC Approval
Coinbase, the largest crypto exchange in the US, has officially launched XRP futures contracts. The move comes after receiving the green light from the Commodity Futures Trading Commission (CFTC). Source: https://www.telanganatribune.com/coinbase-launches-live-xrp-futures-potential-xrp-etf-on-the-horizon/ This marks a key step for institutional investors looking […] The post Coinbase Launches XRP Futures After CFTC...
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ETH/BTC ratio hits 5-year low. Will Ethereum continue to decline below $1,600?
Ethereum is quickly losing ground to Bitcoin, with the ETH/BTC ratio falling to its lowest level in five years. According to CoinGecko data, the ETH/BTC ratio now stands at 0.01787, a level not seen since January 2020. The sharp decline…...
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Bitcoin ETF inflows hit 3-month high amid Trump-Powell tensions
Spot Bitcoin exchange-traded funds in the United States recorded their highest daily inflows in three months, fuelled by renewed risk-on sentiment after President Donald Trump threatened to fire Federal Reserve chair Jerome Powell. According to data from SoSoValue, the 12…...
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Coinbase Derivatives lists CFTC-regulated XRP futures
Coinbase Derivatives, a subsidiary of Coinbase Global, has launched regulated XRP futures contracts, expanding its offerings for U.S.-based crypto traders. The new products, whose launch was announced on an Apr. 21 post on X, are self-certified by the Commodity Futures…...
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WazirX to Get Day in Court Next Month, With Payouts After 10 Days If Recovery Plan is Approved
WazirX, the crypto exchange hit hard by a $234.9 million hack last year, says it’s gearing up to restart operations and begin creditor payments after a key Singapore court hearing on May 13. The exchange’s Singapore-based parent company, Zettai, has wrapped up all prep work for the hearing, where...
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Bitcoin Pops Above $88K Amid Yen Strength; ETH, ADA, XRP See Declines
Bitcoin (BTC) held steady above $88,000 early Tuesday as the Japanese yen crossed the psychological level of 140 against the U.S. dollar, as tariff concerns and risks of a Federal Reserve chairman shuffle in the states broadened the appeal of safe-haven assets. Yen rose nearly 1% to 139.93 against...
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Bitcoin, Euro Options Signal Bullishness Against Dollar Amid Equity and Bond Market Downturn
In a surprising development, options linked to bitcoin (BTC) and the euro-dollar (EUR/USD) exchange rate are indicating strength against the U.S. dollar despite a downturn in the U.S. stock market. This trend suggests the “sell America” trade is gathering pace. Currently, bitcoin’s short- and near-dated risk reversals – which...
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Class-action targets Meteora and Kelsier execs over $69m M3M3 token crash
Solana-based decentralized exchange Meteora is facing a class-action lawsuit that accuses affiliated parties of orchestrating a fraudulent launch of the M3M3 token, resulting in alleged investor losses. An April 21 filing in the US District Court for the Southern District…...
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