Bitcoin, Ethereum, Solana Plunge Over 10% In 1 Week: What Does Technical Analysis Say?
Bitcoin (CRYPTO: BTC) may not have found its bottom yet, with veteran trader Gareth Soloway warning that the cryptocurrency could still retest $60,000 before a durable recovery forms. “Don’t Think We’ve Reached A Bottom Yet” Speaking with Paul Barron on June 3, Soloway said Bitcoin’s current structure resembles a...
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Crypto Markets Are Already Pricing SPCX: What Happens At IPO?
SPCX is set to hit the NASDAQ in June, and crypto markets have already begun pricing the asset. A rapidly growing shadow market now lets retail investors speculate on SpaceX’s valuation before public trading. A perpetual contract platform, Trade.xyz, has launched a futures contract that tracks the expected market...
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Morgan Stanley boosts Bitcoin holdings by over 220 BTC via MSBT ETF
Morgan Stanley’s Bitcoin ETF signals growing institutional acceptance, potentially driving significant capital inflows and influencing market dynamics. The post Morgan Stanley boosts Bitcoin holdings by over 220 BTC via MSBT ETF appeared first on Crypto Briefing....
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US jobless claims rise to highest level since February amid holiday volatility
Rising jobless claims signal potential labor market softening, prompting investor caution amid holiday data volatility and economic uncertainty. The post US jobless claims rise to highest level since February amid holiday volatility appeared first on Crypto Briefing....
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Coinbase Targets Crypto Crime, Freezing $3M Linked To Scam Operations
Coinbase moved to freeze more than $3 million in crypto linked to scam networks operating across Southeast Asia, a move that came as US authorities and private firms widened a joint campaign against fraud rings that have drained billions from Americans. The freeze was announced during Disruption Week, a...
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SpaceX sets $135 price for blockbuster IPO, challenging Wall Street norms
SpaceX’s IPO strategy could redefine market expectations, emphasizing direct pricing control and potentially influencing future IPO approaches. The post SpaceX sets $135 price for blockbuster IPO, challenging Wall Street norms appeared first on Crypto Briefing....
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US jobless claims rise to 225K as labor market shows early cracks
Rising jobless claims may prompt earlier Fed rate cuts, impacting Treasury yields, the dollar, and potentially boosting crypto markets. The post US jobless claims rise to 225K as labor market shows early cracks appeared first on Crypto Briefing....
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Generalist AI raises $400M in funding round led by Radical Ventures, hitting $2B valuation
Generalist AI’s funding surge highlights growing investor confidence in versatile robotics, potentially reshaping labor dynamics across industries. The post Generalist AI raises $400M in funding round led by Radical Ventures, hitting $2B valuation appeared first on Crypto Briefing....
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XRP Whales Have Stopped Selling On Binance, But Why Is Price Crashing?
New reports reveal that XRP whales are withdrawing from Binance, the world’s largest crypto exchange, in massive numbers. As a result, sell-offs on the platform have largely stopped, with whales moving most of their tokens into private wallets. With these large investors now controlling a significant portion of daily...
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Hut 8 hires NextEra veteran Mark Eidelman to lead investor relations amid AI infrastructure pivot
Hut 8’s strategic pivot towards AI infrastructure, led by seasoned finance executive Mark Eidelman, could significantly lower capital costs and enhance competitive positioning, impacting long-term investor returns. The post Hut 8 hires NextEra veteran Mark Eidelman to lead investor relations amid AI infrastructure pivot appeared first on Crypto Briefing....
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