Culper Research shorts Ether, warns of Ethereum ‘death spiral’
Short-selling firm Culper Research says it has taken a bearish position against Ethereum’s native token and companies closely tied to it, arguing that the blockchain’s economic model is deteriorating following recent network changes. Short seller Culper targets Ethereum and BitMine…...
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Vancouver’s Bitcoin ambitions face setback as staff urge council to drop plan
City officials in Vancouver are recommending that councillors abandon a proposal to integrate Bitcoin into municipal financial strategy, dealing a potential blow to a high-profile initiative championed by Mayor Ken Sim. Vancouver staff throw cold water on the mayor’s Bitcoin…...
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Oil jitters and macro headwinds weigh on crypto markets as fear index hits extreme lows
Rising oil prices and macroeconomic pressures could prolong crypto market volatility, challenging investors to navigate heightened uncertainty. The post Oil jitters and macro headwinds weigh on crypto markets as fear index hits extreme lows appeared first on Crypto Briefing....
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OpenAI just turned ChatGPT into your spreadsheet co-pilot
OpenAI’s ChatGPT integration with spreadsheets enhances productivity, challenging specialized financial tools and reshaping data management. The post OpenAI just turned ChatGPT into your spreadsheet co-pilot appeared first on Crypto Briefing....
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Bitcoin exchange reserves just hit a level not seen since the Trump midterms
Bitcoin’s declining exchange reserves suggest a bullish trend, but reduced liquidity could lead to significant price volatility. The post Bitcoin exchange reserves just hit a level not seen since the Trump midterms appeared first on Crypto Briefing....
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Bitcoin Bears Lose The Lead: Negative Funding Is The Only Thing Stopping A Structural Breakout
Bitcoin is showing renewed strength after reclaiming the $70,000 level, a move that has helped stabilize sentiment following weeks of heightened volatility and uncertain market direction. The recovery comes as several structural indicators begin to shift in favor of a more constructive market environment, suggesting that the recent correction...
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No one is talking about Altseason — Santiment says that could be bullish
Discussion around a potential “altseason” has dropped to extremely low levels across crypto social channels, a development that market intelligence platform Santiment says has historically preceded rallies in alternative cryptocurrencies. Altseason mentions collapse as Bitcoin slips to $70K In a…...
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Solv Protocol exploit drains $2.7M in SolvBTC, 10% bounty offered
Bitcoin-focused Solv Protocol was exploited on Thursday, resulting in roughly $2.7 million worth of funds drained from one of its token vaults. The project has offered a 10% bounty to the attackers. Solv Protocol is a DeFi platform that allows…...
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How Will Markets React to $2.6B Crypto Options Expiring Today?
Around 31,700 Bitcoin options contracts will expire on Friday, Mar. 6, with a notional value of roughly $2.2 billion. This event is much smaller than last week’s, so there is unlikely to be any impact on spot markets. Crypto markets have seen a little daylight this week, with around...
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Canada’s Top 5 Bank Makes Crypto ETF Move With New Multi-Asset Fund
The fund behind the product has history with this asset class. Toronto-based 3iQ debuted one of the world’s first publicly traded spot Bitcoin funds back in 2021, well ahead of US regulators, who didn’t greenlight comparable products until early 2024. That fund crossed $1 billion Canadian dollars in assets...
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