Bitcoin nears 2024 lows as options traders pay up for downside protection
Bitcoin and ether slid toward key support price levels. DeFi tokens were hit hardest, even as XLM and LIT bucked the broader market weakness. Source:CoinDesk
Ether, solana and dogecoin slide as Strategy's bitcoin sales plan pressures market
Bitcoin held below $60,000 as a surging dollar kept crypto pinned. Onchain demand stayed quiet through the week's losses, and Strategy's plan to possibly sell…
Tether trades at 7% to 10% premium in India. Exchanges say its just supply and demand
Executives at major platforms CoinDCX and CoinSwitch say the premium reflects a demandsupply imbalance and thin local liquidity. Source:CoinDesk
Bitcoin under pressure below $60,000 as Japanese yen hits 40-year low against the U.S. dollar
BTC fell in Asia as the Japanese yen tanked to fourdecade lows, lifting the dollar higher across the board. Source:CoinDesk
Bitmine lifts Ether holdings to 5.7M as it joins Russell 1000
Bitmine purchased about $43 million worth of Ether last week as it entered the Russell 1000 Index, bringing it closer to its goal of owning 5% of ETH’s supply.…
Bitcoin faces critical test as bulls aim to hold $60K: Did BTC bottom?
Bitcoin’s loose hold on $60,000 and soft futures markets raise questions about whether BTC has bottomed. Source:Cointelegraph
Bitcoin balances $60K tightrope as US stocks rebound on fresh Iran peace deal hopes
Bitcoin faced its own battle for support as US stocks headed higher and analysts warned of a lack of "conviction" among BTC buyers. Source:Cointelegraph
Crypto analytics firm Chainalysis proposes standards for blockchain tracing
The blockchain analysis company published a proposed ontology for how investigators can identify clusters of crypto addresses and link them together.…
Can AI drain DeFi? Separating Claude Mythos hype from reality
Claude Mythos has raised concerns about AIdriven attacks on DeFi protocols. However, the same AI tools are also available to security teams, not just…
BlackRock pushes deeper into DeFi with Ethena integration, sending ENA up 8%
The deal adds Ethena's yieldgenerating token to BlackRock's risk management platform and create a $100 million liquidity facility for BlackRock's tokenized…
Tom Lee blames crypto weakness on quarter-end 'window dressing' as Bitmine adds another $43 million of ETH
Bitmine made its smallest purchase since early May as Lee pointed to investors cutting losses before the start of the second half of the year. Source:CoinDesk
Tether's USDT jumps to 8.5% premium in India after crypto payment crackdown
Raids on crypto payment firms in Bengaluru disrupted the pipeline that feeds dollarpegged USDT to Indian platforms, pushing its local price more than 8.5%…