Bitcoin fell back below $80,000 after failing to hold gains above that level, focusing attention on the $78,500-$79,000 support zone. Technical analysis and Binance liquidation data suggest Bitcoin may need to test lower liquidity levels before bulls can push toward $83,000-$84,000. A strong rebound from $78,500 and reclaiming $80,500 would confirm buyer strength and open the path to higher targets. Conversely, a break below $78,500 could lead to a deeper correction and weaken the bullish outlook.
Robinhood has purchased $25 million worth of Bitcoin to hold directly on its corporate balance sheet, as announced by Johann Kerbrat, the company's senior VP for international and crypto operations. This move marks a significant step for Robinhood, a...
At Token2049, Hyperliquid founder Jeff highlighted the success of HIP-3 markets, emphasizing that they allow users to perform financial actions previously unavailable to them. He stressed the importance of making finance accessible to everyone global...
Ethena has introduced a $1 billion secured lending facility with FalconX to add institutional lending activities linked to USDe-backed assets. This arrangement uses overcollateralized credit funded by USDe's backing assets, with FalconX managing orig...
Bitcoin's price fell sharply below $84,000, reaching $83,551 on Coinbase amid a sudden market sell-off. This decline triggered the liquidation of $83 million worth of long positions within 24 hours, indicating significant trader losses and increased ...
At TOKEN2049 in Singapore, Ethena Labs CEO Guy Young emphasized that yield in crypto is not a commodity because different products carry different risks based on how operators manage them. Ethena’s USDe and sUSDe tokens use a delta-neutral strategy t...
