Markets
Bitcoin Traders 'Buy the Dip' as BTC Price Slips Below $88K, Kraken Says
Traders are buying the dip, lifting the perpetual futures long-short ratio, Kraken's Alexia Theodorou told CoinDesk.
USDe Issuer Ethena Labs Integrates Chaos Labs' Edge Proof of Reserves Oracles to Strengthen Risk Management
The Edge Proof of Reserves Oracles provide a real-time, transparent mechanism to verify that token issuers like Ethena hold sufficient reserves.
Binance Open Bitcoin Futures Bets Jump by Over $1B as BTC Chalks Out Bearish Candlestick Pattern: Godbole
Futures activity hints at an influx of fresh shorts as Monday's bearish marubozu candle points to more losses ahead.
Solana Plunges 14%, XRP, Dogecoin Down 8% as Crypto Market Sell-Off Worsens
Traders said the current bearish sentiment could be overblown and macroeconomic decisions were key to support market growth.
Memecoins Under Fire as BTC Lullfest Below $100K Revives Memories of 2018
Attendees at Consensus saw memecoins as net negative for the broader crypto market. Some expected the SEC to approve ETFs tied to top altcoins.
Solana Whales Increase Engagement in Bearish Options Plays on Deribit Amid SOL Meltdown and Impending Unlock
SOL put options accounted for most of the block trades that crossed the tape on Deribit last week.
Bitcoin, Ether Slump as Crypto Prices Dip on Report of Massive $1.5B Bybit Hack
The move happened as crypto exchange Bybit saw a sudden $1.5 billion worth of ETH outflow.
Bybit Makes Liquidation Data More Transparent Aiming to Lure Institutional Investors
The move is meant to help lure instituional investors and improve market transparency.
Pi Network's Token Debuts at $195B Value Despite Minimal Liquidity
There are definite liquidity concerns as 2% market depth on OKX fails to reach $100,000..
LIBRA Memecoin Fiasco Destroyed $251M in Investor Wealth, Research Shows
On-chain data tracked by Nansen shows 86% of traders lost money, a total of $251 million.
