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Markets
Ether Reaches Record High of Over $4.4K as Shiba Inu Becomes a Leading ETH Burner
Coin burning refers to the process of removing tokens from circulation and is the crypto market’s equivalent of a stock buyback.
Play-to-Earn Squid Token Rockets 35,000% in 3 Days; Some Users Unable to Sell It
The token buys entry to an online game inspired by Netflix’s hit show, “Squid Game,” but Gizmodo noted several suspicious signs about it.
Bitcoin Dips Below $59K as Leverage Ratio, SHIB Rally Signal Excess Speculation
SHIB’s parabolic run has again coincided with a pullback in bitcoin’s price.
Bitcoin Holds Support, Bounces to $61.4K
A potential technical breakdown would expose a support level near $54,000.
CME Leveraged Funds Raise Bets Against Bitcoin to Record High as Futures Premium Spikes
Earlier this month, analysts had warned of renewed interest in cash and carry arbitrage.
What Drives Crypto Users? Distrust of the System or Speculation?
A new survey finds people aren’t seeking out crypto as an alternative to fiat or commercial banks.
Fractional-Algorithmic Stablecoin Protocol Frax’s Governance Token Surges 80% on Supply Squeeze
About three-quarters of all circulating FXS supply is locked away for an average of 1.08 years, one analyst said.
Market Wrap: Bitcoin Rises Again as Altcoins Outperform
Bitcoin is back above $62K and investors are pumping more money into crypto funds.
DCG’s $1B Pledge and an SEC Filing Kindle Fresh Speculation on ‘Grayscale Discount’
Some cryptocurrency analysts are doubtful the discount will shrink anytime.
Bitcoin Pushes Upward After Weekend Dip
Funding rates across major exchanges were lower over the weekend, making it cheaper for traders to take more long leverage on bitcoin.
