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Markets
Mt. Gox Effect? Bitcoin Dominance Drops Most in 5 Months
BTC's dominance tanked Monday as news of Mt. Gox repayments bolstered concerns of supply overhang entering the market.
Ether Traders Buy $4K Calls In Anticipation of Record High
Call buyers are implicitly bullish on the market.
Mt. Gox to Begin Repayments in July; BTC Slides Under $61K
The defunct crypto exchange is supposed to return over 140,000 bitcoin to victims of the 2014 hack.
Japan’s Metaplanet Wants to Buy Another $6M Bitcoin
The firm will purchase over $6.2 million worth of bitcoin using proceeds from an upcoming bond issuance, adding to its BTC coffers.
Bitcoin Tumbles Toward $62K as Crypto Bulls See $150M in Liquidation
The CoinDesk 20 index, which tracks major tokens minus stablecoins, slumped just over 4%.
This Is Why Altcoin Investors Struggle Despite Bitcoin, Ether Sitting Near Yearly Highs
Constantly diluting supply with token unlocks, selling pressure from venture funds, lack of fresh inflows to crypto and seasonal trends all contributed to the brutal drawdown in altcoin prices.
Bitcoin Slumps Under $64K Amid Historic ‘Negative’ Sentiment
Lame price action has apparently caused crowd sentiment to be in negative territory for four straight weeks, a sign that may spell relief for bulls in the near term.
Meme Coin Liquidity Hits Record High Even as Bid-Ask Spread Spotlights Risk
Generally, increased liquidity leads to a tighter bid-ask spread, but that's not the case with meme coins.
Bitcoin Options Market Isn't Buying BTC Price Weakness, Shows Bias for $100K Calls
Demand for BTC calls at $100K suggests traders preparing for a renewed rally into 2025, according to one trading firm.
LayerZero Says Users Must Pay 10 Cents per ZRO to Claim Token
The donations appear to be mandatory and the LayerZero Foundation will match proceeds upto $10 million.
