Months after the Oct. 10 liquidation cascade, market depth has yet to recover, and traders are divided over Binance’s role as bitcoin continues to crash.
Hints of progress: State of Crypto
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The White House is meeting folks, Congress advanced a bill and key regulators are back to joint press appearances.
Society is experiencing a shift toward gambles that offer rapid feedback and immediate stimulation over long-term investment.
This surge in demand for lower-strike puts contrasts with the post-Trump-election pattern of enthusiasm for high-strike calls.
Glassnode data shows large bitcoin holders accumulating, while retail remains in distribution.
The platform’s governance token (STEP) plummeted over 80% following the announcement amid a wider crypto market drawdown.
Tokenized AI will democratize access to the world’s most valuable resource, argues Brukhman.
Ether also declined significantly, dropping to 56th place with a market cap just above $300 billion and losing 14.5% of its value.
Long-term bitcoin holders are selling at the fastest pace since August, while some industry observers suggest the market may be approaching a bear-market bottom.
Crypto bulls who have theorized that bitcoin can’t begin rising until money flows out of red-hot precious metals are about to find out if they were correct.
Despite crypto’s promise of faster, cheaper transactions, the payments giants aren’t buying the stablecoin pitch, at least not in developed markets.
Stablecoin rewards and the Clarity Act widen the divide between crypto and TradFi, according to people who spoke with the WSJ.