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View More NewsKey takeaways:Surging spot Bitcoin ETF outflows and a put-heavy options expiry point to fading institutional demand.Risk-reward shifts toward tech stocks, leaving crypto traders to seek catalysts beyond macroeconomic tailwinds.Bitcoin (BTC) traded down 9% in three days, hitting its lowest level since September 2024. The $58,000 retest triggered over $1 billion in liquidations across bullish BTC leveraged positions. Despite a modest recovery to $59,500, Bitcoin traders remain uneasy as the S&P 500 index and gold prices fully erased their intraday losses.Bitcoin/USD (orange) vs. gold/USD & Nasdaq 100 futures (green). Source: TradingViewThe market downturn on Thursday lined up with the release of…
Aave is the largest decentralized lending protocol, allowing users to lend and borrow crypto assets without intermediaries. Depositors earn yield by supplying tokens to liquidity pools, while borrowers post crypto collateral to take out loans, with smart contracts automatically managing the process.The protocol was thrust into the center of one of DeFi’s biggest crises in April after attackers tied to North Korea’s Lazarus Group exploited KelpDAO’s cross-chain bridge to mint roughly $292 million of unbacked rsETH. The hackers deposited the tokens as collateral on Aave and borrowed real assets against them, leaving the protocol with an estimated $190 million to…
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Are the Democratic Socialists of America (DSA) surging to victory in New York City because foreigners and immigrants are smuggling this ideology into the U.S.? That seems to be the takeaway for many conservatives bemoaning that “Third World-ism”—i.e., the nominally…
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Editor’s note: This article is adapted from a piece originally published in Dutch in de Volkskrant.Here is a trivia question: which continent suffers the most heat-related deaths per capita? By a wide margin, the dubious prize goes to… Europe. In the summer of 2022 alone, more than 61,000 Europeans died as a result of the heat.In case you feel geographically confused: no, the equator does not run through Brussels. Thanks to its northern latitude, Europe in fact endures fewer heat days than almost any other inhabited region on Earth. How, then, can it hold the record for heat mortality? Part…
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The price of Bitcoin continued to turn lower on Thursday as Strategy’s flagship preferred stock notched another record low after U.S. markets opened.Not long…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading…
Japan’s SBI Holdings has signed agreements to acquire full control of crypto exchange Bitbank through a 46.7 billion Japanese yen ($289 million) transaction, advancing…
Last week, a group of bipartisan lawmakers reintroduced the American Innovation and Choice Online Act (AICOA). Although it promises to deliver innovation and choice…
XRP’s push toward $1.25 ran into the same problem that has capped every rally since the spring selloff: sellers waiting overhead. After briefly trading…
Kentucky has sued five prediction market platforms, including Kalshi and Polymarket, adding to a wave of US states launching legal fights with prediction markets…
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People are excited about peptides. The internet is filled with claims: Peptides raise your energy, boost metabolism, clear your skin, slow down aging, build…
Any recovery in the crypto market is likely to take longer than traders expect because Wall Street investors and advisory firms are now focusing…
France’s national cybersecurity agency ANSSI said Tuesday that it will stop certifying security products that lack quantum-resistant encryption, reflecting growing concern among governments about…
In brief Governor JD Pritzker of Illinois signed a new digital asset tax bill into law, enacting a 0.2% tax on transactions starting in…
