James Wynn, famous for his leveraged crypto bets, said he was “back with a vengeance,” but was liquidated just one day after opening new positions. Read More at https://cointelegraph.com/news/james-wynn-liquidated-4-8-million?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Ripple CEO calls for parity in treatment of TradFi, crypto companies
Brad Garlinghouse has asked that Ripple be “held to the same regulatory standards as a bank” as the company awaits a decision on a national charter from the OCC. Read More at https://cointelegraph.com/news/brad-garlinghouse-treatment-tradfi-crypto-companies?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Aave freezes PYUSD markets after unprecedented 300T mint and burn
Crypto users were left scrambling on Wednesday after Paxos minted 300 trillion of PayPal’s PYUSD stablecoin, then sent it all to a burn address. Read More at https://cointelegraph.com/news/aave-freezes-pyusd-markets-after-unprecedented-300t-mint-and-burn?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CME futures open interest flips Binance: Does Wall Street fully control crypto now?
The real winner of last week’s crypto flash crash is the CME. Cointelegraph explains how the exchange is increasing its crypto market share. Read More at https://cointelegraph.com/news/cme-futures-open-interest-flips-binance-does-wall-street-fully-control-crypto-now?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Gold mania? Bank-run style lines at shops as precious metal glitters at all-time highs
Currency inflation and macroeconomic uncertainty are driving the price of gold, Bitcoin and similar assets to new levels. Read More at https://cointelegraph.com/news/gold-mania-lines-shops-precious-metal-all-time-highs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Coinbase Premium keeps BTC above $110K: Will this level hold?
Strong US demand for Bitcoin remains stable above $110,000, but revived long-held coins and surging derivatives point to turbulent days ahead. Read More at https://cointelegraph.com/news/bitcoin-coinbase-premium-keeps-btc-above-dollar110k-will-this-level-hold?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
MEV bot exploit heads to US court, testing crypto’s legal gray zones
Anton and James Peraire-Bueno appeared in court this week to address allegations involving a $25 million exploit on the Ethereum blockchain. Read More at https://cointelegraph.com/news/mev-bot-exploit-trial-industry-impact?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Franco-German bank ODDO BHF launches euro-backed stablecoin
As dollar-pegged tokens like Tether’s USDT and Circle’s USDC continue to dominate, the EUROD joins a growing wave of euro-backed stablecoins entering the market. Read More at https://cointelegraph.com/news/franco-german-bank-oddo-bhf-euro-backed-stablecoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Price predictions 10/15: BTC, ETH, BNB, XRP, SOL, DOGE, ADA, HYPE, LINK, XLM
Bitcoin and several altcoins are facing significant selling pressure on rallies, indicating that the bears are still trying to seize control of the market. Read More at https://cointelegraph.com/news/price-predictions-10-15-btc-eth-bnb-xrp-sol-doge-ada-hype-link-xlm?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin’s ‘Uptober’ vibes hinge on Fed rate cut odds, Nasdaq and tech stocks’ response
Bitcoin’s remaining October performance depends on Fed rate cut odds, BTC ETF inflows and the path major US stocks chose to take. Read More at https://cointelegraph.com/news/bitcoin-s-uptober-vibes-hinge-on-fed-rate-cut-odds-nasdaq-and-tech-stocks-response?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound