Bitcoin price tools returned to levels last seen several years ago as calls for a BTC price relief rally continued to grow louder. Read More at https://cointelegraph.com/news/bitcoin-87k-btc-buying-opportunity-or-dead-cat-bounce?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
Berachain disputes ‘framing’ of a $25M refund deal to Brevan Howard
Berachain’s founder says a report that it gave one of its Series B investors a year-long refund right on its $25 million investment is both “inaccurate and incomplete.” Read More at https://cointelegraph.com/news/berachain-founder-disputes-framing-25m-refund-deal-brevan-howard?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘OG whale’ who called the October crash has a $44.5M long on Ether
The Hyperliquid whale that made $200 million in the October crash has just added another $10 million to its long position on Ether. Read More at https://cointelegraph.com/news/infamous-og-whale-loads-big-eth-bet-market-set-to-pump?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto VC activity hits $4.6B in Q3, second-best quarter since FTX collapse
Half of the capital raised in the third quarter was from seven venture deals, with Revolut leading the way with a $1 billion investment. Read More at https://cointelegraph.com/news/blockchain-venture-funding-rebounds-q3-crypto-startups-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin’s Sharpe ratio is nearly at zero, a rare risk-reward signal
Bitcoin’s Sharpe ratio has fallen to nearly zero, matching levels from 2019, 2020, and 2022 market bottoms, as 8% of all BTC moved onchain in historic volatility. Read More at https://cointelegraph.com/news/bitcoin-indicator-flashes-rare-risk-reward-signal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BitMine, Strategy, SharpLink stocks outpace crypto market recovery
Digital asset treasury stocks surged on Monday, led by BitMine, even outpacing the broader crypto market’s gains as institutional ownership increased. Read More at https://cointelegraph.com/news/bitmine-strategy-sharplink-are-outpacing-crypto-market-recovery?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC issues ‘rare’ no-action letter for Solana DePIN project token FUSE
It comes several months after the SEC issued a similar no-action letter to DoubleZero, seen as a significant regulatory milestone for DePIN projects. Read More at https://cointelegraph.com/news/sec-no-action-letter-fuse-depin-project?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
South Korea’s Upbit parent plans US IPO after Naver merger: Report
US investors could soon get exposure to South Korea’s active crypto market, as crypto exchange Upbit’s parent company, Dunamu, reportedly eyes a Nasdaq listing. Read More at https://cointelegraph.com/news/south-korea-upbit-parent-dunamu-plans-nasdaq-ipo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Wall Street need not be squeamish about Bitcoin’s ups and downs: Pomp
Bitcoiners aren’t new to 30% drawdowns, but it could be a first for many Wall Street investors, said crypto commentator Anthony Pompliano. Read More at https://cointelegraph.com/news/bitcoin-volatility-drawdowns-pompliano-wall-street-analysis?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SOL rebounds alongside wider crypto market bounce: Is $160 possible?
SOL price rallied to $140, but weak derivatives market metrics and stagnate network fees show limited investor confidence. Is a retest of the $160 possible? Read More at https://cointelegraph.com/news/sol-rebounds-as-crypto-market-recovers-is-dollar160-next?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound