Over $600M Locked in Open Dogecoin Futures as DOGE Price Hits Highest Since April
A rise in open interest alongside a rise in price is said to confirm an uptrend.
Solana Hype Bumps BONK to Third-Largest Dog Token, Behind DOGE, SHIB
A more than 70% surge since Sunday has catapulted it to the third-largest dog-themed tokens behind foremost dogecoin (DOGE) and shiba inu (SHIB).
Cathie Wood’s ARK Invest Sells $33M of Coinbase Shares, $5.9M of Grayscale Bitcoin Trust
ARK sold a total of 237,572 COIN shares across three different ETFs: ARKK, ARKW and ARKF.
Bitcoin Surge Blasts $170M in Bearish Shorts as BTC Price Targets $48K
Short traders betting against higher bitcoin (BTC) prices lost some $90 million on Tuesday alone, adding on to the $70 million in short liquidations on Monday.
Key Metrics Show Crypto Traders Turning to Ether From Bitcoin
Futures and options market metrics suggest traditional finance players and sophisticated market participants may soon rotate money into ether from bitcoin.
Bitcoin Inscriptions Divide BTC Community Amid Network Congestion, but Are ‘Unstoppable’
As unconfirmed transactions on the Bitcoin blockchain rise, Luke Dashjr, a prominent developer pledges that Ordinal Inscriptions are a ‘bug’ that will be fixed.
Tiny Euro-Pegged Stablecoin Surges 200% on Binance Before Exchange Halts Trading Due to ‘Abnormal Volatility’
The AEUR-USDT trading pair hit a $3.25 high Tuesday afternoon before Binance suspended trading with the token.
Fresh Money Flows to Crypto as Stablecoin Market Expands After 1.5 Years Downtrend
Tether’s USDT added $7 billion to its market cap since September, a sign of capital entering the crypto market, Matrixport noted.
The Funniest Anon on Crypto Twitter
Gwart has the ear of DeFi’s elite. What they don’t know is that crypto’s truth-telling, funnyman is secretly a Bitcoiner.
Why Are People Spreading Falsehoods About Bitcoin’s Water Use?
No, despite what you might have heard recently, Bitcoin transactions do not consume a swimming pool of water. Noelle Acheson dives into the fallacy, and points out that poor research is not the only culprit here.