Quant fund says bitcoin is near a major inflection point as rare onchain signals align
Hyperion Decimus’ Chris Sullivan said four historically reliable indicators have aligned, leaving bitcoin one move away from confirming a major turning point.
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Bitcoin tumbles to new multi-year low of $58,000, but a short-squeeze setup emerges
Derivatives markets signal that betting on further slide in prices is getting overcrowded, setting up for a potential snapback.
MemeCore’s M token suddenly crashes 80% with no clear trigger
The token fell from nearly $3 to about $0.50 in hours, wiping out close to $3 billion in market value, with no exploit or announcement to explain it. Onchain investigator ZachXBT warned in April that M’s price had been propped up by insiders.
Ripple’s RLUSD stablecoin goes live in Japan after regulatory approval
Japan’s financial regulator cleared the U.S. dollar-backed token as a new category of payment instrument, letting SBI VC Trade offer it to institutions and retail. RLUSD remains small, at about $1.7 billion.
Bitcoin has a new line in the sand. Thursday’s core PCE could stress test it.
The market has found a new support level and it could be tested following Thursday’s U.S. inflation data.
XRP slides 2.8% as weak bounce keeps $1 support in focus
Sellers broke another support level on heavy volume, while the recovery failed to reclaim the zone that would ease downside pressure.
Bitcoin back above $60,000, ETH, SOL recoup losses as AI stocks stage rebound
The token fell to about $59,000 before buyers stepped in, but the week’s losses are steep across the board. A blowout Micron forecast lifted stocks and oil kept sliding, yet crypto did not follow.
Upheaval at the Ethereum Foundation has some of crypto’s biggest names feeling bullish
In this week’s edition of The Protocol Newsletter, we’re looking at Ethereum’s eventful week that started off with the launch of EthLabs, plus the layoffs at the Ethereum Foundation, and what this all means for the network.
CryptoQuant says Michael Saylor’s Strategy should halt its bitcoin buying
CryptoQuant says the cash cushion behind Strategy’s STRC has thinned from seven years of coverage to 14 months, and buying BTC at cycle tops has left the company with a $10.6 billion paper loss.
Trump lands in Senate’s crosshairs over $500 million UAE investment in his crypto venture
Senate Democrats call for hearings into whether a $500 million investment by UAE officials in World Liberty Financial influenced Trump’s policy decisions.