This week saw the crypto market shed over $100 million of its total capitalization as macro risks and ETF outflows took their toll. Crypto markets traded lower over the past seven days, with Bitcoin leading the decline as investors shifted away from risk assets. BTC started the week near the $77,000-$78,000 range but steadily…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. AI trading robots expand from stocks into crypto as traders use automation tools like BulkQuant for market monitoring. Summary AI trading robots are moving from stock tools into crypto as traders need automation for…
In Bitcoin ETF news today, Tuesday, May 26, someone sold 29 million shares of BlackRock’s iShares Bitcoin Trust in a single transaction worth approximately $1.29Bn, the largest block trade in IBIT’s fifteen-month history. Since then, Bitcoin has dropped nearly -5% before stabilizing between $73,000 and $74,000. Here is the central tension this article unpacks: if…
The end of another week and the end of the month spell a larger crypto options expiry as spot markets continue to retreat. Around 85,500 Bitcoin options contracts will expire on Friday, May 29, with a notional value of roughly $6.3 billion. This event is larger than usual for the end of the month,…
Crypto markets found support on Friday after reports suggested the United States and Iran were close to extending their ceasefire and reopening shipping routes through the Strait of Hormuz. Summary Crypto prices steadied as reports pointed to a potential 60-day U.S.-Iran ceasefire extension and easing oil prices. Bitcoin ETF outflows reached $2.85 billion over nine…
OKX Ventures has agreed to acquire a 19.6% stake in South Korean cryptocurrency exchange Coinone through an 80 billion won ($53 million) investment, expanding the global exchange group’s presence in one of Asia’s largest digital asset markets. Summary OKX Ventures will invest $53 million in Coinone, securing a 19.6% stake pending regulatory approval. Korea Investment…
Sui experienced its second network stall in five months on May 28. Sui Network has restored operations after a disruption that kept its blockchain offline for nearly six hours on Thursday. The Layer 1 network said the issue was caused by a bug tied to its recently released 1.72 update, which specifically affected the…
Trezor has launched a Morpho integration that lets users earn yield on USDC and USDT inside Trezor Suite. Summary Trezor Suite now offers native USDC and USDT yield through two Morpho vaults curated by Steakhouse Financial. Yield comes from borrowing demand on Morpho, not token incentive programs. Deposits, withdrawals and reward claims are signed directly…
AlphaRaccoon’s username was removed from the Polymarket account after users on Discord and X speculated that the trader may have been a Google insider. US prosecutors have charged Google software engineer Michele Spagnuolo, also known online as ‘AlphaRaccoon,’ with allegedly using confidential internal Google search data to profit roughly $1.2 million through bets placed…
Kalshi has sued Minnesota to block the state’s prediction market ban set to take effect on August 1. Summary Kalshi filed a federal lawsuit against Minnesota over its new prediction market ban law. The company argues the Commodity Exchange Act gives the CFTC exclusive jurisdiction over event contracts. Minnesota’s law would make operating a prediction…
