$27.53m PEPE long opens the door for a high-stakes market shift, WallitIQ responds
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A $27.53m leveraged PEPE position stirs concerns over crypto instability, while WallitIQ offers risk management solutions. A $27.53 million…
First Digital USD (FDUSD) Depegs After Justin Sun Alleges Firm Is ‘Insolvent’ and Not Fulfilling Redemptions
A prominent stablecoin depegged from the US dollar Wednesday morning after it was alleged that its Hong Kong-based issuer was bankrupt In a new thread on the social media platform X, crypto billionaire and Tron (TRX) founder Justin Sun urged…
Bitcoin Investors Stay Firm While Losses – Is Sentiment Changing?
According to a current CryptoQuant Quicktake post, short-term Bitcoin (BTC) investors are deciding to refund their digital holdings, experiencing potential losses. The CryptoQuant contributor on-chain mentioned that short-term BTC investors have recorded notably lower realized losses compared to their potential…
Justin Sun urges users to exit First Digital Trust amid insolvency concerns
Key Takeaways Justin Sun said First Digital Trust is insolvent and called on users to withdraw funds and regulators to intervene. The warning came hours after filings revealed Sun bailed out TUSD when $456M in reserves were frozen in unauthorized…
Grayscale Expands Bitcoin ETF Offerings With Two Covered Call Funds
Grayscale has introduced two new bitcoin-focused exchange-traded funds (ETFs), the Bitcoin Covered Call ETF (BTCC) and the Bitcoin Premium Income ETF (BPI). These actively managed funds use covered call strategies to generate income while offering exposure to bitcoin’s price movements….
Is This The Real Reason Why Tether Is Buying Bitcoin?
Tether, the issuer of USDT, is stockpiling Bitcoin in 2025. Is this a strategic move to protect against a USDT depeg? In 2021, USDC depegged and couldn’t restore the peg immediately because banks were closed. The world’s largest multichain stablecoin…
Robinhood CEO Vlad Tenev Says Crypto Tokenization Could Secure Dominance of US Stock Market
The chief executive of retail trading giant Robinhood says that the tokenization of traditional assets could secure the dominance of the US equities market. In a new interview on the Bankless YouTube channel, Robinhood CEO Vlad Tenev says that crypto…
Bitcoin (BTC) Needs to Reclaim These Price Levels to Ignite Next Bull Run (Analyst)
TL;DR Bitcoin faces resistance before a possible bullish continuation. One popular analyst highlighted the 200-day MA and the 50-day MA as critical reversal points. Can Bulls Regain Control? Bitcoin (BTC) became the talk of the town at the start of…
Updated List Of All The Spot XRP ETFs
XRP ETFs are expected to bring much-needed support to the third largets cryptocurrency in the markets. ETFs tend to bring long-term investment and just like we saw in the case of Bitcoins, the approval of ETFs leads to a historic…
Major survey finds 1 in 5 U.S. adults now use cryptocurrency
A new study by the National Cryptocurrency Association found that 55 million U.S. adults now use cryptocurrency, with 76% saying it positively impacts their lives. On April 2, the National Cryptocurrency Association released the largest-ever survey of American cryptocurrency holders….
