Grayscale Investments filed an S-1 form to the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering (IPO) of its common stock. Grayscale noted that the number of shares to be registered and the proposed price range for the offering have not yet been determined. The company stated that the offering…
Federal Reserve rate cut odds for December have fallen to near coin toss levels, signaling rising uncertainty among investors ahead of the Dec. 10 meeting, according to data source CME’s FedWatch tool. Markets now price roughly a 52% chance of a 25 basis point cut, down sharply from 95% a month ago and 65% a…
The crypto market continued to establish fresh levels of support on Thursday, with bitcoin BTC$102,956.78 trading around $103,000 while ether ETH$3,504.10 rose less than 1% to $3,500. The average crypto relative strength index (RSI) remains in neutral territory while the Fear and Greed index is printing 25/100, indicating negative sentiment across the market. There was…
In a market characterized by choppy price action and uncertainty, large traders of major cryptocurrencies are quietly taking divergent paths. While bitcoin BTC$102,848.53 investors are bracing for volatility with non-directional option plays, some XRP$2.5121 traders are betting on the opposite, recent block trades on crypto options exchange Deribit show. Over the past week, strangles accounted…
Canary Capital is widening its bet on niche crypto assets with a new filing for an exchange-traded fund tied to MOG Coin, a cat-themed memecoin born from TikTok culture.The firm submitted a registration statement on Wednesday for the Canary MOG ETF, aiming to offer direct price exposure to MOG held by the trust, minus operating…
Decentralized derivatives platform Hyperliquid suffered a $4.9 million loss Wednesday after a carefully orchestrated manipulation of the POPCAT token, according to data shared by blockchain sleuth Lookonchain. The attacker withdrew $3 million in USDC from centralized exchange OKX, splitting it across 19 wallets to create a massive leveraged long position valued between $20 million and…
The heat is rising on digital asset treasuries in the Far East. Japan Exchange Group (JPX), which operates the Tokyo Stock Exchange, is considering measures to curb the growth of listed companies that hoard digital tokens as treasury assets, according to Bloomberg. The bourse is exploring actions such as stricter enforcement of backdoor listing rules…
According to CoinDesk Research’s technical analysis data model, BCH$525.76 posted solid gains during Wednesday’s session, advancing 1.9% from $508.32 to $518.01 amid heightened volatility across crypto markets. The move established clear bullish momentum within a $32.78 trading range, representing 6.4% intraday volatility as BCH outperformed while most altcoins stumbled at key resistance zones. The decisive…
Chainlink’s LINK token fell 4% on Wednesday after running into strong technical resistance amid broader crypto market weakness. The pullback came as Bitwise’s proposed Chainlink ETF was spotted on the DTCC registry under the ticker CLNK, signaling operational readiness for a potential launch. The development initially sent LINK higher, testing resistance near $16.25, CoinDesk research’s…
A majority of the U.S. House of Representatives voted in favor of a funding bill to reopen the government late Wednesday after a record-breaking 42-day shutdown, sending the continuing resolution to President Donald Trump’s desk for his signature. The government looked set to remain shut down for the foreseeable future before a group of Senate…
