Ethereum has faced its most short-selling activity in history. Institutional short positions have soared by 40% in just one week and an astounding 500% since November 2024, according to data from the Kobeissi Letter. Wall Street hedge funds have never been this bearish on Ethereum, adding to the bearish woes of the second-largest coin by … Read more
The collapse of the $10 billion crypto hedge fund 3AC sent shockwaves through the cryptocurrency market in 2022.
Follow Frank on X. In July of last year, Swiss privacy tech company Proton (makers of Proton Mail) announced it would be launching its own bitcoin wallet — Proton Wallet. I (along with about 100,000 other users) was given early access to the wallet to test it out and was impressed with the wallet’s user … Read more
The native token of L0 interoperability network Analog has gone live on a string of leading exchanges. Listings on KuCoin, Bitget, MEXC, and Gate.io on February 10 mean the $ANLOG token is finally tradable to the delight of public sale participants and airdrop recipients – and to those who missed out on these events but … Read more
Euro (EUR) continued to trade under pressure on tariff concerns – be it universal tariffs, reciprocal tariffs or tariffs on European autos. EUR was last at 1.0325 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note. Bullish momentum on daily chart fades “Last week, Trump told the BBC that tariffs on EU goods imported … Read more
The government of El Salvador has continued buying bitcoin despite the deal reached with the International Monetary Fund (IMF) in December. According to the National Bitcoin Office, in the last 7 days, Bukele’s administration acquired 18 BTC, with its total reserve reaching 6.073 BTC, nearly $584,000. “Stacked again,” the organization posted on social media, reinforcing … Read more
This is only the second time Ether’s daily transaction fees have fallen below $1 million since November 2020.
Coinbase’s layer-2 network, Base, has denied allegations of selling its Ethereum (ETH) holdings. Over the weekend, crypto community members pointed out that Base has funneled sequencer fees to Coinbase, sparking concerns about transparency and potential ETH sales. However, Base strategist Kabir Sadarangani refuted these claims, asserting that the accusations of a lack of transparency and … Read more
Going by DEX volume and meme coin activities, Solana is ahead of all other blockchains, including Ethereum and Tron. Therefore, news that Solana had overtaken Ethereum and Tron in stablecoin issuance over the past 30 days came as no surprise. Solana Flips Ethereum and Tron in Stablecoin Growth According to Artemis, over $5.5 billion worth … Read more
Bitcoin digests tariffs, sell-offs and more as BTC price action clings to the center of its three-month range.