Everything web3, crypto, defi, degen
In brief The joint statement covers crypto products focused on leverage, margin and financed spot retail commodity transactions. One market observer expects spot crypto assets to receive listings on major equity indexes. Regulators are inviting market participants to engage with SEC or CFTC staff. Exchanges registered with the U.S. Securities and Exchange Commission and the…
In brief Bitcoin has dropped 3.77% on average each September since 2013, with eight monthly crashes in 11 years. Seasonal pressures—from fund rebalancing to Fed policy jitters—fuel risk-off sentiment that spills over from stocks into crypto. This year’s setup adds war, sticky inflation, and Fed uncertainty, making $105K the line in the sand for traders.…
In brief Solana is steadily climbing up the price charts, leading today among crypto majors. The price of SOL jumped by as much as 8% today, and the odds of SOL hitting a new all-time high this year have increased on Myriad by almost 20%. Here’s what the charts have to say about it. Solana…
In brief AUSTRAC has directed Binance Australia to nominate external auditors within 28 days after identifying “serious concerns” with anti-money laundering controls. The regulator flagged inadequate reviews, “high staff turnover,” and insufficient local management oversight at the platform. This action adds to a string of regulatory measures, including a $5.1 million fine for Kraken and…
In brief Crypto is in the red, with total market cap falling below $3.9 trillion. While all coins are feeling it, Dogecoin and XRP are getting it worse. The charts suggest there could be more downside to come. Crypto markets continue their slide, cooling off from a red hot July. Bitcoin, of course, sets the…
In brief $941 million worth of positions have been liquidated across the crypto market, most of which were longs. It comes as Thursday’s PPI report shocked the market, prompting major tokens including Dogecoin, Solana, and Cardano to retreat from recent highs. Experts say this is nothing out of the ordinary, as Ethereum and Bitcoin continued…
In brief CoreWeave’s revenue has tripled while its order backlog grew, but losses persisted and operating margins compressed to just 2% from 20% a year ago. Shares fell by 10% after-hours as thinner margins and a bigger loss rattled investors. Observers flagged how depreciation of CoreWeave’s current hardware may mask losses, and rivals catching up…
In brief Bitcoin’s weekend rally stalled Monday as traders booked profits. Experts suggest a potential drawdown if Tuesday’s U.S. CPI print comes in hotter than expected. Bitcoin options data shows traders are hedging for downside risk with puts. Bitcoin’s surprise weekend rally hit a wall Monday with a move that undid more than half of…
In brief Vitalik Buterin, the co-founder of Ethereum, is a billionaire following ETH’s 20% weekly rise. Wallets connected to Buterin hold $1.045 billion worth of assets, mostly Ethereum. ETH’s recent surge has seen it pass several traditional companies in market capitalization, including defence contractor Palantir. Ethereum co-founder Vitalik Buterin is an “on-chain billionaire” again, as…
In brief Developers report regressions in coding ability, raising doubts about GPT-5’s “reasoning powerhouse” claim. Rollout frustrations mount as older models vanish and access differs sharply across pricing tiers. PR stumbles and ethical concerns deepen skepticism around OpenAI’s most ambitious model yet. OpenAI’s much-hyped launch of GPT-5—touted as a groundbreaking leap in artificial intelligence—has instead…
