Everything web3, crypto, defi, degen
The first week of October delivered a strong performance for the crypto market, with Bitcoin setting record highs and the layer-1 sector leading the charge among altcoins.The category, which includes assets like Solana, Avalanche, BNB, Sui, and Aptos, posted a 12.54% gain from September 29th to October 5th, according to Velo data. The layer-2 sector…
In brief Bitcoin’s dominance hit 59% as its price surged to a new all-time high above $125,500. Experts say a true altcoin season is delayed, not cancelled, awaiting a BTC consolidation. A drop in Bitcoin dominance below 55% could trigger the next rotation into altcoins. Bitcoin cemented its dominance over the crypto market this weekend,…
Bitcoin has broken above $125,000 for the first time in its 17-year history.The price of Bitcoin soared to a new record high during Asia trading hours on nearly $50 billion in trading volume over the last 24 hours, per data from CoinGecko. As bullish traders piled in pushing the price upward, almost $100 million in…
In brief The Defiance prospectus covers proposals for 49 ETFs offering three times leveraged long and short exposure. The offerings include products focused on Coinbase, BitMine Immersion, Strategy, and ETFs tracking the prices of Bitcoin, Ethereum, and Solana. Defiance already offers a number of two times leveraged funds for Strategy and Robinhood, among other firms.…
In brief The UK government is seeking to keep most of the 61,000 BTC it seized in 2018, amid civil recovery proceedings. Some figures within the British crypto industry believe any retained BTC should be kept in a strategic reserve, while others argue that the long-term holding of seized assets is at odds with UK…
The crypto market is riding high as “Uptober” delivers on its historical promise. Bitcoin hovers near a new all-time high, Ethereum pushes toward $4,500, and altcoins are catching fire.But one token stands out: BNB, formerly known as Binance Coin, is up 24% in the past month and flashing technical signals that suggest either a moonshot…
In brief Robinhood stock surges nearly 47% in a month, approaching $150 as it explores expanding prediction markets to the U.K. Walmart’s OnePay payment app adds Bitcoin and Ethereum trading for its 3+ million monthly users. CME Group plans 24/7 trading for crypto futures and options starting early 2026 in response to record volumes. Public…
In brief The price of Bitcoin surged early Friday afternoon, coming close to matching the record mark set in August. The leading cryptocurrency has soared since the start of “Uptober”—the name given to October by some traders. Still, the volatility of the coin has dampened compared to previous cycles. “Uptober” is off to a roaring…
In brief Steakhouse, a curator on Morpho, is sharing performance fees with Coinbase. The fees are derived from user repayments toward Bitcoin-backed loans. People are tapping the product to pay for cars and home improvements. Coinbase’s newest lending product is generating profits for the crypto exchange in several ways, but not all are reflected clearly…
In brief EU regulators have warned that cross-border schemes could create redemption pressures in the bloc, forcing ECB intervention. The EU has one of the world’s strictest crypto regimes and requires stablecoins to be fully backed by reserves. The stablecoin market is currently valued at over $300 billion, dominated by U.S. dollar-based tokens. The European…
