Everything web3, crypto, defi, degen
In brief Bitcoin dropped early Friday amid uncertainty over Trump’s proposed China tariffs, with analysts watching the critical $103,000 support level. Short-term holders who bought around $113,000 are selling, while the “Coinbase premium” has turned negative, signaling weakened U.S. demand. Broader market pressure from U.S. banking concerns and $1.2 billion in liquidations over 24 hours…
In brief Gespa, Switzerland’s gambling authority, filed a formal criminal complaint against FIFA’s NFT collectibles platform. The regulator pointed to the site’s random draws and right-to-buy offerings, which it likened to sports betting and lotteries. FIFA Collect is the soccer governing body’s collectibles platform, which now runs on an Avalanche L1. Gespa, the lottery and…
In brief The total market cap of all cryptocurrencies fell 5.9% to $3.64 trillion Friday morning, its lowest level since July 2025. The sell-off was driven by a “flight to safety” amid fears over U.S. regional bank stability. Liquidations hit $1.09 billion as major altcoins slid, with BNB seeing the largest decline. The cryptocurrency market…
In brief Prediction market Myriad shows a 57% chance Bitcoin hits $100K before $120K—a dramatic flip from 60% bullish just a day ago. Short-term technical indicators scream bearish while longer term signals hint at oversold bounce potential. Tomorrow’s $115K price target on Myriad looks very unlikely, with 95% of the money on the prediction market…
In brief Ripple has bought corporate treasury management firm GTreasury for $1 billion. It’s Ripple’s third major acquisition this year after buying primer brokerage Hidden Road and stablecoin platform Rail. Ripple CEO Brad Garlinghouse said the deal would reduce friction and costs of “outdated payments systems.” Fintech Ripple announced Thursday that it bought software firm…
In brief Philippine Senate Bill 1330, filed by Senator Paolo Benigno “Bam” Aquino IV, seeks to mandate blockchain-based tracking of government spending under an $8.6 million initial appropriation. The push follows public scrutiny over $9.2 billion in infrastructure projects flagged for irregularities. Lawyers told Decrypt the bill risks concentrating control, limiting data contestability, and turning…
In brief BNB shows a complex market structure with spot buying rising as futures selling increases. Open interest is down 36%, with declining CVDs pointing to active selling or profit-taking. Oracle issues and depegs at Binance have caused a “drop in confidence” according to analysts, adding short-term pressure to the token. BNB’s long-standing uptrend could…
In brief Coinbase added Binance’s BNB token to its listing roadmap on Wednesday. BNB is the fourth-largest digital asset by market capitalization. Coinbase delisted the Binance-branded BUSD stablecoin amid regulatory scrutiny in 2023. Coinbase added BNB to its listing roadmap on Wednesday, signaling support for the cryptocurrency issued by its biggest competitor, Binance.Offered to the…
In brief OpenAI unveiled an eight-member Expert Council on Well-Being and AI on Tuesday. The same day, CEO Sam Altman said verified adults will soon be allowed to write erotica using ChatGPT. The moves come amid lawsuits and criticism over AI’s role in youth mental health crises. OpenAI announced Tuesday that it has formed an…
In brief CME is facilitating options trades for Solana and XRP futures. So far, CME’s website shows five contracts outstanding for each asset. CME’s Solana futures were more popular than XRP alternatives in the third quarter. CME Group said on Tuesday that it has begun facilitating trades for options on Solana and XRP futures, giving…
