Market Watch

Bitcoin Crashes to $58,000 as Traders Pile Into Short Positions, Setting the Stage for a Potential Short Squeeze

Bitcoin plunged to a new multi-year low of $58,000 on Thursday before staging a modest recovery, extending one of the sharpest corrections of…

4 months ago

SecondFi Loses $2.4 Million in Cardano Wallet Exploit as Security Firm Warns Losses Could Exceed $20 Million

A major security breach has shaken the Cardano ecosystem after SecondFi, the wallet formerly known as Yoroi, confirmed that hackers exploited a vulnerability in…

4 months ago

Kraken Reportedly Seeks $385 Million Stake in Aave as Crypto Exchange Pushes Deeper Into DeFi

Kraken is reportedly in advanced discussions to acquire a 15% ownership stake in Aave, one of the world's largest decentralized finance (DeFi)…

4 months ago

HIVE Stock Surges 10% After Landing $220 Million Sovereign AI Infrastructure Deal in Canada

Shares of HIVE Digital Technologies jumped more than 10% after the company announced a major $220 million, three-year sovereign AI infrastructure agreement involving Bell Canada and…

4 months ago

FOMC Rate Decision Triggers $122 Million Crypto Liquidation Cascade as Bitcoin and Ethereum Slide

The cryptocy market was hit by a sharp wave of volatility after the Federal Open Market Committee (FOMC)announced it would keep…

4 months ago

Kraken Launches First CFTC-Regulated Bitcoin and Crypto Perpetual Futures for U.S. Traders

Kraken has officially launched CFTC-regulated perpetual futures for eligible U.S. customers, marking a historic milestone for the American crypto derivatives market. For years,…

5 months ago

Crypto Exchanges Refund Tokenized SpaceX Offerings as Record IPO Sends SPCX Soaring

The launch of tokenized SpaceX shares was supposed to be a landmark moment for blockchain-based finance. Instead, it turned into one of…

5 months ago

U.S. Inflation Jumps to 4.2% as Crypto Markets Rebound Despite End of Disinflation Trend

The latest U.S. Consumer Price Index (CPI) report delivered a mixed signal to investors, showing inflation rising to 4.2% year-over-year in May, the…

5 months ago

Solana’s Largest DEX Raydium Hit by $1.3 Million Exploit Through Legacy Liquidity Pools

The decentralized finance sector suffered another security setback this week after Raydium, one of the largest decentralized exchanges on the Solana blockchain, was…

5 months ago

Bitcoin Rebounds Above $63K as Short Sellers Lose $461 Million

The cryptocy market staged a strong recovery this week as Bitcoin climbed back above the $63,000 level, triggering one of the largest…

5 months ago