The Weekly Crypto Update (8/12/2023)
Welcome to our newest edition of The Weekly Crypto Update — your source for the most recent shifts in the crypto market, the latest news, and upcoming market movements. Weekly…
Bitcoin options data shows whales betting big — Will $50K BTC come in January?
Institutional investor interest soars as Bitcoin options open interest hits record high.
Solana Protocol Kamino Eyes Airdrop Following Jito Token Launch
Solana's SOL token has more than tripled since mid-October as DeFi traders return to the ecosystem's on-chain trading, borrowing, lending and yield-generating projects, most notably Kamino.
Ether, Solana Hit 19-Month Highs as Bitcoin Rally Halts with Traders Fearing ‘Bull Trap’
BitMex founder Arthur Hayes speculated about SOL hitting near $100 in a bullish weekend for altcoins.
Binance says decision to pull Abu Dhabi licensing bid unrelated to US settlement
Former Binance CEO Changpeng Zhao, who pleaded guilty to one felony count in the United States in November, may not be able to return to the UAE before being sentenced.
This $28K Pixelated Avocado Could Add to Bitcoin’s Raging Censorship Debate
The NFT-like Ordinals inscriptions are anathema to some Bitcoin purists who want to preserve the blockchain for financial applications. But a few of the images are fetching eye-popping sums in…
Sam Altman-linked Meanwhile Advisors creates BTC private credit fund
The closed fund will offer investors a 5% yield in Bitcoin and lend funds in BTC to institutions.
Babylon Chain closes $18M funding for Bitcoin staking
Polychain Capital and Hack VC led the Series A funding round of Babylon Chain, a protocol working on Bitcoin staking for proof-of-stake networks.
Bitcoin price continues to drop, but how are pro BTC traders positioned?
Data shows top traders futures’ Bitcoin long-to-short at the lowest level in 30 days, but what does this mean for BTC's short-term price action.
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