TAC drops over 90% in 15 minutes after Binance Alpha listing, with no confirmed hack or official cause yet. Binance Alpha-listed TAC fell more than 90% within 15 minutes, dropping near $0.0063. The move erased millions in market value and surprised traders. No confirmed hack or protocol exploit had been...
Ondo Perps Opens 20x Trading as Tokenized Stocks Enter DeFi Collateral
Ondo Perps launches 20x equity perps, letting traders use tokenized stocks, ETFs, and stablecoins as collateral. Ondo Perps has opened with up to 20x leverage on equity perpetual markets. The platform also accepts tokenized stocks and ETFs as collateral. The launch covers equities, indices, and commodities for eligible traders in...
Ctrl Wallet Shuts Down After Exploit, Urges Users to Withdraw Funds
Ctrl Wallet will disable core services on August 3, leaving only recovery phrase exports available. Users should move funds or import recovery phrases into supported wallets before the shutdown date. Ctrl Wallet warned that migration rewards, airdrops, and CTRL token offers are all fraudulent scams. Ctrl Wallet will permanently shut...
Naver Delays Dunamu Share Swap Again as Approval Wait Continues
Naver Financial and Dunamu delayed their share swap completion to Dec. 31. FTC review and shareholder approval processes remain the main hurdles. South Korea’s Digital Asset Basic Act could still affect the deal’s outcome. Naver Financial and Dunamu have postponed their planned share swap for a second time, extending the...
Solana Breaks Year-Long BTC Downtrend as Bulls Target $100 Soon
Solana trades near $80 as SOL/BTC breaks a year-long downtrend, with $84.78 resistance and $100 target in focus. Solana traded near $80.79 after gaining 0.58% over the past 24 hours. The move came as buyers returned after weeks of heavy selling. The token also showed strength against Bitcoin after breaking...
Bitcoin Futures Demand Turns Positive While a $63B Cash Problem Won’t Budge
Bitcoin futures demand flips positive as CryptoQuant flags a bull setup, but exchange stablecoin reserves near $63.2B say the cash to fund it keeps leaving. The cash sitting on exchanges keeps thinning out. That would normally end the conversation. Bitcoin futures demand apparently decided otherwise. Futures positioning for BTC has...
BTC Rejected at $65K: Why $62.5K Is the Make-or-Break Level Today for Bulls
BTC faces $62,500-$62,800 support after rejection near $65K, with $60K in view if the daily close breaks lower. Bitcoin has moved back into focus after a rejection from the $64,500 to $65,000 resistance zone, where buyers failed to secure a clean breakout above the recent local high near $64,700. The...
Coinbase Bitcoin Premium Goes Negative for 50 Days as Demand Fears Rise
Coinbase Bitcoin Premium Index stays negative for 50 days as BTC trades near $64K-$65K resistance after rebounding from $58K. The Coinbase Bitcoin Premium Index has stayed negative for 50 days, according to Coinglass data. The streak began on May 19 and is now the longest on record. The latest reading...
Crypto Exchange Coinbase Wins UK FCA Approval for Stocks and Derivatives
Crypto exchange Coinbase wins UK FCA approval to offer stocks and derivatives, expanding its regulated investment services for UK retail and institutional investors. Crypto exchange Coinbase has received a major regulatory approval in the United Kingdom. The approval will enable the company to provide stocks and derivatives as well as...
DOJ Advances US Strategic Bitcoin Reserve With Treasury, Commerce
DOJ reviews legal authority for the US Strategic Bitcoin Reserve with federal agencies. Treasury and Commerce continue discussions over oversight of national Bitcoin holdings. Congress considers BITCOIN and ARMA Acts to establish the reserve through legislation. The U.S. Department of Justice is working with the Treasury and Commerce departments to...