Bitcoin bulls have more work to do for a major resistance flip while BTC price strength sees the highest daily close in over four months. Read More at https://cointelegraph.com/news/bitcoin-teases-breakout-fomo-liquidity-69k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: October 2024
Can liquid staking tokens depeg due to market volatility?
Some top LSTs have previously seen price deviations of up to 77% from Ether’s price due to mass sell-offs paired with liquidations on leveraged lending protocols. Read More at https://cointelegraph.com/news/liquid-staking-tokens-depeg-market-volatility?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto market sentiment not as bullish as 'echo chamber' suggests, trader says
A crypto trader argued that it is easy for crypto market participants to be “convinced sentiment is one way or the other,” while claiming that the sentiment is not “that bullish currently.” Read More at https://cointelegraph.com/news/crypto-market-sentiment-bullish-echo-chamber-crypto-traders-retail-investors?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
XRP may face volatility as market waits for ‘concrete results’ — Analyst
A crypto analyst opined that XRP’s price “is likely to fluctuate between $0.50 and $0.80” for the rest of 2024 with strong emphasis on regulatory developments. Read More at https://cointelegraph.com/news/ripple-sec-lawsuit-xrp-price-volatility-bitget-research-ryan-lee?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto events turn to regulation and politics as US election looms
Some executives at crypto and blockchain firms have suggested prioritizing US congressional races over the presidential election. Read More at https://cointelegraph.com/news/crypto-conferences-swell-permissionless-regulation-election?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Anthropic says AI could one day ‘sabotage’ humanity but it’s fine for now
The firm investigated four distinct “sabotage” threat vectors for AI and determined that “minimal mitigations” were sufficient for current models. Read More at https://cointelegraph.com/news/anthropic-ai-could-one-day-sabotage-humanity-fine-now?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC approves New York Stock Exchange listing of Bitcoin options ETF
Traders believe that the approval of options for Bitcoin exchange-traded funds will inject much-needed liquidity into the markets. Read More at https://cointelegraph.com/news/sec-approves-new-york-stock-exchange-listing-bitcoin-options-etf?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto Biz: Onchain lending ramps up, driven by institutional activity
Institutional demand is driving a significant increase in onchain loans across DeFi protocols. Read More at https://cointelegraph.com/news/crypto-biz-onchain-lending-ramps-up-driven-institutional-activity?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Memecoin craze fuels Solana price rally — Is $180 SOL the next stop?
A sharp uptick in Solana network activity and the blockbuster performance from memecoins back SOL’s rally toward $180. Read More at https://cointelegraph.com/news/memecoin-craze-fuels-solana-price-rally-is-180-sol-the-next-stop?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Rebar aims to launch Bitcoin-native MEV Shield by end of 2024: CEO
The startup is onboarding Bitcoin miners representing a “sizable amount” of the Bitcoin network’s total hashrate, according to Alex Luce. Read More at https://cointelegraph.com/news/rebar-bitcoin-native-mev-shield-end-2024-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound