TLDR: Binance ETH open interest hit a new ATH at nearly 3.7M ETH, capturing over 44% of the global total. ETH trades 67% below its all-time high, pushing the asset into extreme oversold territory per […]
Key Takeaways Bitcoin L2 network Botanix is winding down all operations after a 4-year effort to build on the blockchain.The team notes the crypto market favors centralized venues like Hyperliquid over decentralized L2 structures.Users must […]
Equipment-financing lender Trad.Fi and autonomous-finance platform W3 are working on a plan to move a targeted $650 million private-credit origination pipeline onto blockchain rails over four years. The plan targets U.S. equipment financing for sectors […]
Key takeaways The oversold technical conditions may limit the pace of the decline, but the broader market structure remains bearish. The structure will remain bearish unless BTC can reclaim the $64,000 region and build momentum […]
Key Takeaways Nigeria’s Senate advanced a crypto bill on June 9 as Tahir Monguno warned delays fueled risks.Rume Ophi said the 2021 CBN ban under Godwin Emefiele set the industry back five years.Ophi argued the […]
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Key takeaways ADA remains under pressure after last week’s 30% sell-off The coin could dip lower if the bearish trend in the market persists. Cardano (ADA) continues to struggle on Wednesday, trading near $0.1600 and […]
BitMine tripled its weekly ETH buy to 126,971 tokens, now holding 4.59% of supply. Only 11% of ETH supply is in threefold profit, the lowest reading since Feb 2017. A weekly close below $1,500 could […]
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