Markets
BTC, XRP, SOL, ETH Witness 'Long Squeeze' as Futures Open Interest Slides With Prices
Thursday's drop in major tokens is likely led by the unwinding of leveraged bullish positions rather than new bearish plays.
'Wall Streetization' of Bitcoin: BTC Volatility Index and the S&P 500 VIX Boast Record 90-Day Correlation
The correlation between BTC's implied volatility indices and the S&P 500 VIX recently hit a record 0.88.
Ether, XRP Traders Book Bigger Losses Than Bitcoin as Crypto Bulls See $630M in Liquidations
Large long liquidations often signal panic bottoms, while short liquidations may precede a squeeze.
Shiba Inu Tanks 7% With Broader Market, But Outperforms DOGE
Despite falling below the 200-day SMA, SHIB remained above the Ichimoku cloud, indicating a potentially bullish long-term trend.
XRP's July Uptrend Threatened as Bitcoin's $120K Price Resistance Holds
XRP breaks the July uptrend line as BTC's MACD hints at a bearish shift in momentum.
Fartcoin Jumps to Top 10 Based on Derivatives Open Interest, Signals Speculative Frenzy in the Solana-Based Memecoin
Smaller cryptocurrencies show disproportionately high open interest compared to market cap, signaling potential risk for traders.
Disguised Unemployment in Blockchain? Data Shows Only 12% of Ethereum, 25% of Solana Protocols Have Revenue
A large number of protocols on the two chains haven't captured any value lately, in what looks like on-chain version of disguised unemployment.
Backed Finance's Tokenized Stocks Product Volume Jumps to $300M
Backed Finance's tokenized U.S. equities product, xStocks, has surpassed $300 million in trading volume within four weeks of launch.
XRP Climbs 4% on Triangle Breakout, Holds $3.50 Amid Profit-Taking
Digital asset breaks multi-year technical pattern as Congress advances crypto legislation, though institutional profit-taking emerges in final trading hour.
XRP Hits All-Time High Before Forming Bearish Double Top Pattern, Ether Prints 'Doji'
ETH prints a Doji on the daily chart as XRP teases a double top on intraday charts.
