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Crypto perpetuals predict the direction of Wall Street’s Monday open with 89% accuracy data shows

Crypto perpetuals predict the direction of Wall Street’s Monday open with 89% accuracy data shows

Crypto exchanges are starting to take on a new role: pricing traditional assets while Wall Street is closed. It’s the emergence of perpetual futures contracts tied to traditional financial instruments such as commodities like gold and oil that operates around the clock on cryptocurrency exchanges, which is responsible for the growing market for these transactions. These markets, which have a …

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Arthur Hayes Who Hadn’t Made a Single Trade in 52 Days Just Bought the Altcoin He’s Been Talking About So Much

Arthur Hayes, a prominent figure in the cryptocurrency market, has broken his long silence and resumed buying cryptocurrencies. The on-chain data show Hayes invested in Hyperliquid ($HYPE) token about 3 hours ago after 52 days of inactivity, according to the paper. The deal claims Hayes bought 26,000 $HYPE tokens by market maker Flowdesk and generated about $1. assets of 1 …

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A Spot ETF Signal Has Been Issued for an Altcoin – It Could Launch Soon

A Spot ETF Signal Has Been Issued for an Altcoin – It Could Launch Soon

Bitwise Asset Management, a cryptocurrency management company, has taken’significant steps’ towards the launch of launching etf (ETF)-based exchange-traded fund for Hyperliquid ($HYPE) in its new venture. The company also amended Form S-1 filing for the “Bitwise Hyperliquid ETF” as per updated filing documents submitted to the SEC. Paraphrast. The update means an ETF launch is imminent, Bloomberg ETC analyst Eric …

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CFTC unveils innovation task force members in crypto clarity push

CFTC unveils innovation task force members in crypto clarity push

The earliest members of its new innovation task force have been revealed by the US Commodity Futures Trading Commission as the agency continues its efforts to provide more clarity for the crypto market. On March 24, CFTC Chairman Mike Selig launched the first initiative to launch the Innovation Task Force, which named Michael Passalacqua as leader of the group. The …

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Federal judge blocks Arizona from bringing criminal charges against Kalshi

Arizona has been barred from filing criminal charges against Kalshi, at least temporarily, by a federal judge after he filed an appeal with the Commodity Futures Trading Commission to bring criminal proceedings against prediction market provider Kalashi. In the District of Arizona, District Judge Michael Liburdi ruled Friday that Arizona cannot hold an arraignment of Kalshi as scheduled on Monday, …

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Bitcoin On-Chain Technical Data Released: Here’s What It Tells Us

Bitcoin On-Chain Technical Data Released: Here’s What It Tells Us

The current on-chain data in the cryptocurrency market still provides important signals about investor behavior and market psychology. A notable picture for Bitcoin is in particular derivative data and on-chain indicators. During 24 hours, data showed the Bitcoin price was worth about $72,280 — $327. Market liquidation 18 million in liquidations were made by . For each of these lichidations, …

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A Solo Bitcoin Miner Achieved a Goal That Could Happen Once Every 300 Years

A Solo Bitcoin Miner Achieved a Goal That Could Happen Once Every 300 Years

The cryptocurrency market is the latest in a remarkable development that has been made. This is the most unrequited block reward ever won by an independent Bitcoin miner, a feat that has been extremely unlikely. Suppose today’s incident, the miner in question single-handedly mined block 944,306 on the Bitcoin network. The miner earned a total reward of 3,128 $BTC from …

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Less Than One Billion Shiba Inu (SHIB) in 24 Hours: Outflows Plummeting

Less Than One Billion Shiba Inu (SHIB) in 24 Hours: Outflows Plummeting

In the last day, Shiba Inu is experiencing a dramatic decline in on-chain activity as exchange outflows are below one billion $SHIB. It clearly indicates that this level is a loss of momentum across the network, as it does. This kind of slowdown is not a neutral development for an asset that depends on retail participation and continuous circulation. Rapid …

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JPMorgan Reveals the Force Sustaining Bitcoin (BTC) and the Cryptocurrency Market! “The Only Buyer!”

JPMorgan Reveals the Force Sustaining Bitcoin (BTC) and the Cryptocurrency Market! “The Only Buyer!”

Rising tensions in the Middle East and global geopolitical pressures continue to negatively impact Bitcoin, Ethereum, and other cryptocurrencies. This has led to a significant slowdown in the capital flowing into the cryptocurrency market. Wall Street giant JPMorgan has analyzed the current state of the cryptocurrency market in a new report. JPMorgan said that capital flows into cryptocurrencies “slowed significantly …

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If Iran’s Bitcoin Request via the Strait of Hormuz Were to Become a Reality How Much BTC Would Iran Receive? Here’s the Unconventional Calculation

If Iran’s Bitcoin Request via the Strait of Hormuz Were to Become a Reality How Much BTC Would Iran Receive? Here’s the Unconventional Calculation

However, as geopolitical developments in the Middle East continue to intersect with cryptocurrency markets, it has been claimed that Iran demanded Bitcoin payments through the Strait of Hormuz have sparked interest from people who want bitcoin. An analysis has suggested that if Iran were to demand transit fees in Bitcoin for oil tankers and the current ceasefire would continue, it …

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Quantum-Resistant Transaction Tests Have Begun on Solana: But There’s a Major Problem

Solana is among the fastest networks in the cryptocurrency ecosystem, and its foundation has taken a major step towards quantum computer preparations — one of the biggest threats to the future “The most important thing that we can do is prepare for this next generation.” With the cryptography firm Project Eleven, the network started to test quantum-resistant signature systems. However, …

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