Author: admin

Crypto analyst EtherNasyonaL has predicted that the Dogecoin price is well-primed for a parabolic rally. This came as he alluded to the meme coin’s historical performance, while declaring it was “parabolic coded.” Dogecoin Price Eyes Rally To $1 As Analyst Says Meme Coin Is ‘Parabolic Coded’ In an X post, EtherNasyonaL predicted that the Dogecoin price could rally to the psychological $1 level, hinting that the meme coin was well-positioned for a parabolic rally. The analyst highlighted DOGE’s historical performance in the fourth quarter of 2023 and 2024, when it recorded gains of 246% and 373%, respectively. Based on this,…

Friday brought carnage onto crypto markets as U.S.-China trade tensions ratcheted up with Trump threatening a massive increase in tariffs against Chinese goods.Worst-hit among the crypto benchmark CoinDesk 20 Index constituents was Ethereum’s native token ether ETH$4,017.77, nosediving 7% from Friday’s session high and hitting its weakest price since late September below $4,100. Its decline far outpaced bitcoin’s BTC$117,002.54 3.5% drop below $118,000 and the index’s 5% plunge.The broad-market downturn spurred a liquidation cascade across crypto derivatives markets, wiping out over $600 million of leveraged trading positions among all assets, CoinGlass data shows.ETH also led in liquidations with over $235…

Bitcoin’s steady climb to a new all-time high this October has revived the familiar question of whether the next breakout could mark the first sustained run to $150,000.The optimism follows a surge in derivatives positioning and ETF inflows, suggesting that institutional momentum may be reshaping the cycle’s upper bound rather than simply fueling another speculative rally.Derivatives market lit the fuseOn Derive.xyz, options traders have already made up their minds and believe the flagship digital asset is trending upwards.According to data shared with CryptoSlate, contracts priced for expiry before the end of October show an aggressive skew toward the upside, implying…

Paul Atkins wants to cement his vision for the crypto markets before political tides shift again in Washington. As the new chair of the US Securities and Exchange Commission, he’s moving quickly to “future-proof” SEC policies,  a push that could define how much freedom the crypto industry enjoys after President Donald Trump leaves office.In a conference hosted by the Managed Funds Association in New York on Tuesday, Atkins said the SEC would work quickly to adopt rules that could “future-proof” his agenda. He specifically referred to removing or weakening regulations on public and private markets, both of which could impact…

Canary files updated XRP and Solana ETF registrations, cutting fees to 0.50%. SEC’s crypto-friendly shift speeds up ETF approvals under new listing standards. Pending crypto ETFs may see faster approvals once the US government reopens. Canary Capital is moving closer to securing approval from the US Securities and Exchange Commission (SEC) for its proposed exchange-traded funds (ETFs) tracking XRP and Solana (SOL). The firm recently updated two of its registration statements, signaling that it may be nearing the final stages of the approval process as regulatory sentiment toward digital assets shifts under the current administration. Canary updates XRP and Solana…

Big Tech companies that once dismissed Bitcoin (BTC) as a balance sheet asset are now watching Strategy, led by Executive Chairman Michael Saylor, amass a digital asset treasury approaching the size of their own cash piles. The surge comes as Bitcoin hit a new all-time high above $126,000 this week, driven by investor demand for hard assets seen as hedges against US dollar debasement — a narrative increasingly likened to gold.However, Bitcoin isn’t the only corner of crypto attracting major institutional money. The Intercontinental Exchange (ICE) has invested $2 billion in Polymarket, a decentralized prediction platform, valuing the firm at…

Altcoins could rally as Bitcoin consolidates, but overleveraging may trigger cascading liquidations. Earlier this week, Bitcoin surged to an all-time peak of $126,000, which lifted the collective crypto market cap to around $4.4 trillion. The flagship crypto has since retreated to nearly $121,000. New data now suggest that altcoins could rally as Bitcoin consolidates. But structural fragility remains a major risk. Critical Divergence Shaping Up? According to Altcoin Vector, the market may be approaching a “turning point” moment for altcoins. The platform noted that historically, “Altseason” begins when the inverse correlation between smaller altcoins (excluding the top 10) and…

Bitcoin (BTC) dropped 3% amid a broader market rout after President Donald Trump announced that the US is considering escalating tariffs against China in response to newly imposed rare-earth export controls.Total liquidations reached $807 million over the past 24 hours, as BTC fell to $116,585 as of press time.On a lengthy statement on Oct. 10 via Truth Social, Trump accused China of attempting to monopolize rare-earth elements and announced plans for “a massive increase of tariffs on Chinese products coming into the United States of America.”Bitcoin traded at $118,239.25 as of press time, down 2.8% and briefly losing the $118,000 support level. Long…

TLDR: Pudgy Penguins partners with Nasdaq-listed Sharps to integrate NFTs with on-chain treasury strategies. Sharps Technology adopts Solana-based treasury, raising $400M via PIPE financing led by Cantor Fitzgerald. Partnership aims to boost institutional crypto adoption through Pudgy Penguins’ brand and treasury tools. Pudgy Penguins leverages its NFT IP to connect retail and institutional users with digital asset systems. Pudgy Penguins and Nasdaq-listed Sharps Technology have announced a partnership exploring the integration of NFTs with institutional-grade on-chain treasury tools. The collaboration intends to merge the cultural appeal of the Pudgy Penguins brand with Sharps’ Solana-based treasury system.  According to Wu Blockchain,…

Online prediction market Kalshi has raised more than $300 million at a $5 billion valuation as prediction markets move into the financial mainstream, according to a report by the New York Times on Friday.The company will now allow users in over 140 countries to place bets, marking its first major international expansion, the article said.Kalshi projects $50 billion in annualized trading volume this year, up from $300 million last year, and now holds more than 60% of global market share, surpassing rival Polymarket.The funding round was led by major investors including Sequoia Capital, Andreessen Horowitz, Paradigm, CapitalG, and Coinbase Ventures,…