BITPRISMIA
The upcoming meeting between U.S. President Donald Trump and Russian President Vladimir Putin could significantly influence Bitcoin's price movement, with current low volatility in the Bitcoin options market suggesting potential for sharp price shifts.
The article discusses the current bottleneck in Ethereum's Validator Queue, analyzing potential reasons for the extended wait times to unstake ETH, including profit-taking and strategic staking practices.
Bitcoin's price dropped from $124K to below $118K, accompanied by a 5% plunge in open interest and a sharp decline in net taker volume, indicating a market downturn driven by long liquidations and reduced bullish momentum.
Coinbase has completed its acquisition of Deribit, enhancing its derivatives trading capabilities and expanding its ambitions to become a comprehensive global crypto trading platform.
Bullish, a digital assets exchange led by former NYSE president Tom Farley, successfully went public with a notable IPO, joining other crypto institutions like Coinbase and Circle in the public market.
Thumzup Media Corporation is expanding its Digital Asset Treasury (DAT) following a $50 million capital raise, while Donald Trump Jr. disclosed ownership of shares in the company and other cryptocurrency holdings.
Bitcoin experienced significant volatility, reaching a new all-time high before sharply declining, with other major cryptocurrencies also seeing losses and substantial liquidations occurring.
Chainlink (LINK) has shown significant growth recently, driven by its dominant position in the oracle market and the expanding tokenized real-world assets (RWA) sector, with analysts highlighting its potential for further gains.
The stablecoin market is experiencing significant growth, driven by increased inflows into USDT and USDC, and the passage of the GENIUS Act has played a key role in this expansion.
Glassnode's weekly report highlights a strong Bitcoin price rebound, decreased spot volume and open interest, and reduced volatility, alongside mixed ETF market signals.