Browsing: Trading

A second suspected memecoin rug factory has surfaced on Robinhood Chain as the fast-growing network attracts increasingly coordinated scam activity. On Sept. 28, blockchain security firm GoPlus said it identified a high-risk operation behind hundreds of memecoins that routed more than $9 million through a common fund-consolidation network over the past 30 days. The operation…

Michael Saylor-led Strategy (formerly MicroStrategy) has made back-to-back weekly Bitcoin purchases for the first time since June, rebuilding its holdings after selling some of the cryptocurrency earlier this quarter. On Sept. 28, the company said it acquired 1,665 Bitcoin for $142.7 million during the week ended Sept. 27, paying an average of $85,681 per token. That followed…

Grid and Smart Portfolio holdings face automatic sales if affected bots remain on old USD pairs. The post OKX US to sell USD trading bot positions if users miss Sept 30 deadline appeared first on CryptoSlate.

Bitcoin is holding near $84,000 even as a historic US bond selloff pushes Treasury yields to decades-high levels. The benchmark 10-year Treasury yield climbed to 5.22%, extending a move that has taken borrowing costs to their highest level since 2007. The 30-year yield reached a fresh 22-year high of 5.5185% before trading around 5.511%, up…

New York has sued Polymarket, alleging its US prediction market is an unlicensed gambling business operating across the state. On Sept. 24, Attorney General Letitia James asked a New York state court to stop QCX LLC, which operates as Polymarket US, from offering event contracts without a state gaming license and to order restitution, disgorgement,…

A Sept. 24 policy update permits identity checks and withdrawals after trading ended, with asset minimums and sanctions rules still in force. The post BitMEX opens fund recovery to customers it previously barred from the platform appeared first on CryptoSlate.

Bitcoin fell below $85,000 on Sept. 23 after stronger-than-expected US business activity sent Treasury yields higher and flushed leveraged longs. The reversal broke the momentum behind a rebound that had accelerated as Bitcoin pushed through a large concentration of short positions earlier this week. Selling intensified after S&P Global released its September flash purchasing managers’…

Premarket routes priced $100,000 sales across ten tokens; displayed pool balances cannot show what a broad selloff would cost. The post $1 billion in trading volume masks hidden liquidity risks for Coinbase stock token holders appeared first on CryptoSlate.

A second large inflow met weak price follow-through. Dated fund reports and an earlier rise in profit taking leave the seller behind the move unidentified. The post Bitcoin ETFs just erased a $5.7 billion hole, but profit-taking is swallowing the new demand appeared first on CryptoSlate.

XRP reached an intraday peak of $1.60 alongside $7.4 billion in volume as regulated futures markets showed significant positioning discrepancies. CFTC data revealed leveraged funds slashed net short positions on CME by 46.3 million XRP, while Coinbase products saw much smaller shifts.