CryptoPotato·
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum is down 6% this week after sellers managed to put pressure on the $2,000 support. At the time of this post, this level appears to be holding, but only by a thread. Another push later could turn it […]
Read full articleGrayscale is negotiating a $115 million HYPE-for-shares seed swap for its proposed Hyperliquid staking ETF, in a move that deepens Wall Street’s exposure to on chain derivatives. Grayscale is negotiating with Hyper Holdings Global LP to seed its proposed Hyperliquid…
NYSE owner Jeff Sprecher calls Hyperliquid bigger than Nasdaq, praising its team and growing impact on energy and private markets. Jeff Sprecher has some strong words about Hyperliquid. The founder and CEO of Intercontinental Exchange, which owns the New York Stock Exchange, spoke at the Bernstein conference recently. He called Hyperliquid bigger than Nasdaq. He […] The post NYSE Owner Praises Hyperliquid, Says It’s ‘Bigger than Nasdaq’ appeared first on Live Bitcoin News.
Morgan Stanley has disclosed holdings in two XRP-focused exchange-traded funds, becoming one of the latest major financial institutions to report exposure to investment products tied to Ripple’s cryptocurrency. According to the investment bank’s Form 13F filing with the U.S. Securities…
Crypto firm Ripple has sent a letter to the U.S. Securities and Exchange Commission (SEC) demanding clarity on the treatment of payment stablecoins and tokenized securities. This follows a meeting that the firm held with the Commission’s Crypto Task Force a couple of months ago. Ripple Requests SEC To Provide Clarity On Stablecoins and Tokenized […]
The post US-Iran Tensions Turn Bitcoin Price Into a Macro Risk Barometer Again appeared on BitcoinEthereumNews.com. Bitcoin price returned to the macro spotlight on Friday as US-Iran tensions influenced crypto market sentiment. BTC price continued to trade lower from a few days ago, while Ethereum was holding near to $2000 and XRP was around $1.30. The overall cryptocurrency market gained 0.83% to $2.48 trillion, although it failed to generate a great deal of momentum and continued to experience ETF outflows. Bitcoin Tracks Global Risk as US-Iran Tensions Drive Market Volatility ETF data indicates that despite the short-term crypto rally, the appetite for institutional interest is still low. BTC price rose 0.72% over 24 hours to trade around $73,712. Despite this, recovery was still slow. Ethereum extended its retreat to $2,000, and XRP was trading around $1.30. The short-term momentum readings were also weak for both assets. Bitcoin’s increasing connection to macro conditions is refl
The post Ethereum Price Analysis Points to Short-Term Downside Risk appeared on BitcoinEthereumNews.com. TLDR: Ethereum has been forming lower highs since mid-May, with trading volume declining alongside price weakness. The Estimated Leverage Ratio sits near 0.74, showing heavy derivative positioning despite falling ETH prices. Positive funding rates show long positions dominate, yet price fails to respond with any meaningful upside move. A weekly close below $1,850 could trigger a drop toward $1,560, with a deeper target near $1,070 possible. Ethereum is showing signs of growing bearish pressure across multiple market indicators. Price action, leverage data, funding rates, and momentum metrics are all pointing in the same direction. Analysts tracking on-chain and derivatives data say the current setup reflects a market driven more by speculative positioning than by organic buying demand. The overall structure, for now, continues to favor sellers. Leverage and Funding Rates Paint a Con
The post XRP Price Bounce Looks Fragile, Fresh Decline Risks Begin Rising appeared on BitcoinEthereumNews.com. Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analys
The post Ethereum (ETH) news: A blockchain lottery plans to use crypto gambling fees to fund Ethereum development appeared on BitcoinEthereumNews.com. Ethereum core developers may soon get a new source of funding: a blockchain lottery. Decentralized lottery protocol Megapot said Thursday it is teaming up with Protocol Guild, an independent funding collective for Ethereum protocol contributors, to introduce what they describe as the crypto industry’s first programmable charity lottery. Under the arrangement, users can buy tickets for a daily lottery through a dedicated Protocol Guild portal for a chance to win prizes from a pool exceeding $1.1 million. Megapot said 100% of referral fees generated from ticket sales will be automatically distributed by smart contracts to Ethereum developers supported by Protocol Guild. The effort comes as concerns around sustainable funding for Ethereum’s core infrastructure have intensified. While the blockchain underpins billions of dollars in decentral
