ZachXBT warns THORChain may have lost over $10M across Bitcoin, Ethereum, BSC, and Base as the protocol halts trading. Blockchain investigator ZachXBT has warned that THORChain may have suffered a multi-chain exploit, with losses above $10 million. The alert named Bitcoin, Ethereum, BSC, and Base as affected chains. Soon after, THORChain paused trading and carried […]
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Bitcoin’s drop below $79,000 was driven by a sharp swing in global risk sentiment after the U.S.–China summit ended without progress and fresh Middle East tensions rattled markets. US-China Tech Cold War Intensifies Bitcoin plunged below the $79,000 mark for the second time in two days as investor sentiment shifted from optimism to caution after […]
Coinbase Wrapped BTC expands to Tempo through Chainlink CCIP, bringing cbBTC access with ISO 27001 and SOC 2 security backing. Coinbase Wrapped BTC has expanded to Tempo through Chainlink CCIP, giving the payments-focused Layer 1 access to cbBTC. The move brings Bitcoin-backed liquidity to Tempo, while using Chainlink’s cross-chain security model for asset transfers. Coinbase […]
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Options expiry contracts worth $2.6 billion across Bitcoin, Ethereum, XRP, and Solana settled on Deribit on May 15, triggering widespread market liquidations. According to Deribit data, approximately 25,000 Bitcoin options with a notional value exceeding $2 billion rolled off on…
Strategy bonds worth $1.5 billion are being repurchased as Michael Saylor’s firm lists Bitcoin sales as a potential funding source. Strategy filed a Form 8-K on Friday announcing it has agreed to repurchase approximately $1.5 billion of its 0% Convertible…
Bitcoin faces Japan bond pressure as 30-year JGB yields hit 4%, while BTC network activity nears a key inflection zone. Japan’s rising bond yields are adding pressure to Bitcoin as analysts watch for signs of a yen carry trade unwind. At the same time, Bitcoin network activity is recovering, and on-chain data is moving near […]
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Ethereum has been moving sideways in recent weeks, leaving traders questioning why momentum keeps stalling despite multiple upward pushes. According to an analysis shared by an analyst on X, the answer lies in a specific technical level that the asset has repeatedly failed to reclaim. Ethereum’s $2,450 Barrier The recent price behavior of Ethereum can be traced to the market’s interaction with a resistance area near $2,450. In early May, the analyst outlined that this level functioned as a decisive confirmation point for bullish continuation. The structure suggested that if Ethereum could move above $2,450, even briefly, it would signal that the breakout from the current range was genuine. Related Reading: XRP Wave Count Remains Valid: Here Are The Levels To Watch Out For In the chart shared at the time, the region around this price was highlighted as a critical reclaim zone. The analysis argued that once the price clears such a level, it becomes a strong directional signal for traders
Lombard migrates over $1B in Bitcoin-backed assets to Chainlink CCIP after reviewing cross chain security.
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