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If Bitcoin breaks $62k over the weekend, a $1.1B short overhang stands ready to pull price down to $60k

Bitcoin enters the weekend near $62,900, less than 1% above the July 31 intraday low, and Deribit has already settled roughly $9.6 billion in...

Why a guaranteed 4.47% yield on $44 billion of US debt just raised the hurdle for Bitcoin

The US government sold $44 billion of seven-year debt on July 28, and buyers accepted it at a yield of 4.473%. That was 21.3...

Why CME wants phone traders slinging leveraged Nvidia contracts at 3 AM after earnings drop

At 4:05 pm in New York, a large tech company releases earnings. The main stock session has ended, executives begin their conference call, and...

Why 110 corporate blockchains are headed for a massive shakeout

Corporate blockchains are multiplying, but Coinbase CEO Brian Armstrong expects the boom to end in consolidation rather than coexistence.Over the past year, several corporate...

Why a $20 billion Bitstamp slump makes Robinhood’s retail app look far weaker than it really is

Bitstamp accounted for $20 billion, or 77%, of the $26 billion decline in Robinhood's reported crypto notional volume from the first to the second...

Why DeFi giant Aave is pulling the plug on six hyped blockchains making less than $5,000 a quarter

In a July 29 forum-stage proposal, Aave risk service provider LlamaRisk recommended winding down the decentralized lender’s V3 deployments on Sonic, Scroll, zkSync, Metis,...
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