Bitcoin’s (BTC) recovery continues to face selling at higher levels, indicating that the bears have not given up. Trading resource Material Indicators said in a post on X that “Spoofy the Whale” has been suppressing Bitcoin’s price below $87,500. Although the upside is currently restricted, select analysts believe that the downside is limited. BitMEX co-founder…
Crypto investors rejoiced this week after the US Securities and Exchange Commission dismissed one of the crypto industry’s most controversial lawsuits — one that resulted in an over four-year legal battle with Ripple Labs. In another significant regulatory development, Solana-based futures exchange-traded funds (ETFs) have debuted in the US, a move that may signal the…
Ether (ETH) price dropped 6% between March 19 and March 21 after failing to break the $2,050 resistance level. More notably, ETH has fallen 28% since Feb. 21, underperforming the broader crypto market, which declined 14% over the same period. Despite ETH’s price struggles, Ether futures open interest hit a record high on March 21….
Coinbase is in advanced talks to buy Deribit, a cryptocurrency derivatives exchange, according to a March 21 report by Bloomberg. Acquiring Deribit — the world’s largest venue for trading Bitcoin (BTC) and Ether (ETH) options — would bolster Coinbase’s existing derivatives platform, which currently focuses on futures. Coinbase and Deribit have reportedly alerted regulators in…