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Latest News

Keep up with what's happening in the crypto world in real-time.

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April 9, 2025

BitMEX CEO explains how perpetual swaps test altcoin value

As the cryptocurrency market matures, advanced trading instruments like perpetual swap contracts are increasingly influencing the value of altcoins, according to BitMEX CEO Stephan Lutz.Perpetual swap contracts are a type of crypto trading contract that lets traders bet on the price of a coin without actually owning it. The derivatives product functions similarly to a futures contract.

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Positive
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April 9, 2025

XRP ETF Debuts Strong with $5M Volume, Ranks in Top 5% of New Launches

The Teucrium 2x Long Daily XRP ETF (XXRP) recorded an impressive $5 million in trading volume on its launch day, placing it in the top 5% of new ETF launches, according to Bloomberg senior ETF analyst Eric Balchunas. The leveraged XRP ETF, which offers 2x exposure through swaps, is designed for short-term speculation and volatility trading.

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April 9, 2025

Stellar (XLM) Nears Death Cross as Bearish Momentum Builds

Stellar (XLM) has dropped 1.83% in the past 24 hours, now trading at $0.22, deepening its bearish trend. The cryptocurrency is edging closer to forming a death cross a technical indicator that signals potential long-term weakness when the 50-day moving average (MA) drops below the 200-day MA.

Positive
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April 9, 2025

Binance CEO Richard Teng Says Tariff Turmoil Could Boost Crypto as Safe Haven

Binance CEO Richard Teng believes that escalating macroeconomic uncertainty, driven by intensifying tariff disputes, could benefit the cryptocurrency market over the long term. Teng argues that global financial instability may prompt more investors to turn to crypto as a non-sovereign store of value, particularly during times of extreme market volatility.

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Negative
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April 9, 2025

XRP Bulls Rattled by 8,900% Liquidation Imbalance Amid Modest Price Dip

In a striking turn of events, XRP futures experienced an extreme liquidation imbalance, with long positions facing an 8,909% higher wipeout than shorts in just one hour. Despite XRPs price dropping only 2.7%a moderate dip by crypto standardsbullish traders lost a staggering $980,220, while short positions saw just $11,130 in liquidations, according to CoinGlass.

Positive
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April 9, 2025

$400M USDT Hits Binance: Crypto Market Reacts as Stablecoin Transfers Spark Bullish Buzz

The cryptocurrency market is once again riding a wave of volatility after a massive $400 million USDT transfer from Tether Treasury to Binance, the worlds largest crypto exchange. According to blockchain tracker Whale Alert, the sizeable inflow has stirred speculation across crypto-focused social media platforms, with many wondering if whales are gearing up to buy the dip.

Positive
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April 9, 2025

Michael Saylor Calls Bitcoin ‘Digital Gold' Amid Market Turmoil

Bitcoin advocate and Strategy founder Michael Saylor has reignited the digital gold narrative, calling BTC the modern equivalent of gold as the flagship cryptocurrency fights to reclaim the $80,000 mark. Posting on X, Saylor shared another AI-generated image of himself seated atop gold bullions stamped with the Bitcoin logo, guarding a fictional Bitcoin Fort Knox a nod to the U.S. Strategic Bitcoin Reserve allegedly initiated by President Trump.

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