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Crypto whale opens $12.3M 20x leveraged short on silver via Hyperliquid
A Hyperliquid whale is shorting silver, carrying around $2M in unrealized gains. Silver is seen as a safer alternative to short in comparison to tokens, while commodities remain highly liquid on Hyperliquid's HIP-3.
Cryptopolitan
Tue, Mar 3
Canaan Inc. Announces Open Market Share Purchases By Chief Executive Officer And Chief Financial Officer
March 3 (Reuters) - Canaan Inc CAN.O:CANAAN INC. ANNOUNCES OPEN MARKET SHARE PURCHASES BY CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER
Reuters
Tue, Mar 3
XRP Ledger Security Debate Intensifies After BatchGate Scare
The fallout from the XRP Ledger’s BatchGate scare is turning into a broader argument about who is actually responsible for protocol safety and how much scrutiny major amendments should face before they get anywhere near mainnet. In a statement published Monday, longtime validator operator Daniel Kel...
Bitcoinist
Tue, Mar 3
Ripple Price Forecast: XRP falters amid sell-off jitters and negative funding rates
Ripple (XRP) has come under pressure, drifting lower to $1.35 at the time of writing on Tuesday. The over 2% correction looks poised to erase the previous day’s gains, which lifted the remittance token to $1.42.
Bitcoin
XRP
Fxstreet
Tue, Mar 3
Bitcoin Coiling At Key Support — Major Move Brewing
Bitcoin is tightening its range at a critical support zone, with price action compressing after weeks of sideways movement. As volatility contracts and momentum build beneath key resistance, the market appears to be preparing for a decisive breakout. With major support holding for now, the stage is ...
NewsBTC
Tue, Mar 3
Japan PM Dumps ‘Sanae Token?’ Solana Memecoin Tanks 75%
Sanae Token, a Solana based token, has crashed roughly 75% from its peak after Japan’s Prime Minister Sanae Takaichi’s denied her involvement with it. Related Reading: South Korea To Review Seized Crypto Custody Practices After Recovery Phase Leak Incident Another Politician Under The Memecoin Fenzy...
Bitcoinist
Tue, Mar 3
Bitcoin could risk $50,000 amid the US-Iran war, mirroring the Russia-Ukraine war losses
Bitcoin (BTC) remains at downside risk amid escalation in the Middle East war, as Iran retaliates against the US, Israel, and its neighbouring countries. Drawing parallels to the early days of the Russia-Ukraine war, Bitcoin could extend losses below $60,000.
Bitcoin
Fxstreet
Tue, Mar 3
US Senate Tucks CBDC Ban Into Housing Bill, Sets 2030 Deadline
The US Senate has moved to block the Federal Reserve from ever putting a government-issued digital dollar (CBDC) into Americans’ hands — at least for now. The ban is part of a sweeping housing affordability package and comes with an expiration date attached. Related Reading: Bitcoin Just Got A...
Bitcoinist
Tue, Mar 3
Bitcoin Harmonic Oscillator Hits The Floor With A 100% Historical Win Rate That BTC Price Will Double
Bitcoin has returned to an extreme technical zone that has historically marked major cycle bottoms for the BTC price. According to crypto analyst @DurdenBTC, the Harmonic Oscillator has now printed its lowest possible reading, a level that previously preceded outsized one-year gains. The signal rais...
NewsBTC
Tue, Mar 3
Crypto Today: Bitcoin, Ethereum, XRP pull back as sentiment remains in extreme market fear
The cryptocurrency market is broadly in the red on Tuesday as the Middle East grapples with an escalating war. Bitcoin (BTC) is in a pullback, trading below $67,000 at the time of writing, and most altcoins follow suit.
Bitcoin
Ethereum
XRP
Fxstreet
Tue, Mar 3
Bitcoin Price Forecast: BTC slips below $67,000 as risk-aversion grows amid escalating US-Iran war
Bitcoin (BTC) is trading below $67,000 at the time of writing on Tuesday, losing most of the gains from the slight rebound seen the previous day.
Bitcoin
Fxstreet
Tue, Mar 3
Core Scientific announces BTC liquidation plan as Ai data centers become priority
Core Scientific will sell its entire BTC reserve to finance its pivot to AI. The company will complete most of the sales by the end of Q1, while also placing its current block rewards through Coinbase Prime.
Cryptopolitan
Tue, Mar 3
Cardano Founder Sounds Alarm Over New US Crypto Bill
Cardano founder Charles Hoskinson is urging the crypto industry to take a harder look at H.R. 3633, arguing that the market structure bill could lock future US token projects into securities status rather than provide the regulatory clarity its backers promise. His criticism goes beyond process: Hos...
Bitcoinist
Tue, Mar 3
Khamenei's death triggers 700% spike in crypto outflows as stranded Iranians look for haven
Right after the strikes that killed Supreme Leader Ayatollah Khamenei, millions of Iranians flooded Nobitex, the country’s largest cryptocurrency platform in a desperate attempt to protect their savings, a mass financial escape captured in real-time by blockchain analysts. Close to 11 million accounts now exist on the main exchange, and a lot of users quickly […]
Cryptopolitan
Tue, Mar 3
Why XRP Is Being Hailed As The Top Trade Over Bitcoin And Ethereum
Crypto analyst Amonyx recently drew attention to a CNBC video in which XRP was described as the hottest crypto trader of the year, ahead of Bitcoin and Ethereum. This comes as the XRP ETFs continue to see inflows even as other crypto funds see outflows. Why The Altcoin Is The Top Trade Over Bitcoin ...
NewsBTC
Tue, Mar 3
JPMorgan doubles down on stablecoins as crypto rivalry intensifies
JPMorgan is getting involved in stablecoins but says they should be subject to the same rules as banks.
Cryptopolitan
Tue, Mar 3
Ethereum Is Bullish In March: Here’s How It Has Performed In Previous Years
Historically, the Ethereum price has been very bullish for the first quarter of the year, with a few exceptions, and the month of March has been no different from the first two months of the year. Therefore, as the market ushers in another month of March, this report takes a look at the performance ...
Bitcoinist
Tue, Mar 3
Altcoins hint at short-term bottom as crypto stabilizes
Altcoins on Binance are mostly trading below their 200-day moving average. This historical signal is usually seen during BTC price lows and has preceded recoveries.
Cryptopolitan
Tue, Mar 3
Pundit Explains How XRP Becomes A Global Reserve Asset
Versan Aljarrah of Black Swan Capitalist is making a broader case for XRP than the usual market-cycle prediction. In a X post titled How XRP Becomes a Global Reserve Asset, he argues that XRP’s long-term role is not limited to payments or bridge liquidity, but could extend to becoming a neutral sett...
NewsBTC
Tue, Mar 3
CFTC Names New Enforcement Leader, Chair Promises End To Crypto Crackdown Era
The US Commodity Futures Trading Commission announced Monday that former federal prosecutor David Miller will serve as the agency’s new Director of Enforcement, a key role for crypto regulation. Key CFTC Appointment According to Reuters, Miller previously worked in the securities and commodities fra...
Bitcoinist
Tue, Mar 3
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