Bitcoin’s weekly candles just redrew a shape traders call distribution, and the same setup has shown up twice before with two very different outcomes. Somewhere around three weeks ago, Bitcoin clawed its way back into the low $70,000s. Kept climbing too, oddly enough, all the way to something like $82,900...
Stable.com Partners With Polygon for Direct Bank Stablecoin Transfers
Stable.com partners with Polygon to enable direct USDT and PYUSD bank transfers from self-custody wallets across 180 countries. Stable.com has partnered with Polygon to let users fund bank transfers directly using USDT and PYUSD from self-custody wallets. The integration is made via Polygon Open Money Stack, which links stablecoins to...
Kraken Parent Payward Eyes Hyperliquid for U.S. Perpetual Futures
Payward plans to deploy U.S. perpetual futures markets on Hyperliquid’s HIP-3. Bitnomial would handle market administration, clearing and contract settlement. The proposed markets require regulatory approval before U.S. clients can trade. Payward, Kraken’s parent company, plans to offer onchain perpetual futures to eligible U.S. clients through Hyperliquid, subject to regulatory...
Bitcoin Price Eyes $83K as TD Sequential Flashes Buy Signal Ahead of FOMC
Bitcoin holds at $75.6k as a TD Sequential buy signal lands on the 4-hour chart. Analysts watch $76K support and $83K resistance. Bitcoin is trading near $76,000 as a TD Sequential buy signal appears ahead of the Federal Reserve’s rate decision. Market analyst Ali Charts said the signal formed on...
X Introduces Cashtag Trading With U.S. Brokerages
Cashtags now connect market updates with trading platforms as X expands access to crypto and stock transactions. X has launched a new Cashtag Partner Program in the U.S., allowing users to access brokerage services directly from financial posts on the platform. The update allows users to view market information and...
Deutsche Bank Plans Crypto Custody Services for Institutional Clients
Deutsche Bank plans institutional crypto custody services for Bitcoin, Ethereum, stablecoins, and tokenized assets, pending regulatory approvals later this year. Germany’s largest lender, Deutsche Bank, plans to enter crypto custody with Bitcoin, Ethereum, and stablecoins. Later this year, Deutsche Bank AG is getting ready to roll out an institutional crypto...
Ethereum Sinks Into a Liquidity Trap After the CLARITY Act Vote Failed
Ethereum swept liquidity above $2,600, then broke market structure lower once the CLARITY Act vote failed, and price is now sitting right back inside that trap. Ether traders who bought the September 11 spike to $2,660 are underwater today. That candle looked like the start of something. It wasn’t. The...
Bitcoin Miners Start Exiting as Profit Margins Collapse Under Record Costs
Record mining costs are changing the industry as firms exit Bitcoin production and pursue AI-driven business opportunities. Bitcoin miners are facing a difficult period as rising expenses and weaker revenues pressure operations across the industry. CoinShares’ latest quarterly mining review shows that listed miners fell below cash breakeven levels in...
ECB Invites Merchants to Test Digital Euro Payments From 2027
ECB invites euro-area merchants to test beta digital euro payments from late 2027. Merchants will assess checkout journeys, payment processes and customer experiences. Potential digital euro issuance in 2029 depends on EU legislation and ECB approval. The European Central Bank (ECB) has invited online and mobile merchants across the euro...
Bitcoin’s Drop Looks Like 2022 All Over Again
Bitcoin’s monthly chart is repeating its 2022 setup as the CLARITY Act stalls again in the Senate, with key support and volatility levels now in focus. Under $78,000 is where Bitcoin ended up this week, and the timing wasn’t great, right as the Senate’s CLARITY Act vote hit trouble again....