Saturday, October 17

Crypto

Bitcoin Open Interest Falls 31% In Bullish Deleveraging Signal

Open interest in Bitcoin derivatives markets has declined over the past three months, resulting in dwindling leverage that has become bullish for the overall market structure, according to CryptoQuant.A 31% decline in open interest (OI) on Bitcoin derivatives since October…

0M Tokenized Water Infrastructure Planned For Southeast Asia

Blockchain infrastructure firm Global Settlement Network has announced a pilot to tokenize water treatment sites in Jakarta, aiming to eventually scale it out to the rest of Southeast Asia over the next 12 months with $200 million in tokenized assets.Real-world…

US Senator Hints Crypto Market Structure Bill May Be Delayed

The debate over DeFi and stablecoin reward provisions in the CLARITY Act is at risk of holding the bill back as banking and crypto stakeholders push competing agendas.US Senator Cynthia Lummis reportedly expects the US Senate Banking Committee to delay…

Coinbase Withdraws Support For Crypto Market Structure Bill

Major US crypto exchange Coinbase says it has withdrawn its support for the Digital Asset Market Clarity Act, with CEO Brian Armstrong arguing that it would cause far more harm than good to the crypto industry in its current form.“This…

Sui Blockchain Recovers From 6-Hour Network Outage

Despite a fix from Sui core developers, the Sui Foundation has not provided details on what triggered the network outage.The layer-1 Sui blockchain is back online and “fully operational” after a six-hour network outage stalled transactions on the high-speed network.“Transactions…

Bitcoin Rally To 5K Unlikely Due To Global Socioeconomic Factors

Key takeaways:Bitcoin’s move above $97,000 lacks confirmation in derivatives markets, with the options skew signaling caution toward any sustained rally.Geopolitical risks, falling treasury yields, and weakening equities reinforce a risk-off setting that continues to limit Bitcoin’s upside.Bitcoin (BTC) price surged…

SEC Closed its 2023 Probe into Privacy Coin

The investigation into Zcash, launched with an SEC subpoena over a “matter of certain crypto asset offerings,” ended this week, according to the foundation.The foundation behind Zcash (ZEC) said that the US Securities and Exchange Commission (SEC) will not pursue…

Ether’s Price-Fundamentals Gap May Signal a 2026 Opportunity

Etherealize CEO Vivek Raman argues that ETH’s lagging price masks strengthening fundamentals that could reshape how the token is valued in 2026.Ether’s price performance left many investors frustrated last cycle. While other assets captured attention with faster rallies, ETH has…

Bitcoin Price Ignores PPI Overshoot to Hit ,000

Bitcoin price action headed to new eight-week highs, diverging from US stock markets after higher-than-expected November PPI data.Bitcoin (BTC) spiked to $97,000 at Wednesday’s Wall Street open as crypto markets shrugged off resurgent US inflation.Key points:Bitcoin reaches fresh eight-week highs,…

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