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Crypto Turmoil: Market Slump, Heavy Liquidations, and Unexpected Gainers


In a volatile twist, the cryptocurrency market experienced a 0.82% decrease in value within the last day, descending to $1.2 trillion. This transpired as bitcoin (BTC) faced unstable conditions, dropping below the crucial $30K mark on Tuesday. Crypto Market in Flux Throughout this chaotic 24-hour...

Unpacking the Latest Lummis-Gillibrand Bill Draft


U.S. Senators Cynthia Lummis and Kirsten Gillibrand have developed a second draft of their comprehensive crypto regulation bill. Chances are slim that it will, as a single bill, advance to becoming a law, but it may still drive a broader conversation within Congress on what sort of provisions...

Binance Token Faces Growing Pessimism in Crypto Derivatives Market


Crypto traders are showing pessimism in the derivatives market for the embattled crypto exchange Binance’s native coin BNB amid the growing regulatory turmoil.  The open interest-weighted funding rate turned negative on Binance’s BNB coin this weekend, as per Coinglass data.  The negative open...

Bitcoin And Crypto Benefit From Bullish Sentiment In Equities Market


Crypto bulls are looking to extend gains recorded in the first half of the year with positive signals trickling in from bonds and the equities markets.  The correlation between the crypto and the stock market led to many observers predicting a decline in prices following macroeconomic factors that...

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