Tag: Billion

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Crypto steadies after brutal $1 billion liquidation day: Crypto Markets Today

The crypto market showed signs of resilience on Thursday, with bitcoin BTC$61,240.95 adding 1.1% since midnight UTC after dipping below $60,000 on Wednesday to...

CoinEx denies claims it served as $3.84 billion gateway to sanctioned Iranian crypto firms

Blockchain intelligence firm TRM Labs said CoinEx served as a gateway for the crypto sector in Iran, having traced more than $3.84 billion in...

Bitcoin, ether lead $1 billion liquidation losses as AI trade keeps going

Bitcoin dropped to $59,175 overnight, its lowest point since early June, before recovering to about $61,500 by Thursday morning, per CoinDesk data. Nearly $1...

Forget max pain. Bitcoin is well below the $72,000 magnet going into $10 billion options expiry

Bitcoin’s BTC$61,650.42 price drop ahead of Friday's quarterly options settlement has once again cast doubt on the popular “max pain theory."The max pain level...

Kalshi seeks funding at $40 billion valuation, widening lead over rival Polymarket

Kalshi is seeking to raise fresh capital at a valuation of about $40 billion, nearly doubling the $22 billion valuation it targeted in its...

Bitcoin volatility looks cheap as $10 billion options settlement nears: Crypto Daily

"Call spreads remain attractive for anyone wanting recovery exposure into the post-quarterly reset. And now look even better on a relative-vol basis, since call...

Prediction Market Kalshi Eyes IPO As Revenue Hits $2 Billion

Kalshi, the prediction markets platform that has become the dominant force in U.S. event contracts, is in informal talks with investment banks...

STRC Is Junk Credit In A Bitcoin Costume, And Retail Is Holding $8.8 Billion Of It

There is now $15 billion sitting in three securities being marketed to bitcoin holders as the safer, smarter way to access bitcoin...

Tether’s $23 Billion Gold Hoard Is Moving Into Crypto-Backed Lending

Tether’s gold-backed token XAU₮ is moving into lending through Ledn.It allows eligible XAU₮ holders to borrow against tokenized gold without selling their exposure.Tether is...

Bitcoin miners’ AI pivot faces $50 billion reality check, says VanEck

The report comes amid a dramatic shift in the bitcoin mining industry. Following the collapse in mining profitability after the 2024 halving, many operators...

Sui Processes $65 Billion in Stablecoin Transfers in Five Days After Zeroing Out Fees

The Layer 1's gasless stablecoin design pushed transfer throughput to nearly $65 billion since June 10, recasting Sui as a fee-free settlement rail for...

The U.S. government is betting $2 Billion on quantum computing, and the defense side can’t keep up

This is why the most exposed institutional holders have been waiting. They are waiting for the coordination work to happen, which a research grant...