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Ether's global estimated leverage ratio, calculated by dividing the dollar value locked in the active open perpetual futures contracts by the total number of coins held by derivatives exchanges, has declined from a multi-month high of 0.28 to 0.22. Bitcoin's ratio has slid from 0.27 to 0.21, the lowest since
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The pattern is consistent with traditional markets where outsized gains in meme stocks relative to defensive plays are seen as a contrary indicator for the broader market. Bitcoin, the leading cryptocurrency by market value, has traded dead flat near $30,000 this month amid the SHIB rally, CryptoX data show. Source
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Bitcoin (BTC) traders are currently not pleased with the recent price trends, especially due to the inability of its price to surpass the $30,500 mark over the last four weeks. This frustration is compounded by the fact that several requests for spot Bitcoin exchange-traded funds (ETFs) are either being delayed
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Anthropic, the artificial intelligence (AI) research organization responsible for the Claude large language model (LLM), recently published landmark research into how and why AI chatbots choose to generate the outputs they do. At the heart of the team’s research lies the question of whether LLM systems such as Claude, OpenAI’s ChatGPT
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The cryptocurrency market has experienced a period of stagnation, with Bitcoin (BTC) trading within a narrow range for the past week. However, according
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The launch of the controversial digital ID crypto project, Worldcoin, has stirred up a wave of attention and debate. Led by Sam Altman, the CEO of OpenAI, Worldcoin made headlines with its promise to introduce a futuristic digital identity system based on iris scanning, differentiating humans from artificial intelligence (AI)
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Decentralized network provider Nodle has launched a bluetooth hardware sticker that is aimed at increasing Internet-of-Things (IoT) connectivity for a variety of industrial use cases.The firm announced that it will open source it's Nodle NanoComputer (N1), which features a Hardware Security Module (HSM) that enables a range of bluetooth operations. The N1
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PLUS: Bitcoin dominance sagged in July, absent a compelling BTC catalyst, and as altcoins seemed to benefit from a partial Ripple court victory. Source
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The notional open interest, or the dollar value locked in the number of active perpetual futures contracts, has topped the $500 million mark for the first time since April 19, per data tracked by Coinglass. The tally has more than doubled in two weeks. In DOGE terms, open interest has
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"I'm looking into what tone the Fed will set for the next meetings in September and beyond. We are at an intriguing juncture, as inflation has been receding, but the favorable base effects will be less pronounced from here on. Additionally, the oil price bounced back about 10% over the
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