Category: crypto

Coinglass data show that $1.044 billion in Ethereum longs could be liquidated if ETH drops below $2,323, while $531 million in short positions are at risk if it rises above $2,563. Liquidation heatmaps suggest potential price ranges for large-scale liquidation events, creating significant risks for over-leveraged traders.

Payward, the parent company of Kraken, is acquiring Bitnomial for up to $550 million in cash and stock. Bitnomial holds all three CFTC licenses required for a full-stack derivatives business, making it the first US firm to do so. The deal values Payward at $20 billion and is expected to close in the first half…

HBAR and XLM prices increased on Friday, with Hedera rising by 1.4% and Stellar by 1.5%. Bitcoin approached a resistance level, causing selective rotation towards payment-layer and enterprise-backed tokens. HBAR’s trading volume surged, signaling possible directional positioning before the Iran ceasefire deadline. Stellar had recent developments, including a new testnet and wallet support. Analysts predict…

Liquid Capital founder Yi Lihua believes there is no need to take profits after the reopening of the Strait of Hormuz, citing S&P highs, MicroStrategy’s Bitcoin purchases, and a rotation into altcoins. He sees peace as the best option and remains optimistic about the rebound in risk assets.

DoubleZero Foundation launched Edge, a platform delivering raw Solana block data through a private fiber network to reduce delivery times by 6 milliseconds. It has 379 validators and a subscription model. Revenue is split among network contributors, validators, and protocol clients. The platform aims to expand to include other data sources.

Bitcoin price prediction turned bullish on Friday as funding rates dropped to their most negative level since 2023. ZeroStack CEO Daniel Reis-Faria targets $125,000 in 30 to 60 days if heavily short positions unwind. Despite negative funding, BTC has been climbing. However, many holders bought at higher prices, potentially causing sell pressure.

Goldman Sachs filed with the SEC for the Goldman Sachs Bitcoin Premium Income ETF, which will invest in bitcoin exposure through spot bitcoin ETPs and sell call options for monthly income. This move follows Morgan Stanley’s Bitcoin Trust launch, signaling Wall Street’s interest in the crypto market. The fund aims to offer regular income to…

US households are increasingly incorporating AI subscriptions into their budgets, with a 38% surge in paying AI subscribers from the 2024 average. Median monthly spend is $20, up 10.4% year over year. Bank of America Research forecasts the US consumer AI market could grow to $75 billion annually.

Val Kilmer, who died in 2025, appears in the film “As Deep as the Grave” through AI technology, using archival material and family cooperation. The trailer debuted at CinemaCon, showcasing Kilmer’s performance reconstructed digitally. The use of AI in Hollywood raises ethical debates despite family consent, reflecting the evolution of AI technology.

The Trump administration is withholding $73.5 million in federal highway funding from New York due to the state’s refusal to revoke nearly 33,000 commercial driver’s licenses issued to immigrants whose legal status had expired. This move is part of a broader pattern of using federal funding as a policy enforcement tool against Democratic-led states. Governor…