Trading
XRP’s next rally could put this 115 million-token short under pressure
Leveraged funds doubled their net short even as CME open interest climbed almost 40% and XRP recovered from $1.
Oluwapelumi Adejumo 2 min read
Featured News
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Top Featured Stories
DeFi
CEO Jeremy Allaire says Circle built “the platform for the internet financial system”, but cirBTC has only 40 BTC
How a trillion-dollar infrastructure machine launched a new Bitcoin token, and it only attracted 40 coins.
Stablecoins
US treasury relies on stablecoins to fund short-term debt, but they can’t fix its $28B long-bond problem
GENIUS reserves stop at 93 days while Treasury expands liquidity buybacks across 10- to 30-year debt.
Latest Featured News & Analysis
Deals
Wall Street’s favorite Bitcoin broker just walked away from institutional trading to chase gigawatts of power
The BitGo NYDIG deal puts roughly $42.5 million upfront against NYDIG’s claimed 3+ GW power-and-compute footprint, with profitability unproven on both sides.
Debt
One mid-tier Bitcoin treasury just gambled its entire BTC reserve on a single 30-day reset price
The Aug. 25 unwind was capitalized into principal, while a one-time Sept. 24 test determines whether the $75,000 ceiling applies.
Mining
Veteran Bitcoin developer Luke Dashjr exits OCEAN pool – Will hash power follow him to new pool?
OCEAN still represented 2.45% of trailing-day blocks after buying out its co-founder, while CONVOY disclosed no operational footprint.
Regulation
Treasury proposed GENIUS change forces US exchanges to audit foreign stablecoin or face delisting
Platforms could rely on foreign issuers only after reasonable diligence, while comments on the proposed standard remain open through Oct. 19.
Regulation
White House aide turned secret speech text into $107k on prediction markets before CFTC stepped in
A settled CFTC order adds a $65,000 penalty and three-year ban while crediting KalshiEX’s assistance.
Tokenization
Crypto stock tokens barely move over weekend, revealing markets become illiquid when Wall Street goes offline
Four Aerodrome pools showed $6.07 million in displayed liquidity while official Aave V3 records listed none of the B20 assets.
More Featured News Headlines
Macro
How $739B in new US debt could absorb crypto’s liquidity before buybacks even reach Bitcoin
Wallets
Popular Bitcoin wallets risk losing support for new hardware devices as critical security bridge stops accepting new devices
Banking
The next shadow-banking problem comes from insurance companies, where nobody was looking for a bank run
Payments
