For traders accustomed to on-chain leverage, this feels like waking up in a parallel universe. For asset managers, it’s just another Tuesday after spot BTC and ETH ETFs. But here’s the kicker: institutionalizing a perp DEX token requires more than just slapping a wrapper on it. It’s a playbook with pitfalls, and we’re here to navigate it-with a healthy dose of sarcasm, of course.
According to the scribes at crypto.news, Ethereum traded near $2,086 on Wednesday, clinging to the psychological $2,000 support like a drowning man to a raft. Weeks of sideways consolidation have left her weary, like a peasant after a long day in the fields, with no end in sight.
Bitcoin Japan invested in MicroStrategy through its U.S. subsidiary, BTCJPN US LLC. The investment was made using a specific financial vehicle managed by a U.S.-based investment firm, as detailed in a recent press release to crypto.news.
From my analysis, the token is currently trading about 3% above the lower boundary of its established channel. What’s concerning is the on-chain data – I’m seeing weakening conviction from long-term holders and a decreasing buffer for short-term holders. Essentially, this setup looks vulnerable, and a single day of negative price action could trigger a breakdown.
According to CryptoQuant’s Darkfost, the largest 10 withdrawals of LINK from the Binance exchange have reached a new high for 2025.
As I’ve been directing things, we’re establishing clear guidelines – what I believe are the best standards for states to follow. I’m strongly opposed to individuals like Chris Christie, Letitia James, Tim Walz, and JB Pritzker being the ones to dictate those rules; I don’t believe they should have that influence.
This is the first time someone in the country has been arrested and prosecuted for a “rug pull” on a decentralized exchange (DEX), according to Digital Asset. The case falls under the new Virtual Asset User Protection Act.
XRP, the cryptocurrency associated with Ripple, is currently the fifth-largest digital token by market value, boasting a market capitalization of $82.39 billion. If all available XRP were in circulation, its total value would reach $133.18 billion.
On May 22, the open interest decided to throw a party, and everyone was invited! Binance brought 25.6 million XRP to the bash, while Bybit showed up with a whopping 54 million. Together, they added nearly 79.6 million XRP, worth a cool $107 million at the time. But wait, the fun didn’t stop there! On May 26, they did it again-Binance chipped in 28.9 million, and Bybit added 42.9 million. That’s a combined $203 million in new positions in just four days. Someone’s building a castle, but is it made of sand or gold?
Changpeng Zhao, often called CZ, has obtained a Kyrgyz passport and is currently an advisor to the president of Kyrgyzstan, as stated by Arsen Edilbek uulu, co-founder of KYTLABS and a leading fintech consultant in the country.
