Crypto

Bitcoin derivative traders are increasingly positioning for further downside rather than a clean bounce as the leading cryptocurrency continues to trade in a tight range below $70,000. According to CryptoSlate's data, BTC price bottomed at $65,092 during the last 24 hours but has since recovered to $66,947 as of press time. This continues a weeklong […] The post Bitcoin shorts just hit their most extreme level in years as BTC defiantly holds above $70k appeared first on CryptoSlate.

Trump-linked WLFI dropped more than five hours before a $6.9 billion crypto liquidation event, raising questions about early market stress signals. World Liberty Financial Token (WLFI), a DeFi governance token affiliated with the Trump family, may have signaled a major market breakdown hours before Bitcoin moved, according to a new analysis by data provider Amberdata. The report examines trading activity on Oct. 10, 2025, when roughly $6.93 billion in leveraged crypto positions were liquidated in under an hour. Bitcoin (BTC) fell about 15% and Ether (ETH) dropped roughly 20%, while smaller tokens lost as much as 70%. Amberdata found that WLFI began a sharp decline more than five hours before the broader market downturn. At the time, Bitcoin was still trading near $121,000 and showed little immediate stress. Read more

Ripple Labs released a major update in Feb. regarding its XRP Ledger (XRPL). But will that be enough to save XRP’s price from Bitcoin’s stiff correction?

The difference in futures basis between CME and Deribit reflects varying risk appetite across regions.

XRP Surges as Ripple CEO Joins Crypto Regulation Role The post XRP Price Surges as Ripple CEO Takes Role Influencing Crypto Regulation appeared first on Cryptonews.

On Feb. 12, RippleX, Ripple's development arm, announced that Token Escrow is now live on the XRP Ledger’s (XRPL) mainnet. The change, labeled Token Escrow (XLS-85), extends conditional locking and release to trustline-based tokens (IOUs) and Multi-Purpose Tokens (MPTs). This expands the network’s escrow function beyond XRP to cover issued assets used for stablecoins and […] The post Token Escrow on XRPL could force new XRP demand, but only if this adoption hurdle breaks appeared first on CryptoSlate.

Trump Media and Technology Group is expanding its push into digital assets, filing for two new cryptocurrency ETFs. The post Trump-Linked Truth Social Files for Bitcoin, Ethereum and CRO Staking ETFs appeared first on Cryptonews.

Mirae Asset Consulting agreed to acquire a 92.06% controlling stake in South Korean crypto exchange Korbit for about $93 million in cash. Mirae Asset Consulting, an affiliate of South Korean multinational financial services company Mirae Asset Group, has agreed to acquire a controlling stake in local crypto exchange Korbit. The company plans to purchase 26.9 million shares of Korbit for 133.48 billion won (about $93 million), a transaction that would give it a 92.06% ownership interest in the exchange, according to a Friday regulatory filing. The payment will be made entirely in cash Mirae Asset said the purpose of the acquisition is “to secure future growth drivers through digital-asset (virtual-asset) businesses,” per the filing. The company’s board approved the decision on Feb. 5, while reports on the planned deal initially surfaced last year. Read more

Ethereum co-founder Vitalik Buterin warns prediction markets are drifting toward short-term speculation and betting. The post Vitalik Buterin Warns Prediction Markets Are Becoming Overly Speculative appeared first on Cryptonews.

PI's recent rally has only intensified as the asset flew past $0.20 earlier today.

The PI token has become the most substantial gainer over the past 24 hours.

Ripple's XRP broke the weekend silence with a massive double-digit surge to over $1.65.

DOGE and other meme coins are some of the most impressive gainers during the weekend.

Elon Musk’s social media platform X is preparing to roll out a feature that could transform the app from a discussion forum into a trading venue. The post Elon Musk’s X to Launch Smart Cashtags Enabling In-App Stock and Crypto Trading appeared first on Cryptonews.

Elizabeth Warren and Andy Kim call on Treasury’s Scott Bessent to review a UAE-backed investment in the Trump-linked crypto firm over national security concerns. Two US senators are pressing the Treasury Department to investigate a reported foreign investment in a crypto venture tied to the Trump family, raising concerns about national security, foreign influence and access to sensitive financial data. In a Friday letter to Treasury Secretary Scott Bessent, Massachusetts Senator Elizabeth Warren and New Jersey Senator Andy Kim asked the government to determine whether the Committee on Foreign Investment in the United States (CFIUS) should investigate a deal in which a UAE–backed investment vehicle agreed to purchase a 49% stake in World Liberty Financial (WLFI) for roughly $500 million. The lawmakers wrote that the transaction reportedly occurred days before Donald Trump’s inauguration and would make the foreign fund the firm’s largest shareholder and its only publicly known outside investor. They asked Besse...

Bitcoin developers must address the quantum risks to Bitcoin fast to avoid a successful “corporate takeover,” according to venture capitalist Nic Carter. Major Bitcoin-holding institutions may eventually lose patience with Bitcoin developers for not addressing quantum computing concerns quickly enough, according to venture capitalist Nic Carter. “I think the big institutions that now exist in Bitcoin, they will get fed up, and they will fire the devs and put in new devs,” Carter said during the Bits and Bips podcast episode published on Thursday. “I think the devs will continue to do nothing,” Carter said. Read more

The ETF issuer warned that investors who pick the fund tied to the losing US presidential outcome could lose nearly all invested capital. US-based ETF issuer Roundhill Investments has filed with the US securities regulator to launch six exchange-traded funds (ETFs) tied to event contracts on the outcome of the 2028 US presidential election. ETF analyst Eric Balchunas said in an X post on Saturday that, if approved, the ETF products would be “potentially groundbreaking.” “Opens up huge door to all kinds of stuff,” Balchunas said, adding that prediction market applications are easy to sign up to, but ETFs are “just that much easier.” Read more

Prediction markets should pivot from short-term betting and move toward becoming price stability instruments for consumers, Buterin argued. Ethereum co-founder Vitalik Buterin said he is starting to “worry” about the direction of prediction markets and suggested that they shift to become marketplaces to hedge against price exposure risk for consumers. Prediction markets are “over-converging” to “unhealthy” products that are focused on short-term price betting and speculative behavior as opposed to long-term building, Buterin said in an X post. Instead, onchain prediction markets coupled with AI large-language models (LLMs) should become general hedging mechanisms to provide consumers with price stability for goods and services, Buterin said. He explained how this system would work: Read more

Gold back over $5,000 is a market tell: fear is back. Tether just paid $150 million for the last mile. By taking ~12% of Gold.com and integrating XAU₮, Tether is buying distribution, so a USDT holder can reach for gold without leaving the crypto payment loop Gold is trading above $5,000 an ounce again, and […] The post Tether quietly stacked 27 tons of gold, now it’s wiring $150M to sell it to crypto users appeared first on CryptoSlate.

Despite pleading guilty to serious AML violations, Paxful received a reduced $4 million penalty instead of the $112.5 million figure agreed by the parties.