Crypto

Bitcoin hovered near $91,000 as sentiment hit "extreme fear," volatility jumped and leveraged traders absorbed over $1 billion in liquidations while altcoins fell further.

Fundstrat Global Advisors’ Head of Research Tom Lee, who is chairman of BitMine Immersion Technologies, shares his perspective on Ethereum. He explains how the asset is being leveraged by crypto treasury firms, as well as a growing number of financial institutions.

Market drawdown pushes bitcoin below 2025 key cost basis levels.

Mastercard is rolling out verified, human-readable crypto aliases to self-custody wallets, using Polygon for onchain support and Mercuryo for identity verification. Mastercard is expanding its Crypto Credential program to self-custody wallets, allowing users to send and receive cryptocurrencies using verified, username-style aliases instead of long wallet addresses. Polygon will be the first blockchain to support the rollout, while payments firm Mercuryo will handle identity verification and issue the aliases to users, according to a Tuesday press release shared with Cointelegraph. “By streamlining wallet addresses and adding meaningful verification, Mastercard Crypto Credential is building trust in digital token transfers,” said Raj Dhamodharan, executive vice president of blockchain and digital assets at Mastercard. Read more

Ethereum drops 15% as whales sell 230,000 ETH in one week. Traders eye key support zones near $3K amid weak retail interest and volatility.

Bitcoin ETFs have bled hundreds of millions as the market outlook deteriorates, driven by profit-taking and portfolio rebalancing.

Wallets tied to the Libra token continue to draw liquidity and have purchased $61.5 million in Solana, despite asset freezes and fraud probes. Wallet addresses tied to the controversial Libra (LIBRA) token are still pulling money from the failed memecoin and rotating it into other cryptocurrencies despite asset freezes and ongoing fraud investigations. The wallets associated with the Libra token — which was controversially endorsed by Argentine President Javier Milei — have withdrawn nearly $4 million in liquidity from the memecoin to buy the Solana (SOL) dip. After the withdrawal, two cryptocurrency wallets associated with the Libra team acquired $61.5 million worth of SOL at an average price of $135, according to blockchain data platform Onchain Lens. Read more

Move brings regulated euro and dollar stablecoins into Deutsche Börse’s settlement and collateral tools.

Premium gap levels near yearly lows indicate that market control has undergone a major shift.

As cryptocurrencies become more and more a recognized financial asset across most leading jurisdictions, handling your crypto taxes with care becomes a ncessity. CoinTracker positions itself as a solution to tackling what can otherwise be an overwhelming experience, especially for investors who manage multiple exchanges, wallets, and on-chain transactions. It offers automated portfolio tracking, tax […]

The Crypto Fear & Greed Index has just printed 10 out of 100, which is not typically seen during a bad week or a rough month, but only at huge stress moments, such as the March 2020 COVID crash, the post-FTX washout in late 2022, or the crash in February this year. At these levels, […] The post Bitcoin sentiment has hit rock bottom – as bad as COVID and FTX crashes appeared first on CryptoSlate.

Southeast Asian super app Grab’s MOU with StraitsX shifts its Web3 efforts from pilots to infrastructure, exploring a unified stablecoin settlement layer across Asia. Grab, Southeast Asia’s largest super-app, is taking a deeper step into stablecoin infrastructure with a new exploratory agreement with StraitsX, a Singapore-based stablecoin issuer. The two companies announced on Tuesday that they had signed a memorandum of understanding (MOU) to develop a Web3-enabled settlement layer that brings digital asset wallets, programmable payments and stablecoin-based clearing into everyday consumer experiences.  If approved by regulators and implemented, the system would allow Grab users to hold and spend StraitsX-issued tokens like XSGD and XUSD directly within the app, which is available in Singapore, Malaysia, Indonesia, Thailand, Vietnam, the Philippines, Cambodia and Myanmar. Read more

ICP is today's top performer.

Crypto stocks plunged on Monday, with Coinbase, Marathon Digital, Riot, CleanSpark, Circle and Strategy all sliding sharply. Cathie Wood’s ARK Invest ramped up its exposure to crypto exchange Bullish on Monday, buying $10.2 million worth of shares as its stock slid to a fresh record low during a brutal downturn for publicly traded crypto firms. According to ARK’s daily trade disclosure, the ARK Innovation ETF (ARKK) added 191,195 Bullish shares, while ARKW bought 56,660. The ARKF fund also picked up 29,208 shares. The move comes as Bullish (BLSH) tumbled 4.5% to $36.75 on Monday, extending a months-long slide that has pushed the stock down nearly 46% over the past six months. Read more

The price of IBIT has dropped 16% to $52, a level last seen in April.

Mt. Gox just moved 10,608 BTC worth $953 million, its first big transfer in months, as $4 billion in creditor repayments stay delayed until October 2026. Defunct Japanese cryptocurrency exchange Mt. Gox has made its largest Bitcoin move in eight months, even as it pushes back creditor repayments until late 2026. The Mt. Gox-labelled cold wallet transferred 10,608 Bitcoin (BTC) worth over $953 million into a new cryptocurrency wallet, marking its first large-scale transfer in eight months. The transfer was also the first movement above $1 million from the address since March 25, when 893 BTC worth $77.3 million were moved, according to Arkham. Read more

Mastercard, Polygon, and Mercuryo are introducing verified username-style aliases for self-custody wallets.

Move introduces verified aliases for crypto transfers and adds an ID layer to self-custody tools.

Bitcoin forms a death cross, dropping below $90K. Analysts warn of a potential bear market with targets at $75K, $56K, and $52K.

Most major coins are now in “extreme pain,” with traders sitting on heavy losses, a backdrop Santiment frames as prime buy-zone territory.