Latest News
Kraken Prop Powers IPO Push
Kraken launched Kraken Prop on May 27, adding funded trading to boost user growth, derivatives volume, and its investor case ahead of a potential IPO.
Ethereum Below $2K as Whales Turn Bearish
Ethereum slipped below $2,000 to its lowest since late March as whale shorts and a 0.89 long/short ratio signaled rising bearish pressure.
Crypto News Summary May 24
Bitcoin neared $80K on May 24 but failed to break higher as futures turned bearish, funding stayed negative, and weak spot demand sent BTC to $75.5K.
Ethereum Whale Banks $48M Profit on ETH Longs
Matrixport-linked wallets trimmed 95,000 ETH longs, locking in about $48M in combined profit as Ethereum neared $2,400 before easing.
Bitcoin Tests $75K as $200M Shorts Face Liquidation
Bitcoin is testing $75K again, with $200M in shorts clustered above $75.5K. A breakout could trigger a squeeze and accelerate BTC's upside.
XRP Futures Erase 860M Positions Overnight
XRP futures saw 860 million tokens in open interest vanish overnight, signaling a sharp leveraged wipeout as traders cut risk after failed upside momentum.
Bitcoin Nears $72K After $160M Short Squeeze
Bitcoin climbed toward $72K after a $160M short squeeze and easing Middle East tensions, with forced liquidations driving much of the rally.
Enhanced Labs Raises $1M for On Chain Options
Enhanced Labs raised $1M in pre-seed funding to build on-chain options products, signaling growing investor demand for structured yield and DeFi options.
Bitcoin Rally Fades as Liquidations Return
Bitcoin's bounce above $72K quickly faded as macro risk-off sentiment and renewed liquidations hit, underscoring how fragile the recovery rally was.
PEPE Breakout Fuels 10% Surge
PEPE jumped 10% after breaking a three-week range, with volume surging 72% to $518M as short liquidations and stronger crypto sentiment fueled gains.
Bitcoin Futures Open Interest Jumps 8%
Bitcoin futures open interest jumped 8% in a day as BTC rose 3.6% near $69.7K, signaling fresh leverage and renewed speculative appetite.
XRP Open Interest Jumps on Fresh Bearish Bets
XRP open interest nears a two-week high as price weakens, signaling fresh short bets and rising leverage that could fuel sharper volatility ahead.
Bitcoin Rally Has Room if Support Holds
Bitcoin nears $70K after a sharp rebound as risk appetite improves, but the rally needs nearby support to hold or it may fade into a relief bounce.
Ethereum Buy Pressure Hits 3 Year High
Ethereum sees its strongest buy-side imbalance in three years, with $104M in net taker buying signaling renewed risk appetite in ETH derivatives.
XRP Short Squeeze Alert
XRP shorts are piling up as open interest tops 943M and funding stays negative, signaling crowded bearish bets and raising short squeeze risk.
Ethereum Net Taker Volume Turns Positive
Ethereum's net taker volume turned positive for the first sustained time since 2023, signaling renewed buyer aggression and a possible shift in ETH sentiment.
Bitcoin Tests Strength as RVTS Hits Record
Bitcoin holds near $67K as RVTS climbs to a record 85, signaling weak on-chain activity and a rally driven more by derivatives than fresh spot demand.
Bitcoin Scarcity Deepens Market Split
Bitcoin scarcity is tightening as liquid supply shrinks, but macro risks and derivatives-driven trading keep the market split on BTC's next move.
Crypto Consolidates as Futures Turn Bearish
Bitcoin hovered near $67K Friday as volatility cooled, but bearish futures signals, negative funding and put-heavy options point to downside risk.
Bitcoin Risks New Lows Until $76K Turns Support
Bitcoin may face fresh lows unless $76K flips into firm support, with BTC still trapped in a fragile $60K-$73K range amid macro and derivatives pressure.