Category: Crypto News
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Ethereum Short Squeeze Erupts as Strait of Hormuz Reopens, $24M in Shorts Liquidated in One Hour
TLDR: Binance recorded over $1.72B in Ethereum derivatives buy volume within a single hour after the announcement. Around $24M in ETH short positions were liquidated on Binance during the one-hour post-announcement window. Ethereum funding rates stood at -0.004%, confirming most traders were heavily short before the squeeze began. Markets remain highly reactive to U.S.-Iran headlines,…
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Stablecoins Behave Like FX Markets as Liquidity Splits: Eco CEO
Stablecoins behave like a fragmented foreign exchange market, where liquidity is spread across blockchains and pools, creating price differences and uneven access to dollar liquidity. Moving stablecoins looks simple on the surface. But under the hood, it’s often a multi-step transaction routed across chains and pools. “It’s a very special case of a foreign exchange…
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Arthur Hayes Breaks Down Bitcoin’s Fate in Four Iran War Outcomes
Hayes’s core view is that BTC’s price is driven by the quantity of money, not its cost, meaning even rate hikes won’t necessarily hurt it. Bitcoin’s near-term direction may hinge less on Fed policy than on which four war scenarios play out in the Middle East. This is according to Maelstrom’s chief investment officer,…
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Circle Hit With Class Action Suit Over $280M Drift Hack
Circle Internet Group is facing a class action lawsuit led by a Drift Protocol investor claiming it failed to freeze funds stolen in a $280 million exploit of the protocol on April 1. The lawsuit was filed by Drift investor Joshua McCollum on behalf of over 100 members in a US district court in Massachusetts…
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Nic Carter Says Bitcoin Has 3 Ways To Handle Satoshi’s Coins
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Founding partner at Castle Island Ventures Nic Carter has laid out what he sees as three plausible paths for Bitcoin as the industry moves toward post-quantum cryptography: freeze vulnerable early coins, leave them untouched and accept the consequences, or pursue a legal…
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Price Pump Next For Ripple?
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Last updated: April 17, 2026 The official Solana X account posted a single word…
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A New Bull Run? Bitcoin Investors Have Stopped Selling, And Demand Is Rising
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin flows into exchanges have dropped to levels not seen in over six years, and this could be the first of many signs of a bull run. The latest on-chain data shows a massive drop in the amount of BTC being moved…
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Foundation Shuts Down NFT Marketplace After Failed Sale
Foundation, one of the better-known Ethereum-based non-fungible token (NFT) marketplaces of the 2021 boom, is shutting down after the sale that was supposed to keep it operating fell apart. Kayvon Tehranian, Foundation’s founder and CEO, took to X on Wednesday to announce the marketplace’s closure following a failed acquisition by the digital art distribution platform…
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DeFi Hacks Surge After $280M Drift Protocol Exploit
At least 12 DeFi protocols and crypto businesses have been attacked in just over two weeks since the $280 million Drift Protocol exploit on April 1. Attacks aimed at crypto protocols or companies since the start of April include CoW Swap, Hyperbridge, Bybit, Dango, Silo Finance, BSC TMM, Aethir, MONA, Zerion and, most recently, Rhea…
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Bitcoin Eyes $90K As Whales Devour 20x Daily BTC Supply In Just 30 Days
Bitcoin (BTC) appears on track to hit $90,000 in the coming weeks as whales accumulated about 20 times the cryptocurrency’s daily new supply in the past weeks. Key takeaways: Whales bought roughly 270,000 BTC in the past 30 days. BTC broke out of its symmetrical pattern setup with a measured target at around $92,220. BTC…
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