A new proposal on Balancer’s governance forum sets the stage for how the protocol plans to handle the next phase of its recovery effort. Summary Balancer has proposed a framework …
Andrew Grant
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Crypto
Jupiter introduces Refinance feature for seamless migration of borrowing and lending positions
by Andrew Grantby Andrew GrantKey Takeaways Jupiter launches the Refinance feature for seamless migration of lending and borrowing positions from other DeFi protocols. Users can migrate active positions without slippage and keep custody of …
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Crypto
Will Michael Burry’s Big Nvidia Bet Pay Off? NVDA Stock Tumbles As Polymarket Rakes It In
by Andrew Grantby Andrew GrantThe Dow Jones, S&P 500, and Nasdaq are up when writing, but interestingly, Nvidia is tumbling, and risks dragging the entire market with it. Of the three major indices, Nasdaq …
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Crypto
Whales Are Leaning Into Ethereum (ETH) and Cardano (ADA): Retail Is Lagging Behind
by Andrew Grantby Andrew GrantETH and ADA are seeing rising whale interest. Whales are increasingly favoring long positions over retail traders in Ethereum (ETH) and Cardano (ADA), Alphractal found after gauging the Whale …
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Sentiment, not fundamentals, influences crypto, according to Sygnum CIO Fabian Dori. Summary Macro shocks, not fundamentals, drove the crypto market crash Crypto markets have been overleveraged for a while, making …
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Crypto
Bitcoin addresses with over 1,000 coins surge during recent market dip
by Andrew Grantby Andrew GrantKey Takeaways The number of Bitcoin addresses holding over 1,000 BTC has increased during the latest market downturn. This surge suggests strong accumulation by large holders, including institutions and high-net-worth …
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Crypto
SpaceX Moves $105M Bitcoin, Wood Predicts Liquidity Easing, Nasdaq Boosts IBIT Options
by Andrew Grantby Andrew GrantSpaceX has shifted 1,163 Bitcoin, worth about $105 million, into a new wallet, just about a month after it transferred another large batch of 1,215 Bitcoins, valued at $133.7 million, …
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Crypto
Bitcoin (BTC) Becomes ‘Most Leveraged Asset in History:’ Binance and Bybit Dominate
by Andrew Grantby Andrew GrantOpen Interest peaked in October, nearly five times higher than in November 2021, which is indicative of aggressive trader focus on fast profits. Bitcoin (BTC) has become “one of …
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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. When the Movement Foundation (MOVE) token plunged …
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Crypto
Upbit discloses $37M hack on Solana network, pledges to cover customer losses
by Andrew Grantby Andrew GrantKey Takeaways Upbit, a leading South Korean cryptocurrency exchange, suffered a $37 million security breach on the Solana network. Upbit has pledged to cover all customer losses from its own …
