Bitcoin Derivatives Flash Red Flags with Open Interest Hitting 773K BTC
TL;DR: Bitcoin fell below $70,000 and traded around $69,300, while futures open interest climbed to roughly 773,000 BTC, one of the highest readings on record. Funding
Latest news from: Nicholet R.
Nicholet R.
Passionate writer and blockchain enthusiast, she covers the latest developments in the cryptocurrency world with clarity and depth. At Crypto Economy, she focuses on delivering accurate, engaging, and accessible content for readers eager to stay informed about Bitcoin, DeFi, NFTs, and the constantly evolving crypto ecosystem.
MoneyGram Launches MGUSD Stablecoin on Stellar
MoneyGram announced the launch of MGUSD, a native U.S. dollar stablecoin designed to power services across its global payments network. The release says MGUSD launches on
Orbs V5 Upgrades Execution Layer for DeFi Trading
Orbs said that its V5 update has reached a major milestone, with the Committee Sync MVP live on Arbitrum and Ethereum. The update brings a leaner
Mt. Gox Sends Over $730M in BTC to New Address in Early-Morning Transfer
TL;DR: Mt. Gox moved 10,306 BTC, worth about $730.8 million, from cold wallets to an unmarked address early Tuesday. Arkham marked the larger transfer as unspent,
WonderFi Buyout Gives Robinhood a Direct Path Into Canada’s Crypto Market
TL;DR: Robinhood closed its $180 million stock acquisition of WonderFi, gaining Canadian licenses, approvals and control of Bitbuy and Coinsquare. WonderFi adds about 300,000 funded customers,
Quant Launches Fusion Rollup on Mainnet
Quant said that its Fusion Rollup is live on mainnet, describing it as the first multi-ledger rollup built for institutions. The announcement says the system launches
Bitcoin Slides Under $70K in Sharp Drop That Hits Market Dominance
TL;DR: Bitcoin dropped below $70,000 toward the $69,000 area, reaching its lowest level since early April after seven of eight four-hour candles closed red. BTC dominance
Binance Adds Direct AED Transfers for UAE Users
Binance said that it launched direct AED deposit and withdrawal capabilities for users in the UAE through regulated local banking rails. The blog says the setup
Zcash Flashes Bullish Buy Signal: Is ZEC Ready for a Breakout?
TL;DR: Zcash flashed a TD Sequential 9 buy signal near $551, with analysts watching whether $500 support can keep a move toward $642 alive. ZEC’s rally
Chinese Executive Killed in Cambodia After Family Failed to Pay $2 Million Crypto Ransom
TL;DR: Yang Weixin, a 53-year-old Chinese real estate executive, was abducted in Phnom Penh and killed after his family could not pay a $2 million crypto
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