Bitcoin Open Interest Recovers 13% As Options Flip Futures

Bitcoin futures open interest (OI) — a measure of derivative market participation — has gained almost 13% from the start of the year, which analysts say could reflect more risk appetite for crypto.  The increase follows a sharp deleveraging phase from October through December, when Bitcoin derivatives exposure fell alongside a broad market correction. Bitcoin futures OI has fallen 17.5% from 381,000 BTC to 314,000 BTC over the past three months, following a roughly 36% price correction from early October, “reflecting a phase of risk reduction and the unwinding of…

Binance Australia Restores Direct Bank and PayID Transfers for User

Crypto exchange Binance has reintroduced direct bank transfers in Australia two years after the exchange was abruptly “cut off” from the Australian banking system.  As of last Friday, Binance Australia has relaunched direct fiat bank and PayID deposits and withdrawals to its Australian users.  The rollout began with a small group of users last year, according to a statement on Monday shared with Cointelegraph.   Binance Australia and New Zealand general manager Matt Poblocki said limited fiat access has created friction for local users trying to participate in the digital asset…

Senate Judiciary Wants Dev Protections Out of Crypto Bill

US Senate Judiciary Committee leaders are seeking to remove crypto developer protections from the Senate’s crypto market structure bill, arguing the provisions would weaken unlicensed money transmitting laws. Senate Judiciary chair Charles Grassley and the committee’s top Democrat, Richard Durbin, told Senate Banking Committee chair Tim Scott and top Democrat Elizabeth Warren on Wednesday that the crypto bill as drafted would “create a significant enforcement gap for decentralized digital asset platforms.” “Such a gap risks attracting illicit actors — like cartels and other sophisticated criminal organizations — to decentralized platforms,”…

Saylor Hints Strategy May Buy Even More Bitcoin After $1.25 billion Splurge

Strategy chairman Michael Saylor has hinted at another major Bitcoin buy after adding $1.25 billion worth of the cryptocurrency to its holdings just last week. In an X post on Saturday, Saylor shared a screenshot of a graph from StrategyTracker, showing the price of Bitcoin (BTC) and the times Strategy has made purchases for its Bitcoin reserve, with the caption “Bigger Orange” — with orange being the color associated with Bitcoin.   Source: Michael Saylor The Strategy chairman has often teased upcoming Bitcoin buys via X this way, and has…

How Evil Twin WiFi Attacks Trick Crypto Users Into Losing Funds

Imagine you’ve just gotten off a 16-hour flight. You’re red-eyed and irritable, but you need to shift some crypto funds in a hurry. The SIM-card shops are closed, so you use the provided “free airport WiFi” to get connected.  Hours later, your crypto has shifted to an unidentified wallet. Unfortunately, you may have been hit with an “Evil Twin” WiFi attack. Evil Twins clone legitimate WiFi networks It’s an often-overlooked attack vector, security experts told Cointelegraph. The process involves bad actors cloning legitimate WiFi networks, tricking devices into connecting, and…

Bitcoin Hashrate Falls Under 1 ZH/s For First Time in Months

The Bitcoin hashrate has slipped below 1 zetahash per second for the first time in four months despite a recent improvement in miner profitability. The Bitcoin network hashrate has fallen under 1,000 exahash per second (EH/s) for the first time since mid-September, with one analyst tipping the decline to continued interest in AI.  The Bitcoin hashrate is currently 993 EH/s on a seven-day moving average, after dropping below 1,000 EH/s, or 1 zetahash per second (ZH/s), on Saturday, according to Hashrate Index data. It has now fallen nearly 15% since…

Dogecoin (DOGE) Red Prints Return, Resistance Could Cap Any Recovery

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Bitcoin Drops $3,500 As EU Threatens Trump Tariff Retaliation

Bitcoin fell almost $3,500 on Monday as Europe hinted at retaliatory measures against US President Donald Trump, who threatened new trade tariffs unless negotiations could begin over Greenland.  Bitcoin (BTC) prices have dumped 3.6% in a matter of hours, falling from $95,450 to just below $92,000 on Coinbase in early trading on Monday morning, according to TradingView. Around $750 million in long positions were liquidated in four hours, bringing total 24-hour liquidations to over $860 million, according to Coinglass. The asset had marginally recovered from its weekly low, trading at…

XRP Price Stabilizes After Flash Crash, Market Watches Closely

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Nasdaq Tells Canaan to Boost Share Price or Face Delisting

Crypto mining hardware maker Canaan Inc., which has seen its shares down 63% in the last 12 months, has received a warning from Nasdaq to increase its share price within 180 days or face delisting from the major stock market index. Canaan said in a statement on Friday that the Nasdaq contacted the company on Wednesday to warn it was not in compliance with listing rules, as its shares’ closing bid price had been below $1 for the last 30 business days. The Nasdaq gave Canaan 180 days, until July…