Move over Jackson Hole and inflation fears. The real driver behind the recent swoon in crypto and stock markets is likely the impending liquidity drain stemming from the U.S. government’s Treasury General Account (TGA), a checking account held at the Federal Reserve that is poised for a significant buildup. Bitcoin has declined by over 8% … Read more
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, … Read more
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, … Read more
Stablecoin project Falcon Finance said it secured a $10 million strategic investment from World Liberty Financial (WLFI), the decentralized finance (DeFi) platform with links to U.S. President Donald Trump's family. The funding will support technical integrations that enable liquidity between USDf, Falcon’s synthetic dollar, and WLFI's USD1 stablecoin, according to an emailed announcement. The investment … Read more
Key points: Bitcoin market participants bet on a fresh short squeeze as liquidity piles into exchange order books around price. Late shorts are on the radar after a trip to punish longs the day prior. Bitcoin is regaining its command of the total crypto market cap. Bitcoin (BTC) bounced from a trip toward $117,000 on … Read more
Key points: Bitcoin market participants bet on a fresh short squeeze as liquidity piles into exchange order books around price. Late shorts are on the radar after a trip to punish longs the day prior. Bitcoin is regaining its command of the total crypto market cap. Bitcoin (BTC) bounced from a trip toward $117,000 on … Read more
Key points: Bitcoin market participants bet on a fresh short squeeze as liquidity piles into exchange order books around price. Late shorts are on the radar after a trip to punish longs the day prior. Bitcoin is regaining its command of the total crypto market cap. Bitcoin (BTC) bounced from a trip toward $117,000 on … Read more
Key points: Bitcoin market participants bet on a fresh short squeeze as liquidity piles into exchange order books around price. Late shorts are on the radar after a trip to punish longs the day prior. Bitcoin is regaining its command of the total crypto market cap. Bitcoin (BTC) bounced from a trip toward $117,000 on … Read more
Key points: Bitcoin market participants bet on a fresh short squeeze as liquidity piles into exchange order books around price. Late shorts are on the radar after a trip to punish longs the day prior. Bitcoin is regaining its command of the total crypto market cap. Bitcoin (BTC) bounced from a trip toward $117,000 on … Read more
Key points: Bitcoin dives more than 2% from its $120,000 daily high to swipe bid liquidity in an anticipated move. Market projections nonetheless see a deeper retracement coming. “Froth” is starting to appear across crypto as altcoin open interest hits new all-time highs. Bitcoin (BTC) dipped to take bid liquidity at Wednesday’s Wall Street open … Read more