Geoffrey K. Auyeung sentenced to five years for laundering $100M fraud funds via Bitcoin, Ethereum

The SpaceX IPO's massive investor demand may divert funds from crypto markets, potentially impacting Bitcoin and other digital asset prices. The post SpaceX draws $250B in investor demand for record IPO, and crypto markets may feel the squeeze appeared first on Crypto Briefing.

XRP is struggling around $1.15 as fear and uncertainty define the current market environment, and holders search for evidence that the current level represents support rather than a temporary pause before further decline. The price is under pressure — and a CryptoQuant analyst has identified a derivatives reset that occurred during the latest sell-off that reveals a sharp divergence between two of the largest XRP trading venues in the world. Related Reading: Ethereum OG Nails The Crash: Sells $188M, Buys Back Lower The sell-off triggered a forced deleveraging event on Bybit that the data makes impossible to dismiss. XRP open interest on Bybit fell to approximately $181 million — its lowest level since February 13, when it stood near $180 million. The current reading represents a 36% decline from Bybit’s recent peak of $283 million on May 22. A third of the leveraged XRP positioning on one of the most active derivatives venues in the market was flushed out in a compressed timeframe — th

CME launches cash-settled Nasdaq crypto index futures tracking BTC, ETH, SOL, XRP and four other major digital assets in one contract.

Ethereum is trading below $1,700 as the market faces a key test that will determine whether the current level holds as support or gives way to further deterioration. The price has already dropped approximately 28% from recent levels — and a CryptoQuant analyst has identified a development in the derivatives data that places the current […]

CME's new futures product enhances institutional crypto access, potentially boosting market legitimacy and attracting cautious investors. The post CME Group launches Nasdaq CME Crypto Index Futures covering Bitcoin, Ethereum, Solana, and four more tokens appeared first on Crypto Briefing.

Ethereum price started a downside correction from $1,720. ETH must clear the $1,670 and $1,700 resistance levels to continue higher. Ethereum started a downside correction below the $1,620 zone. The price is trading below $1,665 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $1,700 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $1,680 zone. Ethereum Price Resumes Decline Ethereum price failed to stay above the $1,700 zone and extended its decline, like Bitcoin. ETH price gained pace for a move below the $1,680 and $1,665 levels. There was a break below a bullish trend line with support at $1,700 on the hourly chart of ETH/USD. The bears pushed the price below the 38.2% Fib retracement level of the upward move from the $1,505 swing low to the $1,719 high. However, the bulls were active near the $1,610 level. Ethereum price is now trading below $1,680 and the 100-hou

The renewed conflict underscores the fragility of ceasefires and highlights the growing role of crypto as a refuge in geopolitical crises. The post Israel strikes Iran after missile barrages as Bitcoin slides toward $63K appeared first on Crypto Briefing.

Wintermute said bitcoin’s latest decline was driven mainly by U.S. institutional selling and ETF outflows, not Strategy’s small BTC sale. The firm warned that capital inflows have not returned, making it too early to call a market bottom. Wintermute Sees Early Bitcoin Accumulation but Says Recovery Lacks Confirmation Bitcoin’s sharp fall below $62,000 was driven […]