Tether follows Tron’s USDD stablecoin in coming unstuck amid suspicions of shorting involving FTX and Alameda Research.
Category: Market Analysis
Tron’s stablecoin USDD loses dollar peg on suspected selloff by Alameda Research
Wallets associated with Sam Bankman-Fried’s Alameda Research could be behind the dollar depeg, alleges Tron’s founder.
Bitcoin slips under $17K, crypto stocks tumble in reaction to FTX bankruptcy
Bitcoin, altcoins and crypto-linked stocks correct sharply after FTX officially files for bankruptcy, with BTC price slipping below its June lows again.
Bitcoin options data shows sub-$17K BTC price gives bears a $200M payday on Friday
BTC bears are set to profit from this week’s $710 million options expiry, which could be used to add further sell pressure to Bitcoin price.
Bitcoin price gains $1K in minutes as CPI data deals DXY fresh 2% dip
Wild volatility continues for Bitcoin and altcoins as the lowest CPI readout since January pummels the dollar.
Bitcoin miners ‘next trigger’ for BTC price crash as outflows hit multi-month highs
Miners face an impossible situation if prices stay this low, which could result in a sell-off accompanied by a BTC price macro low.
Ethereum turns deflationary for the first time since the Merge — ETH price still risks 50% drop
A bearish technical setup and a declining number of Ether whales pose downside risks for ETH’s price.
Traders take a neutral position after Ethereum futures contracts see massive liquidations
ETH price plummeted to a 4-month low at $1,070 after a wave of futures liquidations.
Hodlers in loss sit on 50% of BTC supply after $5.7K Bitcoin price dip
Unrealized losses are hitting both long-term and short-term holders this week, with half of the supply underwater in wallets.
FTX Token, BNB and Solana soar after Binance CEO inks potential deal to acquire FTX
SOL and FTX Token saw a sharp rebound after headlines that Binance would acquire FTX due to liquidity issues, but will the upside last?