CryptoSlate — page 48

Coverage, page 48

page 48 of 64

Most world cup traders won less than $5 on Polymarket while FIVE wallets walked away with millions

Spain’s second World Cup title settled the largest sports-related winner markets yet on Polymarket and Kalshi, closing a tournament that brought prediction trading closer to the center of the global sports-betting business. Available data from the two leading platforms show that they recorded about $5.57 billion in cumulative volume on contracts tied to the tournament […]

CryptoSlate•Oluwapelumi Adejumo21 Jul

Bitcoin’s $66,000 price breakout survives continued US-Iran escalation, but a bigger test looms

Bitcoin climbed above $66,000, extending its advance as exchange-traded fund inflows and a sharp drop in balances on major crypto exchanges eased some of the selling pressure that has weighed on the market since May. Data from CryptoSlate shows that the largest cryptocurrency traded as high as $66,277 and was changing hands near $66,181 as […]

CryptoSlate•Oluwapelumi Adejumo21 Jul

Strategy’s Bitcoin metrics go negative amid $3.2B cash – sells 7.5M shares but buys 0 BTC for 4 weeks

Michael Saylor-led Strategy sold another $263.5 million of common stock last week, but the company used the fundraising to expand its cash reserve rather than add to its Bitcoin holdings. According to a July 20 SEC filing, the Tysons Corner, Virginia-based company issued 2.73 million Class A shares between July 13 and July 19, while […]

CryptoSlate•Oluwapelumi Adejumo21 Jul

XRP’s $1.18 breakout line draws a $300 million surge in leveraged bets

XRP open interest is above $2.4 billion, about $125 million up over the last week, as traders rebuilt derivatives exposure beneath the token’s next price barrier. XRP trades near $1.13, up 1.5% over 48 hours, with CoinGlass recording $1.98 billion in futures volume, $274 million in spot volume, and $2.53 million in liquidations. CoinGecko measured […]

CryptoSlate•Gino Matos21 Jul

Oil is back near $90, so why is Bitcoin still above $66,000?

Brent crude futures reached $91.42 on July 20, their highest level since June 11, then eased to $88.28 as mediators floated a 10-day US-Iran ceasefire proposal. Bitcoin traded above $65,000 earlier in the session, registering an intraday high at $65,666 and a low at $63,100. As of press time, Bitcoin has now reached $66,313, while […]

CryptoSlate•Gino Matos21 Jul

Bitcoin breaks $66k as US debt hits $39.5 trillion creating Bitcoin’s next liquidity test for August 3

US gross federal debt reached $39.489 trillion on July 15, leaving roughly $511 billion before the $40 trillion threshold, and this debt total strengthens Bitcoin's fixed-supply argument. Treasury currently expects to borrow $671 billion in privately held net marketable debt during the July-to-September quarter, with the estimate built on a $950 billion end-of-September cash balance. […]

CryptoSlate•Gino Matos21 Jul

FTX begins $900M payout as creditors in 45 countries could lose their claims within 6 months

Only creditors who cleared the June 16 requirements and can onboard with BitGo, Kraken or Payoneer are on the July 31 clock.

CryptoSlate•Liam 'Akiba' Wright20 Jul

Bitcoin treasury company discovers buying own stock adds 24% more BTC per share than buying Bitcoin

The first five repurchases generated 24% more gross Bitcoin-per-share accretion per pound than a matched BTC purchase.

CryptoSlate•Liam 'Akiba' Wright20 Jul

Crypto investor charged with using 8 companies and new investor cash to keep an alleged $20M fraud alive

Prosecutors say eight entities were used as investor funds moved through financial institutions and crypto exchanges, with new money repaying earlier investors.

CryptoSlate•Liam 'Akiba' Wright20 Jul

Bitcoin gets $2.5B target for $72,000 by August as unknown trader bets big on Fed rally

The headline figure is gross notional for one capped spread, while $72,500 touch odds stood at just 4.1%.

CryptoSlate•Liam 'Akiba' Wright20 Jul

France blocked Polymarket after its transaction controls failed to stop 578,751 new French visitors

ANJ cited Similarweb estimates after operator-level controls were circumvented in practice while the platform's live odds remained visible.

CryptoSlate•Liam 'Akiba' Wright20 Jul

Hyperliquid challenges Polymarket with $32 million opening for prediction-market builders

Hyperliquid plans to allow external operators to create prediction markets on its blockchain, widening its challenge to Polymarket while requiring prospective deployers to put nearly $32 million of its native token at risk. The proposed HIP-4 upgrade would require each deployer to stake 500,000 HYPE, worth about $31.7 million at Monday’s token price. Hyperliquid would […]

CryptoSlate•Oluwapelumi Adejumo20 Jul

Bitcoin whale dumps $122 million 40x long right before liquidation can strike

The Hyperliquid account closed 1,897.74 BTC before its recorded exit trades reached the listed $61,605 marker.

CryptoSlate•Liam 'Akiba' Wright20 Jul

Saylor joins Bitcoin’s BIP-110 fight as miners get one last chance to avoid forced signaling

The current period cannot reach the 55% threshold, leaving one full ordinary window before enforcing nodes require bit 4.

CryptoSlate•Liam 'Akiba' Wright20 Jul

Bitcoin ETF inflows return, but $2.3 billion stablecoin liquidity drain leaves $57,000 exposed

Bitcoin's return to positive exchange-traded fund flows is colliding with a deeper contraction in crypto-market liquidity, leaving its recovery vulnerable as oil prices climb and geopolitical tensions disrupt one of the world’s most important energy corridors. Data from CryptoSlate shows that the recent inflows have helped Bitcoin stabilize near $64,000 after an eight-week investor retreat. […]

CryptoSlate•Oluwapelumi Adejumo20 Jul

Ethereum bridge users have 24 hours to exit before chain shuts down after just 5 week warning

Claims and unstaking are already closed, leaving liquid balances one final bridge route to Ethereum before 6:00 AM UTC on July 21.

CryptoSlate•Liam 'Akiba' Wright20 Jul

UK turns delayed wallet identification into a 14-year criminal risk for crypto firms

The offence took effect July 17 without naming crypto, forcing UK-linked firms to reconstruct what they knew and when.

CryptoSlate•Liam 'Akiba' Wright19 Jul

Grayscale is setting up a quarterly cash showdown between Ethereum and Solana staking

Proposed trust changes would require no-less-than-quarterly cash distributions, creating a common cadence without fixing payout amounts or yield.

CryptoSlate•Liam 'Akiba' Wright19 Jul

MetaMask code was open to a North Korea-linked contractor for a month before Consensys halted releases

Consensys found no compromised assets or data, no malicious code deployment and no user impact, but contractor access controls face scrutiny.

CryptoSlate•Liam 'Akiba' Wright19 Jul

Treasuries are amplifying market selloffs and Bitcoin is paying the price

For two decades, the American investor essentially got a free insurance policy. When equities fell, Treasuries rallied, and the loss on one side of the portfolio was partly covered by the gain on the other. That relationship became so reliable that an entire industry built products on it, and an entire generation of allocators started […]

CryptoSlate•Andjela Radmilac19 Jul