Polygon drops 12% in one day – But here’s why POL’s sell-off may be close to exhaustion
Funding Rates, foreign exchange outflows and a growing investor base show that the sales are caused by panic. Source link
Category financ
Trump Delights Blockbuster Jobs Report as Markets Crash and Federal Reserve Flags Inflation Risks
The US economy posted another surprisingly strong labor market report in May; 172,000 new jobs were added, reinforcing the view that hiring remains resilient despite rising inflation pressures and global uncertainty related to the ongoing conflict involving Iran. While President…
Bitcoin ‘used to finance upcoming market operations’ – ProCap CIO
Bitcoin’s sharp sales, with an outflow of $3.8 billion, shook investors. Source link
Michael Saylor or the OG Bitcoin whales: Who is responsible for BTC’s current collapse?
One analyst believes that BTC will trade at $22,000 without Saylor. Source link
Ethereum buyers are having trouble absorbing supply: Will liquidation pressures hurt ETH?
Ethereum is facing a critical test as buyer demand clashes with persistent overall supply. Source link
‘More stable returns’ – Ethena increases RWA exposure with AAA-rated CLO funds
Will demand for USDe yields increase amid Ethena’s intense efforts to increase its competitiveness? Source link
DeXe drops to $17.19, but here’s why bulls can still remain confident
Despite the market-wide decline and recent fluctuations, DEXE has remained in an uptrend on a higher time frame. Source link
Is Bitcoin at risk of deeper losses? 2 factors strengthening BTC’s downward trend
Capital flees Bitcoin as risks increase. Source link
Are professional investors abandoning Bitcoin? First quarter data shows…
Bitcoin’s first-quarter sell-off reveals the divide between traders and long-term allocators. Source link
Mapping the Bitcoin Rainbow Chart – Where will BTC’s market bottom form?
Traders and investors should note that the Rainbow Chart has its limitations. Source link
