Ethereum Options Skew Bearish Into Expiry as Prices Near Key Max Pain Levels

Ethereum (ETH) options open interest on Deribit tilted toward puts ahead of Friday expiries, signaling a more defensive stance even as spot prices slid toward key strike levels that could influence intraday hedging flows. Solana (SOL) positioning appeared broadly balanced, while XRP (XRP) showed a split picture—bullish open interest on paper, but put-heavy trading over […]

TRON Gasless USDT Volume Hits $3B As Stablecoin Payments Get Smoother

TRON’s gasless USDT transfer volume has reached roughly $3 billion over a weekly period, showing how much demand there is for stablecoin payments that do not force users to think about native gas tokens. The figure relates to active settlement volume, not total value locked. That distinction matters. This is about how much value is […]

US Weekly Jobless Claims Hit 1969 Low: What Does It Mean For Crypto?

US initial claims for state jobless benefits dropped by 22,000 to 187,000 for the week ending July 18, the lowest level since September 1969. The drop hardened bets that the Federal Reserve (Fed) could raise interest rates at next week’s meeting. The CME FedWatch tool now puts the odds of a hike at 33.7%, up […]

Ethereum Sees 23,095 ETH Deposited into Tornado Cash by Exploiter

The Drift Protocol exploiter has transferred 23,095 ETH, valued at approximately $44.4 million, into Tornado Cash, according to a tweet from Lookonchain. This significant movement raises alarms regarding the security of Ethereum’s ecosystem and its regulatory implications. Breaking It Down The recent deposit into Tornado Cash highlights ongoing vulnerabilities in the crypto space, particularly concerning […]

Ethereum (ETH) Is Cheap, But Not at Bottom Yet: Analysts

“Ethereum is cheap, but the data says the bottom isn’t in yet,” said onchain analytics platform CryptoQuant on Thursday. ETH is trading around 17% below its realized price, “but only two of five signals have reached historical bottoming levels,” they added. “Selling pressure is easing. Capitulation is still missing.” ETH realized price – which is a […]

Wisconsin Warns Election-Market Traders They May Be Disqualified From Voting

Wisconsin election officials say residents who trade contracts tied to an election may become ineligible to vote in that same contest. Kalshi accused the commission of voter suppression and warned courts could force a retraction of any such move. Kalshi calls warning ‘voter suppression’ The Wisconsin Elections Commission warned residents that buying election-related contracts on […]