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Markets
Bitcoin Traders Brace for 'Fat Tails' as Focus Shifts to Trump's Nashville Bitcoin Conference Speech
Speculation is high that Trump will announce a bigger role for BTC in the financial system, triggering a parabolic rise in the cryptocurrency's price, one observer said.

Ripple Settlement Hopes Pushed XRP Volumes Above Bitcoin on S. Korean Exchanges This Week
XRP accounted for almost 40% of all trading activity on top Korean exchanges from Tuesday to Thursday and prices surged.

CrowdStrike, Windows BSoD Meme Tokens Populate Solana and Ethereum Amid Global Internet Outage
Some of these tokens have liquidity of upto $50,000 worth of stablecoins, quickly running to market capitalizations of as much as $1 million on paper.

Bitcoin Slumps Towards $63K as Speculation About Biden Dropout Intensifies
As the odds for Joe Biden pulling out of the presidential race soared over the past day, the chances of victory for the now crypto-friendly Donald Trump slipped on prediction market Polymarket.

Mt. Gox Creditors Reportedly Hit By Failed Login Attempts Amid Repayments
The Mt. Gox claims portal “is temporarily down for maintenance” as of Asian morning hours Thursday, the site shows.

Profit-Making Crypto Address Makes $16M Investment in BTC
The address has made $30 million in trading profits in the past 12 months, according to Lookonchain.

In Likely Precursor to Ether ETF Approval, Most Applicants Have Submitted Their Final Forms
The forms show what issuers plan to charge customers, with Grayscale at the high end at 2.5%, while competitors including BlackRock and Fidelity pick 0.25% or lower.

Crypto Exchanges Clamping Down on Prime Brokers Is Backwards Step for Market Efficiency, Traders Say
Binance and OKX say closing a loophole that meant crypto prime brokers could offer lower fees is about transparency and creating a level playing field. Some trading firms say it's a backward step for market efficiency.

Deribit's New Bitcoin, Ether Options Tied to U.S. Elections Get Thumbs Up From Crypto Traders
Traders said these options will help define risk and protect capital from expected volatility in the lead-up to and following the binary event.

Bitcoin Bulls Eye $70K Amid Donald Trump's Rising Chances of Returning as President
“BTC could hover around the 120-day moving average, and the price may have the momentum to go up to $68k or even $70k, but we need to continue to monitor closely the Fed policies and implications of Mt Gox,” one trader said.
