Bitcoin longs on Bitfinex surged to 80,636 BTC on May 20, the highest level since December 2023. Summary Bitfinex margin long positions rose to 80,636 BTC on May 20, up roughly 10% since the start of 2026 despite Bitcoin falling 13% in the same period. Bitcoin has declined for five consecutive trading days, sliding from
Dollar stablecoin supply has held at 99% of the global market as non-dollar tokens stall at 0.24% share. Summary Non-dollar stablecoins grew from $261 million in 2021 to $771 million by April 2026, but their market share has actually declined. Dollar stablecoin issuers benefit from $15.4 billion in tokenized US Treasuries, a reserve advantage non-dollar
Drift Protocol said its insurance fund was not affected by the recent attack and that users who staked into the fund will be able to withdraw their shares normally once the protocol is brought back online. Summary Drift said the insurance fund was not impacted because the protocol was paused before liquidation or bankruptcy losses
Six months ago, the first spot Dogecoin ETF started trading on a major US exchange. The flows have been tiny, the price has gone almost nowhere, and the whole experiment has played out in near-silence. That silence is the story. For an asset built on noise, behaving like a normal investment product is the most
LayerZero Labs has released its incident report on the KelpDAO bridge attack, saying about $292 million in rsETH was stolen after attackers poisoned RPC infrastructure used by its verification network and forcing policy changes around single-signer configurations. Summary LayerZero said KelpDAO was exploited for about $290 million, or roughly 116,500 rsETH, in an attack isolated
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Prop trading firms weigh building custom technology versus licensing ready-made infrastructure in 2026. Summary Prop trading firms now choose between building custom tech stacks or licensing white-label systems for faster market entry. Custom prop
Ethereum price remained under pressure on Tuesday as worsening technical structure, aggressive ETF outflows, and accelerating whale distribution pushed traders to closely monitor whether the key $2,000 psychological support level could soon fail. Summary Ethereum price slipped below the lower boundary of a bullish ascending channel as ETF outflows exceeded $255 million. Around 60 Ethereum
Circle stock has drawn new attention after H&H International Investment, linked to Chinese investor Duan Yongping, disclosed a new position in the stablecoin issuer. Summary Duan Yongping’s H&H International bought 200,000 Circle shares, worth about $19.08 million in Q1. The Circle stake equals roughly 0.10% of a reported $20 billion 13F portfolio. Recent market coverage
Crypto layoffs are drawing fresh attention as Meta starts a new round of AI-linked job cuts, adding Big Tech context to staff reductions across digital asset firms. Summary Meta began global AI-led cuts as Singapore staff received early notices, with more regions expected. Kraken reportedly cut about 150 roles as AI tools expanded across the
The CFTC has sued Minnesota to block a new law that would ban prediction markets from Aug. 1, setting up a court fight over state gambling rules and federal market authority. Summary CFTC sued Minnesota one day after Walz signed the nation’s first outright prediction markets ban. The regulator wants an injunction before Aug. 1,
