Latest from Shaurya Malwa
Bitcoin Back Over $51K, Crypto Market Recovers as Nvidia's Earnings Rejuvenates AI-Tokens
The haphazard price action caused over $200 million in liquidations of crypto-tracked futures, of which $150 million were longs, or bets, against higher prices.
VanEck's Bitcoin ETF Records 2,200% Volume Surge in a Day
A sudden trading volume on VanEck’s HODL product seemed “retail armyish,” one analyst said.
Starknet’s STRK Drops 53% Amid Token Issuance Criticism
The tokens started trading at around $5 apiece, exchange data shows, and fell ahead of significant token unlocks planned in the months ahead.
USDC Stablecoin Issuer Circle Dumps Tron Network; TRX Steady
Circle cited its “risk management” framework as part of the decision, among other factors.
DeFi Platform Earning Yield by Shorting Ether Attracts $300M
Ethena offers 27% annualized rewards to holders of its USDe stablecoins, a yield it generates mostly by shorting ether futures.
Worldcoin’s Rocketing WLD Token Could Benefit Creditors of Three Arrows Capital, FTX
However, WLD prices may run into headwinds as a token unlock worth $165 million is set to begin today, occurring until Feb.26, data from Token Unlocks show.
AI Tokens Rally as OpenAI’s Sora Brings Renewed Hope to the Sector
Sector tokens jumped 7.7% on average in the past 24 hours, CoinGecko data shows, with Ocean Protocol’s OCEAN and Fetch.AI’s FET rising more than 10%.
Bitcoin Steady Over $52K;Traders Target $55K in Short-Term
However, ether will likely capture more hype and mindshare in the coming months on a potential ETF listing, one analyst said.
Solana’s SOL Futures Rack Up $1B in Record Bullish Bets
The present bias towards long positions means potential for a long squeeze, where investors who hold long positions feel the need to sell into a falling market to cut their losses.
Ether Traders Target $3.5K as ETH Jumps on ETF Expectations
Several traditional financial firms are vying for an ether exchange-traded fund in the U.S., a move that is boosting the token’s medium-term outlook.
