Author: WebDesk

Ethereum finally reclaimed $1,900 this week, and the timeline went wild. Cooler inflation data squeezed $100 million in shorts within 30 minutes. Meanwhile, I was watching one line on my chart. That line is a months-old descending trendline on the 4H. Price tagged it, wicked, and rolled over. This ETH trendline rejection was exactly the signal I was waiting for, so I shorted it. Let me walk you through the macro, the technicals, and my exact trade plan.The Macro Backdrop: Cooler PPI, Hawkish WarshYesterday’s Producer Price Index came in soft. PPI fell 0.3% in June, against expectations of a flat…

Federal Reserve Chair Kevin Warsh told the House Financial Services Committee on July 14 that the central bank will decline to rescue the cryptocurrency industry in a crisis, a message he delivered during his first semiannual monetary policy testimony as chair. The exchange came from Rep. Brad Sherman (D-CA), a longtime crypto skeptic, who asked whether the Fed would backstop failing digital-asset firms the way it supported money market funds in 2008. Warsh rejected the premise. “We do not want to be in the bailout business, full stop,” he said. He added, “We want to be in a position where…

Rising fuel prices just crashed the party for airlines again, and United is right in the middle of it. The question on everyone’s mind: can UAL pass through enough of that spike to passengers and partners without killing demand?This piece breaks down United’s latest numbers, how much of the fuel bill they’re clawing back, where pricing power is actually coming from, and what could still go wrong if oil stays sticky higher into year-end. Short version: yes, but it’s not a free lunch.Quick AnswerUnited is absorbing a meaningful chunk of the fuel surge through higher yields, premium mix, and ancillaries,…

All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. Crypto.com is Citadel Securities’ third crypto exchange stake in thirteen months, after Kraken and Ripple. Citadel also co-owns a fourth venue, EDX Markets, which applied for a national trust bank charter in April. In December, Citadel asked the SEC to regulate DeFi platforms trading tokenized stocks like traditional exchanges. The combined moves give Citadel a position in retail exchanges, an institutional venue, and a settlement network. Most coverage of Citadel Securities’ $400 million stake in Crypto.com is treating it as a standalone funding round. A…

Key Highlights On Thursday, Visa introduced Visa Stablecoin Platform (VSP),  a brand-new platform to allow banks, fintech companies, and crypto firms to mint, move, and manage stablecoins in a single Visa-managed environment. The new platform comes with various features, including stablecoin-linked cards, efficient cross-border payments via Visa Direct, and many more. In the initial phase, VSP integrated the newly launched stablecoin from Open Standard, Open USD (OUSD). On July 16, Visa, a leading payment network, announced the launch of the Visa Stablecoin Platform (VSP), a brand-new platform to allow banks, fintech companies, and crypto firms to mint, move, and manage…

Pyth Network is making another push beyond crypto, and the market appears to have noticed. PYTH price climbed more than 10% after the protocol announced that institutional fixed-income pricing is now live across Pyth Pro and the Pyth Data Marketplace, expanding its reach into one of the world’s largest financial markets.The rally has also pushed PYTH back to a major technical hurdle, with the token now retesting its 200-day EMA near $0.0532.Institutional Bond Data Goes LiveThe latest rollout introduces pricing from three established fixed-income data providers: Fenics Market Data, OpenYield, and Tradeweb.Fenics Market Data, the data distribution arm of BGC…

Another day, another Bitcoin treasury.  But this time, with a twist: Earlier this week, macroeconomist and all-round Bitcoin legend Lyn Alden announced Orange Juice — an investment firm that aims to buy, improve and get businesses on a Bitcoin standard.  The idea is that Orange Juice will buy small and mid-sized businesses at low prices, improve their operations, and hold them indefinitely rather than reselling them.  A portion of the businesses’ profits will get converted into Bitcoin, which serves as the company’s treasury asset.  “Pure-play Bitcoin holding companies exist, but their cash-flowing operations tend to be small or non-existent,” Alden…

Ault Capital has developed a Cosmos-based Layer-1 network for tokenized assets and digital settlement after banking disruptions affected businesses under its leadership. Summary Ault Capital linked its new Layer-1 network to banking disruptions faced by its businesses. The Cosmos-based blockchain supports Ethereum smart contracts, tokenized assets, and institutional settlement. Identified participants will govern the network, while tokens will be distributed without a public sale. According to Ault Blockchain, the project seeks to reduce the role of traditional financial institutions in settlement while supporting decentralized trading and other onchain financial applications. The company has positioned the network as infrastructure for compliant…

Picture a February blizzard rolling into Chicago. Airlines slash schedules, airport boards light up red, and your group booking budget just went sideways. Now imagine you had a small position that pays out if cancellations spike at O’Hare that day. Not to profit off misery, but to soften the hit.That’s the basic pitch behind a new Kalshi idea: listed event contracts tied to the percentage of flights canceled at a specific airport over a set window. The company has told regulators it wants to use FlightAware as the main data source, with U.S. DOT’s Bureau of Transportation Statistics as backup.…

Adam Weitsman just landed a seat on the Yuga Labs board of directors. For anyone who lived through the NFT bull market, that name needs no introduction. He is the scrap metal billionaire who bought the Dookey Dash golden key, half of Yuga’s Otherside holdings, and some of the rarest apes in existence.But who is Adam Weitsman really? Where did his fortune come from, and why does his board appointment matter for BAYC, Otherside, and ApeCoin? Let’s dig in. I’ll also share a few personal stories, because I’ve crossed paths with Adam more than once.Who Is Adam Weitsman?Adam Weitsman is…