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Coinbase buys Cobie’s UpOnly NFT for $25 million, signaling show revival

Key Takeaways Coinbase bought Cobie’s UpOnly NFT for $25 million in USDC, securing rights to compel an eight-episode UpOnlyTV season. Burning the NFT could launch a new season within three months, according to its metadata. Share this article Coinbase has purchased the UpOnly NFT from crypto influencer Cobie for $25 million in USDC, according to … Read more

Hyperliquid short whale moves 2,000 Bitcoin to Coinbase, signaling potential selling pressure

Key Takeaways A whale known as ‘195DJ’, prominent for holding short positions on Hyperliquid, transferred 2,000 BTC to Coinbase. Such large transfers to Coinbase by short-focused whales often indicate impending sell pressure. Share this article A Bitcoin whale known as “195DJ” moved 2,000 Bitcoin to Coinbase today, potentially signaling selling pressure ahead. The whale, recognized … Read more

Fed officials and data keep signaling Wall Street won’t get continued cuts

U.S. economic data keeps coming back stronger than expected, and frankly it’s raining on the parade for markets. For the majority of 2025, investors have been hankering after multiple base interest rate cuts from Jerome Powell and the Federal Open Market Committee (FOMC), knowing it would kickstart cheaper borrowing and foster economic activity. The general … Read more

Bitcoin drops below 0.95 cost basis quantile, signaling potential risk: Glassnode

Key Takeaways Bitcoin fell below the 0.95 Cost Basis Quantile, a level linked to profit-taking activity. Remaining below this threshold may increase downside risk for Bitcoin, with key support between $105,000 and $90,000. Share this article Bitcoin fell below the 0.95 Cost Basis Quantile today, entering a zone typically associated with profit-taking activity, according to … Read more

US DOJ says ‘writing code’ is not a crime, signaling shift in crypto enforcement

Key Takeaways The US Department of Justice affirmed that shipping code is not a crime for crypto and open source developers. The comments build on the April 2025 Blanche Memo, which declared the end of “regulation by prosecution.” Share this article The US Department of Justice (DOJ) has drawn a new line on how it … Read more

Ethereum updates: Investor snaps up $127m in ETH, signaling growing investor confidence

A major Ethereum whale purchase during recent market turbulence has sparked renewed interest in ETH, while Pepeto enters the scene with a cross-chain exchange, staking rewards, and over $5.3M raised—bridging utility and meme coin momentum. Ethereum (ETH) is currently trading…

Trump touts ‘planned partnership’ between U.S. Steel and Nippon Steel, signaling potential approval of Japanese company’s buyout bid

President Donald Trump said Friday that U.S. Steel will keep its headquarters in Pittsburgh as part of what he called a “planned partnership” that seemed to signal that he’ll approve a bid by Japan-based Nippon Steel to buy the iconic American steelmaker. Still, Trump’s statement left it vague as to whether he is approving Nippon … Read more

Abraxas Capital withdraws $297M in ETH, signaling a bullish market shift

Abraxas Capital has withdrawn 138,511 ETH, worth $297 million, from centralized exchanges over the past two days. According to data from Lookonchain, the London-based asset management firm’s activity coincides with a sharp surge in Ethereum’s (ETH) price, which jumped over 20% in the past 24 hours to reach $2,371 before settling near $2,295. The size … Read more

China consumer prices drop 0.1% in March signaling rising deflationary pressures

A customer selects vegetables at a supermarket in Mengzi City, southwest China’s Yunnan Province, Feb. 9, 2025. Xinhua News Agency | Xinhua News Agency | Getty Images Consumer prices in China slid 0.1% year on year in March, remaining in deflationary territory after having contracted 0.7% in February. Economists polled by Reuters had expected a … Read more

USDT wallets hit 6-month high, signaling potential buying pressure

Tether has witnessed a significant surge in on-chain activity in recent weeks, which could signal potential buying pressure following the latest crypto dip. Market intelligence platform Santiment says on-chain data related to Tether (USDT) points in this direction. In particular, analysts at the on-chain and social metrics monitoring platform believe a spike in USDT volume … Read more

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