Cryptocurrency News

The price of the leading cryptocurrency rose above $67,000 after reports of a ceasefire between the US and Iran. Despite the gain, derivatives metrics signal market participants’ distrust of the current rally. At the time of writing the price had corrected to $65,626 (-1.3% over 24 hours). The annual premium on bitcoin futures stood at 2%. The metric has remained below…

The Second Western District Military Court handed down a verdict to a 16-year-old resident of the town of Liski. The teenager will spend seven years in a juvenile correctional facility and will also pay a fine for preparing to blow up the car of a Russian serviceman. Investigators established that the minor was carrying out tasks for the Ukrainian special services. The reward for surveillance and collecting information…

The Adjusted Sell-side Risk Ratio (SSRR) indicator moved into the «red zone» for the first time since the previous cycle during bitcoin's drop to $60,000. At the same time, the CVDD model points to a structural cycle bottom at around $48,000, forming a key lower boundary of bitcoin's current market range. This was reported by CryptoQuant. Sell-side Risk Ratio flashed…

USDT rose by 16% against Venezuela's bolivar as the money supply exceeded 2 trillion and access to the dollar on Binance P2P became more limited.

Former FTX CEO Sam Bankman-Fried (SBF) has hinted at launching his own coin after leaving prison. This was reported by New York Magazine, citing the entrepreneur's cellmates and acquaintances. When former inmate David Bunevacz asked SBF about his plans after release, he replied that «making serious money would require between $50 million and $100 million». The businessman…