On Binance's USDT perpetual market, average weekly volume per asset now ranks metals first, oil second, equities third, and altcoins outside the top 10 dead last, reframing what a crypto exchange is.
The past three months have been rough for most of the crypto market, but the damage was far from even. Some majors gave back a fifth or more of their value, while a couple swam against the tide entirely.
Bitcoin and Ethereum are clawing back ground after a brutal session. BTC has bounced to $61,742 from a low of $59,010, and ETH sits at $1,652 after touching $1,550. The recovery is real, but it's happening against a backdrop of $1 billion in liquidations over 24 hours, one of the three largest liquidation events of the past 90 days.
Ripple's dollar-backed stablecoin, RLUSD, is now legally available in Japan, approved by the country's Financial Services Agency and distributed through SBI VC Trade's VCTRADE platform to both institutional and retail users.
Grayscale Research is making a contrarian argument: some of the most profitable on-chain protocols are now trading at valuations that would look cheap in any traditional equity market, and a regulatory catalyst may be weeks away.
Bitcoin has broken below $61,000, trading around $60,890 at the time of writing, down 2.25% on the day and 6.24% on the week.
Two of crypto's research desks are looking at the same Bitcoin chart and drawing different near-term conclusions.
The White House's point person on crypto laid out how the administration thinks about Bitcoin, and the picture is less about price than about strategy.
Lawsuit accusing Mark Cuban and the Dallas Mavericks of improperly promoting the failed crypto platform was thrown out on a technicality last year, and the plaintiffs are now taking that dismissal to a federal appeals court.
BlackRock, the world's largest asset manager is pointing institutional allocators toward a modest 1-2% Bitcoin position.
XRP is trading around $1.1011, sitting on a critical support ledge while its on-chain data tells a different short-term story than its price chart.
ETH is back testing lows it hasn't seen since early June, and the technical indicators are flashing warnings. Yet the network itself is doing something it has never done during a sell-off: it's staying remarkably busy.



