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Clearpool (CPOOL) Breaks 2-Month High After Dual Listing on Upbit and Bithumb
Yahoo Finance· 2025-10-22 09:12
Core Insights - CPOOL, the native token of the Clearpool protocol, experienced a significant price surge following its dual listings on South Korea's top exchanges, Bithumb and Upbit, reaching a two-month high [1][2][4]. Group 1: Listings and Trading Activity - CPOOL trading commenced on October 22, with Upbit handling the majority of the trading volume [1][2]. - Bithumb listed CPOOL against the Korean Won (KRW) and set a reference price of 143.226 Won, offering a fee-free trading period from October 22 to October 24 [3]. - Upbit provided three trading pairs: KRW, Bitcoin (BTC), and Tether (USDT), allowing only limit orders for the first two hours of trading [3]. - Following Upbit's listing, CPOOL's price surged over 91% from $0.104 to $0.199, although a slight correction occurred afterward [4]. - Bithumb's announcement led to a more modest price increase, with CPOOL trading at $0.131, up nearly 30% since the initial announcement [5]. - CPOOL's daily trading volume skyrocketed by 1,435.90% to reach $69 million, with Upbit accounting for nearly 26% of this volume [6]. Group 2: Long-term Growth Initiatives - Clearpool has resumed its official buyback program, purchasing CPOOL directly from the open market, which may support long-term growth [7]. - Buybacks are often seen as a sign of management's confidence in the project's fundamentals and can help stabilize prices during volatility [8]. - The buyback program will utilize revenue generated from various Clearpool ecosystem components, including Dynamic Pools, Clearpool Prime, Credit Vaults, and the USDX T-Pool [8]. - With increased exposure and growing scarcity, CPOOL is positioned to strengthen its role in the on-chain credit market, contingent on sustained trading interest and protocol activity [9].
Crypto Markets Today: Bitcoin, Ether Drop as Selling Pressure Returns
Yahoo Finance· 2025-10-21 12:00
Market Overview - The crypto market experienced selling pressure, with Bitcoin (BTC) trading at $107,800 and Ether (ETH) at $3,867, both retreating from recent gains [1] - Analysts are evaluating whether the market has formed a "lower high" pattern, which could indicate a continued decline, particularly if Bitcoin falls below the October 17 low of $103,700 [2][5] Derivatives Positioning - The Bitcoin futures market shows a recovery, with open interest rising to $26.06 billion as traders re-engage [4] - The three-month annualized basis remains stable in the neutral-to-bullish range of 5%-6% [4] - Funding rates have shifted back to mostly neutral or positive, indicating a reduction in short-side conviction, with OKX leading this change at a positive rate of 7.51% [4] - The BTC options market is strongly bullish, with an upward sloping implied volatility term structure, suggesting expectations of increased volatility [4] - The 25-delta skew has risen above 11.86%, indicating traders are paying a premium for upside exposure, reflecting confidence in a sustained rally [4] Liquidation Data - Coinglass data indicates $320 million in liquidations over 24 hours, with a 76%-24% split between longs and shorts, led by BTC ($88 million) and ETH ($85 million) [4] - The Binance liquidation heatmap highlights $112,300 as a key liquidation level to monitor [4] Market Movements - South Korean exchanges Upbit and Bithumb listed several lower market cap tokens, leading to significant price increases, such as SynFutures (F) which rose over 50% after its listing [4] - Trading volume for SynFutures increased by 669% to over $200 million [4] - Despite these gains, the broader altcoin market faced declines, with the CoinDesk 80 Index falling 4.5% in the past 24 hours, and several assets like CAKE and ETHFI losing 10% [4]
OpenSea to Launch SEA Token in Q1 2026, Allocating 50% to Community
Yahoo Finance· 2025-10-19 09:41
Core Insights - OpenSea will launch its SEA token in Q1 2026, with 50% of the total supply allocated to the community and early users [1][3][9] Token Utility and Revenue Model - The SEA token will be integrated into OpenSea's ecosystem, allowing users to stake SEA behind their favorite collections, while 50% of the platform's revenue will be used for SEA token buybacks [4][9] - This dual approach aims to enhance token utility and long-term value within the marketplace [4] Market Positioning and Trading Volume - OpenSea is transitioning from a focus on NFTs to a multi-chain trading aggregator, now supporting 22 blockchains and recording $2.6 billion in trading volume for the month, with over 90% from token trading [5][9] - The platform's trading volume has seen a significant decline from its peak, with the total market capitalization dropping from $20 billion in early 2022 to approximately $4.87 billion by October 2025 [6] Revenue Generation - OpenSea generates around $16 million in revenue through a 0.9% transaction fee by aggregating buy and sell orders from decentralized exchanges [7] - At the height of the NFT market in January 2022, OpenSea's monthly revenue reached $125 million, with a valuation of $13.3 billion [8]
DOGE And SHIB Are Done — Another Meme Coin Could Soon See 300% Upside
Yahoo Finance· 2025-10-18 00:31
Core Insights - Dogecoin (DOGE) and Shiba Inu (SHIB) are losing momentum, while a lesser-known meme coin, Ark of Panda (AOP), is gaining attention with a potential for a 300% price increase [1][6]. Market Activity - AOP is currently trading near $0.08, facing resistance between $0.0825 and $0.0830, with a liquidity base established around $0.078 to $0.077 [3][4]. - The token's 24-hour trading volume on Binance Alpha surged to over $5.8 billion, representing approximately 70% of the total exchange turnover, driven by Binance's short-term incentive program [6][8]. Technical Analysis - The Relative Strength Index (RSI) is stabilizing around 45, indicating potential volatility ahead as major Exponential Moving Averages (EMAs) cluster near $0.081 to $0.082 [5]. - A confirmed breakout above $0.083 could lead to price targets of $0.10, $0.15, and $0.20, representing a potential 300% increase [5]. Ownership and Volatility - Only 300 million AOP tokens are in circulation out of a total supply of 2 billion, leading to concentrated ownership that may increase price volatility [9][10]. - The thin market structure suggests that even minor selling could result in significant price corrections, especially if trading activity declines after the incentive program ends [11].
OpenSea Reinvents Itself as Crypto Aggregator Amid 90% NFT Volume Crash
Yahoo Finance· 2025-10-17 21:41
Core Insights - OpenSea has transformed from a leading NFT marketplace to a multi-chain crypto trading aggregator as NFT trading volumes have plummeted over 90% from 2021 highs [1][2] - The platform now supports 22 blockchains and aims to become a "trade-any-crypto" platform, reflecting a strategic pivot in response to market trends [1][2] Market Performance - The NFT market capitalization fell from $20 billion in early 2022 to approximately $4.87 billion by October 2025 [2] - OpenSea's monthly revenue dropped from $125 million in January 2022 to just $3 million by late 2023 [4] - In October 2025, OpenSea processed $1.6 billion in crypto trades and $230 million in NFT transactions, marking its highest trading volume in over three years [6] Business Strategy - The new business model aggregates buy and sell orders from decentralized exchanges, generating around $16 million in revenue through a 0.9% transaction fee [2] - OpenSea does not conduct know-your-customer checks, aligning with its non-custodial model while using blockchain analytics to monitor transactions [3] - The company has relocated its headquarters to Miami and reduced its workforce from about 175 employees to around 60 [5] Competitive Landscape - The decline in OpenSea's market share was exacerbated by competition from Blur, which attracted traders with zero fees and no royalties for creators [5] - OpenSea's attempt to adjust its royalty structure in response to competition led to backlash from artists and collectors [5]
Why Prices Could Feel Pressure: 3 Altcoins With Rising Exchange Supply
Yahoo Finance· 2025-10-17 11:31
Market Overview - The cryptocurrency market experienced a significant rally among altcoins, with total altcoin market capitalization exceeding $1.7 trillion, but over $300 billion in value has been lost in the first three weeks of October [1] Altcoin Performance - Chainlink (LINK) saw a peak price of over $28 in August 2025, but its exchange supply has started to increase in October, rising from 171 million to 182 million tokens [2][3] - Despite positive developments, LINK's price has dropped by more than 27% since the beginning of October due to market sentiment overshadowing internal factors [4] XRP Analysis - XRP trading volume represents over 16% of liquidity on Upbit, indicating strong interest from Korean investors [5] - XRP reserves on Upbit reached over 6.1 billion, the highest since 2025, suggesting potential selling pressure from Asian investors [6][7] - On-chain data indicates that whales and long-term holders are reducing their exposure to XRP, indicating possible further downside risk [7] Aster (ASTER) Insights - Aster (ASTER) experienced a significant increase in exchange supply, rising from approximately 670 million to over 875 million tokens, a more than 30% increase [8] - The price of ASTER dropped by 50% to around $1.1, indicating active selling by investors [8] - Perpetual trading volume for Aster DEX has decreased dramatically from around $100 billion to $10 billion, a 90% decline, suggesting a cooling-off period for related coins [8]
Millionaire Trader Gets Liquidated For $15 Million On DOGE, SHIB Rival Bonk And Fartcoin In 'Most Brutal Liquidation Ever'
Yahoo Finance· 2025-10-15 18:01
Core Insights - A pseudonymous crypto trader, Unipcs, experienced a significant loss of $15 million due to a liquidation event, which he described as the most "brutal" in crypto history [1] - The market saw Bitcoin and Ethereum drop approximately 13%, while altcoins and meme coins experienced a drastic decline of 70% to 99% within minutes [2] - The crash was primarily limited to centralized exchanges, indicating issues related to liquidity and market-making rather than a systemic market failure [3] Market Dynamics - Exchange systems failed during the liquidation, with stop-loss orders not triggering and margin additions being impossible, leading to an unprecedented speed and severity of the market crash [3] - Despite the losses, Unipcs remains optimistic about the market's potential for a rally in Q4, suggesting that recovery is possible and that the market still holds significant profit opportunities [4] Investment Strategies - Unipcs plans to revise his trading frameworks by reducing leverage, enhancing risk protocols, and protecting positions against failures from exchanges [3] - The broader investment landscape emphasizes the importance of diversification across various asset classes to manage risk and achieve steady returns, as highlighted by the mention of platforms that provide access to real estate and other investment opportunities [4][5]
Bittensor TAO Crypto Explodes 220%: What’s Going On?
Yahoo Finance· 2025-10-15 14:01
Core Insights - The overall sentiment in the crypto market remains optimistic despite a downtrend, with Bitcoin, Ethereum, and XRP showing stability but not significant gains [1] - Bittensor TAO crypto has seen a remarkable increase of +24% in the last week, trailing only ZCash, which is up +46% [2] - The technical indicators for TAO crypto are strong, with a long-short ratio above two, indicating a bullish sentiment among traders [2][3] Market Performance - The total crypto market cap has increased by +1.3% in 24 hours, but none of the top 50 coins have shown double-digit gains, except for Bittensor TAO and ZCash [1] - TAO crypto has risen nearly +60% from its lows on October 11 and +220% from its Q4 2025 lows [3] - A short squeeze has pushed TAO USDT above September highs of around $320, with potential to reach December 2024 highs of around $720 if it closes above $520 [4] Bittensor and AI Synergy - Bittensor is closely linked to AI, and any surge in interest in AI directly boosts TAO crypto [5] - The company recently raised $11 million in a private placement to develop a TAO strategy, with key investors including Digital Currency Group [6] - An analyst describes TAO as an "entrepreneurship token" that fosters innovation by aligning good ideas with incentives [6]
HYPE Price Downtrend Deepens As Funding Rate Collapses To 6-Month Low
Yahoo Finance· 2025-10-14 17:30
Core Insights - Hyperliquid (HYPE) is experiencing strong selling pressure, with a bearish price trend following a recent market correction [1] - The funding rate for Hyperliquid has dropped to a six-month low, indicating a significant rise in bearish sentiment among traders [2] - Futures traders are predominantly betting against HYPE, reflecting a lack of confidence in a near-term recovery [3] Market Indicators - The Moving Average Convergence Divergence (MACD) indicator showed potential signs of a bullish crossover, but selling momentum has pushed it deeper into negative territory [5] - The divergence between the MACD lines suggests further downside potential unless there is a meaningful shift in momentum favoring buyers [6] Price Analysis - HYPE is currently trading at $38.8, just below the critical support level of $38.9, indicating a potential for further decline [7] - If HYPE fails to hold above $38.9, it could drop to the $36.7 support level, with further declines possible to $35.7 if bearish sentiment continues [7] - Conversely, if HYPE can maintain above $38.9 and attract buying activity, it may rise past $40.2 and challenge the downtrend, with a breakout above $43.5 potentially signaling a trend reversal [8]
‘Uptober has been placed on ice’ as Trump’s trade deals loom large over crypto
Yahoo Finance· 2025-10-14 15:27
Core Insights - The crypto market is experiencing significant volatility, particularly in October, which is traditionally seen as a bullish month, due to renewed US-China trade tensions [1][4] - Bitcoin has seen a decline of over 12% after reaching an all-time high above $126,000, negatively impacting the broader market [1][3] - Recent market rebounds are viewed as temporary and driven by short-covering rather than genuine improvements in trade relations [2][4] Trade Tensions - The Chinese commerce ministry has announced enhanced restrictions on rare earth metal exports, which are crucial for various industries [2] - US President Trump threatened a 100% tariff on Chinese imports, causing turmoil in global markets, including crypto [3] - The current 90-day tariff truce between the US and China is set to conclude soon, with potential new tariffs of 30% on Chinese imports and 10% on US imports into China [5] Market Reactions - Spot Bitcoin exchange-traded funds have experienced outflows exceeding $362 million, while spot Ether ETFs saw outflows of $428 million [3] - Analysts predict that upcoming tariff news will significantly influence market volatility as both countries seek leverage [6]