Coindesk

Warning for Altcoin Bulls: The Ether-Bitcoin Ratio Is About to Flash Death Cross

A death cross occurs when a short-term moving average drops below a long-term moving average, signaling a potential long-term bearish shift in momentum.Source link

Bitcoin Miner Hut 8 Has Larger, More Diversified Business Model Following USBTC Merger: Canaccord

The broker cut its price target to $14 from $17.50 while maintaining its buy rating.Source link

Ethena Onboards Bitcoin as Backing Asset to Make USDe ‘Safer’

The platform will use a cash-and-carry trade to short bitcoin futures and pocket funding rates to generate yield on its USDe tokens.Source link

EU Watchdog Says Reordering Blockchain Transactions Might Be Market Abuse. Industry Says It’s Not

Maximum Extractable Value (MEV), in which crypto miners reorder transactions they validate for profit, is not inherently bad, some policy experts point out.Source link