Crypto News

Bitcoin’s derivatives market has ballooned to $135.76 billion in open interest across futures and options, as the price holds between $109,214 and $110,356 on Aug. 26. Bitcoin Open Interest Remains Elevated Bitcoin futures open interest now totals $81.54 billion, led by CME at $15.62 billion (141,750 BTC) and Binance at $14.33 billion (129,990 BTC). BybitSource link

BONK, the Solana-based meme token, endured sharp price swings during the last 24 hours, reflecting both selling pressure and large accumulation. The token moved within an 8% range between $0.0000197 and $0.0000212, ultimately consolidating near $0.0000205.The heaviest selling occurred during the Aug. 25 evening, when BONK fell about 5% from $0.0000208 to $0.0000197 on trading volume exceeding 1.8 trillion tokens, substantially above daily averages, according to CoinDesk Research's technical analysis data model. Buyers reentered at these levels, building technical support around $0.0000197 and driving prices back into a narrow consolidation band between $0.0000203 and $0.0000205.Corporate participation helped reinforce market confidence. Safety Shot Inc., a Nasdaq-listed company, confirmed a $30 million financing arrangement on Aug. 25, with $25 million denominated in...

Arbitrum technical analysis suggests ARB could reach $0.65 within 4 weeks, though immediate consolidation around $0.50-$0.55 expected before breakout above $0.62 resistance. (Read More)Source link

A coalition of 44 state attorneys general have written to 13 AI firms demanding they protect children from sexually suggestive chatbot content.Source link

ATOM price prediction shows potential 25% upside to $5.60 short-term target, with analysts eyeing $40+ by year-end despite current bearish momentum signals. (Read More)Source link