them whales be slippery

Societe Generale’s technical team notes USD/KRW failed twice to break above the June high around 1,561, triggering a deeper decline towards the 200-day moving average. The pair is now testing this key MA, with next support at a multi-month ascending trend line near 1,464/1,461. A rebound from this zone could be capped by the recent…

Fartcoin [FARTCOIN] fell roughly 13% over the past few days as sellers strengthened their grip. That decline reinforced expectations of a steeper sell-off. However, the derivatives setup appeared less straightforward. Shorts benefited from the decline, yet whale positioning and Funding Rates supported a possible near-term rebound. Is FARTCOIN nearing a bottom? Binance’s 24-hour Liquidation Heatmap…

BUILDon [B] has climbed to the top of the bulls’ watchlist, as traders rotate heavy capital into the token, keeping the asset firmly on the bullish side. At press time, BUILDon surged 61% in the past day after spending most of the month in the red, though it still carried a 15% loss over the …

A federal judge ruled that Minnesota’s law banning prediction markets likely runs afoul of the Commodity Exchange Act, granting a preliminary injunction against the law to Kalshi, Polymarket and the Commodity Futures Trading Commission. Judge Katherine Menendez, of the U.S. District Court for the District of Minnesota, ruled Monday that Minnesota’s recently passed law that…

Russia’s largest bank, Sberbank, plans to build cryptocurrency trading infrastructure and launch a digital depository by Dec. 1 as Russia moves to bring crypto trading, custody and settlement into its regulated financial system. The depository, according to Interfax, will record clients’ ownership of cryptocurrency and process most transactions outside the underlying blockchain. Sberbank will operate…