Bitcoin shrimp, crab cohorts aggressively buying; ETH equivalent cohorts selling

Glassnode data analyzed by CryptoSlate showed a significant trend difference between Bitcoin (BTC) and Ethereum (ETH) shrimp and crab cohorts. BTC fundamentals’ core narrative is the reason that so ma...

‘Shrimp’ and ‘Crab’ Bitcoin Balances Hit Record Highs Amid FTX Collapse

So-called Bitcoin (BTC) shrimps, a category of addresses holding less than 1 BTC, have added 96,200 BTC to their collective stashes since FTX exchange’s collapse earlier this month. According to...

DeFi Speculators Turn to Ethereum ‘Squeeths’ and Straddles in Crypto ‘Crab Market’

Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) Are we in a dog market, crab market, or… Musk market? It seems like the only way investors are making money these days i...

DeFi Options Platform Opyn’s ‘Crab Strategy’ Generates 14% Return in Comatose Ether Market

The “Crab” strategy, designed by leading DeFi options platform Opyn, is built to make money during bouts of low ether (ETH) price volatility. It has earned 14% returns in U.S. dollar terms...

Into Crab Mode, Bitcoin Bullish Potential Capped For The Coming Months?

Bitcoin is back below $20,000 and seems on track to re-test the bottom of its current range. The cryptocurrency was showing signs of recovery, but it was rejected near the critical resistance zone at ...

MEXC Pioneer sponsors Darwinia Crab Hackathon encouraging contribution to Web3 applications

MEXC Pioneer is partnering with Darwinia Network to launch The Crab Hackathon, aiming to encourage developers to contribute ideas and early-stage projects related to Web3 Tools, DeFi, Metaverse, and N...