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An API that charges for queries has always been awkward. Subscription tiers and monthly billing break down when autonomous agents make thousands of microtransactions per hour across new services. x402 is Coinbase's bet that the missing piece is a payment primitive wired directly into HTTP.
The mechanism revives HTTP status code 402 “Payment Required.” When a client requests a resource, the server...
The SEC has refreshed its crypto asset FAQs, clarifying how broker-dealers like Morgan Stanley, Goldman Sachs, and others can satisfy custody and capital requirements for crypto asset securities, and addressing how the framework applies to Bitcoin and Ethereum ETF activity.
The update appears on the Trading and Markets FAQ index as “Frequently Asked Questions Relating to Crypto Asset Activities...
Bitcoin surged $3,000 in an hour on Dec. 17, reclaiming $90,000 as $120 million in short positions vaporized, then collapsed to $86,000 as $200 million in longs liquidated, completing a $140 billion market-cap swing in two hours.
The movement was driven by leverage, making it seem that leveraged positions are out of control. However, Glassnode's data tells a different story.
In a Dec. 17 report,...
Bitcoin trades near $89,000 today after its 14-day relative strength index fell below 30 in mid-November, a threshold traders track for capitulation.
A chart circulated by Global Macro Investor’s Julien Bittel, sourced to LSEG Datastream, overlays Bitcoin’s recent path with the average trajectory that followed the last five RSI breaks below 30 and traces a route that ends near $180,000 about 90...
Hyperliquid is learning how quickly sentiment can turn in crypto.
According to CryptoSlate data, HYPE, the token that powers the decentralized perpetuals exchange, has dropped to seven-month lows in December after a year in which Hyperliquid looked like the default venue for on-chain leverage.
During this period, the platform's trading volumes have stalled just as newer platforms have surged on...
SBI Ripple Asia signed a memorandum of understanding with Doppler Finance to explore XRP-based yield infrastructure and real-world asset tokenization on the XRP Ledger, the firms said Dec. 17.
According to information shared with CryptoSlate, firms said they will explore collaboration on yield infrastructure for XRP, which lacks native staking, as well as RWA tokenization flows on XRPL.
The...