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XRP futures open interest drops to around 1.5 billion XRPXRP futures traders are still cautious Advertisement XRP’s futures activity has remained substantially low since the massive Oct. 10 crash, whe

XRP Six-Month OI Plunges 96% as Derivatives Market Struggles

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Daily BTC Guess: Win 18M HTX!HTX Community Spring Creation ContestClaim1,200 USDT in the Monthly Creation Challenge StarkWare cuts staff, reorganizes into two units as it targets revenue Take StarkWar

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StarkWare cuts staff, reorganizes into two units as it targets revenue
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StarkWare CEO Eli Ben-Sasson informed staff that the company is reducing headcount to move faster, stating that the firm is “simply and sadly too big” for its new strategy.

The new structure creates a revenue-focused applications unit and a revamped Starknet development unit, each operating with its own engineering, product, and go-to-market teams.
StarkWare is cutting staff and reorganizing into two business units as the zero-knowledge rollup developer expands beyond infrastructure to build its own products and capture “meaningful revenue.”

The changes were announced by co-founder and CEO Eli Ben-Sasson during an all-hands meeting on Monday, according to a transcript seen by The Block. Ben-Sasson did not specify how many employees would be let go or provide a timeline for the reductions, but noted that downsizing was necessary to return to a "startup mode" mindset and accelerate product-market fit.

Affected staff were told they would receive an email shortly after the meeting inviting them to one-on-one conversations with their managers, he said in the transcript, adding that in many jurisdictions, StarkWare will provide severance beyond legal and contractual requirements.

Ben-Sasson cited a need to "move fast" and said a smaller headcount would make StarkWare more flexible. The CEO also said the firm will take "full ownership” of the whole blockchain proving stack, including Cairo, Sierra, and quantum-secure STARK cryptography, to reduce dependencies on external Layer 1 blockchains and external application teams.

"We're going to shift from doing many things well to doing fewer things excellently," Ben-Sasson said. "We're going to have emphasis on things that have immense potential and immense potential revenue, immense potential value, and which can be built only on our stack. We want to focus on things that can be done by no other team, in no other way."





StarkWare cuts staff, reorganizes into two units

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HTX Community Spring Creation ContestVote to help HTX win & share 300 USDT!Claim1,200 USDT in the Monthly Creation Challenge Bitcoin’s recent bounce above $70,000 is starting to look like more than a 

Bitcoin’s recent bounce above $70,000 is starting to look like more than a price bounce. An interesting on-chain analysis of on-chain data points to a change in how capital is moving across the market, with money that previously rotated into stablecoins beginning to edge back into Bitcoin.

That change is still small, but it is arriving as BTC recently reached an intraday high of $73,720 and as macro fears tied to the US-Iran conflict are changing.

The Defensive Phase Is Starting To Fade
Bitcoin’s market structure has been telling a story of restraint for many months. Capital moved to the sidelines, and stablecoins got bigger. Notably, the Bitcoin realized cap, a measure of the aggregate cost basis of all coins in circulation, plunged deep into negative territory, which is a sign that the market had absorbed significant unrealized losses.

This Bitcoin realized cap is the premise of the capital rotation setup, which was shared in a technical analysis by a crypto analyst that goes by the name Darkfost.

At the end of February, Bitcoin’s realized cap change fell to about negative $28.7 billion, which is one of the signs that capital tied to the cryptocurrency had moved into a deeply defensive posture. At the same time, stablecoin market capitalization grew by more than $6 billion, showing that investors were moving funds still in the crypto market instead of keeping that exposure in Bitcoin. According to the analyst, it was the first time this kind of rotation had appeared since the last bear-market phase.

However, the tide may be quietly changing, and the timing of that change has not gone unnoticed. Darkfost’s updated reading shows Bitcoin’s realized cap change recovering to about negative $3 billion, while stablecoin capitalization has fallen to around negative $1 billion.

BTCUSD now trading at $71,490. Chart: TradingView
This means that capital that had been parked on the sidelines appears to be moving back out of shelter and into Bitcoin again. The move is not

Bitcoin’s recent bounce above $70,000 is starting

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Daily BTC Guess: Win 18M HTX!HTX Community Spring Creation ContestClaim1,200 USDT in the Monthly Creation Challenge The crypto market cap fell below the $2.5 trillion mark on Monday after the U.S. off

The crypto market cap fell below the $2.5 trillion mark on Monday after the U.S. officially moved to impose a maritime blockade on Iranian traffic through the strategic Strait of Hormuz.

Summary Crypto market cap dropped below $2.5 trillion after the U.S. imposed a maritime blockade on Iranian traffic through the Strait of Hormuz, escalating geopolitical tensions. Oil prices surged above $100 while global markets, including equities and even traditional safe havens, faced pressure as investors moved to cash amid rising uncertainty. Ongoing tensions and upcoming U.S. PPI data could drive further downside in crypto if inflation remains elevated and keeps Fed policy tighter for longer. According to recent reports, the U.S. Central Command confirmed through a Navy official that it had begun a blockade of all maritime traffic entering and exiting Iranian ports starting at 10 a.m. ET today. As noted by the U.S. President in a recent Truth Social post, the U.S. Navy would seek and interdict any vessel in international waters that has paid a transit toll to Iran in the Strait of Hormuz. According to the administration, such payments are characterized as world extortion. Along with the blockade, the U.S. Navy has deployed destroyers to the Strait to begin clearing naval mines allegedly laid by Iran to ensure a safe pathway for non-Iranian commercial traffic.

The crypto market cap fell below the $2.5 trillion

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High-stakes diplomatic negotiations between the United States and Iran concluded in Islamabad over the weekend without a breakthrough, yet sources close to the discussions say both sides remain engage

U.S.-Iran Nuclear Talks in Islamabad End Without Deal, But Dialogue Continues - EconoTimes

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Ondo Finance has submitted a no-action request to the U.S. Securities and Exchange Commission (SEC) regarding its Ondo Global Markets (OGM) product. The request seeks regulatory confirmation that reco

Ondo Finance Submits No-Action Request to SEC

USD/CAD slipped Monday as the commodity-linked Canadian dollar strengthened after oil prices surged on news of a U.S. blockade of Iranian ports following failed peace talks..•    Brent crude rose abou

FxWirePro: USD/CAD slides as oil rally strengthens Loonie - EconoTimes

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Post To Earn BonusA Sense of Anticipation Prevails Among Whales in Bitcoin (BTC) Options Data As bearish expectations gain strength in the cryptocurrency market, options data reveals that investors ar

A Sense of Anticipation Prevails Among Whales in Bitcoin (BTC) Options Data





As bearish expectations gain strength in the cryptocurrency market, options data reveals that investors are positioning themselves against a potential decline in Bitcoin.

Maxime Seiler, CEO of cryptocurrency trading company STS Digital, stated in his assessment that Bitcoin investors are actively preparing for a bearish scenario. According to Seiler, demand for put options has increased significantly compared to call options. The fact that investors are paying premiums to hedge against downside risks while selling off upside expectations indicates growing anxiety in the markets.

Related News A Cryptocurrency Exchange Issued a Security Alert: Hackers Are Blackmailing Them with User Information

This weak outlook emerged at a time when Bitcoin was trading just above the $70,000 level. Over the weekend, the market was shaken by US President Donald Trump’s threat to close the Strait of Hormuz, and Bitcoin lost approximately 4% of its value.

The impact of geopolitical developments continued into the new week. On Monday, the US Central Command (CENTCOM) announced that the Navy would begin inspecting all ships entering and leaving Iranian ports starting at 10:00 AM Eastern Time. This development pushed oil prices back above $100, while rising energy costs brought global inflationary pressures to the forefront.

According to experts, rising oil prices are a significant risk factor that will influence central banks’ monetary policy decisions. Global central bank officials are expected to closely monitor these developments, particularly at their meetings in late April. These policies, which determine the money supply and liquidity conditions, continue to directly impact the price movements of risky assets like Bitcoin.




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