Bitcoin Rebounds to $82K as Trump Eases Iran War Fears 
DWF Labs Sues BitGo for $114 Million Over Alleged Token Sales Breach 
XRP Holds Steady at $1.39 as Crypto Market Faces Heavy Liquidations 
Stellar Overtakes Ethereum in RWA Fund Inflows as XRP Leads Commodities 
Crypto Liquidation Flush: BTC & ETH at a Glance 
Cardano Hits Record 436 TPS as Network Scaling Advances 
Ledger Investigates Alleged $86 Million Crypto Wallet Theft 
Zcash Plans Quantum-Resistant Security Upgrade for January 
XRP Price Eyes $1.50 as ETFs Attract $8.17M Inflows 
Jameson Lopp Downplays AI Threat to Bitcoin Cryptography 
Solana Targets 200ms Block Time in Major Network Upgrade 
Cardano Price Drops 14% as ADA Funding Rate Hits Four-Month Low 
Dogecoin Liquidations Surge as DOGE Bulls Face Heavy Losses 
MSTR Stock Rises as Barclays Raises Price Target to $175 
GRAM Price Jumps 9% as Telegram Expands Money Wallet 
Add as a preferred source on Google
Oil price recovered sharply today from Friday's sharp sell offs as COT report released by CFTC after market closes on Friday that speculators, namely hedge funds have increased their bullish bets by most in two months.
- OPEC has called for $80/barrel crude oil by 2020, expecting price to rise by $5/barrel each year. Non-OPEC production is expected to shrink fast, especially in US as low oil price force shale oil producers to shut shops.
- Some fund managers and investment bankers, such as David Pursell, MD at Tudor Holt & Co. suggests that market may not be as oversupplied as it seems, while others suggest demand to outpace supply given lower crude price.
- OPEC suggested Non-OPEC supply to be 58.2 million barrels/day by 2017, down 1 million barrel from previous forecast.
- Latest report from Baker Hughes show that crude rig count has fallen for third consecutive week.
CFTC data shows that money managers' net long position in WTI rose by 14,821 contracts to 147,678, which is highest since 7th July.
WTI is currently trading at 45.7/barrel and Brent at $2.5/barrel premium.
