Crypto
Crypto venture capital firm Andreessen Horowitz (a16z) is opening its first Asia-based office in South Korea with plans to expand its portfolio in the region.The firm stated that there was a “particularly strong concentration” of…
Senate Banking Committee Chair Tim Scott says he’s looking to mark up a crypto market structure bill next month to have it on President Donald Trump’s desk by early next year.Scott told Fox Business on Tuesday that the committee has…
Crypto exchange Coinbase is working on creating a website for a prediction markets platform, according to a tech researcher who posted screenshots seemingly indicating it will be backed by Kalshi. Jane Manchun Wong, a tech researcher and blogger known for…
Strategy executive chairman Michael Saylor has shrugged off concerns that Wall Street’s entry into Bitcoin affected its price action and volatility.“I think we are getting a lot less volatility,” Saylor said when asked the question during an interview with Fox…
Internet services provider Cloudflare says that a fault in its bot detection system triggered an outage that took down around 20% of webpages, including several crypto platforms.Cloudflare said in a post-mortem statement on Tuesday that a “feature file” used by…
Kraken says it’s now valued at $20 billion after an $800 million funding round it said would support the US-based crypto exchange’s global expansion. Kraken said on Tuesday that it raised the capital across two tranches, with the second tranche including…
The US government is unlikely to start accumulating Bitcoin for its strategic reserve until other nations make the first move, says crypto entrepreneur Mike Alfred.Alfred said in a podcast published on Tuesday that the US government will start putting Bitcoin…
Key takeaways:Solana’s rebound from its weekly support at $130 signals a potential price recovery to $250.An increase in open interest and spot demand signals the return of buyers into the market.Institutional demand for SOL rises with $390 million in cumulative…
Bitfury is the latest Bitcoin miner to pivot away from the mining sector, announcing it will become an investment firm focused on “ethical emerging technologies,” including artificial intelligence and crypto.Bitfury said on Tuesday that it would pour $1 billion into…
Analysts have questioned whether November deserves its reputation as Bitcoin’s historically “strongest month” after the cryptocurrency dropped 10% over the past seven days and briefly sank below $90,000.“Historical averages suggest strength, but those numbers are skewed and the current backdrop…
Key takeaways:Federal Reserve balance-sheet limits and possible repo operations point to improving liquidity conditions that could boost Bitcoin and other risk assets.Fiscal strain and sector weakness currently weigh on markets, but easing tariffs and a targeted stimulus plan may support…
PDAX, a regulated cryptocurrency exchange in the Philippines, has partnered with Web3 payroll provider Toku to enable remote workers in the country to receive wages in stablecoins.According to Tuesday’s press release, the new integration connects Toku’s token-based payroll system with…
Paxos Labs has launched USDG0, an omnichain extension of its regulated USDG stablecoin, bringing fully backed dollar liquidity to Hyperliquid, Plume and Aptos through LayerZero’s OFT standard.According to an X post from Paxos Labs on Tuesday, USDG0 extends USDG (USDG),…
Key takeaways:Bitcoin’s drop below its MVRV Mean band puts $75,700 as the next major downside target.BTC whales are accelerating their purchases as Wall Street analysts predict a 40% price rebound by year-end.Bitcoin (BTC) may be preparing for a deeper decline…
Key takeaways:Bitcoin rebounded 4% from a key range under $90,000, outperforming US equities on Tuesday. Tech stocks slid ahead of Nvidia’s pivotal Q3 earnings, which could determine the next phase of the AI trade.The Coinbase premium gap plunged to negative…
Key takeaways:Ether’s 20% monthly decline has pushed it into a clear daily downtrend, retesting $3,000 for the first time since July.The Mayer Multiple falling below 1 signals a historically strong accumulation zone, resembling past bottoming phases.Leveraged liquidity has reset, but…
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