Crypto
Key points:The failure of the bulls to maintain Bitcoin above $94,050 has renewed selling, opening the doors for a fall to $87,700 and then to $84,000.Most major altcoins remain under pressure and are threatening to…
Money managers may need to rethink their approach to digital assets, with over a third of young, wealthy investors in a recent US survey indicating they had moved on from advisers who don’t offer crypto exposure.Crypto payments provider Zerohash’s survey…
Bitwise Asset Management has confirmed that its new spot exchange-traded fund (ETF) tracking XRP is set to launch on Thursday, under the ticker “XRP.”The new fund will go live on the New York Stock Exchange, the asset manager announced, which…
Bitcoin’s recent price plunge has little to do with the recent US government shutdown or with the so-called AI tech bubble, according to crypto analysts.Many market participants had speculated that Bitcoin (BTC) — which recently fell to its lowest level…
The crypto ecosystem has made strides in decentralizing blockchains, but the recent Cloudflare incident showed that true resilience requires decentralizing the frontend and storage layers as well, blockchain infrastructure platforms argue. Decentralizing blockchains through consensus, a robust set of validators,…
Bitcoin whale activity could experience its highest spike in weekly transactions this year with Bitcoin falling under $90,000, according to the market intelligence platform Santiment.The increase in whale activity has grown in step with the slump in crypto prices, Santiment…
Brazilian crypto holders are urged to be on the lookout for a sophisticated hacking campaign that includes a hijacking worm and banking trojan shared via WhatsApp messages. According to a new report from Trustwave’s cybersecurity research team SpiderLabs, the banking trojan,…
Tech and crypto stocks rose in after-hours trading on Wednesday after chip maker Nvidia’s third-quarter earnings beat expectations on the top and bottom line, allaying fears of an AI bubble.Nvidia reported record revenue of $57 billion for its third quarter…
Key takeaway:BTC derivatives metrics show traders taking precautions, but the data suggests traders are not reaching distressed levels yet.Bitcoin ETF outflows and tech sector weakness keep sentiment subdued, reducing confidence that Bitcoin can hold above $89,000.Bitcoin (BTC) retested the $89,000…
Key takeaways:XRP validates a bearish descending triangle, risking a 25% drop to $1.55.A bearish divergence from the weekly RSI points to increasing downward momentum.Low daily active addresses signal muted network activity and liquidity, amplifying XRP sell-off risk.XRP price traded 11%…
Michael Selig, who serves as chief counsel for the crypto task force at the US Securities and Exchange Commission, faced questions from lawmakers on the Senate Agriculture Committee for his nomination to be the next chair of the Commodity Futures…
Mezo, a Bitcoin-native DeFi platform for BTC-backed borrowing and yield, has partnered with Anchorage Digital to bring low-cost stablecoin loans and short-term veBTC rewards to institutional clients. The move gives public companies and digital asset treasuries a compliant on-ramp into…
The DeFi Education Fund, an advocacy organization focused on decentralized finance, has proposed utilizing the technology to reduce costs, aiming to address poverty in the United States and globally.In a Wednesday blog post, the group said DeFi infrastructure could potentially…
Key points:Bitcoin attempted a recovery on Tuesday, but the market open on Wednesday saw bears applying pressure at the intra-day range highs.Several altcoins are falling toward critical support levels, signaling that the bears remain in control.Buyers are trying to sustain…
Key takeaways:Power-law modeling shows Bitcoin generates strong long-term returns regardless of precise entry timing.Global liquidity sits far above prior-cycle levels, supporting a more favorable macroeconomic backdrop.Bitcoin currently trades at an unusually deep discount relative to its liquidity trends, with its…
Bullish, an institutionally focused crypto exchange and the parent company of CoinDesk, reported its strongest quarter since going public, lifted by surging institutional activity around its new US spot market and a crypto options desk that crossed $1 billion in…
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