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 […]
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 […]
TLDR The Ethereum Foundation has launched the Ethereum Interop Layer to simplify cross-chain transactions across Ethereum’s Layer 2 networks. EIL enables users to perform operations such as token transfers and NFT minting with a single […]
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 […]
Bitcoin could hit a bottom as soon as this week, according to BitMine chairman Tom Lee and Bitwise Asset Management chief investment officer Matt Hougan, as Bitcoin briefly dropped below $90,000, its lowest price in […]
TLDR El Salvador adds 1,090 BTC worth $100M, bringing its total holdings to 7,474 BTC. The purchase occurs while Bitcoin’s price drops 4.92%, settling at $90,999. El Salvador has been buying Bitcoin daily since November […]
Bitcoin’s rapid pullback has pushed the average US spot Bitcoin exchange-traded fund (ETF) investor into the red for the first time since the products launched. The flow-weighted cost basis across all US Bitcoin (BTC) ETFs […]
A collective that includes the African Continental Free Trade Area (AfCFTA) Secretariat, Iota Foundation, the Tony Blair Institute and the World Economic Forum has joined forces to develop a digital platform in Africa to digitize […]
The European Central Bank (ECB) may soon be compelled to view stablecoins not just as a regulatory concern, but also as a potential source of macroeconomic shocks, according to Dutch central bank governor Olaf Sleijpen. […]
US spot Bitcoin exchange-traded funds (ETFs) closed a third straight week in the red, deepening concerns that one of Bitcoin’s biggest institutional demand engines is stalling. Spot Bitcoin (BTC) ETFs saw $1.1 billion in net […]
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