Author: admin

The bitcoin price climbed back above $70,000 on Saturday, rebounding from a sharp drawdown earlier this month as cooler-than-expected U.S. inflation data helped revive risk appetite across markets. The recovery comes after a brutal stretch that saw billions in realized losses and persistent signs of investor anxiety. Bitcoin was trading around $70,215 at press time, up roughly 2% over the past 24 hours, with daily volume near $43 billion. The move leaves the bitcoin price sitting just below its seven-day high of $70,434, according to market data, and pushes its global market capitalization back above $1.4 trillion. The latest upside…

Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting…

US-based ETF issuer Roundhill Investments has filed with the US securities regulator to launch six exchange-traded funds (ETFs) tied to event contracts on the outcome of the 2028 US presidential election.ETF analyst Eric Balchunas said in an X post on Saturday that, if approved, the ETF products would be “potentially groundbreaking.” “Opens up huge door to all kinds of stuff,” Balchunas said, adding that prediction market applications are easy to sign up to, but ETFs are “just that much easier.”Roundhill Investments filed with the US Securities and Exchange Commission on Friday to launch six ETF products that allow investors to…

Two US senators are pressing the Treasury Department to investigate a reported foreign investment in a crypto venture tied to the Trump family, raising concerns about national security, foreign influence and access to sensitive financial data.In a Friday letter to Treasury Secretary Scott Bessent, Massachusetts Senator Elizabeth Warren and New Jersey Senator Andy Kim asked the government to determine whether the Committee on Foreign Investment in the United States (CFIUS) should investigate a deal in which a UAE–backed investment vehicle agreed to purchase a 49% stake in World Liberty Financial (WLFI) for roughly $500 million.The lawmakers wrote that the transaction…

Asset management giant BlackRock is making its first formal move into decentralized finance by bringing its tokenized US Treasury fund to Uniswap, marking a milestone moment for institutional adoption of DeFi.According to a Wednesday announcement, BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) will be listed on the Uniswap decentralized exchange, allowing institutional investors to buy and sell the tokenized security. As part of the arrangement, BlackRock is also purchasing an undisclosed amount of Uniswap’s native governance token, UNI, the announcement said.The collaboration is being facilitated by tokenization company Securitize, which partnered with the world’s biggest asset manager on the launch of…

HONG KONG — CoinDesk wrapped up Consensus Hong Kong on Thursday with north of 11,000 attendees visiting booths and stages.While day 1 focused on institutional projects and professional investor audiences, the second day concentrated on developers. Representatives of the Bitcoin, Ethereum and Solana communities all spoke to the challenge of scaling their networks and the tooling needed to support growing user bases.World Liberty Financial, the crypto project linked to U.S. President Donald Trump and his family, is planning to start a foreign-exchange platform called World Swap, which co-founder Zak Folkman said will target cross-border transfers. World Swap will use the…

Bitcoin’s price structure is showing signs of strain, and new data from CryptoQuant shows that fresh capital is no longer entering the market. Instead of the recent drawdown acting as an attraction for buyers, it appears to be triggering withdrawals. This change in liquidity behavior is important, as it indicates that Bitcoin may be transitioning into deeper bear market conditions. Notably, on-chain metrics tracking new liquidity flows are revealing negative cumulative inflows over the past month. Selling Pressure Builds, New Investor Inflows Flip Negative According to a recent analysis that was done on the CryptoQuant platform, Bitcoin’s 30-day cumulative new…

Binance dismisses circulating concerns that the exchange is in trouble because of high outflows in the past days. Binance, the world’s largest cryptocurrency exchange, is facing mounting rumors on social media that funds are flowing out of it at unprecedented rates. “Get your funds off of Binance. -$17bn of withdrawals in the last 7 days. There is a risk they will become insolvent, and you won’t be able to get your money out. Withdraw now or cry later,” wrote a popular crypto analyst on X. Although the figures range from $10 billion to $17 billion, many others reiterated this opinion.…

In brief Aster has surged by almost 10% over the past day, leading a broad altcoin recovery alongside tokens including Hyperliquid, Hedera and Zcash. Despite the bounce, HashKey’s Tim Sun says the market is in a “grueling bottoming-out phase,” not a reversal. Prediction market sentiment remains muted, with Myriad users expecting Bitcoin and Hyperliquid prices to slide. The cryptocurrency market cap is steadily turning green, with altcoins accelerating their recovery bounce over the past day.The native token of perps DEX Aster is up nearly 10% over the past 24 hours, making it the largest gainer in the top 50 altcoins…

Here’s what signals that XRP’s bears might step back soon. The latest market downtrend has not been kind to Ripple’s XRP, whose price slipped by nearly 25% over the past two weeks. However, some key factors suggest the bulls may soon regain control. Rally on the Way? Last week, Ripple’s cross-border token fell to almost $1.10, its lowest point since November 2024. In the following days, it recovered from the sharp decline and currently trades at roughly $1.40, still well below the levels seen in previous months. Certain elements, including the XRP exchange reserves, suggest that a further revival could…