Crypto funds witnessed a second straight week of outflows, totaling $1.17 billion, offset by mild inflows from other regions. The most significant sell-off was in U.S. products, which accounted for $1.22 billion-worth of exits. Summary Crypto investment products saw $1.17 billion in outflows, marking a second straight week of redemptions [...]
Investors have begun to lose confidence in the Trump Media stock following its reported third-quarter loss totaling to $54.8 million. Can the stock recover from the loss incurred? Summary Trump Media’s stock (DJT) remains under pressure after a steep 70% decline from its previous high, reflecting investor doubts about its [...]
Chainlink price has bounced on the daily, but weekly chart suggests it’s just a short-term relief rally within a broader bearish structure. Summary Chainlink price has bounced from $13.70 low and is eyeing $17.50 descending channel resistance, but a weekly Head and Shoulders pattern keeps the broader trend bearish. The [...]
Pi Network’s price has stabilized around the $0.21 support level as volume begins to rise, hinting at renewed buying pressure. This could mark the beginning of a potential bottom. Summary Support Strength: $0.21 aligns with the 0.618 Fibonacci and value area low. Volume Rising: Increasing bullish volume signals renewed market demand. Upside [...]
The Japan Financial Services Agency (FSA) announced that it has launched an initiative to support the yen-based stablecoin joint venture launched by the country’s major banks. Summary Japan’s Financial Services Agency has launched the Payment Innovation Project to promote blockchain-based payment systems, beginning with a major stablecoin initiative launched by [...]
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In one sense, web3 is a rethink and basic improvement on web2 because it is decentralizing the front-end of the internet, ensuring that centralized services are not [...]
The crypto market was mixed last week, with top coins like Bitcoin, XRP, and Cardano falling, while privacy tokens like Monero, Zcash, and Dash soared. Summary Circle Internet will publish its financial results this week as its stock crash continues. Top cryptocurrencies will unlock tokens worth millions. Some of the [...]
Anchorage Digital, the platform that operates the only federally chartered crypto bank in the United States, is partnering with Build on Bitcoin to expand institutional access to decentralized finance on Bitcoin. Summary Anchorage Digital now supports BOB, a decentralized finance chain that taps into Bitcoin and Ethereum. BOB has picked [...]
Changpeng Zhao, founder and former CEO of Binance, said he was surprised by his presidential pardon from Donald Trump. Summary Changpeng Zhao pardoned by Trump, says he’s surprised and ready to move forward. CZ denies any business or personal connections to the Trump family or ventures. Zhao pled guilty to [...]
Bitcoin price has plummeted into a bear market after falling by 20% from its highest level this year, and top technical indicators point to a steeper crash in the near term. Summary Bitcoin price has slumped into a local bear market this month. It has formed a rising wedge on [...]
