Zcash price plunged 24%, breaking several support levels and its EMA200, with analysts warning of further downside but noting that long-term charts and the privacy thesis remain intact. Summary Zcash price fell 24% in a day, leading major-crypto losses as it broke multiple support zones after a parabolic November rally. [...]
Yearn Finance has taken its first major step toward repairing the damage from its recent yETH exploit after securing a partial recovery. Summary Yearn Finance recovered $2.4M from the $9M yETH exploit through a coordinated effort with Plume and Dinero. The recovery covers assets still held by the attacker, while [...]
BlackRock’s U.S. Bitcoin ETF grew to $70B AUM, generating about $245M in annual fees, helping push the firm’s total bitcoin allocations toward $100B across products. Summary BlackRock’s U.S.-listed Bitcoin ETF amassed $70B in assets within 341 days and now holds over 3% of Bitcoin’s supply. Combined U.S., Brazilian and overseas [...]
Trump-linked American Bitcoin stock price tanked by over 40% on Tuesday, reaching its lowest level since May this year. Summary American Bitcoin price crashed by over 40% on Tuesday. The decline was notable as it happened as Bitcoin recovered. This crash was likely because of technicals and panic selling. Why [...]
Shiba Inu price continued its strong downward trend, reaching a low of $0.0000080, its lowest level since Nov. 24, and 76% from its highest level in December last year. Summary Shiba Inu price continued its downtrend despite the soaring burn rate. The burn rate rose by over 17,225% in the [...]
Grayscale’s Chainlink Trust converts into the first U.S. Chainlink ETF on NYSE Arca, underscoring a policy shift as the SEC streamlines approvals for crypto funds. Summary NYSE Arca certified conversion of the Grayscale Chainlink Trust into an ETF under 1934 Act rules. LINK joins Dogecoin, Solana, Litecoin, HBAR and XRP [...]
Fed injects $13.5B into banks via a large overnight repo, reviving concerns over funding stress, liquidity conditions, and potential ripple effects across asset markets. Summary Fed executed a $13.5B overnight repo, one of the biggest since 2020 and larger than early-2000s tech bust operations. Spike in repo usage signals rising [...]
Ripple (XRP), the fourth-biggest player in he crypto industry, dropped to $2.0340, its lowest level since Nov. 23. It has now plunged by 45% from its highest level this year. Summary XRP price dropped by over 5% on Monday as the crypto market dived. The coin also dropped as bull [...]
The Federal Reserve’s top bank cop is heading to Capitol Hill with a message that boils down to: yes, banks and crypto firms can play nicely — but rules must be followed. Summary Fed Governor Michelle Bowman will urge Congress to support new rules for banks and stablecoins. Innovation must [...]
In Musk’s AI- and robotics-driven future, traditional money fades as labor allocation becomes obsolete, while energy—and energy-backed assets like Bitcoin—persist as core value. Summary Musk says advanced AI and robotics could satisfy human needs, making money far less relevant as a way to organize labor and production. He calls energy [...]
