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Ether traders on social media are more optimistic after the tokenâs price saw a slight bump on Thursday, even as the rest of the crypto market remained fearful amid a wider downturn.The uptick in bullish comments on social media was sparked after Ether (ETH) nearly reached $3,500 on Thursday, which âŚ
Decentralized finance liquidity provider Elixir has pulled support for its synthetic stablecoin, deUSD, due to knock-on effects from Stream Financeâs $93 million loss earlier this week.Elixir said in an X post on Thursday that it has already successfully processed redemptions of 80% of all deUSD holâŚ
Ether may have entered a prime accumulation zone, with analysts suggesting the recent pullback could soon reverse.MN Trading Capital founder Michael van de Poppe said in an X post on Thursday that the recent price decline in Ether (ETH) was a âlittle deeper than expected.ââStill a great area to accuâŚ
Bitcoinâs price may decline by almost 50% if its current downward trend over the past month continues, says a traditional finance analyst.However, onchain analytics firm Glassnode suggested that Bitcoinâs (BTC) current downtrend may not be as severe as some market participants believe.Bloomberg analâŚ
Nearly half of exchange-traded fund (ETF) investors are planning to buy a crypto ETF, matching those who said theyâd buy a bond ETF, according to a report from brokerage giant Schwab Asset Management.In its ETFs and Beyond report released on Thursday, Schwab found that 52% of respondents to its survâŚ
The US Federal Reserveâs decision to ease monetary policy is inflating an economic bubble that could drive up the prices of hard assets, but also marks the final phase of a 75-year economic cycle, according to former hedge fund manager Ray Dalio.Typically, the Federal Reserve eases interest rates whâŚ
A Spanish public research institute is preparing to sell a long-forgotten Bitcoin stash, worth over $10 million, which was purchased for just $10,000 in 2012 as part of a blockchain research project.The Institute of Technology and Renewable Energies (ITER), overseen by the Tenerife Island Council, aâŚ
A man convicted of identity theft, who claims his hard drive with over 3,400 Bitcoin was seized and wiped by the FBI, has lost his lawsuit against the government in a US appeals court. A three-judge panel at the Eleventh Circuit Court of Appeals found on Tuesday that Michael Prime canât sue the goveâŚ
Samson Mow, the founder of Bitcoin technology infrastructure company Jan3, argues the Bitcoin bull run is yet to begin, as Bitcoin fell to just under $100,000 earlier this week. âThe Bitcoin bull run hasnât started yet. Weâre just marginally outperforming inflation at this price range,â he said on WâŚ
Key points:Bitcoin struggles to recoup losses that sparked multimonth lows under $100,000.Traders hope that whales will push the market higher to neutralize late shorts.Almost one-third of the BTC supply is now held at an unrealized loss.Bitcoin rebounded to $103,000 at Wednesdayâs Wall Street openâŚ
Decentralized finance (DeFi) researchers mapped out more than $284 million in stablecoin exposure and outstanding loans linked to Stream Finance, following the protocolâs collapse. On Tuesday, a detailed post by DeFi group Yields and More (YAM) flagged dozens of lending markets and vaults, includingâŚ
The European Commissionâs plan to expand the authority of the European Securities and Markets Authority (ESMA) over cryptocurrency and capital markets has sparked debate across Europe, with critics warning it could stifle innovation and slow decision-making.The European Union is reportedly exploringâŚ