Bitcoin rebounded after six days of outflows from spot ETFs. On Thursday, funds managed by BlackRock and Fidelity recorded a combined inflow of $240 million, which restored investor confidence. Against this backdrop, analysts are once again focusing on the key technical line — the 50-week exponential moving average (EMA), which is around the $100,000 level…
The issuer of the largest stablecoin, USDT, continues to increase its bitcoin reserves. Over the past day, Tether transferred almost 9,849 BTC worth about $1.09 billion from Bitfinex wallets. According to Arkham Intelligence, the company’s total reserves now amount to 87,296 BTC, making it the sixth largest bitcoin holder in the world. Buying the dip…
The deUSD stablecoin from the Elixir protocol collapsed by 98%, falling from $1 to $0.03. The reason was its dependency on Stream Finance, which managed the majority of the project’s reserves and lost nearly $100 million in user funds. The incident triggered a chain reaction of de-pegging and panic selling across the DeFi sector. How…
The Internet Computer (ICP) token rose to $8.60, gaining 51% over three months. The surge occurred amid renewed interest in AI projects and a powerful short squeeze that forced short sellers to close their positions. AI brings ICP back into the spotlight Internet Computer had long remained in the shadow of Solana and Ethereum, but…
The Bank of England is preparing to publish a comprehensive document on stablecoin regulation. The consultation, scheduled for November 10, is expected to determine how the country will oversee the use of digital currencies pegged to fiat money. This is one of London’s key steps in the race with the US for leadership in crypto…
The largest players in decentralized finance have united to counter the influence of centralized crypto companies on political processes in the US. The new alliance, called the Ethereum Protocol Advocacy Alliance (EPAA), aims to promote the interests of Ethereum and convey the real structure of the ecosystem to lawmakers. Why the DeFi community needs an…
Aster (ASTER) is once again trading at $1.01 after large investors bought up 155 million tokens worth about $155 million. These purchases helped the coin recover after several weeks of pressure and decline. Despite recent volatility, the $1.00 level remains a key support that investors are clearly willing to defend. Institutional players are returning, bringing…
The ZKsync (ZK) token is rapidly growing amid the upcoming Atlas update and expanded token functionality. Over the past seven days, its price has increased by almost 87%, and by another 11% in the last 24 hours, reaching $0.068. Additional growth was fueled by public support from Vitalik Buterin, Ethereum co-founder, who emphasized the importance…
Solana Company (ticker HSDT), registered on Nasdaq, announced the launch of a share buyback program of up to $100 million. The decision was made amid falling stock prices and increased volatility in the crypto market. The goal of the program is to strengthen capital and support shareholders According to the official statement, the program does…
The decentralized oracle network RedStone has introduced a new product — HyperStone, a specialized data oracle that supports HIP-3, the Hyperliquid protocol for creating permissionless perpetual markets. The new infrastructure is designed to provide developers with fast and reliable price data feeds suitable for deploying custom derivatives and institutional-grade instruments. What HyperStone Does In the…
Ethereum remains under pressure — the asset’s price is approaching key support levels, and institutional investor interest in spot ETFs has noticeably decreased. Over the past three days, more than $364 million has been withdrawn from these products, increasing the risk of further decline. Demand for ETH-ETF is falling After record inflows at the beginning…
One of the most prominent players in the crypto industry, Animoca Brands, is taking a step towards becoming a public company. The well-known Web3 investor is preparing for a Nasdaq listing through a reverse merger with Singapore-based fintech company Currenc Group Inc., which specializes in artificial intelligence solutions. This move will allow Animoca to gain…
