Investment bank Standard Chartered lowered its short-term and full-year price forecasts for major cryptocurrencies, citing continued downside risk as exchange-traded fund (ETF) outflows and a challenging macro backdrop pressure the market. The bank now expects bitcoin BTC$66,199.60 to fall to around $50,000 in the coming months, with ether ETH$1,936.34 potentially bottoming near $1,400. The world’s…
ETHZilla (ETHZ) has unveiled a tokenized aviation asset, marking a major step in its plan to bring income-producing real-world assets onto Ethereum. The new offering, Eurus Aero Token I, gives accredited investors access to lease income from two commercial jet engines currently in use by a major U.S. airline, ETHZilla announced on Thursday. The deal,…
Bitcoin BTC$66,371.90 has fallen back to the low end of its recent trading range during late-morning U.S. trading hours on Thursday as the tech-heavy Nasdaq tumbles 1.6%. Trading at $65,700, bitcoin is now lower by 1.5% over the past 24 hours, while ether ETH$1,949.31, just above $1,900, is down more than 2%. The bitcoin price…
A few years after the collapse of FTX nearly took it down by association, Solana’s core builders say the network’s next phase will be defined not by survival, but by scaling into global finance. Resilience built from the debris of 2022 is now shaping the Solana ecosystems future, leaders from Jupiter, Backpack, Kamino and DoubleZero…
Aave Labs has introduced a new governance proposal that would shape the next chapter of one of crypto’s largest lending platforms, and send all revenue from Aave-branded products back to its community treasury. The proposal, called “Aave Will Win,” asks the Aave DAO to approve a broader strategy built around its upcoming V4 upgrade. If…
As institutional adoption of digital assets matures, a new corporate playbook is emerging: treat ether not just as an investment, but as productive financial infrastructure. The shift comes amid sharp downward market volatility. SharpLink Gaming (SBET) — which saw its stock soar last May after adopting an ether ETH$1,933.88 treasury strategy — has since plunged…
Coinbase (COIN) missed fourth-quarter earnings forecasts on Thursday, thanks to weaker trading activity and lower crypto asset prices. The U.S.-based crypto exchange posted total revenue of $1.78 billion against estimates for $1.83 billion. Adjusted EPS of $0.66 was well lower than the consensus $0.86. Total transaction revenue of $983 million was below forecasts for $1.02…
The U.S. Commodity Futures Trading Commission, which is set to be a leading regulator of the crypto markets, has named some of the crypto sector’s most prominent executives as members of its newly established Innovation Advisory Committee, including the CEOs of Coinbase, Ripple, Robinhood and Uniswap Labs. The 35-member committee will steer the U.S. derivatives…
Bitcoin BTC$65,625.42 fell back toward last week’s lows, giving up nearly all of its recent gains above $70,000 and resuming its slide alongside weakness in the broader tech sector, as the crypto now trades back around $65,000. Bitcoin was down 2% over the past 24 hours, with losses in ether ETH$1,919.80 and solana SOL$77.18 roughly…
The crypto industry’s campaign-finance arm, Fairshake, has begun rolling out its campaign strategies in its well-funded effort to pack Congress with lawmakers ready to pass friendly digital assets policy, and Democratic Representative Al Green is the first lawmaker on its hit list. An affiliate of the Fairshake political action committee, which has begun deploying its…
