HBAR retreated 2.2% during Thursday’s session as technical selling overwhelmed emerging ETF speculation. The token broke decisively below $0.1380 support on volume that peaked 47% above the daily average of 35.5 million tokens. The breakdown accelerated around 09:00 GMT when 52.21 million tokens changed hands. Bears drove prices to session lows near $0.1367 before momentum…
The White House’s freshly unveiled National Security Strategy reads less like a traditional diplomatic blueprint and more like a call for global fiscal expansion. For the crypto market, addicted to the idea of rapid-fire interest rate reductions in the U.S. and worldwide, this seems to be a cold shower nobody ordered. The core of the…
Amid an intensifying international focus on stablecoins, the International Monetary Fund (IMF) has released a 56-page report detailing what it sees as the key risks surrounding their adoption. The report draws parallels from the claims many other central banks and international financial organizations make regarding the threat stablecoins represent to governmental monetary control, to ultimately…
Paribu, one of Turkey’s largest digital asset platforms, has acquired crypto exchange CoinMENA for up to $240 million, marking the country’s biggest fintech acquisition and its first cross-border crypto deal, the company announced on Friday. CoinMENA, based in Bahrain and operating with licenses in both Bahrain and Dubai, is one of the top local exchanges…
Catching up to the steep decline in the price of Strategy (MSTR), Cantor Fitzgerald’s Brett Knoblauch cut his 12-month price target for Strategy (MSTR) to $229 from $560, citing a weaker environment for raising capital tied to bitcoin BTC$90,977.49. The new target still suggests nearly 30% upside from the current price of $180, with Knoblauch…
By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin is hovering around $91,300 after falling more than 2.2% in 24 hours, a better performance than the wider crypto market’s 3.2% drop as measured by the CoinDesk 20 (CD20) index. The backdrop is messy. A record-long U.S. government shutdown has delayed key labor reports, though…
The European Commission, the executive arm of the European Union (EU), proposed ending individual countries’ supervision of cryptocurrency companies and transferring the responsibility to the bloc’s markets regulator as part of measures to “fully integrate” EU financial markets. The commission wants to address the discrepancies that result from differing supervisory approaches among the 27 member…
Sovereign wealth funds were buying the dip in bitcoin BTC$91,392.19, according to BlackRock CEO Larry Fink. “We’re seeing more and more legitimate, long-holding investors investing in it,” Fink said Wednesday at the New York Times DealBook Summit in New York. “I can tell you there are a number of sovereign funds […] they are adding…
Ripple’s token breaks critical $2.07 floor amid volume surge, signaling deeper correction ahead. News Background XRP continues to face conflicting forces as short-term technical weakness clashes with strengthening institutional adoption. Spot XRP ETFs have now attracted nearly $850 million in inflows since launching in mid-November — one of the strongest altcoin ETF starts on record…
Kraken, the cryptocurrency exchange preparing to go public in the U.S. early next year, has unveiled an invitation-only VIP program tailored to ultra high net worth individuals, sophisticated traders and strategic capital allocators, the company said. Crypto exchanges are looking to fill the gap when it comes to providing high-touch services to wealthy individuals, family…
