Why this key Bitcoin price trendline at $100K is back in focus
BlackRock and Fidelity led a rebound in spot Bitcoin ETFs inflows on Thursday, as traders shifted their focus to the 50-week EMA at about $100,000.
Japan’s FSA backs joint stablecoin initiative by nation’s top banks
Japan’s financial regulator has launched a “Payment Innovation Project” backing a joint initiative by major banks and corporations to issue yen-based stablecoins.
Bitcoin ETFs snap six-day outflow streak with $240M inflows
Spot Bitcoin ETFs saw $240 million in inflows after six days of redemptions, signaling renewed institutional demand for BTC.
EU considers delaying AI Act rollout amid US and Big Tech pressure
After adopting the AI Act last year, the European Union is considering easing certain provisions amid mounting pressure from the US and Big Tech.
Stablecoins strengthen the dollar and empower the developing world
Dollar-backed stablecoins reinforce U.S. currency dominance while democratizing finance in developing nations, countering China’s debt-trap diplomacy.
New crypto group aims to make unified standards for blockchain transactions
The Blockchain Payments Consortium, made up of several major crypto firms, was formed to create a “common framework that enhances blockchain transactions.”
Ethereum flashes buy signs amid whispers of ‘massive bear trap’: Analysts
Ether’s price fell a “little deeper” than one analyst expected, but said it is still a “great area” to be accumulating the asset.
Elixir sunsets deUSD stablecoin in reaction to Stream’s $93M loss
Elixir said it will sunset its deUSD stablecoin after $75 million worth of the token became entangled in Stream Finance’s $93 million loss.
Ethereum traders flip bullish as rest of market remains fearful
Santiment says online Ether chatter turned bullish, but the Crypto Fear & Greed Index tracking wider market sentiment remains at “Extreme Fear.”
Block shares tumble after-hours on Q3 earnings miss
Block Inc.’s third-quarter earnings missed analyst expectations on the top and bottom lines despite strong profit growth in its Cash App and Square businesses.