- Stretched positioning and Japanese institutional activity could cap gains in the yen, paving the way for a bounce in Nasdaq and bitcoin.
- The latest version of the bill expands the role of states in regulating stablecoins and proposes new transparency as well as enforcement requirements
- Large movement of coins to exchanges often breeds price volatility.
- The guidance may foreshadow a reappraisal of the Howey Test, which the SEC has recently used in its attempts to regulate cryptocurrencies through litigation, say Jason Mendro, Matt Gregory and Nick Harper, attorneys at Gibson Dunn.
- Falling ETH prices also threaten other DeFi loans, with potential liquidations that could further impact the token's price.
- El Salvador had previously entered an agreement with Argentina.
- The securities regulator's long-delayed rule expanding the scope of regulated exchanges shouldn't have tried to include crypto, Mark Uyeda argues.
- Futures expiring on Friday have slipped into a discount, reflecting demand weakness.
- Bitcoin perpetual funding rates turned slightly negative, reaching an annualized rate of -2%.
- The exchange is also working on launching perpetual-style futures in the U.S. with long-dated expirations.
- Despite the decline in assets under management, cryptocurrency prices remain above pre-election levels.
- The price action came as the Nasdaq and S&P 500 stock indexes fell sharply early Monday as Trump failed to quell worries about a recession.
- The mainnet launches with over $233 million worth of BTC, ETH and native asset MOVE in liquidity raised through Movement's Cornucopia program
- The new law will go into effect on April 1, 2025.
- Bitcoin is the real winner as it is exclusively being treated as a reserve asset, the report said.
- Crypto has sometimes struggled for real users. AI might finally provide them. Startups should get ready, says Jasper De Maere, Head of Research, Outlier Ventures.
- Chainlink (LINK) fell 14.3% and NEAR Protocol (NEAR) dropped 12.5%, leading the index lower.
- The proposed REX-Osprey MOVE ETF would invest at least 80% of its assets in MOVE or related instruments.
- Previously, only bitcoin (BTC), ethereum (ETH), XRP, stellar (XLM) and certain tokens used in the Bank of Thailand’s settlement system were approved.
- A move below the said support would trigger a major bearish reversal pattern, the price chart shows.