The US Strategic Bitcoin Reserve proposal remains a significant development despite renewed concerns about a potential recession, according to analysts at K33 Research. While some market participants see President Donald Trump’s latest executive order as overshadowed by economic uncertainty, K33 analysts insist the initiative is far from insignificant. K33 Head of Research Vetle Lunde and…
The cryptocurrency market in 2025 is absolutely buzzing with excitement. With new developments, innovative ideas, and massive changes happening all around the industry, it’s hard to keep up. But if you’re in the know, then you’ll be aware that certain cryptocurrencies are showing strong signs of making a splash this year. While some coins may…
OKX says it’s set to expand its institutional offering in Europe after it secured the Markets in Financial Instruments Directive license. The crypto exchange’s Europe arm gets the license following the acquisition of a Malta-licensed firm that has the Markets in Financial Instruments Directive II license. The entity, per the announcement, will launch its operations…
Kaspa (KAS) surged over 23% in 24 hours, rising from $0.06106 to an intraday high of $0.07507 before slight retracement. Kaspa’s recovery is fueled by its CoinMarketCap listing and Crescendo testnet success. After hitting a nearly two-year low, Kaspa (KAS) saw a sharp recovery in the past 24 hours, soaring over 23% from its low…
OKX crypto exchange has acquired a Markets in Financial Instruments Directive (MiFID II) license by acquiring a Malta-licensed entity. This move allows the company to introduce regulated derivative products and services for institutional clients across the European Economic Area (EEA), pending Malta Financial Services Authority (MFSA) approval. The regulation news was made during an exclusive…
Indian authorities confirmed the arrest of Garantex co-founder Aleksej Besciokov, a Lithuanian national wanted by the US for allegedly laundering billions through the crypto exchange. Police apprehended Besciokov in Kerala’s coastal town of Varkala while he was vacationing with his family. Besciokov is accused of operating an unlicensed money-transmitting business and conspiring to commit money laundering….
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. After a tough several weeks, today is a happier day on Wall Street. February’s inflation print gave stocks a surprising but welcome boost this morning after prices last month rose less than expected. The Consumer Price Index showed prices increased 2.8%…
The last few years have seen the US stock market continue to embrace the growth of artificial intelligence. With this technology becoming the backbone of the tech sector, it has played a major role on Wall Street. This led many to wonder what Amazon’s (AMZN) AI startup reaching $1.4 billion in revenue means for the…
Coinbase is listing Aethir, the DePIN “GPU-as-a-service” network, prompting an 8% price spike in its ATH token. The DePIN industry is performing generally well, but broader market conditions look bearish. Coinbase passed up the chance to list ATH in June 2024, and the token has peaked and crashed two times since. Aethir’s price has been…
After weeks of downturns on Tesla J.P. Morgan has lowered its price target on Tesla’s stock. This is mainly because the company thinks that fewer cars will be delivered for the second year in a row. Analysts also say that current and possibly new customers are feeling differently about the electric vehicle maker. JP Morgan…
Indian Web3 startups saw significant growth in investment activity in 2024, raising $564 million, a substantial increase from the previous year. India now boasts the fastest-growing developer community and is projected to surpass the U.S. by 2028. Funding Still Below 2022 Peak In 2024, Indian Web3 startups raised $564 million, up from $270 million in…
The latest bearish crypto prices have no doubt had a massive impact on investor balances. Heavy liquidations and losses have been the order of the day for investors going long. Market analysts have been waiting to see whether Ethereum will bounce back especially as sentiment shows signs of improvement. One particular incident may offer further…
– Advertisement – Solana’s economic value drops 90%, driven by declining meme coin activity and lower trading volumes, signaling potential further declines. Technical indicators show a bearish trend for Solana, with key support levels tested and RSI signaling oversold conditions. Solana (SOL) has recently witnessed a drop in its economic value, declining by 90% from…
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The latest US core Consumer Price Index (CPI) print, a measure of inflation, came in lower than expected at 3.1%, beating expectations of 3.2%, with a corresponding 0.1% drop in headline inflation figures. According to Matt Mena, crypto research strategist at 21Shares, the cooling inflation data adds to the likelihood that the Federal Reserve will…
Ethereum Layer-2 Starknet has announced plans to launch a Bitcoin L2 to unify the two biggest blockchain ecosystems. In a post on X, Starknet added that it will become the first L2 to settle on both networks. According to Starknet, this move is necessary to unlock new DeFi opportunities and use Bitcoin liquidity. Bitcoin is…
Wednesday’s Consumer Price Index report has provided much-needed respite to US stocks and the crypto market. The headline CPI dropped to 2.8% year-over-year, below the expected 2.9%, while core CPI came in at 3.1%, missing the 3.2% forecast. This marks the first time since July 2024 that both metrics have softened more than expected, suggesting…
zondacrypto enters the Swiss market with a strong impact, expanding its sports sponsorship portfolio to a new discipline – ice hockey. The leading cryptocurrency exchange in Central and Eastern Europe has become a partner of HC Davos, the 31-time Swiss champion, as well as the title sponsor of the club’s hockey arena, which is now…
Bitcoin demonstrates a market pattern in its current cycle that replicates the patterns from 2017 and 2020 by forming a “Cup and Handle” pattern before previous major price increases. Strong bullish trends commonly start after support levels have hit their retest points, according to analysts. Bitcoin’s return to low RSI Bollinger Band levels suggests a…
Pi Network’s market capitalization has surged by approximately 23% today, driven by growing anticipation for the upcoming Pi Day celebrations. This surge reflects a positive outlook on the project’s trajectory, alongside a notable increase in trading volume, which appears to bolster user confidence. What Are Current Trading Figures for Pi Coin?Will Pi Coin Continue to…