Uncategorized

Bitcoin Recovery Faces Resistance Near $78K

Key takeaways: Derivatives and onchain data show a lack of bullish conviction, as 43% of Bitcoin holders remain at a loss despite recent price gains. Surging AI energy demand is squeezing miner profits to record lows, forcing major listed firms to offload BTC and pivot to computing. Traders face a psychological hurdle at $76,000, the

Western Union, Crossmint Launch USDPT Stablecoin on Solana

Crossmint has partnered with Western Union to support the launch of the remittance company’s USDPT stablecoin and its new Digital Asset Network on the Solana blockchain.  Wednesday’s announcement said the collaboration will integrate Crossmint’s wallet and payment APIs with Western Union’s infrastructure, allowing fintech platforms to move funds using the stablecoin and connect to Western

Trump Nominates Kevin Warsh, a Bitcoin Supporter, as Fed Chair

The US Senate will soon vote on President Donald Trump’s nominee to head the US Federal Reserve after he picked Kevin Warsh, who has previously expressed pro-Bitcoin views, to replace Fed Chair Jerome Powell. In a Wednesday notice, the White House said that Trump had sent Warsh’s nomination to the Senate to be chair of

Scotiabank, 3iQ Launch Multi-Crypto ETF DXMC

The bank's asset manager and 3iQ debut an actively managed crypto ETF to Canadian investors, offering exposure to Bitcoin, Ether, Solana and XRP at a competitive 0.25% fee. Scotiabank, one of Canada’s top-five banks by assets, has launched a new cryptocurrency exchange-traded fund in partnership with digital asset manager 3iQ, highlighting growing institutional adoption in

Bitcoin Tops $70K — What Will Keep the Breakout Alive?

Bitcoin (BTC) is up 8% on Wednesday to trade above $73,000, a level that has stopped every recovery attempt over the last three weeks. Analysts reveal why Bitcoin must hold $70,000 to secure the recovery. Key takeaways: Profit-taking on rallies to $70,000 must cool down for a sustained breakout in BTC price.  Bitcoin must hold

DAT Inflows Fall to Lowest Since October 2024

Monthly digital asset treasury inflows were dominated by Bitcoin, except for August and September 2025, according to data from DefiLlama. Monthly inflows into digital asset treasury (DAT) companies have slowed to about $555 million, the lowest levels since October 2024, the month before the 2024 US election pump, according to data from DefiLlama. Inflows into

Trump Met Coinbase CEO Before Criticizing Banks Over Crypto Bill

US President Donald Trump reportedly met with Coinbase CEO Brian Armstrong just hours before issuing a statement criticizing banks for holding a market structure bill “hostage.” According to a Tuesday Politico report, Trump met privately with Armstrong after a group of Coinbase representatives went to the White House. The details of the reported meeting were

Tradeweb Leads $31M in Crossover Markets Series B

Electronic trading company Tradeweb has led a $31 million Series B funding round in institutional crypto trading platform Crossover Markets, valuing the company at $200 million. The round included participation from DRW Venture Capital, Ripple, Virtu Financial, Wintermute Ventures, Illuminate Financial and XTX Markets. According to Wednesday’s announcement, the deal also includes a strategic partnership

Bitcoin Tops $74K; Altcoins Eye Key Resistance Levels

Key points: Bitcoin’s strong recovery above $74,000, backed by solid inflows into the US spot Bitcoin ETFs, suggests the formation of a short-term bottom. Several major altcoins are attempting to take part in the recovery by rising above their overhead resistance levels. Bitcoin (BTC) bulls made a strong comeback on Wednesday by pushing the price

MEXC Adds New Tokenized U.S. Stocks via Ondo Finance

Crypto exchange MEXC has expanded its tokenized equities offering through its partnership with Ondo Finance, listing new onchain representations of US stocks that trade against Tether on its platform. According to company announcements this week, the expansion includes 17 newly listed tokenized stock pairs and seven additional tokens tied to US defense and energy companies.
back to top