Treasury yields, Federal Reserve policy, have put pressure on risk assets, including Bitcoin, during the government shutdown. Summary Bitcoin crashed below $100,000, despite positive news on the government shutdown Counterintuitively, the increased confidence in the U.S. government hurt Bitcoin Treasury yields and a dovish Federal Reserve undercut risk assets The longest government shutdown in U.S….
Cardano price fell nearly 5% to trade at $0.52, putting bulls under pressure near the key level of $0.50 amid a broader altcoin market downturn. Summary Cardano dropped to near $0.50 as Bitcoin dipped below $100,000. Stocks also fell, with sentiment hit despite end of the U.S. government shutdown. ADA price hit lows of $0.27…
Solana price faces downside pressure as a bearish engulfing candle at the $167 resistance signals weakening momentum and risks a breakdown toward lower support levels. Summary Bearish engulfing candle at $167 confirms strong resistance. $146 support is weakening after multiple retests with little bounce. Breakdown below $146 could trigger a swift drop toward $112. Solana’s…
The Czech National Bank, the central bank of the Czech Republic, has established a $1 million digital asset portfolio pilot, with plans to hold Bitcoin, a stablecoin, and a tokenized asset. Summary Czech National Bank makes historic first Bitcoin buy by a central bank. The CNB has purchased $1 million for its digital asset test…
XRP price is failing to reclaim the 200-day moving average, showing clear signs of buyer exhaustion as weakness builds and downside risk toward the $2.20 support continues to grow. Summary XRP repeatedly fails to reclaim the 200 MA, confirming ongoing weakness. Low-volume bounce suggests sellers remain in control near $2.72 resistance. Downside risk elevated, with…
WLFI expands the reach of its USD1 stablecoin by deploying it on AB Chain, an integration aimed at leveraging the network’s high throughput for faster settlements and deeper DeFi liquidity. Summary WLFI deployed its USD1 stablecoin on AB Chain to enhance settlement speed and DeFi liquidity. USD1, launched in March, is fully backed 1:1 by…
Pi Network price holds steady at $0.21 support, showing early signs of accumulation as sellers lose control and momentum shifts toward potential bullish expansion. Summary Pi Network holds firm above key $0.21 support. Early signs of accumulation and volume recovery visible. A confirmed higher low could trigger a bullish reversal. If the $0.21 support level…
U.S. crypto stocks are beginning to find stability as the crypto market transitions into a calm phase after a long period of volatility. Summary U.S. crypto stocks edge higher in pre-market trading, led by SharpLink Gaming (SBET) up 3.28% and Bitmine Immersion (BMNR) up 2.19%, signaling a return of investor confidence. Major firms show modest…
Japanese Bitcoin treasury firm Metaplanet records profits in Q3 despite ongoing market volatility. Summary Metaplanet reports 12.7 billion yen net profit and 94% revenue growth in Q3. The company’s net assets jumped 165% to 532.9 billion yen, signaling major financial expansion. Metaplanet currently holds over 30,823 BTC. Metaplanet Inc., Asia’s largest Bitcoin treasury firm, has…
Taiwan’s central bank has reportedly agreed to study Bitcoin as a strategic reserve as well as draft pro-Bitcoin regulations and start a BTC treasury using seized BTC. Summary Taiwanese legislator Dr. Ko Ju-chun announced that the Executive Yuan and central bank will explore adding Bitcoin to Taiwan’s national strategic reserves, potentially making it the first…
