MEXC exchange has launched Smart Candles, an AI-powered tool that analyzes price charts, joining a growing wave of platforms adopting AI to assist traders with market analysis. Summary MEXC’s Smart Candles provides traders with AI-powered insights, including analysis of candlestick charts and news headlines. MEXC’s Smart Candles is a welcome addition to the growing range of AI-powered trading…
Subdued trends continue to define Ethereum ETF flows as investors react to shifting market sentiment. Summary Ethereum ETFs post sixth straight day of outflows, totaling over $938 million, with BlackRock’s ETHA leading withdrawals. ETH trades near $3,388, down 14% for the week, as price action mirrors declining ETF inflows and weakening investor sentiment. Whales accumulate…
President Donald Trump wants to transform the U.S into a ‘Bitcoin superpower’. He believes that harnessing the crypto industry is the key to beating China and other countries. Summary President Trump vows to make the United States a “Bitcoin superpower” as well as the crypto capital of the world, in hopes of dominating the global…
SAPIEN skyrocketed more than 100% in the past 24 hours after being featured in Binance’s HODLer Airdrop and confirmed for a spot listing on the exchange. Summary SAPIEN surged over 100% after being featured in Binance’s HODLer Airdrop program and announced for a subsequent spot listing on the exchange. The Binance debut adds to Sapien’s…
Zcash price has surpassed the $500 psychological barrier for the first time since January 2018, after rallying nearly 250% over the past month as privacy coins continue to attract investor demand. Summary Zcash price has surged by over 250% in the past month. Shielded ZEC tokens now account for 30% of the total Zcash supply….
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Despite ostensibly being very different assets, Bitcoin (BTC) and oil share a lot in common. They’re both commodities, for one thing, and are famously hard to extract. Significant work is required to…
Monad is set to launch its high-performance Layer-1 blockchain mainnet on November 24, alongside the token generation event for its native MON token, which will list on Kraken on launch day. Summary Monad leverages parallel transaction execution and superscalar pipelining, supporting up to 10,000 transactions per second with one-second finality, while enabling smart contracts, DeFi…
Signs of cautious trading are emerging as the crypto market reacts to shifting flows among Bitcoin ETFs. Summary Bitcoin ETFs see sixth straight day of outflows, totaling more than $2.05 billion, with BlackRock’s IBIT leading the withdrawals. Bitcoin trades around $103,000, recovering from a dip below $99,000 but still facing weak demand and muted sentiment….
Switzerland has launched a public consultation for stablecoins through a proposal that introduces a new regulatory framework for issuers under FINMA oversight. Summary Switzerland has opened a public consultation for a new stablecoin licensing framework under FINMA oversight. Industry experts believe stablecoins could strengthen the Swiss franc. Swiss regulators published the proposal on Oct. 22,…
Technicals for Chainlink have turned largely bearish as whales continue to offload their holdings to lock in profits. Summary Chainlink price is down 16% over the past week. Whale selloffs have played a major role in LINK’s recent losses. The token’s price action appears to be nearing a bearish breakout from a symmetrical triangle. According…
