The crypto market slid down 2% on Thursday as traders booked in profits and market sentiment took a hit. Summary The crypto market cap dropped 2% to $3.2 trillion on Thursday as Bitcoin, Ethereum, and other major crypto assets slid lower. Outflows from crypto ETFs and large-scale selling from crypto miners have kept investor appetite…
XRP price is pulling back after a strong move higher, with price now testing whether buyers can defend the $2.00 area as large on-chain transfers increase. Summary XRP slipped to $2.14 after a strong rally, with trading and derivatives volumes declining as traders reduce exposure. Whale transactions on the XRP Ledger surged to a three-month…
Babylon is positioning Bitcoin for a larger role in on-chain finance as new capital backs its shift beyond staking. Summary a16z Crypto invested $15M in Babylon through a BABY token purchase. Babylon is expanding from Bitcoin staking into trustless BTC lending. The protocol aims to unlock idle Bitcoin for DeFi without bridges or custodians. The…
Bitmine appears to be expanding its Ethereum staking footprint as part of its evolving treasury strategy. Summary Bitmine staked 19,200 ETH worth about $60M, lifting total staked ETH to $2.62B. The firm now controls over 4 million ETH, the largest known corporate ETH treasury. Staking activity supports Bitmine’s planned U.S.-based validator network launch in 2026….
Wyoming has quietly taken a step that could reshape how U.S. states interact with digital dollars. Summary Wyoming launched FRNT, the first state-issued stablecoin in the U.S. The token runs on Solana with multi-chain support and reserves managed by Franklin Templeton. Interest from reserves funds public schools, while adoption and volume remain key unknowns. Wyoming…
Bitcoin’s early 2026 surge hit a speed bump Wednesday, slipping to below $90,700 as U.S. spot Bitcoin ETFs recorded $243 million in net outflows, ending a two-day $1.16 billion inflow streak. Summary Fidelity’s Bitcoin ETF led redemptions with $312 million exiting, followed by Grayscale’s main and Mini Trusts totaling $116 million. Ark & 21Shares and…
Ethereum price has confirmed a bearish failed auction near $3,300, signaling acceptance below resistance and increasing the risk of a deeper corrective move toward lower support. Summary $3,300 rejection confirms a failed auction and bull trap. Acceptance below resistance increases downside risk. $2,680 emerges as the next key support to watch. Ethereum (ETH) price is…
JPMorgan Chase is taking another step toward making digital money work inside mainstream finance, announcing plans to issue its JPM Coin directly on the Canton Network, a blockchain designed to let large institutions move money quickly without exposing sensitive data. Summary The collaboration would allow JPM Coin—a digital representation of U.S. dollar deposits held at…
Bitcoin price is stalling at key resistance, and repeated rejections combined with weak momentum keep price range-bound, with $80,000 emerging as the key downside level. Summary Bitcoin continues to reject key resistance near recent highs. Weak bullish volume suggests the rally lacks conviction. A confirmed rejection could trigger a rotation toward $80,000 support. Bitcoin (BTC)…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. During the dot-com boom in the late 1990s, the stock market resembled a free-for-all where investors — both retail and institutional — were scrambling to buy up shares of just about any…
