Ethereum price continues to weaken as long-term holders sell at their fastest pace since 2021, putting steady pressure on ETH market sentiment. Summary Ethereum price is sliding as long-term holders increase daily sell pressure Futures data from CryptoQuant shows net taker volume is still negative, suggesting buyers have not regained control. Technical indicators and moving…
Bitcoin price is hovering around $97,000 as heavy exchange-traded fund outflows deepen market pressure. Summary Bitcoin faces sharp outflows and rising U.S.-driven sell pressure. ETF redemptions accelerate as institutions de-risk into year-end. Technical signals lean bearish with key support now under stress. Bitcoin is trading at $97,527 at press time, down 5.5% in the past…
Bitfarms will shut down its Bitcoin mining operations over the next two years and gradually convert them into AI-focused high-performance computing data centers. Summary Bitfarms will shut down its Bitcoin mining operations by 2027 and convert its sites into AI-focused data centers. The Washington site will support up to 190 kilowatts per rack using Nvidia…
The crypto market extended its downturn for a third straight day on Friday, Nov. 14, weighed down by mounting macroeconomic headwinds and Bitcoin’s drop below the $100k psychological support level. Summary The crypto market has shed $130 billion in value over the past 24 hours. Investor demand for cryptocurrencies remains muted amid macro uncertainty in…
As governments race to modernize their financial infrastructure, blockchain is shifting from a private-sector experiment to a national priority. From stablecoins to digital identity systems, countries across Asia, Africa, and the Middle East are adopting tokenized assets at speed—driven in part by fears that U.S. regulatory shifts could leave them behind. At the center of…
Seismic has raised $10 million in a round led by a16z to break the privacy barrier that’s kept fintechs from using public blockchains for sensitive services like private credit and cash accounts. Announced Nov. 12 by founder Lyron Co Ting Keh, the funding—joined by Polychain, dao5, Amber Group, TrueBridge Capital, and LayerZero Labs—brings the startup’s…
Asset tokenization—the process of putting real-world assets like company shares, real estate, and legal documents on the blockchain—is gaining quiet but consequential momentum. The promise is big: faster transfers, fewer intermediaries, and wider global access. But while the tech races ahead, governments are still struggling to keep pace. In many developing countries, ownership is still…
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…
