Key takeaways: Bitcoin’s entity-adjusted dormancy flow dropped below 250,000, a historical buy zone. The short-term holder NUPL turned negative, indicating seller exhaustion. Bitcoin’s V-shaped and double-bottom chart patterns suggest a potential rise to $118,000-$124,500 in the short term. Bitcoin (BTC) price traded 5% above its local low of $108,650, with three indicators suggesting that this…
Chainlink said it developed a technical process allowing banks to interact with tokenized investment funds through Swift, the interbank messaging system that underpins much of traditional finance. In a pilot with UBS, Chainlink’s Runtime Environment (CRE) processed subscriptions and redemptions for a tokenized fund using ISO 20022 messages, the international standard for financial messaging used…
A crypto startup, DoubleZero, has received a rare “no-action” letter from the U.S. Securities and Exchange Commission, affirming that its 2Z token is not a security. This is a breakthrough for the company, representing a more favorable approach by regulators to utility-based digital assets. SEC decision boosts confidence in crypto projects The consent confirms that…
As blockchain technology evolves, cross-chain infrastructure has become a key component in addressing scalability, cost, and interoperability challenges. Layer 2 solutions, bridges, and governance structures promise efficiency and innovation but also raise complex regulatory questions. The regulatory framework for such technical infrastructure remains uncertain, particularly in the European Union under MiCA (Markets in Crypto-Assets Regulation)….
The possibility of a U.S.-listed Solana exchange-traded fund (ETF) has moved from speculation to near certainty, according to Bloomberg senior… For the full story, head over to TheCurrencyAnalytics.com.
Advertisment BitMine now owns greater than 2% of the ETH token supply as it moves towards the ‘Alchemy of 5%’ BitMine leads Crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock BitMine Crypto + Cash Holdings + “Moonshots” total $11.6 billion, including…
A first-of-its-kind study into the factors that influence Ethereum perception and momentum has found that psychology plays just as crucial a role as any other. The results of “Project Mirror,” a deep dive into perceptions of Ethereum commissioned by Optimism and Espresso, were shared by the Ethereum Foundation (EF) on Monday. WE3.co Researchers Valeria Salazar…
SINGAPORE — SEC Commissioner Hester Peirce said Tuesday that the regulator is open to engaging with industry participants on tokenizing products, while emphasising the complexity of how these tokenized assets interact with their traditional counterparts. “We are willing to work with people who want to tokenize, we urge them to come talk to us,” Peirce…
Founder and CEO of Telegram, Pavel Durov, has reportedly claimed that French intelligence services asked him to censor some Telegram channels for the Moldovan government. Durov, who was incarcerated at the time in Paris, claimed they asked him to assist in that regard ahead of the 2024 presidential elections in Moldova. France has vehemently denied…
The lower chamber of Poland’s parliament voted to advance Bill 1424, otherwise known as the Crypto-Asset Market Act. Crypto advocates in the legislature heavily criticized the restrictive and harsh provisions of the bill. Poland’s Sejm, the lower house of the country’s parliament, reportedly advanced the Crypto-Asset Market Act. However, the stringent licensing and penalties sparked…
