Tag: Crypto

Bitcoin’s recent price drop has attracted strong buying interest from retail investors, but market data suggests the correction may not be over yet. According to blockchain analytics platform Santiment, large Bitcoin holders have started taking profits while smaller investors continue accumulating, a pattern that has historically preceded further price declines. At the time of writing,…

Strategic Bet on Tokenized Finance Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), has made a strategic investment in crypto exchange OKX, valuing the platform at approximately $25 billion. As part of the deal, ICE will also take a seat on OKX’s board, signaling a deeper commitment to the rapidly…

Bitcoin’s recent surge toward $74,000 has triggered massive liquidations in the crypto market, wiping out a large number of bearish positions. Analysts say the move has shifted market momentum back in favor of buyers, though some expect a temporary dip before the next phase of the rally. The latest market movement pushed the price of…

The European Central Bank has cautioned that the growing use of stablecoins could weaken bank lending and complicate the transmission of monetary policy across the euro area. In a newly released working paper titled “Stablecoins and Monetary Policy Transmission,” ECB staff said that rising interest in digital tokens pegged to currencies such as the US…

Crypto investment products have bounced back strongly, recording $1 billion in inflows last week after shedding nearly $4 billion over the previous five weeks. The turnaround marks the first weekly inflow since January and signals renewed investor interest following a prolonged period of selling pressure. According to data from CoinShares, crypto exchange-traded products attracted significant…

Majority of Blocks Carried Out Since 2023 Stablecoin issuer Tether has frozen about $4.2 billion worth of its USDt tokens over the past three years, citing links to suspected criminal activity. The company disclosed the figure in comments to Reuters, noting that most of the restrictions were imposed from 2023 onward as global authorities stepped…