Bitcoin’s slide to $84,000 is being driven less by mood and more by mechanics, according to Greg Cipolaro, Global Head of Research at NYDIG. In a report, Cipolaro said the core engines of the 2024–25 rally have shifted into reverse. Spot bitcoin ETFs, once the primary source of demand for the cycle, now exhibit persistent
Bitcoin has spent several days under heavy selling pressure, dropping to the $85,000 zone before attempting a modest recovery. The drawdown has shaken market confidence, but the intensity of capitulation now emerging from Bitcoin holders suggests the market may be forming a bottom. The price is stabilizing around a key psychological level, but this stabilization
Cryptocurrency investment giant Grayscale is launching XRP and Dogecoin exchange-traded funds (ETFs) on the New York Stock Exchange (NYSE) tomorrow. While the US Securities and Exchange Commission (SEC) shared its approval for the XRP ETF in its announcement dated November 21, it also gave the green light to the DOGE ETF in a separate notice
COTI, a well-known blockchain payment entity, has officially collaborated with MyEtherWallet (MEW), a free, non-custodial, and open-source wallet. The partnership intends to enhance privacy to facilitate consumers utilizing MyEtherWallet and its multi-chain wallet, Enkrypt. As mentioned in COTI’s official announcement, the main purpose of this joint effort is to integrate cutting-edge on-chain privacy attributes to
A layer-1, or L1, blockchain is the base network of a blockchain ecosystem. It operates independently—without relying on other chains for validation or execution—and handles everything from transaction processing to consensus and data storage on its own ledger. Often called the mainnet or settlement layer, a layer-1 blockchain forms the ground floor upon which all
Robbie Mitchnick, Head of Digital Assets at BlackRock, the world’s largest asset management company, evaluated the role of Bitcoin (BTC) in global portfolios and the historical success of spot ETFs. Mitchnick highlighted the growing importance of Bitcoin as “digital gold” and explained how the perspective of institutional investors has changed. BlackRock executive Robbie Mitchnick made
As global markets continue to absorb the prospect of new U.S. trade barriers, central bank officials in Europe and Asia warn that the volatility they create in the bond markets could expose another hidden risk. Similar to Lehman Brothers’ 2008 debacle, which triggered a $600 billion money-market fund run, forced the sale of commercial paper,
As real-world asset (RWA) tokenization surges, the crypto industry is entering unfamiliar territory, bringing traditional equities, private credit, and commercial paper onchain and uncovering potential critical risks along the way. Marcin Kaźmierczak, co-founder of oracle provider RedStone, says a risk is potentially being overlooked: the weekend gap, where crypto trades 24/7, while Wall Street does
Tilted, an AI-powered platform for gaming economies, has excitedly announced its collaboration with Zetarium, a decentralized infrastructure for scalable and secure Web3 growth. The objective of this partnership is to merge AI-powered digital labor with decentralized staking and token utility for creating a smarter Web3 economy. 🚀 Tilted x Zetarium is live — building the