Gold hit a new record high Tuesday, while billions exited major crypto exchanges. Futures briefly crossed $4,200 per ounce before closing at $4,197.6 in New York trading Tuesday, according to data from CME Group. Trade publication The Kobeissi Letter characterized the turn as “the first time in history” that gold has crossed the mark, noting
A wallet associated with LuBian, a significant Bitcoin mining pool that was hacked in December 2020, moved BTC on Wednesday, ending three years of dormancy. The wallet labelled as “39DUz” moved 9,757 BTC, worth $1.1 billion, to two new addresses, “34kn9z…s9tef” and “bc1q4c…77s0,” respectively, according to analytics firms Peckshield and Lookonchain. It remains unclear whether
175-year-old French banking giant ODDO BHF, which manages over €150 billion ($173 billion) in assets, is entering the crypto space with the launch of a euro-backed stablecoin dubbed EUROD. The token is set to be listed on Madrid-based crypto platform Bit2Me, one of the largest exchanges in the Spanish-speaking world that’s backed by telecom giant
Taiwanese stablecoin infrastructure company OwlTing will commence trading on the Nasdaq Global Market on Thursday, marking its debut as one of the first Asian blockchain firms to list directly on a major U.S. exchange. The company’s Class A common shares are expected to begin trading on October 16, under the ticker symbol OWLS. “The Nasdaq
International Monetary Fund (IMF) Managing Director Kristalina Georgieva said that countries should “accept the reality” of rapid developments in cryptocurrencies. Georgieva argued that financial systems should adapt to this transformation rather than resist it and manage risks. The IMF issued significant warnings to central banks in its latest assessment. The institution emphasized the need to
Volatility Shares has made a new regulatory filing that could reshape how traders gain exposure to major cryptocurrencies like Bitcoin, Ethereum, and Solana. Summary Volatility Shares filed for 5x leveraged ETFs on BTC, ETH, and SOL. The SEC has yet to clear 3x products, making approval uncertain. Funds could debut in early 2026 if filings
The crypto market turned red after a new tariff threat from President Trump. Trump threatened to halt cooking oil imports from China over soybean purchases. Bitcoin fell 2.4 percent and Ether dropped 3.3 percent within an hour of the post. A single social media post has once again sent a jolt of fear through the
Gold and silver are flashing breakout signals as surging demand, tightening supply, and mounting fears over U.S. monetary instability drive investors to hard assets, echoing warnings from economist Peter Schiff of a looming dollar reckoning. Gold and Silver Poised for Breakout Amid Fears of Dollar Collapse Investor fears over monetary instability are reigniting interest in
A historic wave of crypto liquidations wiped out billions across leveraged positions as markets reeled from a global macro shock, but Galaxy projects a smarter, leaner market ahead—driven by reduced leverage, stronger risk controls, and long-term structural resilience. Galaxy Reacts as Historic Crypto Liquidation Wave Rocks Markets A massive wave of forced liquidations has shaken
Hydra Network, a layer-1 blockchain protocol for high scalability and smart contracts functionality, has announced its strategic partnership with DeAgentAI. DeAgentAI is a prominent infrastructure for autonomous AI agents. The core purpose of this collaboration is to make artificial intelligent (AI) smarter, safer, decentralized, and accessible to users. 🤝 Partnership Announcement 🤝 We’re excited to