Sellers have seized the initiative as the prices of the top cryptocurrencies keep going down, according to CoinStats. BTC/USD The rate of Bitcoin (BTC) has declined by 4.54% over the last 24 hours. On the hourly chart, the price of BTC has broken the local support of $107,948. Until the rate is below that mark,
The crypto industry’s onchain economy has entered a new phase, one driven by fees, users and real demand rather than just price speculation, according to a sweeping new study from venture firm 1kx. The firm’s Onchain Revenue Report (H1 2025) aggregated verified onchain data across more than 1,200 protocols, tracking how value actually moves through
Bitcoin price crashed for the fourth consecutive day, reaching its lowest level since Oct. 23 after the Federal Reserve delivered its second consecutive interest rate cuts and Donald Trump reached a trade deal with Xi Jinping. Summary Bitcoin price crashed after the Federal Reserve slashed interest rates. The interest rate decision was more hawkish than
Key Takeaways Core Scientific shareholders voted against the merger with CoreWeave. Proxy advisors advised voting down the deal due to undervaluation concerns. Core Scientific shareholders today rejected the proposed merger with CoreWeave, an AI-focused cloud computing provider, blocking the takeover deal between the Bitcoin mining and data center operator and the high-performance computing infrastructure company.
In a bold move signaling a strong commitment to the future of digital finance, Nasdaq-listed SEGG Media (SEGG) has announced a substantial Web3 investment program. This ambitious initiative, valued at $300 million, is set to significantly impact the cryptocurrency and tokenization landscape. For those following the evolution of blockchain technology, this strategic allocation marks a
A string of stablecoin projects has begun to shake up Japan’s digital money ecosystem. It quietly opened the door to yen-pegged stablecoins this month. But these won’t replace cash at the local supermarket. Instead, they are being built in the quieter corners of the finance world. Japan’s payments market is flush with cashless options, which
The race to acquire blockchain infrastructure is picking up speed, according to U.S. bank Citizens. Citizens said it expects the pace of mergers and acquisitions across digital assets to accelerate from here in a new research report. The analysts noted that the digital-asset industry’s technical complexity, talent shortages, and stringent compliance demands make acquisitions the
Cryptocurrencies and crypto-related stocks opened lower Thursday as the Fed’s surprisingly hawkish turn Wednesday outweighed solid progress on the Chinese trade front. Presidents Trump and Xi met overnight and Treasury Secretary Scott Bessent Thursday morning said the U.S. government is pausing plans to expand a blacklist of Chinese companies. He also touted an agreement for
The US Federal Reserve (FED) announced its critical interest rate decision last night. While the 25 basis point cut was in line with expectations, FED Chair Jerome Powell maintained a hawkish stance. Powell said most Fed officials want to delay rate cuts. He noted that after two consecutive rate cuts, some members are inclined to