According to recent data, institutional interest in Bitcoin has sharply and unexpectedly increased. According to SoSoValue, Bitcoin spot ETFs saw net inflows of over $523 million over the past day. As Bitcoin attempts to regain its footing above the $104,000 mark, this represents one of the biggest single-day inflows in weeks and may indicate that
Corporate digital asset deployment stayed muted week-over-week as deleveraging continued, but investment bank B. Riley said selling pressure eased amid optimism an end to the U.S. government shutdown would lift sentiment. Despite compressed market net asset values (mNAVs), buy-rated BitMine Immersion Technologies (BMNR) led accumulation, adding roughly $360 million in ether ETH$3,543.88, the bank said
October, a month of historically high prices, saw one of the biggest crashes in history. Bitcoin (BTC) and altcoins experienced a major crash on October 11th, with Bitcoin closing the month down 3.6%, according to data. While bullish expectations remain for November, known as another bullish month, a new report has arrived from Morgan Stanley.
The cryptocurrency market had a bearish Tuesday but is now turning the tide, with major coins and tokens currently in the green. Bitcoin, the leading cryptocurrency by market cap, is down by less than 1% in the last 24 hours and is set to reclaim the $105k level if the recovery continues. With Bitcoin recovering,
Federal Reserve Governor Michael Barr said that artificial intelligence has the potential to transform economies, but in doing so, yield different outcomes. While speaking at the Singapore FinTech Festival, the Fed governor highlighted that the adoption of AI algorithms could augment existing roles and tasks, while also causing radical changes in leisure and work to
Your foundation describes Session as “designed to protect privacy, robustness through decentralization, and choice through interoperability.” Can you walk us through the core architectural decisions that make Session resilient to government blocks and centralized outages? Session is built from the ground up to avoid single points of failure. Rather than sending messages through a single
Russia’s central bank-issued digital ruble has been proposed for salary payments, but state officials insist incomes in the new digital currency are not deemed mandatory. According to the country’s Ministry of Finance, Russia’s CBDC program began in 2021 and was formalized through a legislative change two years later. Speaking to reporters in a press briefing,
Bitcoin (BTC) may have just formed the most paradoxical bullish setup of the cycle — one that appears unfavorable at first glance, but behind the scenes of the price chart, it resets the entire underlying structure. A popular trader known as DonAlt, who correctly predicted the March 2023 bottom and XRP’s 700% rally in 2024,
Phantom Wallet CEO Brandon Millman recently shared on the Empire Podcast that the company has no plans to launch its own blockchain or pursue an IPO. Instead, Phantom will stay focused on the Solana ecosystem and continue building user-friendly products for everyday crypto users. On the Empire podcast, Phantom Wallet CEO Brandon Millman said the
Mercado Bitcoin is diving into a strategy that prioritizes Lisbon as its European operational hub. The company has announced the launch of MB One Internacional and a commitment of €50 million to accelerate its expansion in Europe. Summary Mercado Bitcoin: What Does It Plan to Build in Portugal? What are the main revenue sources for