Since the outbreak of the war with Iran on Feb. 28, bitcoin has started to diverge from software equities, with the iShares Expanded Tech-Software Sector ETF (IGV), serving as a useful proxy for the sector. Bitcoin has been one of the strongest-performing assets during this period, rising more than 5% and trading back above $69,000,
U.S. stocks posted modest gains Monday as investors tracked ceasefire talks in the Middle East and waited on President Donald Trump’s Tuesday deadline for Iran to reopen the Strait of Hormuz. Key Takeaways: The S&P 500 gained 0.4% Monday but remains 4% below pre-conflict levels as Iran tensions persist. Trump’s Tuesday deadline for Iran to
More than 80 crypto projects formally shuttered or began winding down in the first quarter of this year. RootData’s “dead-project” archive, which tracks closures, bankruptcies, and chronic project inactivity, logged 86 casualties as of March 20. The pullback has spared almost no corner of the ecosystem, sweeping across digital wallets, $NFT marketplaces, decentralized finance (DeFi)
Abra CEO Bill Barhydt, a seasoned figure in the cryptocurrency world, assessed Bitcoin’s current market state, upcoming macroeconomic developments, and the future of the sector. According to Barhydt, the final “capitulation” phase may not have occurred in the market yet. Bill Barhydt noted that Bitcoin has been trading in a narrow range for some time,
Bitcoin traded around $68,780 on Tuesday as U.S. spot bitcoin ETFs posted their strongest daily inflow in more than a month. Funds added a combined $471 million on April 6, according to SoSoValue data, marking the largest inflow since Feb. 25 and the sixth-biggest daily total this year. The figure remains below January’s peak flow
Crypto analyst Michaël van de Poppe stated in his latest assessment of the Bitcoin market that bullish signals are gaining strength and that a critical breakout level is being approached. According to the analyst, Bitcoin’s current price structure, contrary to previous expectations, makes an upward scenario possible without causing a liquidity accumulation movement below its
Japan’s biggest financial institutions are quietly dismantling the correspondent banking system using stablecoins, and the infrastructure is already live. Key Takeaways: Japan’s Payment Services Act, revised in June 2023 and updated through 2026, created the world’s strictest stablecoin issuer rules. Project Pax, backed by MUFG, SMBC, and Mizuho, targets 1 trillion yen in B2B stablecoin
Bane Labs has released NeoFS Fund Proxy contracts that enable users and applications on the EVM sidechain Neo X to fund NeoFS storage containers without interacting with Neo N3. AxLabs, one of the three teams that make up Bane Labs, also updated its 3vm developer tool to include a live wallet-connected interface for depositing $GAS
Q402, Quack AI’s blockchain payment and settlement entity, has partnered with Stable, a blockchain for stablecoin payments. The partnership aims to unveil a gasless payment platform, removing one of the largest bottlenecks when it comes to scaling AI agents on-chain. As Quack AI disclosed in its official social media announcement, while AI agents are witnessing
NanoVita’s strategic alliance with TermiX marks an important step towards bringing the theoretical convergence of AI and blockchain technologies into an actual working system. The partnership indicates a transition into maturity of the Agentic Web, where TermiX will serve as a single clearinghouse and settlement facility for the entire ecosystem. This partnership helps eliminate one