Market sentiment is grim as bitcoin price today falls to $62,828 amid extreme fear, signaling a highly uncertain outlook. The Fear & Greed Index sunk to 12, a level suggesting capitulation events that sometimes mark market bottoms but often trap sellers. BTC/USDT — daily chart with candlesticks, EMA20/EMA50 and volume. The Daily Picture: A Market
America’s biggest banks, including JPMorgan, Citi and Bank of America, plan to build a shared, tokenized deposit network by the first half of 2027 to protect their deposits from the threat posed by stablecoins, the Wall Street Journal reported. The system will be operated by The Clearing House, the payments company collectively owned by the
The Hong Kong Monetary Authority (HKMA) has officially launched a dedicated task force to accelerate the development of bond tokenization in the region. The initiative brings together a broad spectrum of industry participants, including financial institutions, legal advisory firms, industry associations, and providers of financial infrastructure and technology. Building on Prior Work in Digital Bond
The sharp declines in the cryptocurrency market in recent days have brought Bitcoin’s critical support levels back into focus. Axel Adler Jr., an analyst at the on-chain data platform CryptoQuant, noted in his assessment of Bitcoin’s current outlook that selling pressure is steadily increasing. According to the analyst, Bitcoin is currently approaching the lows seen
A new study found 51% of U.S. crypto wallet users are systematically replacing legacy banks with digital assets for everyday financial tasks. Key Takeaways: An Oobit survey shows 51% of U.S. wallet users favor crypto over banks for daily financial tasks. Traditional firms are losing everyday transaction volume to decentralized P2P and wallet options. Legacy
7RCC Global has launched trading of BTCK, an exchange-traded fund that allocates 80% to Bitcoin and 20% to regulated carbon credit futures, bringing one of the crypto industry’s earliest ESG-focused ETF concepts to the public market. According to a press release shared with crypto.news, the 7RCC Spot Bitcoin and Carbon Credit Futures ETF began trading
U.S. spot bitcoin ETFs logged a tiny net inflow of $3.05 million on Wednesday, breaking a 13-session redemption streak that drained more than $4.4 billion from the cohort since mid-May. The outflows dragged total bitcoin ETF assets down to $80.40 billion from $104.29 billion at the start of the streak. BlackRock’s IBIT, the largest fund
Aster Chain is a purpose-built Layer 1 blockchain designed for on-chain derivatives trading. Its mainnet launched in March 2026, giving the Aster perpetual exchange its own independent infrastructure after years of operating on $BNB Chain. The protocol uses zero-knowledge (ZK) encryption and a Central Limit Order Book (CLOB) model so that traders can open high-leverage
DGrid AI, a decentralized AI architecture firm, has joined ChainGPT, an AI-led Web3 infrastructure entity, and AIVM, a decentralized AI accountability layer. The partnership is poised to strengthen the infrastructure needed for independent AI models in the Web3 sector. As per DGrid AI’s official press release, the joint effort brings complementary functionalities that connect decentralized
Web3 development infrastructure provider Alchemy has officially joined the Kaia Governance Council, marking a significant step in the blockchain network’s efforts to strengthen its technical foundation. Alchemy, known for providing critical infrastructure to major financial technology firms including Visa and Stripe, will now offer institutional-grade technical support to the Kaia ecosystem. What Alchemy Brings to