Investors are most bearish on the dollar in over a decade, per Bank of America’s (BofA) latest survey and that extreme bet could breed bitcoin $BTC$68,266.99 volatility, just not the way crypto bulls have become used to. BofA’s February survey shows investor positioning in the U.S. dollar has fallen to its most negative (bearish) level
Crypto market sentiment has fallen to extreme lows and could lead to a “durable bottom” that exhausts selling pressure, according to analysts at crypto financial services firmMatrixport. “Sentiment has fallen to extremely depressed levels, reflecting broad pessimism across the market,” said Matrixport in a note on Tuesday. Matrixport’s own Bitcoin ($BTC) “fear and greed index”
It’s a new chapter for Galxe, a Web3 community building a community-driven platform built on Ethereum, as it has undergone an exciting rebranding, and it has now transformed into its own Layer-1 blockchain, popularly called GravityChain. According to updates shared today on the X social media platform, Galxe announced the full migration, and its Web3
Jake Claver, CEO of Digital Ascension Group, has explained how wealthy investors use assets like $XRP not for sale, but as collateral to unlock liquidity while preserving long-term upside. In a recent post on X, Claver stated: “The wealthy don’t usually sell their assets; they borrow against them instead.” He argued that the same strategy
Crypto exchange Kraken has become the latest company to heed calls from US President Donald Trump to support his “Trump Accounts,” a savings plan aimed at American children under the age of 18. The move was first announced by Wyoming Senator Cynthia Lummis on Monday, with the Republican official stating that Kraken would provide funding
Maya, a Philippine digital bank whose platform includes a regulated crypto trading arm, is reportedly exploring a U.S. initial public offering of up to $1 billion. The company is currently working with advisers on the deal, according to a Bloomberg report on Monday. A U.S. venue could provide access to deeper pools of capital and
Orexn, a decentralized Web3 launchpad platform for early-stage blockchain projects, is pleased to launch Orexn Launchpool for taking part in next-generation crypto projects seamlessly. The main purpose of this launch is to enable crypto users to functionalize their holding assets in the market for selected pre-TGE (Token Generation Event) projects. 💎 Meet Orexn Launchpool —
Alchemy Pay, a prominent platform for crypto-fiat payments, has unveiled a unique roadmap and design update for its Alchemy Chain. With the new advancement, Alchemy Pay is presenting Alchemy Chain as a next-gen blockchain when it comes to stablecoin payments. As per Alchemy Pay’s official press release, the initiative denotes a key move in the
TL;DR Bitcoin drops 25% monthly to $69,000 as crypto ETFs face $5.8 billion in outflows. BlackRock’s IBIT loses $2.8 billion in the quarter, contrasting with $21 billion prior inflows. Matt Hougan notes financial advisors hold positions; selling comes from hedge funds. Bitcoin records a decline exceeding 25% over the last month, while cryptocurrency exchange-traded funds
Nicki Minaj will take the stage at the Trump-linked World Liberty Forum later this week, marking her latest public alignment with the Trump family’s expanding crypto ambitions. World Liberty Financial ($WLFI), the DeFi project backed by Donald Trump’s family, confirmed that the global music icon will attend its flagship summit at Mar-a-Lago on February 18.