Bitcoin ($BTC) has fallen back to around $67,000 after recovering above $70,000. While Bitcoin continues to experience volatile price movements, the CEO of Canary Capital stated that a rally will occur by the end of the year, but before that, the $BTC price will fall to $50,000. Speaking to Korea Economic Daily, Canary Capital CEO
Clearer rules and improved technology are accelerating the convergence of traditional finance (TradFi) and decentralized markets, driving established institutions into areas such as crypto derivatives, according to panelists at Consensus Hong Kong. “Regulation is really important. It gives you the rails that you need to operate in,” said Jason Urban, global co-head of digital assets
Stablecoin yields should be passed on to the consumer, Robinhood General Manager Johann Kerbrat said Wednesday at CoinDesk’s Consensus Hong Kong conference. Kerbrat also said it should be up to consumers to decide what they want to do with their savings, though they need to be made aware of the risks inherent in these products.
If there is a classic technology hype cycle attached to tokenization — the representation of any asset on blockchains like Ethereum — we are barely getting started. That was the view of Min Lin, managing director of global expansion at Ondo, who pointed out the U.S. Treasuries market alone is worth $29 trillion. Adding in
The lack of expected results from the stablecoin meeting hosted by the White House in the US, coupled with an increasingly hawkish macroeconomic outlook, caused Bitcoin to fall to $67,000. While experts expect further declines in Bitcoin ($BTC) price, Joao Wedson, CEO of analytics company Alphractal, explained the critical levels to watch for $BTC. The
US spot Bitcoin exchange-traded funds (ETFs) extended their inflow streak to three sessions, with this week’s gains nearly offsetting last week’s outflows. Spot Bitcoin ($BTC) ETFs recorded $166.6 million in inflows on Tuesday, bringing total inflows this week to $311.6 million, according to data from SoSoValue. Last week, the funds saw net outflows of $318
Story Highlights Bitcoin sentiment turns fearful again as Santiment shows bearish social posts dominating bullish buy-the-dip conversations online. Google search interest for Bitcoin falls sharply, signaling lower public attention and reduced retail excitement overall. Historical Santiment trends show extreme fear phases often appear before strong Bitcoin price recovery moves. Bitcoin price has been struggling to
The days of outsized gains in crypto may be coming to an end as more risk-averse institutional players are entering the space, replacing retail investors who chase rapid gains, according to Galaxy CEO Mike Novogratz. Novogratz reportedly said at the CNBC Digital Finance Forum on Tuesday in New York that it is a reflection of
The Bitcoin price is sliding again after a failed rebound following February 6. The $BTC price is down nearly 3% in 24 hours and about 38% since mid-January. After bouncing from $60,100 to $72,100, buyers lost control, and the rebound faded. Technical signals had warned early, and on-chain data now confirms growing selling pressure. The