Digital assets, cryptocurrencies, blockchain, and currency news.
Key Highlights An SEC proposal could allow qualifying state-chartered trust companies to compete more directly for regulated crypto custody mandates. Asset coverage, custody infrastructure and integration with trading, staking and reporting could become more important than charter type alone. Adviser self-custody would remain a costly fallback, with estimated annual requirements of about $433,833 and mandatory ...
Key Highlights: Solana (SOL) rose 3.38% over 24 hours to $121.82. SOL has gained 25% over the past month as the cryptocurrency market recovered. The monthly rally has put the $130 level in focus for Solana. Solana Price Rises to $121.82 as Crypto Market Recovers Solana price increased 3.38% over a 24-hour period to reach ...
Key Highlights: Upbit’s warning applies to BLAST/KRW, BLAST/BTC and BLAST/USDT trading pairs. BLAST has not been permanently delisted, but Upbit may end trading support if the underlying issues remain unresolved. Upbit warned that BLAST deposits may not be credited or recoverable and advised users not to make new deposits. Upbit Reviews BLAST Trading Support South ...
Key Highlights: Blast has decided to cease operations. The Ethereum layer-2 project said its maintenance and operating costs exceeded revenue. Blast attributed the decision to its current economic structure. Blast to Cease Operations as Costs Outpace Revenue Blast, once one of the most talked-about layer-2 projects in the Ethereum ecosystem, has decided to cease operations, ...
Key Highlights Bitcoin could target approximately $190,000 if it breaks above the previously recorded peak of $125,000. Ethereum, XRP, and Solana also have higher technical projections based on chart patterns identified by the analyst. The projected levels are technical-analysis scenarios, not guaranteed results or definitive price targets. Bitcoin’s Technical Targets Bitcoin appears to have traded ...
Key Highlights: Timmer’s updated model allocates 60% of a portfolio to global equities, 20% to bonds and 20% to diversified alternative assets. The alternative-assets allocation includes gold, commodities, cash, Bitcoin, REITs and managed futures. Timmer said Bitcoin’s correlation with the S&P 500 is approximately 30%, while it has no correlation with U.S. Treasury bonds. Timmer ...
Key Highlights: Hester Peirce is leaving the U.S. Securities and Exchange Commission after more than eight years as a commissioner. Peirce advocated for clearer cryptocurrency rules, including a token safe harbor and regulatory guardrails for the digital asset industry. Her departure has drawn praise from the Blockchain Association for her efforts to support innovation while ...
Key Highlights: The U.S. added 29,000 jobs in September, well below the 90,000 consensus forecast. The unemployment rate rose to 4.2%, while earlier job gains were revised lower. Markets increased expectations that the Federal Reserve could hold interest rates as wage growth slowed. U.S. Jobs Growth Slows Sharply in September The U.S. labor market weakened ...
Key Highlights: Perpetual VIX contracts do not expire and use funding rates to track the spot index. Cboe’s potential VIX futures launch could expand volatility trading and hedging activity. Market makers still face funding costs, basis risk and challenges hedging an index that cannot be traded as a cash asset. Perpetual VIX Contracts Aim to ...
Key Highlights: Makrovision identifies $82,500 as a critical short-term Bitcoin support level. A break below $82,500 could expose Bitcoin to the $75,000-$73,000 support zone, although the move may represent a healthy correction. A sustained move above $86,500 could put $98,000 among Bitcoin’s next major targets. Bitcoin’s $82,500 Support Level Takes Center Stage Following Bitcoin’s recent ...
Key Highlights: Bitcoin traded above $86,000, gaining 3.4% in 24 hours ahead of the U.S. jobs report. SKY, AAVE and APT rose 7% to 10%, leading gains among the 100 largest cryptocurrencies by market value. Markets are focused on how the jobs data affects Treasury yields, particularly inflation-adjusted real yields. Bitcoin Leads Broad Crypto Market ...
Key Highlights Cardano analyst Lana Valentis identified potential $ADA price targets ranging from $0.32 to $3.10 after the token moved above weekly resistance near $0.24. At $0.2547, $ADA remains 1,117% below its previous all-time high of $3.10, reached in September 2021. Cardano’s historical October performance is mixed, with an average return of -0.65% and a ...