Business

Singapore investment giant Temasek to eschew crypto in favor of AI

Business / Leave a Comment

Singapore’s state-owned investment company Temasek Holdings said it would prioritize investments in AI over crypto due to regulatory uncertainty and the lingering impact of a $275 million delisting following the collapse of crypto exchange FTX in 2022. The company, with an investment portfolio valued at around S$518 billion ($400 billion), plans to increase its exposure […]

Singapore investment giant Temasek to eschew crypto in favor of AI Read More »

DEX Trader Holds $1 Million EUR/USD Bullish Bet for 400 Days

Business / Leave a Comment

The term “HODLing,” crypto slang for purchasing and holding an asset for a long period of time, has historically been associated almost exclusively with bitcoin. BTC$62,818.33 and ether (ETH). A trader has now applied the same long-term approach to perpetual futures contracts linked to the Euro-Dollar (EUR/USD) pair listed on the decentralized exchange (DEX) Ostium,

DEX Trader Holds $1 Million EUR/USD Bullish Bet for 400 Days Read More »

Bitcoin and ether exchange supplies have hit all-time lows, but a rally is not guaranteed (

Business / Leave a Comment

“The underappreciated aspect is that this measure documents the end of the exchange custody era,” said Ben Nadareski, CEO of Solstice. The bigger problem may not be the decline in foreign exchange balances themselves, but rather where these assets are going. “Assets are leaving trading platforms for two destinations: regulated custody on one side, productive

Bitcoin and ether exchange supplies have hit all-time lows, but a rally is not guaranteed ( Read More »

“CASHCAT” Trader Turns $800 into Over $1 Million on Robinhood’s All-New Blockchain

Business / Leave a Comment

However, the whole rests on fragile ground. CASHCAT has a market value of around $105 million compared to around $6.6 million of liquidity in its Uniswap pool, meaning it might not absorb even a fraction of the holders trying to leave at once. The token is down about 12% over 24 hours and about a

“CASHCAT” Trader Turns $800 into Over $1 Million on Robinhood’s All-New Blockchain Read More »

Bitcoin ETFs fall back into outflows while Ether funds extend their streak

Business / Leave a Comment

U.S. spot Bitcoin ETFs lost a net $85 million on Wednesday, ending a three-day inflow period that had brought in about $509 million, according to SoSoValue data. Ether ETFs raked in around $70 million on the same day, marking a fifth consecutive session of inflows. The release of Bitcoin has been broad. BlackRock’s IBIT lost

Bitcoin ETFs fall back into outflows while Ether funds extend their streak Read More »

The Bank of Japan could accelerate its rate hikes. Will this help or hinder Bitcoin?

Business / Leave a Comment

The Bank of Japan (BOJ) could quickly raise its benchmark interest rate this year as the yen weakens, eventually pushing it above 2%. It’s the latest warning from a former Bank of Japan official, Tsutomu Watanabe, an economics professor at the University of Tokyo who left the central bank in 1999, according to Bloomberg. Currently,

The Bank of Japan could accelerate its rate hikes. Will this help or hinder Bitcoin? Read More »

Why traders are considering this long-term breakout pattern in the Ripple-related token

Business / Leave a Comment

• Volume during this move reached 688,000 XRP, approximately 120% above the session average, before the momentum fizzled. • Earlier selling took XRP to a session low near $1.0742 after volume reached 80.2 million, approximately 83% above the 24-hour average. Technical analysis • The key development is that XRP continues to defend the $1.00-$1.05 support

Why traders are considering this long-term breakout pattern in the Ripple-related token Read More »

Elon Musk’s SpaceX Moves Bitcoin for the First Time in Six Months

Business / Leave a Comment

SpaceX (SPCX) apparently moved Bitcoin BTC$62,287.56 in his wallets early Wednesday for the first time in about six months in three transfers totaling less than $300 of his $1.16 billion holdings that signal no imminent sales. Data from Arkham Intelligence shows that the largest transfer between addresses labeled as owned by the company moved 0.00213

Elon Musk’s SpaceX Moves Bitcoin for the First Time in Six Months Read More »

Scroll to Top