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BNB is now down 11% from its all-time high despite Coinbase roadmap listing

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BNB is now down 11% from its all-time high of $1,370 this week, hitting an intraday low of $1,151.50 before settling near $1,180. Its recent addition to Coinbase’s listing roadmap has failed to help it recover. The decline triggered more than $630 million in liquidations across more than 210,000 trader accounts as the market turned […]

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Bitfarms aims for growth with $300 million convertible note sale

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Bitfarms (BITF) stock price is down 4% premarket as the company announced a proposed offering of $300 million of convertible senior notes due January 15, 2031, with an option for initial purchasers to purchase an additional $60 million within 13 days of issuance. The notes, senior unsecured obligations, will pay interest semi-annually beginning July 15,

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Visa says it wants to build the rails for lending in “Onchain Finance”, its new name for DeFi

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Visa has built the world’s largest payments network, moving nearly $16 trillion in payments through its virtual channels. It now wants to do the same for lending in the world of decentralized finance (DeFi). The report, titled Stablecoins beyond payments: the on-chain lending opportunity, reframes decentralized finance as “on-chain finance” – a deliberate name change

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BTC faces strong selling pressure despite bullish seasonal expectations

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Bitcoin continues to trade slowly around the $110,000 level and remains under pressure against gold. Onchain data from Glassnode shows that selling pressure from long-term holders (LTH) is intensifying. Glassnode defines LTHs as investors who have held Bitcoin for 155 days or more. Currently, LTHs collectively hold around 14.5 million BTC, but they continue to

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Australian government proposes new powers to AUSTRAC to restrict crypto ATMs

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Australian Home Affairs Minister Tony Burke is seeking to grant new powers to the country’s anti-money laundering watchdog to crack down on cryptocurrency ATMs. Burke has proposed measures to allow the Australian Transaction Reporting and Analysis Center (AUSTRAC) to restrict or ban certain high-risk products, according to an announcement on Thursday. The announcement did not

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Frenchwoman Lise obtains the license to launch the first tokenized stock exchange in Europe

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Paris-based Lise (Lightning Stock Exchange) has become the first company in Europe authorized to operate a fully tokenized stock exchange, the company announced on Thursday. The exchange, which targets the SME IPO market in France, has received a DLT TSS license from the French financial regulator, ACPR, under the EU’s distributed ledger technology pilot scheme,

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There’s a $200,000 bug hunt for XRPL’s new institutional lending protocol

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Fintech company Ripple is partnering with security platform Immunefi for an upcoming “Attackathon” event, designed to establish a new decentralized financial protocol on XRPL through rigorous testing. The event will offer $200,000 in rewards to participants who help identify vulnerabilities in the proposed XRPL lending protocol, a new system designed to bring fixed-term, unsecured loans

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Bitcoin Holds Near $111,000 as Traders Weigh China Retaliation, SOL, DOGE, ADA Lead to Losses

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Bitcoin was hovering around $111,000 on Thursday afternoon Hong Kong time, stable after another volatile period as China’s latest trade retaliation against the United States reignited risk aversion in global markets. The broader crypto market has returned to caution mode, with total capitalization unchanged at around $3.8 trillion. Ether ETH$4,044.48 was trading near $4,000, BNB

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How far could prices fall below the support at $107,000 to $110,000?

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This is daily analysis from CoinDesk analyst and certified market technician Omkar Godbole. Bitcoin BTC$111,136.94 The price recovery from Friday’s crash has been tepid at best, leaving prices dangerously close to the key support zone. The result here could pave the way for meaningful action. BTC rebounded to $116,000 after Friday’s sharp decline, during which

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