Crypto World News
Crypto World News
Cathie Wood’s ARK Invest has been active in the crypto industry, partly selling 17.4 million in Coinbase (COIN) shares while also investing $17.8 million into Bullish (BLSH), a digital asset platform geared towards institutional investors. This move aligns with the…
Bitcoin’s price has recovered to over $65,000, a rise of 11% from 15-month lows that were below $60,000, where institutional investors are taking advantage of the dip to buy. The crypto market lost more than $2.6 billion, with Bitcoin alone…
The time when simply holding Bitcoin was a winning strategy is behind us. More than 172 public companies are holding corporate bitcoin as part of their assets, and hence, the emphasis is changing from “should we buy” to “how to…
A recent survey targeting top crypto investors and executives highlights a major change in capital allocation priorities, as 85% of the respondents prefer infrastructure investments to decentralized finance (DeFi) projects. This shift is made due to the fear of money…
Bitcoin (BTC) rebounded to $76,000 on Wednesday, offering investors some relief. However, both on-chain data and technical analysis suggest that the crypto’s recent recovery may be just a temporary phase, with the possibility of a deeper fall ahead. Bitcoin Price…
The Canadian Investment Regulatory Organization (CIRO) decided on an interim framework to regulate the custody of crypto and tokenized assets with the aim to providing investor protection and regulatory clarity. The initiative outlines the requirements for dealer members must handle…
Fireblocks, a major crypto infrastructure provider, has incorporated the Canton Network, a privacy-enabled blockchain designed for regulated financial markets, into its system. Due to this collaboration, financial institutions can now use Fireblocks to custody and settle assets on the Canton…
Solana (SOL) price may have reached a bottom near $100, which would open the way for a rally to $260. The crypto’s technical charts and on-chain data are both supportive of a rally, but there are a few major resistance…
A state judge from Nevada has blocked prediction market Polymarket from temporarily offering event contracts in the state, rejecting the industry argument that only the Commodity Futures Trading Commission (CFTC) has the authority to regulate such markets. The decision goes…
South Korea’s financial regulatory authority, the Financial Supervisory Service (FSS), has intensified its surveillance of the digital asset market through increased use of artificial intelligence (AI) to uncover and stop crypto market manipulation. The FSS has upgraded its Virtual Assets…