The state of New Hampshire has approved the first municipal debt instrument in the United States to be backed by Bitcoin (BTC). Industry observers believe the move could open the door for digital assets to enter the global debt market, which is valued at about $140 trillion. $100M Bitcoin-Backed Financing According to journalist Eleanor Terret, […]
Cardano (ADA) is showing early signs of a potential short-term shift. At the time of writing, the asset traded at $0.466, with a slight drop in the last 24 hours and an 18% decline over the past week. While pressure on the asset remains, recent indicators suggest a pause in the current downtrend. Technical Signals […]
Ripple (XRP) has witnessed tremendous pressure amidst the recent market-wide meltdown. The crypto asset fell by more than 11% over the past week as a result, and briefly touched the lows of $2.10 before stabilizing near the press time price of $2.20. Data now suggests that nearly half of the XRP supply sits in loss, […]
The controversial crypto project Pi Network continues to roll out ecosystem updates, whereas the price of PI remains in green territory on a monthly scale. In the following lines, we will explore all recent developments and outline some interesting predictions coming from analysts. The Latest Update A few days ago, the team behind Pi Network […]
Sui (SUI) has dropped to $1.66 following a 70% decline from its all-time high of $5.35. The recent move has drawn attention from analysts, who point to signs of forced selling and potential positioning reset. With volume rising and the price reaching key levels, traders are watching to see if this marks the start of […]
El Salvador has intensified its Bitcoin strategy despite one of the year’s steepest market pullbacks, after adding more than 1,000 BTC in a single move and pushing its reported holdings to roughly 7,500 BTC. According to the country’s Bitcoin Office, the latest acquisition is worth around $100 million and was executed as the cryptocurrency briefly […]
Computer scientist Nick Szabo, whose work helped pave the way for Bitcoin (BTC), has stated that cryptocurrencies are not “trustless” but rather “trust-minimized,” with each possessing a legal attack surface that governments can potentially exploit. Szabo’s distinction struck at a core belief held by many BTC proponents and comes at a time when there’s a […]
A 41-day liquidation cascade erased $1.1 trillion from the crypto market, marking one of the most severe structural contractions in its history, according to an analysis by Shanaka Anslem Perera. The industry observer is framing the wipeout as the end of the high-leverage era and the beginning of a more institution-driven trading environment for the […]
A long-dormant Cardano (ADA) whale has torched more than $6 million in a single swap after attempting to move 14.4 million ADA, worth around $7 million, into USDA, a Cardano-native stablecoin, in a low-liquidity pool. The trade left the wallet with just 847,000 USDA, an estimated 87% loss, and reopened tough questions about Cardano’s DeFi […]
Digital asset investment products saw $2 billion exit the market last week in the biggest outflows since February. It was also the third consecutive week of negative flows, which pushed the combined total to $3.2 billion. CoinShares attributed the downturn to ongoing monetary policy uncertainty in addition to selling activity from major crypto whales. Falling […]