NEWS
Crypto Index Sees “Extreme Fear” as Bitcoin Drops Toward $65,000
Bitcoin (BTC) is due a “relief bounce” next as crypto market sentiment hits two-month lows. Key points: The Crypto Fear & Greed Index hits “extreme…
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TradFi will sit out DeFi growth until security issues are resolved, executives say
The long-term value of decentralized finance (DeFi) depends on its ability to transform the back-office operations of global banking institutions rather than providing alternative trading…
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Banks’ survey says people don’t want to rock the boat if stablecoin yield risks lending
U.S. banking lobbyists unveiled a survey to back up their campaign against U.S. stablecoins that return yield to their users, seeking to reinforce their ongoing…
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New York and EU Regulators Unite to Oversee Stablecoins
The European Banking Authority and the New York State Department of Financial Services (NYDFS) have signed a memorandum of understanding to police cross-border stablecoin activities. …
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Prediction market traders bet bitcoin’s selloff has further to run
Prediction market traders are increasingly wagering that bitcoin’s correction is far from over, even after the cryptocurrency tumbled toward $65,000 this week amid mounting pressure…
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Bitcoin Drops 7% to Nine-Week Low Amid US-Iran Strikes
Bitcoin prices have dropped 7% on the day, breaking key support to a nine-week low after the US and Iran launched fresh strikes as talks…
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US Treasury Sanctions Iran’s Nobitex Crypto Exchange
The US Treasury has sanctioned four Iranian crypto exchanges, including the country’s largest, Nobitex, marking the latest effort in its campaign called “Economic Fury” that…
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Humanoid Robots Remain Years Away From Replacing Human Workers
Modern artificial intelligence-powered robots are impressive in their capabilities, but are still years away from replacing humans as they can’t yet adapt to changing conditions,…
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Crypto Turns Contrarian Bet as AI Stocks Dominate
Crypto is turning into a “contrarian bet” as institutional investors are being drawn to artificial intelligence stocks, says Bitwise chief investment officer Matt Hougan. “The…
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What next as Bitcoin falls below $66,000
The crypto sell-off is worsening as stock markets continue to inch higher every day. Bitcoin BTC$66,183.17 plunged to a low of $65,708 in Asian morning…
