Iran Crisis Attracts $619M Crypto Funds Despite Late-Week Selloff: CoinShares
Investment products tied to digital assets posted net inflows of $619 million last week, which, according to CoinShares, indicates that the initial response to the Iran crisis was favorable for the sector. Inflows of $1.44 billion were registered during the first three days of the week, reflecting early optimism among investors. Sentiment weakened later as […]
CoinDesk 20 Performance Update: Avalanche (AVAX) Gains 2% as Index Trades Flat
Internet Computer (ICP), up 1.4% from Friday, was also among the top performers.
Crypto doesn’t belong in AI portfolio as it’s ‘a different animal,’ says tech investor and former Snap exec
Former Snap strategy chief and Credit Suisse banker says crypto sits outside his AI thesis.
Bittensor (TAO) Tests $200 Resistance as Buying Momentum Signals Potential Upside
Bittensor (TAO) is showing signs of recovery and is testing the critical resistance level of $200 after showing weakness in the market. The momentum indicators are showing signs of increasing buying pressure, which may result in the continuation of the stock at the level of $250. Investors are keeping a close eye on the stock
Strategy buys $1.3B in Bitcoin as holdings top 738,000 BTC
The purchase brings Strategy’s total Bitcoin reserves to nearly 739,000 BTC despite the asset trading below the company’s average acquisition price.
Bitcoin Slumps to $66K as Oil Breakout Adds Macro Pressure
Today’s Bitcoin (BTC) sell-off coincides with a massive breakout in crude oil prices, which surged past $110 per barrel on escalating Middle East tensions. The original cryptocurrency briefly dropped down to $66,010 on Monday, marking a 10% slide from its March 5 peak of $73,670. That energy shock is rattling risk assets globally. As oil […]
KAST raises $80 million at $600 million valuation to expand stablecoin payments platform
Funding will support product expansion, licensing and compliance as the company scales a platform for cross-border stablecoin payments.
Bithumb faces proposed 6-month partial ban over South Korea AML breaches
The suspension, according to local media reports, would only restrict virtual asset transfers for newly registered users, not affecting existing customer operations.
Nigel Farage invests $286K in UK Bitcoin treasury company Stack BTC
Nigel Farage has acquired a 6.31% stake in the London-listed Bitcoin treasury company Stack BTC amid broader scrutiny over crypto donations in UK politics.
U.S. Treasury signals shift on crypto mixers, acknowledges legitimate privacy uses
A congressional report on implementing the Genius Act acknowledges the existence of lawful uses for blockchain privacy tools even as U.S. regulators pursue enforcement cases tied to illicit finance.
Flow Foundation Moves to Court to Stop FLOW Token Delisting on Major South Korea Exchanges
The Flow Foundation and its parent company Dapper Labs filed a motion with the Seoul Central District Court on Monday. The request seeks to block the planned delisting of the FLOW token from three major South Korean exchanges. Upbit, Bithumb, and Coinone earlier announced that they would end FLOW trading support on March 16. The […]
Michael Saylor’s Strategy made $1.3 billion bitcoin purchase last week
The company now holds 738,731 bitcoin purchased for about $56 billion and worth roughly $50 billion at the current price just shy of $68,000.