The Institutional Era of Crypto Brings Fresh Innovation
After the scandals and regulatory headaches of the last market cycle, crypto is growing and embracing the needs of institutions entering the digital assets space.
Market
Bitcoin Registers Biggest Single-Day Loss Since FTX’s Collapse
Spot BTC ETFs witnessed record outflows on Tuesday, provisional veri from Farside show.
Bitcoin Rebounds to $65K as Investors Weigh Looming Fed Decision Risk
Disappointing flows into bitcoin ETFs over the past days partly resulted from investors trimming risks ahead of Wednesday’s FOMC meeting, one market observer said.
Bank of Japan Ends Eight-Year Negative Rates Regime; Bitcoin Slides to $62.7K
The BOJ hiked the benchmark borrowing cost by 10 basis points, abandoning the prolonged negative interest rate policy.
SOL, BOME Trend on Social Media as Ether, Bitcoin Lag
Increased crowd chatter may be a sign of an impending retail investor frenzy.
Prediction Market Kalshi to Take Bets on Crypto (Settled in Dollars)
The CFTC-regulated platform will let traders bet on how high ETH will go this year and other price outcomes amid renewed interest in both crypto and prediction markets.
Bitcoin’s Correlation to Nvidia Strongest in Over a Year
The 90-day and 52-week correlation between bitcoin and Nasdaq-listed chip maker Nvidia is well above 0.80.
Bitcoin Tumbles to $67K As Asia Begins Trading Day
Over $100 million in bitcoin long positions have been wiped out as the world’s largest digital asset fell from $70K.
Bitcoin Slumps 4%, Falling Below $70K; Solana Outperforms
Bitcoin could enter a period of consolidation before its next leg in the rally, observers noted earlier.
Solana-Based Crypto Exchange Drift Plans Pre-Launch Market for New Tokens
A pre-launch market may help create better price discovery, Drift co-founder Cindy Leow said.