Bitcoin’s BTC$66,834.80 recent tendency to move in step with U.S. equities does not erase its value as a portfolio diversifier. That’s according to financial services and infrastructure firm NYDIG. In a weekly market note, Greg Cipolaro, the company’s global head of research, said correlations between… Read More
Six asset classes now exceed $1 billion onchain, but just 12% of RWA-backed stablecoin supply has entered DeFi protocols. Tokenized real-world assets, excluding stablecoins, have crossed $25 billion in onchain value, nearly quadrupling from roughly $6.4 billion a year earlier, according to data from RWA.xyz.… Read More
The Trump administration’s new national cyber strategy places the security of cryptocurrencies and blockchain technologies within the United States’ broader push to maintain leadership in emerging technology. In a section focused on maintaining “superiority in critical and emerging technologies,” the document states that the government… Read More
Cryptocurrency trading giant Coinbase (COIN) said new U.S. tax reporting requirements are overly onerous for many crypto holders and add unnecessary clutter to the country’s taxation system. While the idea is that taxable activity on crypto should be reported in the same way as with… Read More
Bitcoin BTC$68,027.17 is firmly in the deepest phase of the bear market and the pain may worsen, according to CK Zheng, founder of crypto investment firm ZX Squared Capital. “Bitcoin’s price is convincingly in deep bear market territory now. We expect a further 30% price… Read More
Bitcoin BTC$67,690.58 fell to $67,960 by Saturday morning, down 3.4% over the past 24 hours and retreating sharply from the past week’s high. The move fits what has become a recurring script in recent months, with late-week selling dragging prices toward the lower end of… Read More
