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Crypto

Bitcoin (BTC), Ether (ETH) suffer worst weekly drop since FTX crash

Bitcoin (BTC), Ether (ETH) suffer worst weekly drop since FTX crash

2 weeks ago by Crypto InsightsCrypto

Crypto investors endured one of their toughest week in years as a wave of selling wiped out hundreds of billions of dollars from digital asset markets. Bitcoin BTC$60,593.14 fell 17.3% this week while ether (ETH) dropped 22%, putting both assets on track for their largest… Read More

The battle for digital dollars is moving onchain

The battle for digital dollars is moving onchain

2 weeks ago by Crypto InsightsCrypto

America’s largest banks are preparing a direct response to one of crypto’s fastest-growing products: stablecoins. JPMorgan Chase, Bank of America, Citigroup and other major lenders said Friday that they plan to launch a shared tokenized deposit network through The Clearing House by the first half… Read More

WLD plunges 20% as Hayes dumps token a day after saying he would keep holding it

WLD plunges 20% as Hayes dumps token a day after saying he would keep holding it

2 weeks ago by Crypto InsightsCrypto

Crypto investment opinions are changing in less than 24 hours these days. Arthur Hayes, co-founder of crypto exchange BitMEX and chief investment officer of family office Maelstrom, said on Friday the firm had sold its entire stake in Worldcoin, the digital token tied to Sam… Read More

Bitcoin maximalists say the brutal price crash is just a temporary liquidity crunch caused by the AI boom

Bitcoin maximalists say the brutal price crash is just a temporary liquidity crunch caused by the AI boom

2 weeks ago by Crypto InsightsCrypto

Hardcore bitcoin purists haven’t lost faith in the world’s largest digital currency, despite it losing nearly 17% of its value, marking the worst weekly performance since July 2024 and wiping out about $200 billion in market cap in the last seven days. The prominent bitcoin… Read More

Security experts warn advanced AI is about to spark a hacking crisis for both crypto and banks

Security experts warn advanced AI is about to spark a hacking crisis for both crypto and banks

2 weeks ago by Crypto InsightsCrypto

A major bug found in the top privacy network Zcash, using artificial intelligence, may be a warning sign that similar undiscovered flaws exist across crypto and banking software. What’s worrying the crypto community is that the bug, which had existed in the network for 4… Read More

BTC sentiment hit peak bearishness at recent price lows, peak bullishness near tops: Crypto Daily

BTC sentiment hit peak bearishness at recent price lows, peak bullishness near tops: Crypto Daily

2 weeks ago by Crypto InsightsCrypto

In recent weeks, bitcoin BTC$62,136.50 sentiment has been most bullish when the price was highest and most bearish exactly when it was most stressed, according to Santiment data covering May 21 through June 4. Peak bullishness hit on May 22, with bitcoin near its high… Read More

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