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Financial News

10% Decline Amid Crypto Selloff; Rewards Season 1 Coming

10% Decline Amid Crypto Selloff; Rewards Season 1 Coming

2 months ago by Crypto InsightsCrypto

Chainlink’s LINK token fell 10% on Monday, plunging to its weakest price since the October 10 flash crash breaking down key support levels. Trading activity spiked 674% above the 24-hour average at the height of the breakdown, with over 12 million LINK changing hands as… Read More

Microsoft Signs $9.7B AI Cloud Deal With Bitcoin Mining Stalwart

Microsoft Signs $9.7B AI Cloud Deal With Bitcoin Mining Stalwart

2 months ago by Crypto InsightsCrypto

Microsoft today said it had signed a $9.7 billion purchase agreement for AI cloud capacity from bitcoin miner-turned-neocloud company IREN. The move marked one of the biggest commercial validations yet for the upcoming neocloud sector — referring to a group of data center firms that… Read More

Falls to $0.18 as ‘Death Cross’ Price Action Appears

Falls to $0.18 as ‘Death Cross’ Price Action Appears

2 months ago by Crypto InsightsCrypto

Dogecoin slipped 2.3% to $0.1827 during Tuesday’s trading session, breaking decisively below key support at $0.1830 as whale distribution accelerated and long-term holders began exiting positions. The decline came amid a deteriorating technical backdrop and increased selling activity across large wallets. News Background DOGE dropped… Read More

ASTER Zooms 20% as Binance’s CZ Purchases 2M Tokens

ASTER Zooms 20% as Binance’s CZ Purchases 2M Tokens

2 months ago by Crypto InsightsCrypto

DEX token ASTER surged as Binance founder Changpeng Zhao (CZ) purchased approximately 2 million of them, sending a wave of speculative demand across the market. Investors interpreted the purchase as a signal of confidence from one of crypto’s most influential figures, and ASTER climbed nearly… Read More

Bitcoin Broke the Uptober Streak, but a Handful of Altcoins Managed to Finish Higher

Bitcoin Broke the Uptober Streak, but a Handful of Altcoins Managed to Finish Higher

3 months ago by Crypto InsightsCrypto

Bitcoin closed October lower, snapping its six-year “Uptober” streak while BNB eked out a gain as a mid-month jolt left most majors stuck below early highs. The shock landed Oct. 10, when President Donald Trump threatened steep new tariffs on China amid rare-earth tensions, touching… Read More

U.S. Treasury Secretary Scott Bessent Praises Bitcoin’s Resilience

U.S. Treasury Secretary Scott Bessent Praises Bitcoin’s Resilience

3 months ago by Crypto InsightsCrypto

U.S. Treasury Secretary Scott Bessent marked the 17th anniversary of the Bitcoin white paper on Friday with a post on X praising the network’s resilience and adding a jab at Senate Democrats, saying the system “never shuts down” and implying lawmakers could “learn something from… Read More

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