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Financial News

Bitwise CIO Matt Hougan on bitcoin, ethereum, solana, central banks and more

Bitwise CIO Matt Hougan on bitcoin, ethereum, solana, central banks and more

3 months ago by Crypto InsightsCrypto

Where bitcoin trades from here: Expect patience before the next leg higher. Hougan expects bitcoin to trade sideways between roughly $75,000 and $100,000 in the first half of the year. “There’s still a lot of Bitcoin for sale around $100,000,” he said, pointing to options-market… Read More

Fed chair nominee Kevin Warsh not necessarily a hawk, says close colleague Stanley Druckenmiller

Fed chair nominee Kevin Warsh not necessarily a hawk, says close colleague Stanley Druckenmiller

3 months ago by Crypto InsightsCrypto

The knee-jerk reaction to Donald Trump’s pick of Kevin Warsh to replace Jerome Powell as chairman of the Federal Reserve is that the president made the most hawkish selection among the four reported finalists for the job. In the wake of last night’s leak that… Read More

Binance to shift $1 billion user protection fund into bitcoin amid market rout

Binance to shift $1 billion user protection fund into bitcoin amid market rout

3 months ago by Crypto InsightsCrypto

Top cryptocurrency exchange Binance announced said Friday that it shall switch the stablecoin in its $1 billion emergency user protection fund to bitcoin over the next 30 days. The move targets the Secure asset Fund for Users (SAFU), which is a security fund created to… Read More

Nayib Bukele and El Salvador buying dips in bitcoin and gold

Nayib Bukele and El Salvador buying dips in bitcoin and gold

3 months ago by Crypto InsightsCrypto

The central bank of El Salvador, the tiny bitcoin-friendly nation in Central America, added $50 million worth of gold to its reserves, the institution said Thursday in an X post. The purchase — 9,298 troy ounces — brings the country’s total gold holdings to 67,403… Read More

Ripple-linked token drops 5% amid BTC-led weakness

Ripple-linked token drops 5% amid BTC-led weakness

3 months ago by Crypto InsightsCrypto

Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them… Read More

Paxos Gold (PAXG) sees record $248 million inflow in January

Paxos Gold (PAXG) sees record $248 million inflow in January

3 months ago by Crypto InsightsCrypto

Crypto investors are piling into tokenized gold as digital asset markets are treading water, sending inflows to Paxos’ gold token to a record in January. Paxos Gold (PAXG), backed by physical gold held in LBMA vaults in London, raked in more than $248 million fresh… Read More

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