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Financial News

BTC stumbles as gold, silver and copper soar to new records Friday

BTC stumbles as gold, silver and copper soar to new records Friday

3 weeks ago by Crypto InsightsCrypto

In what’s become all too familiar action at the start of the U.S. trading day, the crypto sector quickly more than gave up even the tiniest hint of an overnight rally. Nudging above $89,000 at one point as the U.S. slept on Friday, bitcoin BTC$88,777.23… Read More

Uniswap’s UNI token burn, protocol fee ‘UNIfication’ proposal backed overwhelmingly by voters

Uniswap’s UNI token burn, protocol fee ‘UNIfication’ proposal backed overwhelmingly by voters

3 weeks ago by Crypto InsightsCrypto

Uniswap Labs’ and Uniswap Foundation’s “UNIfication” proposal to activate protocol fees for the largest decentralized exchange in crypto and burn millions of UNI received overwhelming support from voters, transforming the token from a purely governance mechanism into a value-accruing asset. The proposal received more than… Read More

Ripple token’s spot U.S. product crosses $1.25 billion net assets

Ripple token’s spot U.S. product crosses $1.25 billion net assets

3 weeks ago by Crypto InsightsCrypto

XRP slipped to $1.86 as traders continued to sell into rallies, even as spot ETF demand stayed steady and total ETF-held assets climbed to $1.25 billion — a gap that suggests the market is still digesting supply at key technical levels. News background Institutional appetite… Read More

BTC might have to spend time below $80,000 to build support

BTC might have to spend time below $80,000 to build support

3 weeks ago by Crypto InsightsCrypto

By checking the past five years of bitcoin BTC$87,693.88 CME futures trading data, it is possible to assess where that crypto has historically spent time consolidating and, by extension, where support has been more or less established. One useful way to frame this is by… Read More

Bitcoin and ether ETFs see $200 million outflows ahead of Christmas

Bitcoin and ether ETFs see $200 million outflows ahead of Christmas

3 weeks ago by Crypto InsightsCrypto

Spot bitcoin and ether ETFs saw another round of outflows on Dec. 24 as traders moved into the Christmas break with reduced liquidity and a weaker appetite for risk. SoSoValue data showed bitcoin spot ETFs posted $175 million in net outflows on Wednesday, while ether… Read More

Filecoin (FIL) drops 2% as crypto markets weaken

Filecoin (FIL) drops 2% as crypto markets weaken

3 weeks ago by Crypto InsightsCrypto

Filecoin FIL$1.2690 slipped 2% to $1.28 on Wednesday, tracking broader crypto market flows rather than responding to token-specific catalysts. The token’s price action remains closely tied to the crypto market sentiment, according to CoinDesk Research’s technical analysis model. This tight correlation indicates large order flows… Read More

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