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Fall to $3,331 With Whales Buying $1.37B During Breakdown

Fall to $3,331 With Whales Buying $1.37B During Breakdown

2 days ago by Crypto InsightsCrypto

According to CoinDesk Research’s technical analysis data model, ether ETH$3,348.88 fell 3.3% to $3,331 in the past 24 hours, breaking below the key $3,400 support level despite evidence of aggressive whale accumulation. ETH-USD 1-Month Chart (CoinDesk Data) The decline wiped out recent gains as sellers… Read More

Elixir sunsets deUSD stablecoin in reaction to Stream’s $93M loss

Elixir sunsets deUSD stablecoin in reaction to Stream’s $93M loss

2 days ago by Crypto InsightsCrypto

Elixir said it will sunset its deUSD stablecoin after $75 million worth of the token became entangled in Stream Finance’s $93 million loss.

Polymarket and Kalshi Prediction Markets Coming to Google (GOOG)

Polymarket and Kalshi Prediction Markets Coming to Google (GOOG)

2 days ago by Crypto InsightsCrypto

Google will be bringing prediction market odds from Polymarket and Kalshi directly in Google Search and on its revamped Google Finance platform, giving users access to crowd-based forecasts on key future events. The move is part of a broader rollout of features aimed at making… Read More

BOE Says UK Stablecoin Rules Will Be in Place ‘as Quickly as the U.S.:’ Bloomberg

BOE Says UK Stablecoin Rules Will Be in Place ‘as Quickly as the U.S.:’ Bloomberg

2 days ago by Crypto InsightsCrypto

A deputy governor of the Bank of England (BOE) played down concerns the U.K. is slipping behind other jurisdictions in introducing regulatory regimes for stablecoins, saying the rules will be in effect “just as quickly as the U.S.,” Bloomberg reported on Wednesday. “Our aim is… Read More

Franklin Templeton Debuts Tokenized Money Market Fund in Hong Kong

Franklin Templeton Debuts Tokenized Money Market Fund in Hong Kong

2 days ago by Crypto InsightsCrypto

Cryptocurrency-friendly investment firm Franklin Templeton introduced a blockchain-based money-market fund for professional investors in Hong Kong and said it’s also working on a version for retail investors as it looks to expand its footprint in Asia. The Franklin OnChain U.S. Government Money Fund invests in… Read More

How Deep Are Bitcoin Traders Hedging After Recent Price Dip Below $100K?

How Deep Are Bitcoin Traders Hedging After Recent Price Dip Below $100K?

3 days ago by Crypto InsightsCrypto

BTC recently fell below $100,000 as macro uncertainties weighed over spot ETF inflows.

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