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Financial News

Here’s what bitcoin needs to break above $87,000: Crypto Daily

Here’s what bitcoin needs to break above $87,000: Crypto Daily

7 days ago by Crypto InsightsCrypto

“I read the current move as evidence that the ETF bid that carried September has not yet returned strongly enough to offset renewed macro pressure. ETF inflows above roughly $300 million a session for several sessions (my threshold rather than a market one) would be… Read More

Pudgy Penguins’ Abstract becomes second Ethereum layer 2 to shut in a week

Pudgy Penguins’ Abstract becomes second Ethereum layer 2 to shut in a week

7 days ago by Crypto InsightsCrypto

The team now cites stalled growth, thin trading markets, limited institutional activity and a small decentralized-finance market among its reasons for closing. “Even after losing 8 figures, we could have launched a token or pursued an ICO. Ultimately we decided against this,” Netz wrote on… Read More

Nvidia (NVDA), Tesla (TSLA) and Apple (APPL) are going onchain. Here’s how OKX and ICE’s new market will work

Nvidia (NVDA), Tesla (TSLA) and Apple (APPL) are going onchain. Here’s how OKX and ICE’s new market will work

1 week ago by Crypto InsightsCrypto

The pools, known in crypto as automated market makers, or AMMs, use rules to determine the price at which investors can buy and sell. More sophisticated versions can also allow professional trading firms to actively adjust prices and the amount of stock available, potentially making… Read More

Bitcoin above $86,000 as traders price out an October Fed hike

Bitcoin above $86,000 as traders price out an October Fed hike

1 week ago by Crypto InsightsCrypto

Bitcoin rose 1% to just above $86,000 early Monday after a weak U.S. jobs report pushed traders to drop bets on an October Federal Reserve rate hike. DOGE led the majors with a gain of more than 3%, and HYPE rose nearly 3% to about… Read More

There’s an election next month: State of Crypto

There’s an election next month: State of Crypto

1 week ago by Crypto InsightsCrypto

A month out from the election, and polling (and recent headlines) suggest that Democrats are currently on the upswing. A consensus poll on the site 270towin suggests that Democrats will flip the House of Representatives, but that it’s hard to tell where the Senate may… Read More

Cathie Wood says smart investors need to start watching where AI agents spend money

Cathie Wood says smart investors need to start watching where AI agents spend money

1 week ago by Crypto InsightsCrypto

That’s where he sees a role for crypto. Chalom said open blockchains such as Ethereum ETH$2,694.46 could provide a common financial network that different agents, apps and companies can use. Instead of every AI company building its own closed payment system, agents could move money… Read More

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