Avalanche spot ETFs have extended their zero net inflows streak to 16 days. The AVAX token has traded lower amid the laggard ETF market. If bulls flip the picture, AVAX could target $16 and then $20 in the next leg up. Avalanche (AVAX) price faces downward pressure near $9.00 as its spot exchange-traded funds (ETFs)…
Homepage > News > Business > For stablecoins to grow, baby boomers must die Stablecoin adoption will soar once the last Grateful Dead fan is in the ground, and European bankers want to collectively plunge a dagger into the heart of dollar-backed stablecoin interlopers. This week, blockchain analytics firm Chainalysis projected that ‘adjusted’ stablecoin volume…
Cryptocurrencies now fall under Japan’s securities-style financial laws. Insider trading rules and stricter disclosures will apply. Lower taxes may boost investor and institutional participation. Japan has taken a major step in reshaping how it treats cryptocurrencies. A new bill approved by the government moves cryptocurrencies into the category of financial assets, placing them closer to…
Hyperliquid whales are back Hyperliquid ready for another round Due to obvious whale-driven accumulation taking place behind the scenes, Hyperliquid’s native token HYPE is once again relevant. Whales are positioning for a continuation rather than an exit, despite the fact that the price has already demonstrated a strong recovery from local lows. Hyperliquid whales are…
President Donald Trump has shared an image on Truth Social promoting the cryptocurrency gambling site Stake. The AI-generated image shows President Trump and Dana White, the CEO of the UFC, standing in front of an octagon on the White House lawn. In the bottom right corner of the image is a Stake logo. The image…
Banking giant Goldman Sachs is now bullish on a sector that has recently underperformed the broader market. A team of analysts led by Peter Oppenheimer, chief global equity strategist at Goldman Sachs Research, are predicting a massive rally for tech stocks, reports MarketWatch. Say Goldman’s analysts, “Globally, the IT sector now has a P/E (Price-to-Earnings)…
Homepage > News > Business > China orders Apple to take down Jack Dorsey’s Bitchat Apple (NASDAQ: AAPL) has removed Bitchat, the decentralized messaging app created by co-founder and former Twitter CEO Jack Dorsey, from its China App Store “because it includes content that is illegal in China.” On April 6, Dorsey posted on X…
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Long-term Bitcoin whales sold US$271 million in BTC on Sunday, the largest single wave of OG selling since a US$280 million dump in January that triggered a 13% correction from US$90,000 to US$78,700. Despite the sell-off, Glassnode data shows long-term holder net positions swung from -152,000 BTC in February to +88,000 BTC by April 9,…
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