Author: driver789

Crypto investment products recorded their first weekly inflows since January, snapping a five-week outflow streak totaling roughly $4 billion.Crypto exchange-traded products (ETPs) attracted $1 billion last week, led by $882 million into Bitcoin (BTC) funds, according to a Monday report from CoinShares.“From a macro standpoint, it is difficult to attribute the shift in sentiment to a single catalyst,” said James Butterfill, CoinShares’ head of research.He said the reversal likely reflected prior price weakness, a break below key technical levels and renewed accumulation by large Bitcoin holders.“At a more anecdotal level, recent client discussions have been almost entirely focused on identifying…

Sony Bank said it has signed a memorandum of understanding with stablecoin issuer JPYC Inc. to study whether the Japanese yen-pegged stablecoin JPYC can be connected more directly to the bank’s deposit rails.In a statement Monday, the companies said they will study real-time account transfers that would allow users to purchase JPYC instantly from their Sony Bank accounts through the JPYC EX platform, eliminating the need for manual bank transfers. Sony Bank said its Web3-focused subsidiary, BlockBloom, will play a central role in designing how the bank link, stablecoin rails and potential consumer services would work in practice.The agreement comes as…

Bitcoin BTC$66 352,16 is trading near $66,500 after adding 1.1% since midnight UTC and more than 5% from the weekend low of $63,000.The crypto market is back in the middle of a trading range that has persisted since the start of February, with a volatile past week testing $70,000 to the upside and $62,500 to the downside.Weekend price action was driven by the military strikes that killed Iran’s Supreme Leader Ayatollah Khamenei, triggering retaliatory attacks and raising concerns about potential disruption to traffic in the Strait of Hormuz.According to trading firm QCP, the strike sparked roughly $300 million in long liquidations…

Ethereum price dips about 1–2% near $1.95k, nearing a 7‑month losing streak as whales trim holdings on macro pressure. Summary ETH trades around $1.94k–$1.97k today, down roughly 1–2% in 24h, with 24h volume near $21–23b and a 24h range around $1.94k–$2.06k. Coinglass‑based data show ETH has logged six straight monthly declines, its longest losing streak since 2018, and has closed lower in 12 of the past 15 months. On‑chain data highlight selling from 100k–1m ETH wallets over 90 days while RSI sits in historically oversold territory and funding plus open interest have normalized, suggesting reduced leverage risk into key support.…

Crypto analyst Pure has indicated that the blood moon could be having an impact on the trajectory of the Bitcoin price. The analyst drew attention to historical trends, suggesting this might be the case and that a rally above $100,000 may be on the cards.  A Bitcoin Price Rally Above $100,000 May Be On The Cards In an X post, Pure drew attention to a potential correlation between the Blood Moons over the last 12 years and the Bitcoin price action. Based on this, the analyst’s chart suggested that BTC could still rally above $100,000 soon enough, potentially reaching the…

Qivalis, a consortium of major European banks, is in advanced talks with crypto exchanges and liquidity firms to distribute its planned euro-pegged stablecoin, Spanish business newspaper Cinco Días reported Monday.The group, including banks such as ING, UniCredit, and the recent addition of BBVA, is moving toward the launch of a stablecoin in the second half of 2026, Cinco Días reported.The consortium is now reportedly in advanced discussions with crypto exchanges, market makers and liquidity providers. The shareholder banks themselves will also be able to distribute the stablecoin.The news comes months after the banks first announced the consortium in September 2025…

Bitcoin BTC$66,227.89 pulled back from Asian session highs alongside losses in the U.S. stock futures as Iran stepped up attacks in the Middle East, reportedly hitting an oil refinery in Saudi Arabia. The leading cryptocurrency fell back below $66,000 after hitting a high of nearly $67,000 in early Asian hours. The S&P 500 e-mini futures fell to 6,790, down 1.4% on the day, reversing the early rise to 6,857. Meanwhile, oil prices continued to trade higher by over 7% on both sides of the Atlantic.Iran reportedly stepped up missile attacks on the U.S. assets in Bahrain, Kuwait and the UAE,…

Bitcoin saw its price crash toward $60,000 last week, and naturally, investor sentiment took a plunge with it. Now, while the sentiment has been in a decline for the better part of five months, what stands out this time is how low the score on the Bitcoin Fear & Greed Index has gotten. In fact, the sentiment surrounding the crypto market has dropped so low that it has gotten to a point that has only been hit twice in the history of Bitcoin. Bitcoin Fear & Greed Index Crashes To 9 Since hitting its all-time high of $126,000 back in August…

Bitcoin could benefit if artificial intelligence disrupts labor markets or creates volatility that prompts central banks to ease monetary policy, according to Greg Cipolaro, research lead at crypto services firm NYDIG.Cipolaro said in a research note on Friday that AI may prove to be a “general-purpose technology” such as electricity, and the macroeconomic effects it would have on employment, economic growth and risk appetite will affect Bitcoin (BTC).“If AI-driven growth occurs alongside expanding liquidity and contained real rates, that backdrop can be supportive for Bitcoin,” Cipolaro said. “But if stronger growth lifts real yields, tightens policy, and reduces the need…

Magic Edin is shifting resources from NFTs to its casino platform Dicey, after a closed beta saw $15 million wagered by around 200 users in two months.Solana-based nonfungible token (NFT) marketplace Magic Eden is winding down its support for Bitcoin and Ethereum to double down on its upcoming online casino and sportsbook, Dicey.  Magic Eden CEO and co-founder Jack Lu said in an X post on Friday that it is winding down support for its Ethereum Virtual Machine and Bitcoin-based Runes and Ordinals marketplaces on March 9, followed by its Bitcoin API on March 27, and its crypto wallet on April…