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ETH’s technical and on-chain indicators point toward further downside, but there is a silver lining.
Wednesday’s Federal Reserve likely decision to raise the interest rate 25 basis points appears to be priced into crypto markets
Lending platform Maker’s governance tokens soared to near one-year high prices last week prior to the sales.
Dogecoin price hits a two-month high amid speculations that Twitter’s rebrand to X would add a DOGE payment option.
Bitcoin is down to one-month lows, and BTC price predictions are tending to assume worse is to come — how much lower can bears manage?
PLUS: BTC's positive vibes may be waning as outflows from BTC investment products rose for the first time in weeks. But mining is in a better state than it was a year ago.
The U.S. central bank has been telegraphing its intent to renew rate hikes for weeks. ThePersonal Consumption Expenditures report arrives Friday, but cryptos and other risk-on assets have been largely immune to macro events.
Bitcoin-related funds saw outflows of $13 million over the past week, reversing five weeks of bullish inflows, according to Coinshares analyst James Butterfill.
Digital asset investment products recorded outflows last week for the first time since mid-June, CoinShares reported.
Regulatory uncertainty surrounding Binance, the largest crypto exchange, tends to weigh on crypto prices.
- 06:50USDT Market Cap Reaches $149 Billion, Surpassing Qualcomm and Charles SchwabStablecoin issuer Tether CEO Paolo Ardoino posted data on the X platform showing that USDT's market value reached $149 billion, setting a new historical high, surpassing tech giant Qualcomm and financial giant Charles Schwab to rise to 119th place in global market value rankings. Notably, USDT's market value reached $146 billion on April 24 and $147 billion on April 25, indicating an increase of over $3 billion in about a week.
- 06:49Trump urges American business students to work in workshops instead of always thinking about financial speculationAt a university graduation ceremony, U.S. President Trump advised business students to work in factories and workshops, suggesting they "lay bricks" instead of constantly thinking about financial speculation. He told business students not to use their talents solely for financial speculation, but to apply their learned and mastered skills in America's new factories, workshops, shipyards, and even in the city constructions rising across the country. He emphasized making tangible efforts like forging steel and pouring concrete, rather than just building a strong investment portfolio.
- 06:48Aztec has launched a public testnetMay 2 news, Aztec, a privacy and scaling solution based on ZK Rollup, announced on social media that it has launched a public testnet.