Bitcoin Distribution Ends: Mid-Cycle Pause Or Start Of A Longer Bear Market?
Bitcoin has faced persistent selling pressure since October, when the price reversed sharply after reaching an all-time high near $125,000. Within weeks, the market dropped toward the $60,000 region, triggering a broad shift in sentiment from late-cycle optimism to defensive positioning. While volatility is not unusual after strong rallies,...
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Bitwise files for prediction market-backed ETFs under “PredictionShares” brand name
Bitwise Asset Management has filed with regulators to launch a new line of exchange-traded funds tied to political prediction markets, marking its latest push into alternative investment products. The filing was disclosed by Bloomberg ETF analyst James Seyffart, who shared…...
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Grayscale Says XRP Is Second Most Talked-About Asset After Bitcoin
The crypto market may be in a bear season now, but some assets are in the spotlight, thanks to their strong communities. One such cryptocurrency is XRP, the native asset of the XRP Ledger (XRPL), otherwise known as the Ripple Network. Recent data from the asset management giant Grayscale...
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BlackRock, Coinbase to keep 18% of ETH ETF staking revenue
BlackRock and Coinbase plan to take an 18% share of staking rewards from BlackRock’s proposed Ethereum staking exchange-traded fund, according to an updated regulatory filing. The firms disclosed the fee structure in an amended S-1 filing with the U.S. Securities…...
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Polymarket Launches Bets Linked To Lunar New Year, Reportedly Hires Mandarin-Speaking Staff To Court China’s Punters
Cryptocurrency-based prediction platform Polymarket is looking to penetrate the Chinese market, despite the country’s stringent prohibitions on online gambling. Polymarket Targets Asian Giant For Growth Polymarket has recruited Mandarin-speaking employees and is offering bets related to the Lunar New Year to appeal to Chinese users, reported Rest of World, a technology-focused publication....
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XRP Emerges As Rotation Target As Investors Exit Bitcoin And Ethereum
XRP’s bearish price action extends, capping off brief upward attempts and keeping the token well below the $2 level. Even with ongoing waning price action, the altcoin continues to attract a notable wave of capital ahead of Bitcoin and Ethereum, the two leading cryptocurrency assets. Investors Rotate Out Of...
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Zora launches Solana-based “attention markets” platform
Zora has launched a new product called “attention markets” on the Solana blockchain, expanding its platform beyond its earlier focus on NFTs and Ethereum-based infrastructure. The rollout took place on Feb. 17, publicly announced by both Zora and Solana. The…...
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Bitcoin, Ethereum, XRP, Dogecoin Slide Ahead Of Fed Meeting Minutes: Analyst Says BTC In An Area Where They’d ‘Fancy’ Buying Some
Leading cryptocurrencies tumbled, while stocks closed higher on Tuesday, as investors awaited the Federal Reserve’s minutes from January’s policy meeting. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 8:30 p.m. ET) Bitcoin (CRYPTO: BTC) -2.66% $67,011.90 Ethereum (CRYPTO: ETH) -1.34% $1.973.18 XRP (CRYPTO: XRP) -1.18% $1.46 Solana (CRYPTO: SOL) -3.00%...
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Michael Saylor Calls Current Crypto Winter Mild, Predicts Spring Is In The Air Followed By A ‘Glorious’ Summer
Strategy Inc. (NASDAQ:MSTR) Executive Chair Michael Saylor said Tuesday that the ongoing “crypto winter” feels milder than past ones and will soon give way to a spring followed by a “glorious summer.” Saylor’s Not Losing Sleep Over ‘Crypto Winter’ During an interview with Fox Business, Saylor responded to a question about the...
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White House considers new talks with crypto firms and banks on stablecoin yield
The potential talks could shape the future of crypto regulation, impacting market dynamics and competitive balance between banks and crypto firms. The post White House considers new talks with crypto firms and banks on stablecoin yield appeared first on Crypto Briefing....
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