European stocks are seen opening on a mixed note Thursday as investors await interest-rate decisions from the Swiss National Bank and the European Central Bank. Both are expected to reduce interest rates, with markets weighing the prospects of half-point and a 25-bps cut, respectively. Late on Wednesday, Brazils central bank increased the benchmark interest rate...
Chris McCann transitioned from StartupDigest to Race Capital, becoming an early investor in Solana’s blockchain infrastructure.McCann emphasizes community building and strategic risk-taking as key to blockchain innovation and growth. Chris McCann certainly never expected that one day in 2009, his technological adventure would take him to become one of the key figures behind the success...
Despite market volatility and inflation concerns, XRP and XLM gained over 10 percent this week.XRP’s network added 200,000 new wallets after former SEC Chair Gary Gensler’s departure. The crypto market experienced temporary violent swings due to the last US Consumer Price Index (CPI) release. However, certain tokens, including Ripple (XRP) and Stellar (XLM), held their...
Bitcoin’s exchange inflows hit a 5-year high, signaling potential market shifts as whale activity may precede a price rally.The surge in active addresses aligns with Bitcoin’s price rise, suggesting growing market interest could drive further momentum. Bitcoin’s exchange inflows have reached their highest point in five years, raising a possible shift in the crypto market....
The push for more Bitcoin products for institutions is growing as Avalon Labs mulls new Debt Fund.Avalon Labs plots a Bitcoin fund under the US SEC Regulation A framework. Amid a rising retail and institutional interest in crypto, Avalon Labs has revealed plans to launch the industry’s first Bitcoin-backed debt public fund. With this move,...
Bitcoin ETFs are absorbing liquidity, reducing capital rotation into altcoins, and weakening the traditional altcoin season cycle.Institutional investors prefer Bitcoin ETFs, keeping funds in traditional markets instead of reinvesting in altcoins. Bitcoin ETFs are reshaping the cryptocurrency market, altering the traditional capital flow that once fueled altcoin season. Crypto analyst Miles Deutscher suggests that the...
Pi Network’s 78% price surge is based on IOU valuations, with real market impact expected post-listing.Despite the rally, weakening technical indicators suggest a potential price correction after the Open Network launch. In line with Pi Network’s ongoing challenges, the project has continued to face listing headwinds within seven days of its mainnet launch. As CNF...
Charles Hoskinson sees a promising future for crypto under new U.S. policies, emphasizing pro-crypto regulations and market stability.Cardano’s ecosystem is set to grow with advanced blockchain tools, AI integration, and a focus on privacy through the Midnight protocol. In a recent broadcast, Charles Hoskinson, the founder of Cardano, conveyed a positive outlook regarding the future...
Metaplanet raised 4B JPY in zero-interest bonds to expand its Bitcoin holdings, aiming for 21,000 BTC by 2026.As more institutions adopt Bitcoin as a reserve asset, BTC’s role as a global store of value continues to strengthen. According to Japan’s Metaplanet announcement on a new campaign to raise $745 million, a recent CNF report highlighted...
The latest report shared by VanEck’s head of digital assets research highlights the details of the Bitcoin reserve proposals introduced by 20 US states. According to him, the approval of all bills could see at least $23 billion entering the crypto market. A report posted by the head of digital assets research at VanEck, Matthew Sigel,...