DeFi Tokens Outperform Bitcoin Amid Market Downturn
DeFi tokens have shown resilience, outperforming Bitcoin during a market downturn, according to Bitwise. This unusual trend highlights a potential shift in the crypto landscape.
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DeFi tokens have shown resilience, outperforming Bitcoin during a market downturn, according to Bitwise. This unusual trend highlights a potential shift in the crypto landscape.
Russia's largest private lender, Alfa-Bank, plans to introduce Bitcoin and crypto trading, custody, and a digital depository, pending new regulations.
Singapore's Temasek investment fund will exit crypto investments to focus on AI, planning to increase AI holdings to 15% of its portfolio by 2031.
XRP struggles to maintain its position above the $1 mark as market volatility increases, with trading volume failing to support a breakout.
India's tax department reveals that less than 25% of crypto traders reported transactions on tax returns, prompting calls for stricter measures.
The MiCA regulation deadline has passed, requiring EU crypto firms to comply with new standards or face exit. Hundreds of companies are affected.
Ethereum's price is experiencing a downward trend, risking a drop below key support levels as the broader crypto market undergoes a correction.
Bitmine has increased its Ethereum holdings by purchasing an additional 42,000 ETH, bringing its total to nearly 5% of the entire supply.
The SEC has approved the first actively managed crypto ETF, including Bitcoin, Ethereum, and XRP on its eligible asset list.
Tether has announced a $20 million investment in Mercado Bitcoin to enhance on-chain financial infrastructure in Latin America, focusing on expanding blockchain capabilities.
Ripple has obtained a full MiCA CASP license in Luxembourg, allowing it to expand its crypto services across 30 European markets.
Citi has reduced its price targets for Bitcoin and Ether as ETF outflows hit record levels, with Bitcoin now projected at $82K and Ether at $2,240.