Ark Invest Snaps Up Millions in Crypto Stocks as Prices Dip When the crypto market takes a nosedive, some investors run for cover. Not Ark Invest. The firm, led by high-profile fund manager Cathie Wood, made a bold move on November 25, scooping up $7.6 million in shares of Circle and another $1.5 million in…
Asia’s AI and Crypto Boom Hits Sudden Turbulence Asia woke up this morning riding high on the waves of yesterday’s Amazon-fueled market optimism, but the party may be losing steam. Investors who thought the AI and Bitcoin (BTC) rally—supercharged by tech giants like Nvidia—would keep soaring are now rethinking their bets. The sudden dip in…
Texas Dips Its Toes Into Bitcoin: Is This the Start of State-Backed Crypto Reserves? Everything is bigger in Texas, including ambitions for the future of money. The Lone Star State just took a groundbreaking step by purchasing $5 million worth of Bitcoin ETFs, marking the first significant move toward creating a government-backed crypto reserve in…
Stellar Rockets Past $0.2460: What’s Fueling the Frenzy? Stellar (XLM) just made a bold move, smashing through the critical $0.2460 resistance and turning heads across the crypto market. The catalyst? A noticeable surge in institutional interest, with large players steadily accumulating XLM above the seven-day trading average. The uptick in volume signals that the so-called…
Paxos Snaps Up Fordefi to Supercharge Crypto Custody Services Paxos just made a power play in the world of institutional crypto with its acquisition of Fordefi, a rising star in the crypto wallet space. This strategic move is designed to help Paxos capitalize on the surging demand from major players looking for secure, on-chain asset…
Bitcoin Roars Back, Altcoins Join the Party If you blinked, you might have missed it—Bitcoin blasted back above $87,000 on Tuesday, pulling many altcoins along for the ride. Fueled by a wave of renewed risk appetite and a booming session in the traditional equities market, digital assets rallied across the board. Investors who have been…
Japan’s Financial Watchdog Ups the Stakes for Crypto Exchanges Japan is taking crypto security to the next level. The Financial Services Agency (FSA), Japan’s powerful financial regulator, is planning to require all digital asset exchanges in the country to hold liability reserves. This move is designed to boost user protection and safeguard customers’ funds in…
Bitcoin Finds Its Footing as Traders Bet on a Fed Pivot Bitcoin’s wild ride is taking a breather as new signals from the U.S. Federal Reserve inject a dose of calm into the crypto markets. With traders on platforms like Polymarket increasingly betting on a potential interest rate cut in December, there’s a renewed sense…
Bitcoin Smashes $89K—But Can the Rally Last? Crypto markets are heating up again as Bitcoin roars past the $89,000 mark, sparking excitement among traders and fueling a powerful rebound for altcoins like XRP and SUI. After a period of uncertainty, digital assets are proving their resilience, with investors flocking back to the market on hopes…
CME Crypto Futures Shatter Volume Records as Wall Street Takes the Plunge The crypto world just witnessed an explosive milestone—CME Group’s crypto futures contracts have reached record-breaking volumes, with average daily activity skyrocketing by a staggering 132% over the past year. Open interest, or the total number of outstanding contracts, has also surged by 82%,…
