Business

The FTX bankruptcy estate has contested the recently announced sale of FTX EU to Backpack, the cryptocurrency exchange and wallet company founded by former FTX and Alameda employees. The FTX estate said Backpack “has no involvement whatsoever in the U.S. Bankruptcy Court-approved process for the return of funds to any FTX customers and other creditors,” […]

Shifting regulatory tides in the US and favorable price action could set XRP up for a 40% move higher in the near term. Since hitting highs near $2.9 in early December, payments-focused cryptocurrency XRP has lost steam to carve out what’s known as a “descending triangle” pattern in technical analysis. It is identified by a

Investors withdrew significant amounts from US-listed spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) on Wednesday, as macroeconomic uncertainty cast a shadow over the cryptocurrencies’ price outlook. Eleven bitcoin ETFs recorded a combined net outflow of $582 million, marking the second-largest total since these alternative investment vehicles began trading a year ago, according to

Cardano’s ADA led losses among crypto majors on Thursday as bitcoin’s weakness showed no sign of stopping, putting any chance of a rally in altcoins on hold. Bitcoin (BTC) fell to nearly $93,000 on Wednesday as fresh economic data sent US Treasuries soaring, leading to a drop in stocks. The latest report from the Institute

Pakinomist – After coming back below the psychological $100,000 threshold, investors have been wondering if this is a short-term drop or a more significant change in the market. Right now, Bitcoin is trading at around $95,933, down 1.04% from the previous day. After a robust rally that nearly brought Bitcoin to its all-time high, there

Palo Alto, USA, January 9, 2025, Pakinomist The story leverages Stability AI open models to connect creators and developers, pushing open source AI innovation The story of the world’s intellectual property blockchain has announced its use of Stability AI’s breakthrough models to usher in a new era of open source AI development, empowering contributors –

Coinbase Inc. (COIN) is warning clients that a U.S. regulator is seeking information about interactions with prediction market firm Polymarket, according to a person familiar with the situation, and Coinbase has sent messages to clients saying the exchange may have to share that data. Copies of emails shared with some clients have been circulated on

Pakinomist– Bitcoin fell on Thursday, extending a streak of steep losses as risk appetite was rattled by hawkish signals from the Federal Reserve, while the prospect of a U.S. government coin sale also weighed. At 07:30 ET (12:30 GMT), it fell 1.2% to $93,775.0, after falling as low as $92,540.0 earlier in the session. The

To the outside world, bitcoin (BTC) dropping $10,000 to $92,000 in a matter of days could signal the end of the bull run. A caveat to this could be that bitcoin continues to consolidate below a key psychological threshold of $100,000. Unconfirmed reports from DB News suggest that the Department of Justice (DOJ) has been

Utrecht, The Netherlands, 9 January 2025, Pakinomist Nexera announces the launch of its Layer 1 blockchain purpose-built to meet the demands of institutional on-chain capital markets. By embedding compliance, interoperability and scalability at its core, Nexera Chain provides a comprehensive solution for real-world asset tokenization that bridges the gap between traditional and decentralized finance. This