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Pakinomist– Bitcoin fell on Friday and was set for steep losses this week as heightened concerns over slower U.S. interest rate cuts and potential government coin sales eroded sentiment toward the crypto. Crypto markets also largely tracked a decline in broader risk-driven markets as traders turned to safe havens like gold and the dollar amid […]

Bitcoin (BTC) erased all of its early 2025 gains on Wednesday as macro turmoil and the global bond exchange accelerated the selloff in crypto prices. The biggest crypto fell to a session low of $92,600 in US trading hours, down nearly 10% in two days from Monday’s peak above $102,000. It has recovered some of

Already the biggest gainer among major cryptos since November’s US presidential election, Ripple’s XRP fared even more on Wednesday after Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty dined with President-elect Donald Trump. “Great dinner last night … Strong start to 2025,” Garlinghouse wrote on X, along with a photo of him and

Solana is ramping up testing of Firedancer, the long-awaited software upgrade that promises to significantly increase blockchain’s processing speed. By the end of this week, Solana’s core developers want a “supermajority” of the processing power on the chain’s low-stakes test network to be running Frankendancer, an early version of Firedancer, according to messages in Solana’s

Welcome to the protocolCoinDesk’s weekly roundup of the top stories in cryptocurrency technology development. I’m Ben Schiller, CoinDesk’s features and opinion editor. In this issue: HyperLiquid responds to criticism over decentralization StarkWare launches appchains on Starknet Arbitrum deepens ties with South Korea’s Lotte Group Do Kwon’s criminal trial is set for 2026 Pyth Network partners

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