Business

BONK Inches higher in tight trading range as volume spikes at resistance

BONK rose 1.1% over the past 24 hours to $0.00000988, trading within a narrow band as the Solana-based meme token continued its consolidation phase. Price action respected well-defined technical boundaries, with the session oscillating between firm support near $0.00000980 and repeated resistance tests around $0.00001020, according to CoinDesk Research’s technical analysis data model. Activity briefly […]

BONK Inches higher in tight trading range as volume spikes at resistance Read More »

Meta plans 30% cut to Metaverse budget in 2026 as reality bites: Bloomberg

Meta (META) may be retreating even further from the metaverse it once staked its future on. Executives are discussing budget cuts of up to 30% in the company’s metaverse division by 2026, according to a Bloomberg report citing people familiar with the talks. The device includes Horizon Worlds, Meta’s social virtual reality (VR) platform, and

Meta plans 30% cut to Metaverse budget in 2026 as reality bites: Bloomberg Read More »

Ex-Signature Bank Execs Launch Blockchain Powered N3XT Bank Backed by Paradigm, Winklevoss

A group of former executives of Signature Bank, the crypto-friendly bank that closed in March 2023, announced on Thursday the launch of a new blockchain-powered, full-reserve bank that aims to offer programmable payments in US dollars. Dubbed N3XT, the bank operates under a Wyoming Special Purpose Depository Institution (SPDI) charter, settles payments instantly using a

Ex-Signature Bank Execs Launch Blockchain Powered N3XT Bank Backed by Paradigm, Winklevoss Read More »

XRP, HBAR, ZEC Lead Thursday’s decline, but alts could be ready to rally

Bitcoin BTC$92,253.06 reversed its overnight gain to $94,000, falling back to $92,000 during US hours on Thursday, continuing choppy rangebound action after the wild first moves lower than higher earlier in the week. Ethereum’s Ether ETH$3,194.78 held up relatively well, down just 0.7% on the day and changing hands above $3,100 in the afternoon hours.

XRP, HBAR, ZEC Lead Thursday’s decline, but alts could be ready to rally Read More »

Wall Street Heavyweights Back Builder of Canton, a Network Supporting $6T Onchain Assets

Digital Asset, the blockchain firm behind Canton Network (CC), said Thursday it has secured strategic investments from four major traditional financial players as Wall Street’s crypto embrace continues. The investors in this round were BNY, a financial services firm that oversees $57 trillion in client assets, exchange operator Nasdaq, financial intelligence firm S&P Global and

Wall Street Heavyweights Back Builder of Canton, a Network Supporting $6T Onchain Assets Read More »

Christopher Harborne donates $12 million to Nigel Farage-led Reform Party

A cryptocurrency investor has made a 9 million pound ($12 million) donation to the British political party Reform, according to a filing with the Electoral Commission on Thursday. The donation by Christopher Harborne, a Thailand-based entrepreneur who has invested in stablecoin issuer Tether and crypto exchange Bitfinex, has been described by various outlets as the

Christopher Harborne donates $12 million to Nigel Farage-led Reform Party Read More »

Coinbase, Chainlink Introduce Base-Solana Bridge to Connect Ecosystems

A new bridge connecting Base, the layer 2 incubated by Coinbase, and the Solana blockchain is now live on the mainnet, giving users and developers a way to move assets directly between the two ecosystems. Secured by Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Coinbase, the Base-Solana bridge enables the trading and use of Solana-based tokens,

Coinbase, Chainlink Introduce Base-Solana Bridge to Connect Ecosystems Read More »

BTC’s negative correlation with the Nasdaq continues and history suggests a bottom may be forming

Bitcoin BTC$92,485.99 is again behaving differently from the traditional risk asset complex, and the recent divergence may send an important signal.Negative correlation between bitcoin and the Nasdaq 100 has often been in line with market bottoms for bitcoin, and the current setup is similar to several previous turning points. This is now the fourth time

BTC’s negative correlation with the Nasdaq continues and history suggests a bottom may be forming Read More »

BNB nears $910 as volume jumps 68%, signals rising interest near resistance zone

BNB rose to $908 over the last 24-hour period, up 1.44% for the period, as an increase in trading volume suggests that large investors may be accumulating the token in a consolidation phase. Volume surged 68% above average, peaking at 86,436 tokens in a single hour as BNB tested a key resistance cluster between $920

BNB nears $910 as volume jumps 68%, signals rising interest near resistance zone Read More »

Scroll to Top