BTC RSI Hits April Lows as Coinbase Premium Turns Red

Key takeaways: The Bitcoin Coinbase Premium flipped red as BTC price dropped below $104,000. Bitcoin’s RSI hit its lowest point since April, hinting at a potential bottom zone. The 200-day EMA support remained crucial as BTC risks short-term capitulation. Bitcoin (BTC) extended its recent decline on Friday, slipping to $103,500 and triggering a notable shift…

Schwab Reports High Crypto Engagement Despite ETF Outflows

Spot Bitcoin exchange-traded funds in the United States have seen more than $1.2 billion in outflows this week, but Charles Schwab is seeing more interest in the products.  The eleven spot Bitcoin ETFs in the US saw an aggregate outflow of $366.6 million on Friday, which rounded off a red week for the asset and…

Astra Nova Raises $48.3M to Grow Web3, AI Entertainment Ecosystem

AI-focused Web3 entertainment and infrastructure firm Astra Nova has raised $48.3 million to grow its suite of tokenized content tools and creator platforms. The funding includes $41.6 million from a recent strategic round and builds on earlier investments led by Outlier Ventures as well as family offices and institutional investors in Saudi Arabia, the United Arab…

Longtime Ethereum Researcher and Developer Dankrad Feist Joins Tempo

Dankrad Feist, a longtime Ethereum developer and researcher at the Ethereum Foundation, announced Friday that he’s joining Tempo, a layer-1 blockchain for payments and stablecoins built by Stripe and Paradigm. Feist said he will remain as a “research adviser” at the Ethereum Foundation to provide input on scaling the layer-1 network, improving user experience (UX),…

Huobi Founder Raises $1B to Buy Ether: Report

Li Lin, the founder of cryptocurrency exchange Huobi and chair of investment company Avenir Capital, has reportedly raised about $1 billion as part of a strategy to invest in Ether. According to a Bloomberg report on Friday, Li has partnered with Fenbushi Capital co-founder Shen Bo, HashKey Group CEO Xiao Feng, and Meitu founder Cai…

Ondo Urges SEC to Delay Nasdaq’s Tokenized Stock Plan

Ondo Finance urged the US Securities and Exchange Commission (SEC) to delay or reject Nasdaq’s proposal to trade tokenized securities, saying it lacks transparency and could give established market players an unfair edge. In a Wednesday letter to the regulator, Ondo — a blockchain company that issues tokenized versions of traditional assets — said regulators…

Public companies hold $110B BTC, but which are profiting from the Bitcoin standard?

Public companies now hold over 1 million Bitcoin worth $110 billion on their balance sheets, but only early adopters with disciplined strategies have seen major gains. Source link

Ondo challenges Nasdaq’s tokenization plan

Today in crypto, Ondo Finance is urging the US SEC to delay or reject Nasdaq’s tokenized securities proposal. Meanwhile, Japan’s top banks are reportedly planning a joint yen-based stablecoin, and more than five new crypto ETFs were filed this week despite the ongoing US government shutdown. Ondo Finance to SEC: Hold off on Nasdaq’s tokenized…

Ondo challenges Nasdaq’s tokenization plan

Today in crypto, Ondo Finance is urging the US SEC to delay or reject Nasdaq’s tokenized securities proposal. Meanwhile, Japan’s top banks are reportedly planning a joint yen-based stablecoin, and more than five new crypto ETFs were filed this week despite the ongoing US government shutdown. Ondo Finance to SEC: Hold off on Nasdaq’s tokenized…

North Korea Hackers Embed Sophisticated Code Exploit in Smart Contracts

North Korean hackers have adopted a method of deploying malware designed to steal crypto and sensitive information by embedding malicious code into smart contracts on public blockchain networks, according to Google’s Threat Intelligence Group. The technique, called “EtherHiding,” emerged in 2023 and is typically used in conjunction with social engineering techniques, such as reaching out…