XRP Sentiment Hits Fear Zone, But May Signal Rally

Social sentiment toward XRP has tanked into the “fear zone,” but the intelligence platform Santiment says a similar drop has led the token rallying. Santiment said on Thursday that its social data is showing that XRP (XRP) is seeing “the most fear, uncertainty, and doubt (FUD) since October.” “The last time we saw near this…

Ex-Signature Bank Executives Launch Blockchain Bank N3XT

A group of former executives from the collapsed crypto-friendly Signature Bank has launched a new blockchain-based, state-chartered bank called N3XT, with the goal of enabling instant 24-hour payments. N3XT said on Thursday that it aims to settle payments instantly at any time using a private blockchain and offers programmable payments through smart contracts. The company…

Debunking The Yen Carry Trade Unwind Alarms

With the Bank of Japan (BOJ) expected to hike rates next week, some observers are worried that the Japanese yen could surge, triggering an unwinding of “carry trades,” crushing bitcoin. Their analysis, however, overlooks actual positioning in the FX and bond markets, missing the nuance and far more likely risk that Japanese yields, by anchoring…

Ether Exchange Balances Hit Record Low Amid Supply Squeeze

The amount of Ether stored on centralized crypto exchanges is at an unprecedented low, which could result in a supply squeeze, say analysts.  Ether (ETH) exchange balances fell to 8.7% on Thursday last week, the lowest they have been since the network launched in mid-2015. The amount of the asset held on exchanges remained low…

CFTC Greenlights Spot Crypto Trading on US Exchanges

The US Commodity Futures Trading Commission has given approval for spot cryptocurrency products to trade on federally regulated futures exchanges. In a Thursday notice, Acting CFTC Chair Caroline Pham said the move was in response to policy directives from US President Donald Trump. She added that the approval followed recommendations by the President’s Working Group…

Bitcoin Buries The Tulip Myth After 17 Years: Balchunas

Bitcoin can no longer be compared to the “Tulip Bubble” due to its endurance and resilience over the years, according to Eric Balchunas, Bloomberg’s exchange-traded fund expert. “I personally would not compare Bitcoin to tulips, no matter how bad the sell-off,” said the senior ETF analyst on Sunday.  Balchunas pointed out that the tulip market…

Strategy’s ‘Unicorn’ Pattern Signals Potential 50% MSTR Stock Rebound

Strategy’s stock MSTR printed one of the rarest bullish reversal signals in technical analysis, the “Abandoned Baby,” on its daily chart, hinting that a brutal downtrend may be running out of steam. Key takeaways MSTR daily chart. Source: X How high can MSTR go after printing the pattern? Let’s examine. Why is Abandoned Baby turning…

Crypto Interest Drops Among Investors as Risk-Taking Declines

US investors are not considering buying crypto as much as they used to, as risk-taking behavior has dropped, according to a study from the Financial Industry Regulatory Authority. The percentage of crypto investors was unchanged between 2021 and 2024 at 27%, but the number of investors considering either purchasing more or buying for the first…

Prysm Bug Knocks Ethereum Consensus Participation After Fusaka

Shortly after the Fusaka network upgrade, the Ethereum network saw a sharp drop in validator participation after a bug in the Prysm consensus client knocked a chunk of votes offline. According to a Thursday Prysm announcement, version v7.0.0 of the client unnecessarily generated old states while processing outdated attestations, a flaw that Prysm core developer…

Bitmine Buys $199M ETH as Smart Money Traders Short ETH

BitMine Immersion Technologies, the world’s largest corporate Ether holder, continues buying the dip, despite the industry’s most successful traders betting on Ethereum’s price fall. BitMine acquired $199 million worth of Ether (ETH) during the past two days, through a $68 million ETH acquisition on Saturday and another $130.7 million buy on Friday, according to blockchain data…