AFL-CIO Opposes Senate Crypto Bill Over Pension Risks

The largest federation of trade unions in the US says it has “serious concerns” about the Senate’s draft bill to regulate crypto, claiming it lacks worker protections and poorly regulates the sector.  The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) opposed the Responsible Financial Innovation Act (RFIA), arguing in a letter to…

BTC Leads Global Crypto Markets With Record ETP inflows

Key takeaways: Bitcoin reached a new all-time high of $126,200, backed by a record $5.67 billion ETP inflows. Fiscal and geopolitical uncertainty have revived the “debasement trade” narrative. Institutional inflows dominate while retail participation continues to decline. Bitcoin (BTC) stormed to a new all-time high of $126,200 on Monday, following one of the strongest weeks…

Forward Industries Launches Solana Validator With $1.6B Staked

Publicly-traded Solana treasury company Forward Industries launched its first institutional-grade validator node on the Solana blockchain as part of its broader strategy to deepen its role within the Solana ecosystem.  The company announced the launch on Tuesday, saying that the validator runs on DoubleZero’s fiber network, which powers the validator and uses Jump Crypto’s Firedancer…

Where Will Bitcoin Bottom Next? Analysis Warns Of $114,000 Dip

Key points: Bitcoin price action stays lower after falling over 4% in hours. Liquidity is already recovering, with short-term volatility increasingly likely as a result. BTC price predictions see a local bottom forming as low as $114,000. Bitcoin (BTC) struggled to reclaim $122,000 on Wednesday as exchange users bet on fresh BTC price volatility. BTC/USD…

Bitcoin to $140K by Month End? Bullish Hopes Remain Even as Tuesday Drop Sends ETH, XRP, SOL Down 5%

Bitcoin is holding around $122,000 in Wednesday’s Asian hours after setting a record high at $126,200 earlier this week, with some market watchers still expecting a surge to a record $140,000 later this month. Economist Timothy Peterson said in an X post Tuesday that bitcoin has a 50% probability of rising to $140,000, citing simulations…

Convertible Note Deals Hit IREN and Kindly MD Stocks

Shares in Bitcoin miner IREN and treasury company Kindly MD have closed with losses on Tuesday after each announced multimillion-dollar convertible note deals amid a slowdown in venture capital activity in the crypto sector. Shares in IREN (IREN) finished Tuesday’s trading session with a gain of 6.81% but dropped 4.9% after the bell to trade…

Ethereum, Small-Cap Correlation Fuels Bullish Rate Cut View

Ethereum has been highly correlated with small-cap equities, which are very sensitive to interest rates, and analysts say both could move higher with more cuts on the horizon. Analysts at macro investor outlet Milk Road said on Tuesday that there is an “almost spooky” correlation between Ether (ETH) and the Russell 2000 Index, which comprises…

AFL-CIO Opposes Senate Crypto Bill Over Pension Risks

The largest federation of trade unions in the US says it has “serious concerns” about the Senate’s draft bill to regulate crypto, claiming it lacks worker protections and poorly regulates the sector.  The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) opposed the Responsible Financial Innovation Act (RFIA), arguing in a letter to…

Bitcoin Falls From New Highs, But Bulls Still Target $150K

Key takeaways: Over $3.5 billion in weekly ETF inflows and a five-year low in exchange balances highlight renewed institutional confidence in Bitcoin. Healthy futures open interest and continuous BTC adoption suggest that traders expect Bitcoin to challenge $150,000 soon. Bitcoin (BTC) saw a 4.2% correction on Tuesday after reaching a $126,219 all-time high the previous…

Canary’s Litecoin, HBAR ETFs Ready to Launch After Shutdown

Asset manager Canary Capital appears to be on the cusp of having its Litecoin and HBAR exchange-traded funds (ETF) approved after filing key final details, but they’re unlikely to launch while the US government is shut down. Canary filed amendments to its Litecoin (LTC) and Hedera (HBAR) spot ETFs on Tuesday, which each added a…