The US dollar held steady on Wednesday after recording its steepest decline in over three weeks in yesterday’s session. On the other hand, gold prices have declined against the backdrop of a cooling investment spree, buoyed by the improving China-US trade relationship. In the crypto market, Bitcoin’s Fear and Greed Index is up six points … Read more
Bitcoin ETFs broke their four-day inflow streak with a $96 million outflow led by Fidelity’s FBTC. Meanwhile, ether ETFs notched a solid $13.37 million inflow, marking their best daily performance in recent sessions. Fidelity-Led Exit Ends Bitcoin ETF Inflow Run as Ether ETFs Rally With $13 Million Bump After four consecutive days of green, bitcoin … Read more
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An artificial intelligence training image data set developed by decentralized AI solution provider OORT saw considerable success on Google’s platform Kaggle. OORT’s Diverse Tools Kaggle data set listing was released in early April; since then, it has climbed to the first page in multiple categories. Kaggle is a Google-owned online platform for data science and machine learning … Read more
Key Notes UBS reports a growing shift by high-net-worth clients toward crypto, gold, and Chinese assets.The shrinking Korea Premium signals institutional investors are now leading the Bitcoin rally.Analyst forecasts a potential surge to $120,000 by May-end, tracking global money supply trends. UBS Group’s Co-Head of Wealth Management for Asia, Amy Lo, has revealed a notable … Read more
Westport Innovations came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.47. This compares to loss of $0.79 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 70.21%. A quarter ago, it was expected … Read more
Bitcoin’s fluctuating correlation with US equities is raising questions about its role as a global safe-haven asset during periods of financial stress. Bitcoin (BTC) exhibited a strong negative correlation with the US stock market when analyzing the short-term, seven-day trailing correlation, according to new research from blockchain data provider RedStone Oracles, shared exclusively with Cointelegraph. … Read more
Key Points: A large SOL holder staked $28.37M, affecting market liquidity. Whale activity could reduce SOL availability on exchanges. Potential impact on Solana’s market dynamics and security. A cryptocurrency whale has withdrawn 167,500 SOL tokens, valued at approximately $28.37 million, for staking purposes from the FalconX platform, as monitored by Onchain Lens. This action represents … Read more
Key takeaways Fake crypto investment platforms give themselves away in a few obvious ways. Many use fake reviews, incorrect contact information and unrealistic promises to lure you in. The best approach is a healthy dose of skepticism. Watching for these red flags will keep you safe while investing. The burgeoning cryptocurrency market, with its lack … Read more
GFO-X announced the successful launch of its UK regulated trading venue for centrally cleared digital asset derivatives. This venue aims to meet the growing institutional demand for compliant crypto futures and options. The first institutional trade was executed between Virtu Financial and IMC, marking a significant milestone in the evolution of institutional-grade digital asset markets. … Read more