The US Senate is set to take up broad digital asset market structure legislation next week, with a vote expected on Thursday, according to Senator Tim Scott. The House bill, known as the Digital Asset Market Clarity Act, has received a Senate counterpart, which they call the Responsible Financial Innovation Act, to create a single
Bitcoin price retreated to the important support level at $90,000 on Thursday, erasing most of the gains made in the initial days of the year. It has retreated by over 4% and continues to underperform other popular assets like gold and the stock market. Still, analysts are optimistic that the coin has more upside this
US spot XRP exchange-traded funds recorded their first day of net outflows on Wednesday, snapping a 36-day streak during which the products had avoided any daily redemptions, according to data from SoSoValue. The reversal comes amid renewed pressure across major crypto exchange-traded products as the new year gets underway. The five US-listed XRP ETFs posted
Bitcoin and Ethereum holders just got a cleaner way to access cash without selling. Nexo announced the launch of Zero-interest Credit (ZiC) on Thursday, a new borrowing product that charges zero percent interest and zero fees. What makes this different? Borrowers know exactly when they need to repay from day one, and the loan cannot
The crypto market remained on edge on Friday as traders waited for the upcoming US non-farm payrolls (NFP) data. These numbers will provide more information about the state of the economy and what to expect from the Federal Reserve. This article provides a forecast for some popular tokens like Maple Finance (SYRUP), Tezos (XTZ), and
After failing to breach the $94,500 resistance zone, Bitcoin price pulled back towards a key support level as macro conditions and a lack of demand have taken their toll on risk appetite, particularly as sticky inflation data dampens hopes for further aggressive rate cuts. The shift in sentiment is visible across the Fear and Greed
Polygon price has slumped for two consecutive days, moving from a high of $0.1860 on Saturday to the current $0.1520. It has dropped by nearly 20% as investors booked profits after soaring by over 80% from its lowest level on January 1. Polygon price slips after a strong rally POL price has been in a
After touching an intraday high of $92,356, Bitcoin slipped back to retest the $90,000 psychological support as optimism around a potential Fed rate cut began to fade. Sentiment was also dampened by persistent outflows from spot crypto ETFs, which kept investor interest in check. The total cryptocurrency market cap dropped below $3.2 trillion and was
Singapore Exchange is exploring the launch of new bond futures linked to major Asian government debt markets, as global investors deepen their exposure to the region. The exchange has held multiple calls with treasury officials from international banks to discuss futures tied to sovereign bonds across India and several Southeast Asian economies, Bloomberg reported, citing
The crypto market is currently undergoing a choppy price action as neither the bulls nor the bears seem to be in control at the moment. Bitcoin, the leading cryptocurrency by market cap, is trading at $90,368, down by less than 1% in the last 24 hours. Dogecoin’s DOGE is the second-worst performer among the top