International Daily Finance News
The ongoing downturn in the cryptocurrency market has been stark, with Bitcoin and Ethereum exchange-traded funds (ETFs) facing significant outflows in recent weeks. This trend appears to reflect broader market concerns, as more than $1.2 billion was withdrawn from these…
In a recent conversation on Senator Ted Cruz’s podcast, Elon Musk made a striking claim about the federal government’s financial mechanisms, referring to the existence of at least 14 “magic money computers” embedded within various federal departments. According to Musk,…
Bitcoin is experiencing a significant shift, marked by a nearly $12 billion drop in open interest earlier this month. This sharp decline in Bitcoin’s open interest (OI), which measures the total number of unsettled derivative contracts like options and futures,…
The Solana Foundation faced significant backlash late Monday after it withdrew an advertisement that many deemed anti-queer, only nine hours after launching it. The contentious ad featured a personification of “America” undergoing therapy, struggling to focus on grand ideas related…
Paul Atkins is reportedly moving closer to assuming the role of chair of the U.S. Securities and Exchange Commission (SEC), a position keenly eyed by the cryptocurrency community. His nomination by President Donald Trump on December 4, 2024, has faced…
The Bank of Korea has definitively stated its position regarding the inclusion of Bitcoin (BTC) in the nation’s foreign exchange reserves, expressing a clear reluctance to adopt a strategic bitcoin reserve policy. This stance was articulated in a recent inquiry…
Bitcoin (BTC) surged past the $84,000 mark on Monday, contributing to an overall increase in the cryptocurrency market, which saw a rise of 1.8%. The CoinDesk 20 Index, a broad market indicator, performed even better, gaining 2.4% during the same…
Bitcoin’s latest bout of volatility marks a significant turning point in the cryptocurrency landscape, as recent analyses from crypto exchange Bitfinex indicate the asset has faced its second-largest correction during the ongoing bull run. The digital currency saw a notable…
Whales have recently taken center stage in the decentralized finance (DeFi) ecosystem, showcasing remarkable investment activity in major tokens such as Uniswap (UNI), Maker (MKR), and Bounce (AUCTION) from Binance. In a mere span of three weeks, these influential traders…
Securitize and Ethena Labs have made a significant stride in the fusion of traditional finance and decentralized finance (DeFi) with the launch of their Ethereum-compatible blockchain, Converge. This innovative platform is poised to serve as a dedicated home for tokenized…
Bitcoin (BTC) remains resilient, maintaining an upward trend above $80,000 since March 11. This indicates a strong bullish sentiment among investors, who appear unperturbed by the prospect of a market correction. However, the inability to push beyond $86,000 suggests persistent…
The Brief Spike in XUSD The cryptocurrency world saw a significant reaction this week following Binance’s announcement of the listing of StraitsX USD (XUSD) on March 19. This announcement triggered an impressive surge, with XUSD’s value skyrocketing by almost 80%,…
The United States is experiencing a significant shift in the regulatory landscape for digital assets. This transformation is underscored by recent developments, particularly with the emergence of an interesting trend: the rise of memecoins and their potential inclusion in new…
The evolution of the Move programming language reflects a unique intersection of innovation and necessity within the cryptocurrency landscape, emerging from Meta’s ambitious, albeit troubled, Libra initiative. Originally conceived by the team at Facebook, Move was birthed out of a…
BitMEX, a veteran in the crypto derivatives market, has just launched an impressive campaign featuring a prize pool of 345,000 USDT to engage new, existing, and returning traders throughout March 2025. This initiative seeks to celebrate the vibrancy of the…
Bitcoin (BTC) has stabilized around its 200-day moving average at approximately $84,000, following a dip below $77,000 that occurred early last week. This recovery has been spearheaded by interest in memecoins, layer-2 tokens, and gaming tokens, yet sustaining this momentum…
While the cryptocurrency market is experiencing substantial predictions for a bull cycle extending through the end of 2025, significant risks loom on the horizon. Analysts generally agree that while a continued upward trend for Bitcoin (BTC) appears likely, the threat…
The recent weekend in cryptocurrency markets was anything but tranquil, marred by significant volatility, particularly around Bitcoin’s $84,000 mark, spurred by substantial short positions on Hyperliquid. The ripple effects influenced many altcoins, with notable price movements observed across various assets.…