U.S. stocks were little changed as Wall Street monitored renewed trade discussions between American and Chinese officials. Hopes of easing tensions and rolling back tariffs weren’t enough to lift major indexes. The Dow Jones Industrial Average closed lower by a single point while the S&P 500 and Nasdaq indices gained 5.52 points and 61.28 points,…
Digital asset investment products attracted $224 million in inflows last week, pushing the 7-week total to $11 billion. Despite this, the pace of investments appears to be slowing, as investors grow cautious and await clearer guidance from the US Federal Reserve regarding inflation and the broader direction of monetary policy. According to the latest edition…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Appearing on the Diary of a CEO podcast, ARK Invest founder Cathie Wood said that the “green-light” approval of spot-Bitcoin exchange-traded funds in January 2024 has only just opened the gates to what she called an “institutional land-rush” for the asset. “Institutions…
A crypto founder has been arrested in New York for allegedly using his crypto firm, Evita Pay, to funnel around $530 million into the US from sanctioned Russian banks to help Russians access highly sensitive American technology. Iurii Gugnin was hit with a 22-count indictment and will face charges related to wire and bank fraud,…
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Share this article Cryptocurrencies and crypto assets are more popular today than they have ever been, especially here in the UK. The numbers surrounding the adoption of digital currencies have been rising across different demographics, from first-time investors to full-time traders and even long-time sceptics. But as more people get involved, the UK’s tax authority…
UMA surged 26.54% from a high-confluence support area, catching traders’ attention with a sharp bullish move. However, after rejecting from local resistance at $1.80, the focus now shifts to whether bulls can defend support for continuation—or risk a full retrace within a broader range. After a strong and impulsive rally, UMA (UMA) has caught the…
Wall Street is piling into crypto equities, but markets haven’t responded with similar excitement. In fact, Bitcoin funding rates remain low, which is indicative of a continued caution as the world’s leading crypto asset trades around the $107K mark. Bitcoin Traders Remain Cautious There’s a growing disconnect between public market enthusiasm for crypto equities and…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is gearing up for a decisive move as price action tightens just below key resistance levels. Bulls are working to push BTC higher and confirm the continuation of the bullish phase, but the market remains cautious. While technical structure still favors…
Key points: Bitcoin opened the week with strength as bulls target new highs in BTC and altcoins. Many major altcoins are stuck in a range, but HYPE is showing signs of strength. Bitcoin (BTC) made a solid start to the week, sprinting toward the overhead resistance zone of $109,588 to $111,980. The move higher may…
