Author: Kryptonews
In brief The U.S. confirmed its economy contracted by an annualized 0.2% in Q1 2025, marking the first economic contraction since 2022. The economic slowdown follows President Trump’s global trade war that imposed tariffs up to 104% on over 180 countries. Bitcoin and crypto markets have shown a muted response to the economic news, with Bitcoin trading flat, Ethereum up 1.1%. The U.S. economy has had its first contraction since 2022, revised official statistics revealed on Thursday, as the economy shrank by an annualized 0.2% during the first quarter of 2025.If this sounds like déjà vu, it’s because the U.S.…
Ethereum has crossed $2,700 for the first time since February, rising nearly 5% over the past 24 hours to trade at $2,736 at press time. The move extends its impressive recovery, with Ethereum (ETH) now up 53% over the past month after a rough Q1 that saw prices drop more than 45%. A major driver behind the rally appears to be growing institutional interest. U.S. spot Ethereum exchange-traded funds have attracted $402 million in inflows over the past month, according to SoSoValue data. BlackRock’s iShares Ethereum Trust alone brought in $53 million in the past 24 hours, pushing its cumulative inflows…
Introduction Artificial intelligence (AI) and blockchain technology have emerged as transformative forces across various industries, driving efficiency, transparency, and security. While AI enables intelligent automation and data analysis, blockchain ensures immutable and verifiable transactions. The synergistic combination of these technologies is reshaping sectors such as healthcare, finance, supply chain, and real estate. This article explores how AI and blockchain are innovating within specific industries, enhancing operations and fostering trust. Healthcare: Secure Patient Data & AI-Powered Diagnostics Blockchain for Secure Health Records Healthcare data is highly sensitive, often fragmented across providers, and vulnerable to breaches. Blockchain solves these issues by storing…
Key NotesIn addition to securing the MiCA license in Austria, Bybit has established its European headquarters in Vienna.As part of its expansion in the EU, the exchange plans to hire over 100 staff.OKX and eToro have also received a MiCA license, showing the new trend to take over the EU. Cryptocurrency exchange Bybit has obtained a Market in Crypto Asset (MiCA) license from Austrian regulators. This marks a major compliance with the regulatory framework in the European Union and a massive expansion for the firm in the region. Bybit Establishes Office in Vienna The Financial Market Authority (FMA) in Austria…
Wall Street’s rare-metal rumour mill began on a freezing January morning at Zurich Airport, where cargo handlers wrestled two-ton pallets of 99.5% pure gold onto a chartered 747 bound for New York.Their destination was a COMEX vault in the city, where warehouse rules hinge not on purity but bar dimensions. The gold came from London vaults, cast in 400-ounce formats that satisfied one market’s conventions but failed another’s.Before it could settle futures contracts in the U.S., the metal had to pass through Swiss furnaces, where it was liquefied and reshaped into 100-ounce or kilobar form.Each freshly poured block triggered a…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure It’s now been three years since the FTX crypto exchange collapsed in 2022, taking billions of dollars in investor and creditor deposits down with it. Over the last few years, the bankruptcy proceedings have drawn to a close, and creditors have been given a repayment plan. Now, with repayments already started, another tranche of billion-dollar repayments is expected to be disbursed to creditors, and this is something that could have an impact on the market. Why FTX Crypto Disbursements Could Have An Impact Crypto analyst Axel took…
The modern business landscape has evolved beyond profit maximization to incorporate a deeper sense of purpose—integrating financial success with social and environmental impact. Impact-based business models prioritize creating positive change alongside sustainable profits, a vision that resonators with consumers, investors, and governments alike. Below is a breakdown of key aspects, benefits, and best practices within this transformative sector. What Defines Impact-Based Businesses? At their core, these ventures are structured around solving systemic challenges, such as climate change, inequality, or healthcare gaps. Unlike philanthropy or corporate social responsibility (CSR), their impact is woven into their core operations—products, services, supply chains, and…
Opinion by: Oleksandr Lutskevych, Founder and CEO of CEX.ioBitcoin markets have consistently shown greater emotional resilience than traditional equities during multiple global shocks.While some on Wall Street found this “impressive” during the “Liberation Day” sell-off on April 2, such optimism isn’t a glitch — it’s a pattern that extends across digital assets.Let’s look closer at Fear and Greed Index dynamics in crypto and stocks. After Donald Trump announced tariffs on nearly all countries in April, the Stock F&G Index dropped from 19 to 3 — a more than 80% plunge and a three-year low. In contrast, the Crypto F&G Index…
Today’s episode is sponsored by CME Group and PayPal.To get the show every day, follow the podcast here.Today’s Stories:Poloniex Hot Wallets Hacked With $114M Seemingly Stolen: On-Chain Datahttps://twitter.com/zachxbt/status/1723757797316133240Raft Suffers $3.3M Exploit That Drove Down Stablecoin 50%, but Hacker Likely Lost Money on AttackBinance fake-app scammers steal crypto funds via malicious Skype app: SlowMistThe Crypto Market Rally Looks Overdone, JPMorgan SaysFrom our sponsors:CME Group Cryptocurrency futures and options provide market-leading liquidity for bitcoin and ether trading. These cash-settled contracts give full exposure to crypto performance without the hassle of holding the physical position. No digital wallet? No problem. Trade nearly 24/7…
The Ethereum Foundation (EF) has quietly taken a tactical step into DeFi by borrowing $2 million in GHO stablecoins using wrapped ETH (wETH) as collateral on the Aave protocol.Marc Zeller, founder of the Aavechan Initiative, shared the development on May 29, noting that the Foundation’s use of GHO aligns with Aave’s core value proposition, enabling ETH holders to unlock liquidity without exiting their positions.He said:“They didn’t have to sell a single ETH to fund their objectives. Aave is designed for holders with conviction.”Stani Kulechov, founder of Aave Protocol, echoed this sentiment. He highlighted that the EF is supplying ETH and…
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