Author: Kryptonews

Digital asset investment products recorded a second straight week of heavy outflows, shedding a combined $1.7 billion as investor sentiment toward the sector continued to deteriorate. Key Takeaways: Crypto funds lost $1.7 billion in a week, pushing year-to-date flows into the red. US-led outflows hit major assets as fund assets fell $73 billion from peak. Short Bitcoin saw inflows while spot ETF buyers sit underwater on average. The latest withdrawals have fully reversed year-to-date inflows, pushing net global flows to a $1 billion outflow, according to a recent report from CoinShares.The renewed selling comes as markets adjust to a more…

Several New York district attorneys have reportedly warned about the US federal stablecoin law, the GENIUS Act, claiming it fails to adequately address fraud.According to a Monday CNN report, New York Attorney General Letitia James and four district attorneys signed onto a letter saying that the GENIUS Act will “provide legal cover” for stablecoin issuers to potentially participate in fraud. The letter reportedly pointed a finger at issuers Tether and Circle, claiming that the companies have profited off crimes in stablecoin markets, specifically accusing Tether of only freezing some suspicious transactions in USDt (USDT).“The reality for many victims, therefore, is…

Key points:Bitcoin has started a relief rally, which is expected to face selling near $84,000.Several major altcoins are at risk of breaking below their support levels if the bulls fail to clear the overhead resistance levels.Bitcoin (BTC) turned up from the $74,508 level on Monday, and the buyers are attempting to maintain the price above $79,000. BTC analyst PlanC said in a post on X that the fall to the $75,000 to $80,000 zone might be “the deepest pullback opportunity this Bitcoin bull run.”The Crypto Fear & Greed Index, which measures overall crypto market sentiment, plunged into the “Extreme Fear”…

Art Basel’s first edition in Doha arrives with expectations: new collectors, cautious galleries hoping to land institutional interest, and a city briefly reorganized around a fair schedule. What distinguishes the week is not just the fair, but how clearly Doha’s museums are using the moment to make a case for depth. Rather than flooding the calendar with kitsch or pandering to Western taste, the strongest exhibitions focus on history, structure, and sustained attention. If you see only a handful of shows, start with two anchors: “Empire of Light: Visions and Voices of Afghanistan” at the Museum of Islamic Art, and…

Bed Bath & Beyond has signed an agreement to acquire Tokens.com as part of a push into real estate finance and tokenized real-world assets, combining traditional financial products with blockchain-based infrastructure.According to a company announcement on Monday, Tokens.com, a blockchain-focused financial infrastructure company, will be used to develop a platform focused on real estate finance, tokenized securities and other real-world assets (RWAs), integrating blockchain systems with regulated financial services.Bed Bath & Beyond already owns or holds strategic stakes in blockchain businesses, including tZERO and GrainChain. Tokens.com will become a wholly owned subsidiary and is expected to rely on existing regulatory…

Crypto and the Davos World Economic Forum are becoming buddies now. It’s weird, right? Yet, this is one of the things that’s helping position crypto for long term growth. There are other reasons crypto can pump soon too. Today, we look at 3 signs your portfolio of altcoins is ready to make a move. The Davos Effect Big banksters meetings at Davos for the World Economic Forum. Pushing prices for altcoins down so they can collude and buy bargains. Checks out right? Bitcoin 1 Mo chart It’s definitely plausible. And looking at the Bitcoin chart, it may have in fact…

Key takeawaysIndia’s e-rupee has evolved from a domestic digital payment experiment into a strategic instrument aimed at influencing cross-border trade, remittances and tourism flows.The e-rupee represents sovereign digital money, enabling direct and final settlement without relying on multiple intermediaries for international payments.India views cross-border CBDC use as a way to address long-standing inefficiencies in global payments, including high costs and slow settlement times.Proposals to link the e-rupee with other countries’ CBDCs reflect India’s effort to simplify trade and tourism settlements using sovereign digital currencies.India’s e-rupee is no longer just a tech experiment; it has become an important part of the…

Crypto company earnings season ramps up with reports due from Strategy (MSTR), which holds the largest number of bitcoin BTC$78,671.16 among publicly listed companies, and Galaxy Digital (GLXY), a digital assets and infrastructure investor. Bullish (BLSH), which owns Bullish Exchange and CoinDesk, is also due to release figures.While interest-rates decisions are due in Europe, with both the Bank of England and European Central Bank making announcements on Thursday, the macroeconomic environment will be focused on Friday’s U.S. employment situation summary for January, including the key nonfarm payrolls figure.What to Watch(All times ET)CryptoMacroFeb. 2: Canada S&P Global Manufacturing PMI for January…

Alongside many of the world’s rich and powerful, some prominent leaders in the crypto industry are explaining their connections, however tenuous, with the late sex trafficker Jeffrey Epstein.The US Department of Justice (DOJ) released millions of new files on Saturday, among which appeared the names of several prominent crypto figures.The connections vary from passing mentions to possible investments and business ties with the disgraced former financier who was found dead in his prison cell in August 2019.With public speculation mounting over the files’ contents and calls for prosecution, individuals named in the documents have begun addressing their links to Epstein,…

BONK price predictions provide valuable insights into the future of Solana’s popular meme coin over the next five years. Its growing significance as a utility-driven token and its burgeoning community make BONK an investment-worthy token with high potential. In this article, we’ll explore the key factors that influence BONK’s value. We’ll also forecast its future price trajectory based on past performances and market trends.Bonk Coin (BONK) OverviewBONK is a Solana-based, dog-themed meme coin. It was launched on December 25, 2022, in the wake of the FTX collapse, to restore investor confidence in the Solana ecosystem. Touted as a community-driven token, BONK…