Author: Kryptonews

Venture capital firm Paradigm is preparing a new $1.5 billion fund aimed at artificial intelligence, robotics and other emerging technologies, marking its clearest push yet beyond the crypto sector that built its reputation. Key Takeaways: Paradigm is raising a $1.5B fund to invest in AI, robotics and other frontier technologies while continuing crypto backing. The firm will use its existing technical team as it expands beyond blockchain-only investments. Paradigm sees growing overlap between AI and crypto, including applications like autonomous payments and smart contract security. The San Francisco-based investor will continue backing blockchain startups while expanding into adjacent industries, according…

Crypto markets have lacked conviction, as traders struggle to identify a catalyst strong enough to lift prices out of their current lull. Bitcoin has remained range-bound around mid-$60,000, while ether is trading around $2,000, and volumes across major exchanges have thinned. The digital assets market is thirsty for a solid catalyst, and JPMorgan says it has identified one — market structure legislation in the U.S., called the Clarity Act. “While sentiment remains negative in crypto markets, we continue to believe that a potential approval of the market structure legislation most likely by mid year could serve as a positive catalyst…

Perpetual Decentralized Exchange (Perp DEX), blockchain-based non-custodial trading platform that permits users to trade perpetual futures contracts. Here is a list of the Top 15 Perpetual DEXES that performed well in a weekly trading volume perspective. Hyperliquid exchange is leading all the perpetual decentralized exchanges with 314.0K active addresses over the past 30 days and has successfully got $4.2B of Total Volume Locked (TVL) with $35.4B volume of the last 7 days. TOP PERPETUAL DEXES BY WEEKLY TRADING VOLUME#Hyperliquid #Lighter #Aster #edgeX #ApeX #Grvt #Variational #tradeXYZ #Extended #StandX #Pacifica #Reya #Paradex #Nado #MYX pic.twitter.com/boafRB9QOD— PHOENIX – Crypto News & Analytics…

Block Inc (NYSE: XYZ), the fintech payments company led by Jack Dorsey, announced a massive workforce reduction on Thursday, slashing approximately 40% of its staff as part of a pivot toward AI. The restructuring will reduce the company’s headcount from over 10,000 employees to fewer than 6,000, a drastic measure that Dorsey described as necessary to create a smaller, flatter, and more agile organization. The reduction affects nearly 4,000 roles across the company’s portfolio, which includes Cash App, Square, and its Bitcoin-focused initiatives like Spiral. Following the announcement, Block’s shares surged over 20% in extended trading, reflecting the high speculation…

The cryptocurrency landscape is currently experiencing an intriguing evolution, as Bitcoin ETFs witness an impressive resurgence marked by a staggering $507 million in inflows. This influx of investment capital coincides with Bitcoin’s fascinating escalation to the monumental figure of $68,000. While many may rejoice at this development, heralding it as a new milestone in cryptocurrency adoption, there remains a school of thought—particularly among contrarian investors—that urges a more measured form of optimism.The revival of Bitcoin ETFs within the investment domain presents both a plethora of opportunities and a series of cautionary tales. ETFs, or Exchange-Traded Funds, serve as an integral…

Decentralized perpetual futures exchange (perp DEX) Grvt said it has integrated the Aave lending protocol to allow traders to earn yield on margin collateral while keeping their derivatives positions open.The company said Thursday that the feature is designed to reduce the opportunity cost of margin collateral that typically sits idle on trading venues. Perpetual futures are crypto derivatives that track an asset’s price and do not expire.“On most platforms, your capital can only do one thing at a time,” Hong Yea, CEO of Grvt, told Cointelegraph. “Your stablecoins are either earning yield or available to trade, but not both.” He…

Morgan Stanley has taken another step deeper into digital assets, filing for a new national trust bank charter that would allow the firm to custody cryptocurrencies and carry out related services for clients in the United States. Key Takeaways: Morgan Stanley applied for a national trust charter to custody crypto and provide trading and staking services. The move is part of a broader institutional push for regulated digital asset infrastructure. Approval would let the bank hold client crypto directly as it expands ETFs and wealth management offerings. A public filing with the Office of the Comptroller of the Currency shows…

Bitcoin neared $63,000 in Saturday trading after the U.S. and Israel launched military strikes on Iran, pushing the largest cryptocurrency down roughly 3% in a matter of hours and extending what had already been a difficult weekend for risk assets.The move brings bitcoin to its lowest level since the Feb. 5 crash, when the token briefly dipped below $60,000. Israeli Defense Minister Israel Katz declared an immediate state of emergency across all areas of Israel. A U.S. official confirmed American participation in the strikes, The Wall Street Journal reported.The sell-off follows a well-established pattern. Bitcoin trades 24 hours a day,…

The cryptocurrency market represents one of the most unstable regions in global finance and Solana (SOL) is at a point of undergoing a major test of its technical structure. With a substantial amount of advancement within its ecosystem as well as with the arrival of ‘Agentic Hub’ technology, analysts are now considering potential downside risks. The ongoing consideration by traders of how changing macroeconomic conditions and diminishing momentum may affect SOL has created a primary focus of both institutional and retail traders to create a technical floor for SOL. Technical Breakdown – Mapping the Support Floors Recently, market analyst Ali…

BTC price is trading around $66,000, down roughly 3% in the last 24 hours. It briefly approached $70,000 earlier this week but failed to hold, slipping toward $66,000 amid renewed selling pressure. US spot Bitcoin ETFs saw $507 million in net inflows the prior day, with BlackRock’s IBIT alone taking in nearly $300 million, and over $200 million today but the price hasn’t followed suit. Despite strong institutional buying, this disconnect shows institutions accumulating steadily while retail traders and leveraged players take profits at key resistance levels like $67K–$70K. While Bitcoin price drops often correlate with outflow cycles, the current…