Author: Kryptonews

PIPPIN crypto just crashed 55.69% in 24 hours. Trading at $0.164.Over $200 million in market cap wiped out in a single day. A derivatives unwind is accelerating the move lower and making the drop even uglier.Traders are watching $0.15 as the next stabilization point. Capital is already rotating out fast. Key Takeaways: PIPPIN lost over half its value in a single session, dropping to $0.164 amid $3.4 million in forced long liquidations. Futures data shows negative funding rates of -0.0023%, signaling crowded short positioning that could cap any immediate recovery. Speculative capital is rotating out of stalled AI meme coins…

A group of U.S. regional banks is developing the Cari Network, a tokenized deposit platform built on ZKsync, a layer-2 network, as lenders seek a regulated path to modernize digital payments.The network, announced Tuesday, is being developed with banks including Huntington Bancshares, First Horizon, M&T Bank, KeyCorp and Old National Bancorp. It’s designed to let banks turn customer deposits into digital tokens that can move instantly between institutions — without those funds ever leaving the banking system.That’s a key distinction from stablecoins, which are often issued by nonbank companies. Cari says its tokens will still represent regular bank deposits, meaning…

The global crypto sector has witnessed slight gains over the past 24 hours. Hence, the total crypto market capitalization has reached the $2.52T mark after a 0.09% rise. In addition to this, the 24-hour crypto volume has also jumped by 56.66% to hit $144.46B. At the same time, the Crypto Fear & Greed Index is in the “Neutral” territory while accounting for 43 points, signifying growing optimism among market participants after a consistent bearish outlook for a significant period. Bitcoin ($BTC) drops by 0.05% While Ethereum ($ETH) Sees 1.55% Rise The leading crypto asset, Bitcoin ($BTC), is now changing hands…

Bitcoin (BTC) surged past $73,000 in early Monday trading, diverging sharply from traditional safe-haven assets even as geopolitical tensions in the Middle East sent oil prices above $106 per barrel. The primary driver of this divergence appears to be sustained institutional adoption through spot investment vehicles. US spot Bitcoin ETFs recorded approximately $586 million in weekly inflows leading up to this geopolitical escalation. These flows create a persistent demand shock that absorbs sell-side pressure, in contrast to the liquidity drains seen in gold and equity markets. Data suggests that BTC ETF inflows are dampening volatility. BlackRock’s IBIT and similar products…

IntroductionThe cryptocurrency mining sector stands at a pivotal crossroad, challenging miners to adapt to a rapidly changing landscape. As operational costs soar and the recurring challenge of Bitcoin halvings looms, the need for miners to adopt innovative strategies has never been more crucial. Wintermute, a prominent entity within the crypto market, underscores the necessity for miners to strategically leverage their Bitcoin holdings, transforming them from passive reserves into engines of growth, ensuring resilience and prosperity in an ever-evolving industry.Key Insights on Bitcoin UtilizationIn the current era of market unpredictability, the notion of holding Bitcoin merely as an idle reserve is…

Ether (ETH) has dropped roughly 65% against Bitcoin (BTC) since Ethereum’s 2022 shift to Proof-of-Stake (PoS), casting doubt on the network’s “ultrasound money” thesis.Key takeaways:ETH/BTC three-day performance chart. Source: TradingViewEther’s ultrasound money narrative disappointsThe idea behind “ultrasound money” was that Ether would become even scarcer than Bitcoin.Supporters argued that Ethereum’s 2021 EIP-1559 upgrade, which began burning a portion of transaction fees, combined with the sharp decline in new ETH issuance following the 2022 Merge, would make Ether deflationary over time.ETH’s new annual supply rate has averaged about -0.19% after the burn mechanism went live in 2021, according to Ultrasound.MONEY.Ethereum burn…

21Shares AG, a Switzerland based issuer of crypto exchange-traded products (ETPs), has announced significant updates to four of its Bitcoin and Ethereum-linked ETPs listed on the London Stock Exchange.Effective March 26, 2026, the company will appoint FTSE International Limited as an additional index administrator for its program and switch the crypto asset reference prices used for these products.The affected ETPs include: 21Shares Bitcoin ETP (ISIN: CH0454664001, tickers: ABTC / BTCU) 21Shares Ethereum Staking ETP (ISIN: CH0454664027, tickers: AETH / ETHU) 21Shares Bitcoin Core ETP (ISIN: CH1199067674, tickers: CBTC / CBTU) 21Shares Ethereum Core Staking ETP (ISIN: CH1209763130, tickers: ETHC /…

Decentralized compute has a usability problem. It’s been holding the whole sector back. Everyone knows the GPU shortage is real. AI demand is through the roof. Centralized cloud providers like AWS and GCP charge a premium for it. And there’s a mountain of idle GPU capacity sitting around the world doing nothing. The obvious solution is a decentralized compute market. The problem? Most of those solutions are painful to use. Developers don’t want to manage SSH keys. They don’t want to wrestle with unreliable nodes. They want to write code and run jobs. And lots of us trying AI now…

Artificial intelligence-linked cryptocurrencies extended their surge Monday after Nvidia CEO Jensen Huang laid out the company’s vision for the next phase of AI infrastructure during his keynote at Nvidia’s GTC developer conference.Among the big movers were AI-focused blockchain NEAR$1.5041, climbing more than 10% over the past 24 hours, reaching its strongest level since late January. Decentralized AI project Artificial Superintelligence Alliance’s FET token surged as much as 20% intraday before trimming gains later in the session.Meanwhile WLD$0.3994 — the identity-focused crypto project co-founded by OpenAI CEO Sam Altman — rose about 10%, trading near $0.40, its strongest level since early…

In a new development, digital asset investment products recorded a net inflow of $1.06 billion over the past week, according to data shared today by market analyst Wu Blockchain, highlighting increased investor enthusiasm in the broader crypto market. The money inflow experienced in the past seven days marks the third consecutive week of capital influxes into crypto investment products, as further revealed by the data reported weekly by digital asset investment management firm CoinShares, an indicator of returning optimistic market sentiment in the broader cryptocurrency industry. Digital asset investment products are exchange-traded products (investment vehicles) that allow investors (companies and…