Author: Kryptonews

Crypto markets will enter “up only” mode once the United States Treasury hits its target goal of filling the General Account (TGA), the Treasury Department’s bank account, with $850 billion, according to Arthur Hayes, co-founder of the BitMEX crypto exchange.“With this liquidity drain complete, up only can resume,” Hayes wrote on Friday as the US TGA’s opening balance crossed $807 billion. When the Treasury is filling its General Account, the funds are generally sequestered and do not flow into private markets.However, not all analysts were convinced by Hayes’ prediction that liquidity will flow to financial markets once the US Treasury…

In brief A new Pew survey showed Americans wanted AI’s help with chores, but feared it wrecked their minds and relationships. Most Americans said AI stripped away creativity and human connection, with only 10% feeling more excited than worried. The majority admitted they had no control over AI in their lives—just a digital tide they couldn’t stop. Americans are growing increasingly uneasy about artificial intelligence infiltrating their daily lives, with half now saying they’re more concerned than excited about the technology—a sharp jump from 37% just four years ago, according to a new Pew Research Center survey.The study of 5,023…

MetaMask is preparing to embed perpetual futures trading into its interface through an integration with Hyperliquid, according to newly surfaced code leaks on social media.Updates on MetaMask’s public GitHub repository revealed a dedicated “Perps” tab and deposit flows for USDC, signaling the addition of leveraged trading features typically found on centralized exchanges.The new functionality would let users open and manage perpetual positions via Hyperliquid without ever leaving the wallet.Potential rolloutThe code includes details such as minimum deposit thresholds, gas fee previews, slippage checks, and confirmation messages.Testing notes describe the ability to start deposits inside MetaMask and receive real-time status updates…

When the Federal Reserve announced earlier this week that it was lowering its benchmark interest rate for the first time since December, Wall Street rejoiced. Stocks rallied on the news that the Fed had approved a drop of 0.25 percentage points, bringing rates to their lowest level since late 2022. While markets welcomed the prospect of cheaper money, the implications for the art world are less straightforward. Anita Heriot, president of the Americas for the Fine Art Group, a London-based advisory and boutique art lender, was skeptical that the cut would dramatically alter the art market. Related Articles “Buyers are…

Crypto markets have been somewhat muted as the U.S. Treasury drained liquidity from the system. But as it approaches completing its Treasury General Account (TGA) refill, something the former BitMEX CEO, Arthur Hayes, called a “liquidity drain,” the “up only” trajectory can get back on track.The TGA is basically the government’s checking account at the Federal Reserve. When the TGA needs refilling, the Treasury issues new debt, effectively pulling liquidity out of the broader financial system.In 2025, the Treasury set a refill target of $850 billion. Hitting that mark meant soaking up hundreds of billions in cash by selling Treasury…

Bitcoin (BTC) is poised to grow in price and adoption regardless of the macroeconomic scenarios that will unfold in the coming years and decades, as the global financial system heads for a Fourth Turning-style reset, according to market analyst Jordi Visser.Visser told Anthony Pompliano that the average person has lost confidence in all legacy institutions, which should drive investment into BTC — a neutral, permissionless, global asset not tied to governments or traditional organizations.The Fourth Turning is a reference to a book written by William Strauss and Neil Howe that describes the cyclical rise and fall of nations due to…

The crypto market is buzzing as altcoins lead the charge. XRP is back in focus with traders debating its next move. At the same time, MAGACOIN FINANCE is being called one of the best altcoins to buy in this cycle, with analysts naming it a hidden gem for this altcoin season. XRP Price Prediction – Eyeing $3.66 Again XRP price prediction talks have heated up as the coin tries to reclaim the $3.66 level it briefly touched in July. The altcoin season index hitting 71/100 confirms that most altcoins are outperforming Bitcoin, and XRP has been a key part of…

Crypto custodian BitGo has filed its first public S-1 registration statement with the U.S. Securities and Exchange Commission (SEC), planning to list Class A common stock on the New York Stock Exchange under the ticker BTGO.The filing provides a rare look at the company’s business scale. BitGo generated $4.19 billion in revenue in the first six months of 2025, nearly quadrupling the $1.12 billion recorded in the same period a year earlier. Profitability, however, tightened: net income for the half-year fell to $12.6 million, down from $30.9 million in the first half of 2024, as rising operating costs weighed on…

Solana co-founder Anatoly Yakovenko warned that Bitcoin developers must act to prepare for a possible quantum computing breakthrough that could render the network’s current security measures obsolete.Speaking at the All-In Summit 2025, Yakovenko said there’s a “50/50” chance quantum computers will be powerful enough within five years to break the cryptographic protections securing Bitcoin wallets.“We should migrate Bitcoin to a quantum-resistant signature scheme,” he said.The concern stems from the possibility of quantum machines running algorithms like Shor’s, which could crack the Elliptic Curve Digital Signature Algorithm currently protecting Bitcoin private keys. That would make it possible to forge transactions and…

TL;DR Bitcoin’s exchange supply ratio fell to 0.029, showing fewer coins available for trading on Binance. Perpetual open interest dropped from 395K BTC to 378K BTC after the Fed’s rate decision. Analysts track $116.7K and $113K as key levels as Bitcoin consolidates near yearly highs. Exchange Supply Ratio Declines on Binance Bitcoin’s Exchange Supply Ratio (ESR) on Binance has dropped to a recent low, standing near 0.029. This metric tracks the proportion of Bitcoin supply held on exchanges. The decline comes as BTC’s price climbed toward $117,000 before it was stopped and driven south slightly. Source: CryptoQuant Notably, the move…