Author: Kryptonews
Bitcoin (BTC) price continues to compress under $70,000 on Tuesday, and data suggests that the risk of new year-to-date lows remains a risk if bulls fail to turn the level into support.The whipsaw nature of Bitcoin’s price surged as US market volatility climbed back above a critical level, and Treasury yields saw their sharpest weekly drop in months. Analysts suggest this macro backdrop may hint at an extended slowdown phase for BTC price, while onchain data shows traders still waiting for a stronger bullish catalyst.Key takeaways:The CBOE Volatility Index at 22.50 signals a rising market volatility and risk-off positioning for…
The worldwide crypto landscape is displaying a cautious stability irrespective of the mixed performance. Thus, the cumulative crypto market capitalization has seen a slight 0.16% rise to reach $2.3T. However, the 24-hour crypto volume has dipped by 18.61%, reaching $83.29B. Concurrently, the Crypto Fear & Greed Index is standing at 13 points, showing “Extreme Fear” among the market participants. Bitcoin ($BTC) Sheds 0.62% While Ethereum ($ETH) Sees Slight 0.92% Rise Particularly, the top cryptocurrency, Bitcoin ($BTC), is currently changing hands at $68,282.59. This indicates a 0.62% dip, while the market dominance of Bitcoin is 58.2%. In addition to this, the…
The British Museum contested a Telegraph report from this weekend, saying that it had not entirely stripped the word “Palestinian” from its wall texts in response to pressure from a pro-Israel group. The Telegraph report stated that UK Lawyers for Israel (UKLFI) had written to British Museum director Nicholas Cullinan, claiming that using the word Palestine in its displays of Middle Eastern art “erases historical changes and creates a false impression of continuity. Moreover, the group said, doing so risks “re-framing the origins of the Israelites and Jewish people as erroneously stemming from Palestine.” Related Articles While it remains unclear…
Gemini Space Station Inc. (GEMI) is parting ways with three top executives, including its chief operating officer (COO), chief financial officer (CFO) and chief legal officer (CLO), the exchange disclosed in a filing on Tuesday.COO Marshall Beard, CFO Dan Chen and CLO Tyler Meade are all leaving effective immediately, according to the filing. Beard has also resigned from Gemini’s board of directors. The company said his resignation was not the result of any disagreement related to its operations, policies or practices.The stock fell more than 10% in early Tuesday trading, underperforming most of its peers. The departures come just days…
Ethereum ETH $1 994 24h volatility: 1.4% Market cap: $241.23 B Vol. 24h: $18.26 B is showing potential signs of stabilisation following a strong decline in February, with price analysis indicators suggesting a reversal setup. ETH price is currently forming what analysts identify as an “Adam and Eve” bottom pattern near the $1,970 range. While short-term pressure persists, data suggests that if specific resistance levels are reclaimed, ETH could undergo a relief rally targeting $2,500. ETH is now trading right above crucial support zones, and holding these levels is the necessary step to set up a potential run back. For…
The Monad Foundation has hired three senior executives from Optimism, FalconX and BVNK as it expands its focus on institutional adoption following its November mainnet launch.Urvit Goel joins as vice president of go-to-market from the Optimism Foundation, Joanita Titan becomes head of institutional growth after leading custody and staking at FalconX, and Sagar Sarbhai joins as head of institutions for Asia-Pacific, most recently at BVNK.The three executives previously held roles at JP Morgan, Deutsche Bank, Anchorage Digital, Fireblocks and Amazon, bringing backgrounds in traditional finance and institutional crypto infrastructure. According to an announcement shared with Cointelegraph, the new hires are…
This past week, Paul Slocum celebrated 20 years of And/Or gallery, a pioneering space for the exhibition of new media art. Founded in 2006 with a show featuring works by Tom Moody and Saskia Jorda, Slocum’s ad hoc gallery became a home for outsider artists exploring the cutting edge of art made with computers and the internet. Many of these artists, like Cory Arcangel and Petra Cortright, have come to define the first waves of computer- and internet-based art and have enjoyed significant institutional recognition. Yet Slocum is an outlier, seemingly unconcerned with the vagaries of the art market or…
Polygon just pulled off something no one saw coming. It flipped Ethereum in daily transaction fees. For the first time ever.On Friday alone, Polygon brought in about $407,100 in fees. Ethereum? Around $211,700. That is almost double.Activity on Polymarket has exploded, and prediction markets are suddenly turning into serious revenue engines.Key Takeaways Polygon generated $407,100 in daily fees, surpassing Ethereum’s $211,700 for the first time. Polymarket drove the surge with $15 million wagered on a single Oscars betting category. The platform accounted for over $1 million in generated fees on the Layer 2 network in just seven days. What Is…
By Omkar Godbole (All times ET unless indicated otherwise)A new Bitcoin Improvement Proposal, BIP-110, which seeks to curb spam-like data clogging the blockchain, is facing backlash from some industry leaders who argue it risks damaging the network’s reputation more than the spam itself.BIP-110 is a “soft fork,” a type of upgrade that works smoothly with existing Bitcoin setups without breaking the blockchain. It seeks to set strict temporary limits on non-money data in transactions, particularly Ordinals inscriptions that jam images, videos or tokens into Bitcoin blocks.Implementing the same could help fight “spam” and unclog the network, making it cheaper for…
Steak ‘n Shake said its same‑store sales have “risen dramatically” since it launched a burger‑to‑Bitcoin strategy in May 2025 that routes every Bitcoin payment into a corporate treasury reserve. In a Monday post on X, the US fast-food chain said that it had successfully combined a “decentralized, cash-producing operating business with the transformative power of Bitcoin,” and thanked Bitcoiners for making it possible. The chain did not provide figures or define what it meant by “risen dramatically.”Steak ‘n Shake began accepting Bitcoin at participating locations on May 16, 2025, in a phased rollout.Since then, Steak ‘n Shake has repeatedly tied higher…
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