Author: Kryptonews

Coinbase Payments has joined the Open Intents Framework to help standardize and simplify cross-chain asset transfers across Ethereum and its Layer 2 networks. Summary Coinbase joins over 30 contributors to advance permissionless, secure cross-chain operations. The Open Intents Framework enables developers to quickly build intent-based applications using its modular components like solvers, smart contracts, and UI templates. Users can move assets and data seamlessly across Ethereum L2s, with solvers automatically executing transactions. Coinbase Payments has joined the Open Intents Framework (OIF) as a core contributor, collaborating with dozens of L2 teams to develop open standards for secure, permissionless cross-chain asset…

There has been much discussion lately about what many consider inflated prices for works by young and emerging artists, but few reporters—or even members of the trade—are willing to put numbers to it. Artnet News editor-in-chief Naomi Rea did, in a column ahead of Art Basel in June, writing, “Now, $30,000 gets you a résumé-light emerging artist. The art market has lost its grip on price-setting—and dealers must recalibrate.” But how much should a collector pay then? Longtime adviser and Baer Faxt founder Josh Baer has just offered his answer. In the latest edition of his free No Reserve newsletter,…

In brief Crypto markets have posted broad gains following the Federal Reserve’s quarter-point rate cut. Hyperliquid’s USDH stablecoin has been “attracting liquidity across the board from many institutions,” according to an analyst. The momentum now hinges on project-specific catalysts, with altcoins more exposed to volatility than Bitcoin, experts told Decrypt. Avalanche (AVAX) and Hyperliquid (HYPE) led the altcoin rally on Thursday as digital assets responded positively to the Federal Reserve’s latest rate cut and project-specific developments.AVAX rocketed 10.1% to $32.59, while HYPE jumped 7.2% to $58.43 in the past 24 hours, according to CoinGecko data. Other major altcoins followed suit, with…

After failing to hit a new all-time high (ATH) of $5,000 in August 2025, Ethereum (ETH) may finally be ready to breach the psychologically important price level. A decline in Binance open interest suggests that ETH is likely close to a local bottom, ready for its next leg up. Ethereum Open Interest Declines, Is Local Bottom Close? According to a CryptoQuant Quicktake post by contributor burakkesmeci, Ethereum may be nearing a local bottom. The analyst referred to the Binance ETH open interest (OI) hourly timeframe metric for their analysis. Related Reading In their analysis, burakkesmeci noted that according to the…

Analysts told CoinDesk early this week that major cryptocurrencies led by bitcoin would resume their slow grind higher following Wednesday’s Fed rate cut. That’s exactly what has happened since the Fed cut rates by 25 basis points to 4% late Wednesday. The central bank also hinted rapid easing in the next 12 months.Bitcoin BTC$117,100.74, the leading cryptocurrency by market value, topped $117,900, the highest level since Aug. 17, ending the sideways trend since Friday and resuming the slow recovery from early September lows near $107,200, CoinDesk data show. As of writing, the cryptocurrency was up nearly 1% on a 24-hour…

The U.S. Securities and Exchange Commission (SEC) has approved a new set of generic listing standards for commodity-based trust shares on Nasdaq, Cboe, and the New York Stock Exchange.The move is expected to streamline the approval process for exchange-traded products (ETPs) tied to digital assets, according to Fox Business reporter Eleanor Terret.However, she added that the Generic Listing Standards don’t open up every type of crypto ETP because threshold requirements remain in place, meaning not all products will immediately qualify.To add context, she quoted Tushar Jain of Multicoin Capital, who noted that the standards don’t apply to every type of…

Crypto exchange Bullish rose 2% after the company posted its first-ever quarterly results as a public company, with earnings beating Wall Street analysts’ expectations.Bullish reported its second-quarter earnings on Wednesday, with revenues coming in at $57 million, above Wall Street estimates of $55.75 million. It posted an earnings per share of 93 cents, compared to estimates of minus 6 cents, according to Zacks.The exchange’s net income was $108.3 million for the quarter ended June 30, swinging from a loss of $116.4 million compared to the same quarter a year ago.Bullish was one of the most hyped crypto initial public offerings…

The Bitcoin price has always been sensitive to a few recurring forces, and none are more central than mining costs and halving events. Together, these two factors create the rhythm that traders watch closely, shaping expectations long before the next cycle arrives. They do not operate in isolation, yet their impact is strong enough to guide sentiment across the market.Mining is the foundation of Bitcoin’s system. New coins enter circulation when miners validate blocks, but the process demands heavy computing power and constant energy. Costs rise and fall depending on electricity rates, hardware efficiency, and regional access to resources. When…

The Federal Reserve has returned to easing mode after ten months of taking a wait and see approach on the U.S. economy.In a widely expected move on Wednesday, the U.S. central bank cut its benchmark fed funds interest rate range by 25 basis points to 4%-4.25%, the lowest since December 2022, in what Fed chair Jerome Powell called a “risk management cut.”The Fed acknowledged that economic growth in the first half of the year “moderated” and the job market has “slowed.” This slowdown, Powell said during a press conference, is mostly due to changes in immigration. Nevertheless, there was no…

In 2025, Bitcoin is strongly used in many countries around the world. Explore the top 10 nations leading in Bitcoin and crypto adoption, with the latest data from Chainalysis and global research.Bitcoin Stepping Into Boom PhaseThe year 2025 marks a big turning point in the development of Bitcoin and the global crypto market. According to the latest report, the adoption rate of crypto worldwide grew 172% in 2024, pushing the total number of crypto owners up to 559 million people. Forecasts even say this number could reach 1.1 billion users by 2030, equal to more than 10% of the world’s…