Adam Forsyth

AI stocks are draining crypto’s momentum, Bitwise warns

Crypto is losing its momentum-trade status as investors turn toward AI stocks, according to Bitwise chief investment officer Matt Hougan. Summary Bitwise says crypto is shifting from momentum trading to contrarian investing as AI stocks dominate flows. Matt Hougan says investors still believe in crypto but now favor fundamentals over market hype. Bitcoin remains pressured…

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U.S. Treasury sanctions Iran’s largest crypto exchange Nobitex

The U.S. Treasury has sanctioned four Iranian cryptocurrency exchanges and two senior executives at Nobitex after accusing the platforms of helping sanctioned entities access the digital asset ecosystem. Summary The U.S. Treasury has sanctioned four Iranian crypto exchanges, including Nobitex, under its Economic Fury campaign against Iran. Treasury has accused Nobitex of facilitating transactions for…

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Stablecoin depeg fears push New York and EU regulators closer

New York’s financial regulator has formed a stablecoin supervision agreement with the European Banking Authority as regulators on both sides of the Atlantic tighten cooperation over digital assets. Summary NYDFS and the European Banking Authority signed an agreement to share information on stablecoin supervision. The agreement covers market risks, consumer protection, and oversight of firms…

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Hyperliquid’s (HYPE) Social Dominance Hits 2026 High as Bulls Target Triple-Digit Prices

HYPE’s social dominance is at its highest level in 2026, new data suggests. Hyperliquid’s native token, HYPE, recently climbed to a record high above $73, as growing trader interest and optimism continued to build around the project. According to Santiment, social activity and positive sentiment surrounding the token have surged across X, Reddit, Telegram,…

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