Sky is diversifying its revenue streams and yield strategies. Securitize and Maple have joined the Sky Ecosystem agent network. The SKY token could rally to $0.10 The Sky Ecosystem token is under sell-off pressure as negative sentiment keeps altcoins in the red. But despite top coins wallowing in bearish territory, Sky is up 13% over…
Katana (KAT) gains momentum from Upbit and Bithumb listings with KRW pairs. Katana Perps launch adds derivatives and deeper market utility. Traders should watch the support at $0.014 and the immediate resistance at $0.016. Katana (KAT), the native token of the Katana Network, has seen an extraordinary 53% price surge today, largely fueled by major…
The crypto giant Coinbase just added a little-known crypto asset to its listing roadmap. The exchange says it’s preparing to add Perle (PRL) to its platform for spot trading. Perle (PRL) is the native token of the Perle ecosystem, issued and governed by the non-profit Perle Foundation. Perle Labs is a Solana-based web3 AI platform…
Tether has engaged a Big Four accounting firm to conduct a massive independent financial audit. The company says the audit will cover reserves backing its USDT stablecoin, which holds a market capitalization of more than $184 billion and serves over 550 million users worldwide. Tether describes the review as one of the largest inaugural audits in…
BlackRock CEO Larry Fink is outlining a sweeping vision for the future of financial markets. In his latest annual letter, Fink emphasizes long-term investing, broader market participation and the transformative potential of tokenization. He frames today’s economic environment as one defined by rapid change and uncertainty, with digital wallets and tokenized assets offering the potential…
Institutional investors just sold $173 million in Bitcoin and crypto investment products in one week, according to a new update from CoinShares. The digital asset firm says outflows have now totaled a whopping $3.74 billion in the last month, as the price of BTC dropped from around $95,400 to a low of $62,800. Last week, Bitcoin…
Traders betting on a Bitcoin and crypto bounce are getting wrecked to start the week. Bitcoin dropped from a 24-hour high of $67,695 to as low as $63,962, triggering a total of $616.41 million in liquidations, according to CoinGlass. The vast majority of the liquidations hit traders going long, coming in at $524.28 million. BTC…
Institutional investors just sold an overall total of $288 million in Bitcoin and crypto assets in one week, according to a new update from Coinshares. The outflows mark the fifth consecutive week of selling, bringing cumulative year-to-date outflows to $4 billion. Bitcoin drove the bulk of the selling with $215 million in outflows. Short-bitcoin products…
USD1, a stablecoin affiliated with President Donald Trump, just briefly dipped below its $1.00 price peg. The asset slipped to $0.9942 on Monday morning, before regaining its peg within a couple of hours. The decentralized finance (DeFi) project World Liberty Financial (WLFI), which issues USD1, attributed the volatility to a “coordinated attack” from hackers. “Attackers…
Institutional investors just bought an overall total of $1 billion in Bitcoin and crypto assets in one week, according to a new update from Coinshares. The inflows mark a reversal from a five-week streak of outflows totaling $4 billion. Bitcoin dominated the buying, drawing $881 million. Ethereum followed with $117 million in inflows, marking its…
