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The industry’s largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), are enduring one of their most difficult openings to a year on record, according to a recent analysis by Fortune, with both digital assets trading sharply below their previous peaks. Bitcoin is currently down roughly 46% from its all-time high, while Ethereum has fallen about 60% from its record level. The steep declines mark what the publication describes as historically poor year-to-date performances for the assets.  Bitcoin, Ethereum Lag While S&P 500, Gold Post Gains While Bitcoin and Ethereum, along with broader crypto prices, have often moved in tandem with equities…

Key points:Bitcoin bulls are struggling to sustain the intraday rallies, indicating that every minor rise is being sold into.Select major altcoins are showing weakness, signaling a drop to their strong support levels.Bitcoin (BTC) bulls pushed the price above $68,300 but are struggling to maintain the higher levels. BTC is likely to record its fifth consecutive red monthly candle in the absence of a major rally in the next few days. That is the longest losing streak since 2018/19 when BTC fell for six successive months. A minor positive for the bulls is that the losing streak in 2018/19 was followed…

In brief Bitcoin deposits on exchanges have dropped from their daily peak of around 60,000 BTC on February 6. Yet while sell pressure is easing, the biggest overall depositors are the largest holders, or whales. The price of Bitcoin is down 46% since peaking above $126,000 last October. A major influx of Bitcoin deposits to centralized exchanges has slowed, reducing sell pressure on crypto’s top asset by market cap. But the largest investors, or whales, have kept their foot on the gas, according to a new report from CryptoQuant.The Bitcoin deposited on exchanges had reached around 60,000 BTC on February…

“Borrowing up to $100K in USDC against your tokens, instantly, without selling,” the announcement reads. The US-based exchange Coinbase expanded its crypto-backed loan offerings to include additional tokens, such as Ripple’s XRP and Cardano’s ADA. For the moment, the new service is available across the USA, except for residents of New York State. Further Support for These Assets The company rolled out its lending product, called Coinbase Borrow, in 2021. Two years later, it discontinued the service, only to bring it back at the start of 2025. Coinbase Borrow lets users take a loan using their cryptocurrency possessions as collateral…

Dutch regulators have ordered crypto prediction platform Polymarket to stop operating in the Netherlands, warning it could face fines of up to €840,000 if it fails to comply. The decision marks the latest escalation in Europe’s widening crackdown on the platform.Polymarket is Losing the European MarketThe Kansspelautoriteit (Ksa), the Dutch gambling authority, issued a formal enforcement order against Polymarket’s operator, Adventure One QSS Inc., on Friday. The regulator said Polymarket was offering illegal gambling services without a Dutch license.Authorities imposed a penalty of €420,000 per week if Polymarket continues serving Dutch users. The fines could reach a maximum of €840,000, with…

The adoption of AI for enterprise treasury management enables businesses to abandon manual spreadsheets for automated data pipelines.Corporate finance departments face pressure from market volatility, regulatory demands, and digital finance requirements. Ashish Kumar, head of Infosys Oracle Sales for North America, and CM Grover, CEO of IBS FinTech, recently discussed the realities of corporate treasuries.IBS FinTech has operated for 19 years and currently ranks in the top five globally according to an IDC report. Grover notes that while AI-powered automation has reached many areas of corporate life, treasury departments often still rely on manual spreadsheets.“IBS FinTech has identified the gap…

U.S. Senator Elizabeth Warren, a Democrat from Massachusetts, called on the Treasury Department and the Federal Reserve to confirm that they will not use taxpayer funds to support cryptocurrency investors or firms.  In a letter sent Wednesday to Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell, Warren warned that any government intervention could transfer wealth from taxpayers to wealthy crypto investors. “Your agencies must refrain from propping up Bitcoin and transferring wealth from taxpayers to crypto billionaires through direct purchases, guarantees, or liquidity facilities,” Warren wrote.  She argued that a bailout would disproportionately benefit the wealthiest players in…

More money has been invested in AI than it took to land on the moon. Spending on the technology this year is projected to reach up to $700 billion, almost double last year’s spending. Part of the impetus for this frantic outlay is a conviction among investors and policymakers in the United States that it needs to “beat China.” Indeed, headlines have long cast AI development as a zero-sum rivalry between the U.S. and China, framing the technology’s advance as an arms race with a defined finish line. The narrative implies speed, symmetry, and a common objective.But a closer look…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure After losing more than half its value from the 2025 peak, XRP has entered a period of calm that may prove temporary. Analysts say the current consolidation phase near $1.40 coincides with several rare market conditions, from key inflation data to multi-year technical confirmations, that could influence the asset’s next major move. Related Reading: Coinbase CEO Sees ‘Win-Win’ Outcome For Delayed Crypto Market Structure Bill At the center of attention is upcoming U.S. inflation data, alongside growing debate among analysts over whether XRP is forming a long-term…

Breaking RBC reports suggest that Russia is manoeuvring to block foreign crypto exchange websites like Binance and OKX starting September 1 unless they comply with strict domestic regulations.The strategic move funnels crypto customers to locally licensed and state monitored exchanges, securing control over cross-border on-chain capital flows while tightening the grip on retail speculation. Key Takeaways The Move: Foreign crypto exchanges face a potential blockade by September 1 under new “experimental” legal frameworks. The Goal: Authorities want to centralize cross-border crypto payments to evade sanctions while monitoring domestic capital flight. The Impact: Traders using offshore platforms may be forced onto…