Ethereum price retreated after a 5% rally driven by U.S. inflation data, as traders took profits near $1,930. Strong support around $1,850 remains intact, keeping the technical outlook positive with $2,000 as the next key target. Market factors like …
Coinbase’s backing of rival stablecoin OUSD gives it leverage over Circle. Mizuho cut Circle’s price target to $50 from $85. USDC supply fell $7 billion since March, the steepest drop since 2022. Coinbase, Circle’s largest USDC distributor, is also a backer of rival stablecoin Open USD (OUSD) — a dual role that hands it significant…
Armstrong believes market incentives encourage AI companies to build safe products without the need for an additional regulatory framework. Coinbase CEO Brian Armstrong has rejected calls for a new AI self-regulatory body, arguing that existing laws already provide enough protection against harmful AI. His remarks came just a day after the crypto exchange disclosed…
The market has had plenty to digest this week, so not every headline deserves the same treatment. This one does, because kraken pro api program expansion targets developers implementing third-party algorithmic client desks. That gives it a clearer place in the NewsBTC/Bitcoinist daily coverage map. For more details, visit the official Kraken platform. TL;DR Kraken…
Dogecoin is back in one of those awkward areas where both bulls and bears can make a case. Price has cooled into support rather than collapsing, which gives buyers something to defend. But it has not yet produced the kind of clean breakout that would make the next leg obvious. That is why the current…
Dessislava Ianeva, an analyst at Nexo, made a similar point in an email to CoinDesk. “ETF flows confirm it from another angle. The past ten days split between inflow and outflow, netting slightly positive,” Ianeva said. “Glassnode data shows spot selling pressure has faded. June’s net selling averaged nearly 2,000 BTC a day; July’s has…
A June price crash pushed MicroStrategy’s STRC and Strive’s SATA preferred shares below par, yet more than half of surveyed investors bought the dip, according to a BitcoinTreasuries report. The survey points to a resilient investor base even as leveraged selling pushed the shares to new lows. STRC and SATA Fell in June, and 52%…