Author: admin

XRP traded quietly near $1.38 as volatility compressed across crypto markets, with traders positioning ahead of U.S. inflation data that could trigger the next directional move.News BackgroundXRP has entered a period of consolidation as broader crypto markets adopt a cautious tone ahead of key macroeconomic data. Investors are closely watching the upcoming U.S. Consumer Price Index release, which could influence Federal Reserve policy expectations and risk appetite across digital assets.While price action has been subdued, activity on the XRP Ledger remains elevated. Daily transactions recently climbed above 2.7 million, one of the highest levels in months.Institutional positioning has also continued…

Bitcoin-buying company Metaplanet has established a new venture firm, Metaplanet Ventures, to support Bitcoin ecosystem development in Japan, as the country looks to recognize Bitcoin as a regulated financial asset within the next two years.Metaplanet said on Thursday that Metaplanet Ventures K.K. will be tasked with funding, incubating and scaling companies that build regulated Bitcoin financial infrastructure, particularly those that strengthen Japan’s domestic ecosystem and make it a stronger competitor internationally.Metaplanet said it is expanding its Bitcoin strategy on the expectation that Bitcoin (BTC) will be reclassified as a regulated financial asset by January 2028.Source: MetaplanetMetaplanet Ventures will be split…

Ethereum price started a recovery wave above the $2,020 zone. ETH is now struggling to clear $2,080 and remains at risk of another decline in the near term. Ethereum started a recovery wave above the $2,020 zone. The price is trading above $2,020 and the 100-hourly Simple Moving Average. There is a declining channel forming with support at $2,000 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,080 zone. Ethereum Price Faces Key Resistance Ethereum price extended its recovery wave after it cleared the $1,965 zone,…

Ethereum is trading slightly above the $2,000 level as the market continues to navigate a period of uncertainty marked by sideways price action and cautious investor sentiment. After weeks of volatility across the broader cryptocurrency sector, ETH has entered a consolidation phase, with buyers and sellers struggling to establish a clear directional trend. Related Reading While price action appears relatively stable on the surface, new on-chain analysis suggests that underlying liquidity conditions may be shifting. According to a report from CryptoQuant analyst Arab Chain, Ethereum’s Scarcity Index on Binance currently sits around 0.67 while ETH trades near $2,050. The Scarcity…

The excessive use and oversight of artificial intelligence in the workplace is giving workers “AI brain fry,” contrary to the technology’s assurance that it would ease job pressures.Workers who are using AI tools report that the technology is “intensifying rather than simplifying work,” researchers from Boston Consulting Group and the University of California wrote in the Harvard Business Review on Friday.A study of nearly 1,500 full-time US workers found 14% said they had experienced “mental fatigue that results from excessive use of, interaction with, and/or oversight of AI tools beyond one’s cognitive capacity,” or what the researchers called “AI brain…

No room for flexibility, say regulators.South Korean firms cannot buy crypto, unlike Japanese, US companies.Listed firms frustrated by Financial Services Commission stance.South Korean financial regulators do not want to let firms use their balance sheets to buy US dollar-pegged stablecoins like Tether’s USDT and USD Coin.Guidelines issued by the Financial Services Commission to the domestic crypto industry currently forbid exchanges from opening corporate wallets for South Korean firms. The FSC is ready to reform these guidelines this year, following a lengthy wait.But firms hoping to launch USDT treasuries or use US dollar-pegged coins to conduct cross-border trade are likely to…

Starcloud, an Nvidia-backed orbital data center startup, said it will start mining Bitcoin from space later this year when its second spacecraft is launched, positioning it to become the first company to mine Bitcoin off Earth.Starcloud “will be the first to mine Bitcoin in space,” the startup’s CEO, Philip Johnston, posted to X on Saturday after revealing its Bitcoin mining ambitions in space in an interview with HyperChange on Thursday.In the interview, Johnston said running Bitcoin application-specific integrated circuit (ASIC) miners would be “one of the most compelling use cases” of space compute due to it being significantly cheaper than…

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…

Nonprofit organization Flow Foundation and its parent company Dapper Labs on Monday filed with the Seoul Central District Court to suspend the termination of trading support for its native token FLOW on three South Korean exchanges.Layer-1 blockchain Flow suffered a “security incident” in December when an attacker exploited a vulnerability that allowed certain assets to be duplicated rather than minted, bypassing supply controls without accessing or draining existing user balances.The exploit resulted in $3.9 million in duplicated tokens, but “no user funds were compromised, and all counterfeit tokens were permanently destroyed.” Several exchanges halted FLOW token trading following the incident due…

Oil futures surged above $110 a barrel Monday as escalating tensions in the Middle East rattled global markets, sending Asian stocks sharply lower, with all of the region’s markets opening deep in the red, even as bitcoin held steady near $67,000.West Texas Intermediate crude jumped roughly 17% in 24 hours. Japan’s Nikkei 225 fell more than 6% and South Korea’s Kospi dropped about 8% as traders repriced energy costs across import-dependent economies.The rally centers on the risk that fighting could restrict oil flows near the Strait of Hormuz, the chokepoint through which roughly 20% of global crude supply passes daily.…