Crypto News

The bank’s analysis says that BNB trades like “an unweighted index” of bitcoin and ether “in terms of both returns and volatility.” Standard Chartered Forecasts BNB to Hit $2,800 Within Four Years Standard Chartered Bank, the $800-billion financial institution headquartered in London, England, published a research report on Tuesday predicting that BNB, the cryptocurrency poweringSource link

Bitcoin surged above $97,000 late Tuesday, then slid to $96,500 in Asian hours Wednesday as India conducted airstrikes in parts of Pakistan to intensify tensions from the past few weeks.A planned meeting to discuss U.S. and China tariffs sent risk assets higher in the hours since the U.S. stock market closed on Wednesday, as reported, but those gains reversed as news of India’s “Operation Sindoor” emerged in the early hours.Traders expect to see more volatility in the days ahead as the regional tussles further damage risk-taking sentiment among traders, though eventually leading to a move higher as bitcoin is perceived as a hedge.“Volatility in the markets is soaring as bitcoin surges to $97K from the intensifying conflict between India and...

Movement Labs has fired co-founder Rushi Manche and rebranded as Move Industries following a token dumping scandal and market maker backlash.Source link

Thrive Capital, a venture capital firm backed by OpenAI, has led a significant $900 million funding round for Anysphere raising its valuation to approximately $9 billion. Anysphere’s Valuation Rises More Than Threefold Venture capital firm Thrive Capital recently led a massive $900 million funding round for Anysphere, the creator of the rapidly expanding artificial intelligenceSource link

Movement Labs, the development firm of the Movement network, has officially cut ties with co-founder Rushi Manche following controversy surrounding undisclosed MOVE token deals.The announcement came via the company’s X account early Tuesday, stating that “Movement Labs has terminated Rushi Manche’s employment and all affiliations with the company effective immediately.” It has yet to name a replacement or outline next steps for governance restructuring.The decision follows a CoinDesk report that first revealed secret agreements between Movement-linked entities and market makers during the project’s token launch.CoinDesk reported the existence of shadow advisors, hidden payment flows, and undisclosed token allocations surrounding MOVE’s debut. Manche was directly tied to those arrangements, according to internal documents and investor correspondence reviewed by CoinDesk.Manche was initially...