Crypto News
Bitcoin Holds Tight Despite Dismal Economic Data, Rising India/Pakistan Tensions
Bitcoin (BTC) fell early in the U.S. trading session, but mostly held firm as poor macroeconomic news rolled in.The top cryptocurrency late in the day was trading just below $95,000, up 0.5% over the past 24 hours. The CoinDesk 20 — an index of the top 20 largest cryptocurrencies by market capitalization excluding memecoins, exchange coins and stablecoins — was roughly flat over the same time frame.Crypto stocks like Coinbase (COIN), Strategy (MSTR) and the miners were losing modest ground after big gains last week. Notable exceptions included Janover (JNVR) and DeFi Technologies (DFTF), ahead 24% and 6.5%, respectively even as SOL — the token which both companies are aggressively accumulating — fell about 3% during the U.S. day.Meanwhile, gold...
Bitcoin on Track for Record Price This Quarter as Investors Reallocate Assets: Standard Chartered
The bank continues to be bullish on the price of the asset.Source link
Lombard, Eigenlayer Partner to Bring Bitcoin Restaking to Ethereum Ecosystem
Lombard has partnered with Eigenlayer and the Eigen Foundation to integrate bitcoin into Eigenlayer’s restaking ecosystem. This marks the first time bitcoin (via Lombard’s LBTC) will be used as collateral for decentralized services on Ethereum. Lombard’s LBTC Integrates With Eigenlayer, Unlocking New Bitcoin Utility The collaboration enables bitcoin (BTC) holders to restake LBTC, earning yieldSource link
Bitcoin Exchange Supply Reaches 7-Year Low as Traders Hunker Down
The declining exchange balances and increasing fund inflows points to a renewed phase of accumulation.Source link
Who’s the Next Pope? Top AI Models Don’t Agree With Prediction Markets
It's time for papal predictions, but prediction markets and AI models aren't landing on the same name. Who's accurately picked the next pope?Source link