Crypto News

Bitcoin Closing In on Historic Breakout vs Nasdaq

Bitcoin (BTC) is on the cusp of breaking out relative to the Nasdaq 100 Composite, with the current BTC/Nasdaq ratio sitting at 4.96. This means it now takes nearly five Nasdaq units to match the value of one bitcoin. The previous record of 5.08 was set in January 2025, when bitcoin hit its all-time high of over $109,000. Historically, each market cycle has seen the ratio reach new highs—2017, 2021, and now 2025—highlighting bitcoin’s continued outperformance against the Nasdaq. Across multiple timeframes, bitcoin is increasingly diverging from U.S. tech stocks. Year-to-date, bitcoin is down just 6%, compared to the Nasdaq’s 15% decline. Since Donald Trump’s election victory in November 2024, bitcoin has rallied 30%, while the Nasdaq has fallen 12%.When...

Bitcoin Gains Momentum While Ethereum Stagnates; Lightchain AI Presale Nears Its End

This content is provided by a sponsor. PRESS RELEASE. Bitcoin is surging again, capturing the spotlight in the crypto world. While Ethereum struggles to gain ground, there’s another player drawing attention. Lightchain AI, an emerging blockchain project leveraging artificial intelligence, is on the brink of concluding its presale, with only $1 million left to raise.Source link

Mantra to Burn $160M OM Tokens, 50% From DAO’s Founder, Following 90% Price Crash

Mantra, the real-world asset tokenization platform whose OM token crashed earlier this month, is pushing to burn as much as 16.5% of its total supply valued about $160 million to boost staking rewards after talks with key partners.The proposal to burn as many as 300 million of its 1.8 billion tokens will drop the bonded ratio from 31.47% to 25.30%. It includes a confirmed tranche of 150 million OM, or about $80 million, belonging to founder John Patrick Mullin and an additional set of tokens owned by “ecosystem partners.” Specifics were not shared in a Monday update.Mullin’s tokens are part of his team allocation that were staked when the network first started in October 2024. The burn process, which requires...

Bitcoin Pops Above $88K Amid Yen Strength; ETH, ADA, XRP See Declines

Bitcoin (BTC) held steady above $88,000 early Tuesday as the Japanese yen crossed the psychological level of 140 against the U.S. dollar, as tariff concerns and risks of a Federal Reserve chairman shuffle in the states broadened the appeal of safe-haven assets.Yen rose nearly 1% to 139.93 against the dollar, its strongest level since September. Gold surged to fresh highs at $3,494 per ounce in Asian morning hours.Per reports, Trump is blaming the Fed for the economic fallout from the trade war if the central bank doesn’t cut rates soon — and firing the chief usurps the appearance of independence the Federal Reserve currently enjoys.BTC added just over 1% to continue a steady rise since Sunday. Ether (ETH), Cardano’s ADA,...

Base to Prioritize Creators Over Traders, Says Architect Jesse Pollak

Base creator Jesse Pollak has rejected a trader-first approach, declaring creators and developers his top priority, following a chaotic week.Source link