Crypto News

Animoca Brands’ Advisory Overtook Web3 Businesses in 2024 as the Yat Siu-Led Firm Pivots

Animoca Brands' most recent year-end financial report shows a shift in the company's focus, with the web3 giant run reporting that its Digital Assets Advisory has edged out its traditional revenue source.The firm's advisory unit generated $165 million in 2024, a 116% year-over-year increase. According to a release, this division provides web3 projects with token advisory, tokenomics, marketing, listing advisory, node operation, and trading services.Animoca said it generated $110 million in bookings from web3 businesses – its traditional territory of gaming and NFTs – while $39 million came from investment gains and venture management fees.This change in its web3 business reflects an approximately 40% year-over-year drop from the $182 million it reported last year.Overall, the company looks to have strengthened...

Bitcoin Could Swing Back to $95K Amid Signs of BTC Bear Exhaustion

Technical charts, particularly the shape of candlesticks, often reflect the psychology behind the market, highlighting trader sentiment and behavior. Since Friday, at least two bitcoin (BTC) candles have indicated bullish undercurrents at multi-month lows, providing a glimmer of hope for crypto bulls.The chart below shows that BTC's price decline has stalled at the 200-day simple moving average support level since last Wednesday. Daily candles for Tuesday and Friday are of particular interest, as both have small bodies with long lower wicks, hinting at bear failures below the 200-day SMA.In other words, on both days, sellers initially pushed prices below the key average but failed to establish a foothold there, likely due to buyers stepping in to protect the support level.Such...

Dollar Index Declines Below 105 as Bitcoin Surges Past $88K

At the start of the year, CoinDesk research indicated that the Dollar index (DXY) a measure of the U.S. dollar’s strength against a basket of major trading partners was mirroring its trajectory from Donald Trump’s first term as president.Between September 2024 and January 2025, coinciding with Trump’s re-election, the DXY index climbed from 100 to 110. This current cycle, the index peaked at 110 in mid-January but has since dropped below 105 for the first time since mid-November. If the DXY were to fall to around 103, it would erase all its gains since Trump's victory in November. Typically, a DXY index above 100 is considered strong, which tends to put pressure on risk assets. However, as the index dipped...

AUSTRAC Tightens Screws on Crypto Exchanges, Warns of Enforcement Action

The Australian Transaction Reports and Analysis Centre has announced that peer-to-peer cryptocurrency exchanges will be required to capture user information starting March 31, 2026. Reporting Suspicious Transactions The Australian financial agency responsible for monitoring transactions has said virtual assets services providers such as peer-to-peer cryptocurrency exchanges and custody service providers will be required to captureSource link

Pornstar Shoots Armed Robbers Who Were After Her $20M Bitcoin Fortune

The adult actress claims she was suddenly dragged out of bed and violently pistol-whipped before shooting one of the assailants. Armed Robbers Target Pornstar’s $20M Bitcoin, But She Fights Back Famous pornstar and Twitch streamer Kaitlyn Siragusa who goes by the moniker “Amouranth,” claims she narrowly escaped with her life on Sunday after an armedSource link