Crypto News

A momentum indicator that presaged bitcoin's (BTC) post-election price surge has now turned negative, coinciding with President Donald Trump's tariff rhetoric, which threatens to destabilize markets. Still, there's no need to panic just yet.That indicator is the moving average convergence divergence (MACD) histogram, which is used to gauge trend strength and changes. It's calculated by subtracting bitcoin's average price level during the past 26 periods (weeks in this case) from the average over the past 12 weeks. The signal line is then calculated as a nine-week average of the MACD and the difference between the MACD and signal lines is plotted as a histogram.The MACD on bitcoin's weekly chart has crossed below zero, which is said to represent a bearish...

Spanish police arrested three British men in Costa del Sol for kidnapping a UK cryptocurrency broker and demanding €30,000 (approximately $31,000) for his release. The victim, a 34-year-old Hindi speaker, escaped by deceiving his captors into thinking he was calling a customer for a crypto wallet code, instead alerting a friend in London. His friendSource link

Polymarket bettors have put $1.1 billion in volume on the outcome of the Superbowl, which saw the Philadelphia Eagles beat out the Kansas City Chiefs 40-22, as the betting platform continues to gain steam, despite regulatory hurdles. Polymarket has become the go to avenue for placing on-chain bets, which has brought in scrutiny from regulators. Some countries have outright banned Polymarket, while the U.S. Commodity Futures Trading Commission (CFTC) wants to gain access to the platform's customer data.According to crypto attorney Aaron Brogan, the argument that prediction markets, like Polymarket, are simply a Web3 version of gambling is an inaccurate characterization. Brogan, said that unlike traditional betting platform, prediction markets make money on the transactions fees rather that the...

South Korea must embrace cryptocurrency ETFs now to stay ahead, says the Korea Exchange chairman, calling them a game-changer for market growth and financial innovation. Crypto ETFs Are the Future: Korea Exchange Chairman Pushes for Approval Jung Eun-bo, chairman of the Korea Exchange, has called for the listing of cryptocurrency exchange-traded funds (ETFs) in SouthSource link

The decentralized finance sector is witnessing transformative growth with the rise of perpetual DEXs like Hyperliquid and Bluefin, revolutionizing trading models and enhancing user experience. (Read More)Source link