Crypto News
LayerZero (ZRO) Price Plunges 8.5% as Token Unlock Creates Oversold Conditions
ZRO trades at $1.91 after sharp decline, with technical indicators showing oversold signals while 25.71M token unlock continues pressuring markets despite a16z backing. (Read More)Source link
ECB Advisor: Stablecoins Risk Upending the European Banking System
Jürgen Schaaf, Advisor to the Senior Management of Market Infrastructure and Payments at the ECB, has warned about the potential impact of stablecoins in Europe, claiming that they could weaken the banking system by diverting deposits to decentralized alternatives. ECB Adviser Jürgen Schaaf Warns About Potential Erosion of the Banking System by Stablecoins European authoritiesSource link
ONDO Price Analysis: Bullish Breakout Despite 4.89% Daily Decline
ONDO trades at $1.01 after 4.89% decline, but technical indicators show overall bullish trend remains intact amid ETF filing momentum and key resistance at $1.17. (Read More)Source link
CoinShares Launches Zero-Fee SEI ETP With Staking Yield Across Europe
Crypto asset manager CoinShares has launched a new exchange-traded product (ETP) that gives investors exposure to Sei (SEI) while eliminating management fees and offering a 2% staking yield.The product, listed under the ticker CSEI, will be traded on the SIX Swiss Exchange. It marks the first regulated investment vehicle offering direct access to SEI, a Layer-1 blockchain designed to support high-speed, low-latency trading infrastructure.CoinShares, which manages over $8 billion in digital assets, said the launch aims to remove hurdles for institutional investors who previously faced complex custody and operational requirements to access SEI.The product is physically backed by SEI tokens and automatically distributes a 2% annualized staking yield to investors. The launch comes shortly after CoinShares became the first European...
Rally Stalls for Bitcoin, Ethereum, and XRP—Analysts Split on What’s Next
Ethereum shows signs of strength as ETF inflows climb, while Bitcoin and XRP struggle to sustain momentum amid mixed market signals.Source link