Ethereum is moving in tandem with small-cap stocks, and analysts say both assets could rise together with four potential Fed rate cuts ahead. Read More at https://cointelegraph.com/news/this-spooky-ethereum-correlation-suggests-breakout-is-imminent?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
Crypto stocks IREN, NAKA struggle amid convertible note deals
IREN and Kindly MD are raising big money through convertible notes, but traders reacted negatively following each of the companies’ multimillion-dollar deals. Read More at https://cointelegraph.com/news/iren-kindlymd-shares-drop-convertible-note-deals?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CleanCore Solutions adds over 710M Dogecoin to treasury
CleanCore Solutions says it wants to scale its treasury “responsibly with transparency and resilience” as it aims to accumulate 1 billion Dogecoin tokens. Read More at https://cointelegraph.com/news/cleancore-solutions-dogecoin-crypto-digital-assets-treasury?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Major US labor union says Senate crypto bill lacks ‘meaningful safeguards’
The AFL-CIO says the Senate’s crypto framework bill “provides the facade of regulation” that would expose workers’ retirement funds to risky assets. Read More at https://cointelegraph.com/news/major-us-labor-union-raises-concerns-about-crypto-regulations-in-senate-bill?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Canary’s Litecoin, HBAR ETFs ready for ‘go-time’ after gov shutdown: Analysts
ETF analyst Eric Balchunas says Canary Capital’s filings for spot Litecoin and HBAR funds are seemingly finalized, but the government shutdown will delay their launch. Read More at https://cointelegraph.com/news/canary-litecoin-hbar-etfs-near-approval-amid-government-shutdown?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Strategy’s $78B Bitcoin nears Amazon’s 2nd-largest corporate treasury
Strategy’s $78 billion stash of Bitcoin is close to the cash positions held by Amazon, Google and Microsoft, the last of which rejected Bitcoin as a treasury asset last year. Read More at https://cointelegraph.com/news/strategys-bitcoin-nears-amazon-google-microsoft-cash-positions?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Hundreds of simulations’ pin Bitcoin at 50% odds of $140K this month
Based on Bitcoin’s price at the start of October, a $140,000 price tag by the end of the month is consistent with its average gains in October over the years. Read More at https://cointelegraph.com/news/bitcoin-50-percent-odds-140k-october-economist-simulations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solana’s $2.8B revenue outpaces Ethereum’s early growth: 21Shares
Solana pulled in $2.85 billion in annual revenue across DeFi, AI and trading apps, as institutions push the network into mainstream finance. Read More at https://cointelegraph.com/news/solana-economy-matures-annual-revenue-21shares?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ETH rally tops out at $4.8K, setting up a make-or-break moment for Ether bulls
Ether’s short-term correction may set the stage for a larger upside move as ETH’s liquidity metrics turn increasingly favorable. Read More at https://cointelegraph.com/news/eth-rally-tops-out-at-dollar4-8k-setting-up-a-make-or-break-moment-for-ether-bulls?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BOE signals flexibility on stablecoin caps amid industry pushback: Report
The Bank of England may relax proposed caps on corporate stablecoin holdings after industry backlash, as the UK races to stay competitive in the $314 billion market. Read More at https://cointelegraph.com/news/boe-softens-stablecoin-cap-after-industry-pushback-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound