[ad_1] After a relatively calm start to the week in the cryptocurrency market, Ethereum and Bitcoin, the two major crypto assets, have resumed their decline as of today. Increased risk aversion in global markets and weakening investor appetite have increased pressure on digital assets. Ethereum ($ETH) fell by as much as 6.2% during the day, dropping to $1,989. $ETH, the second-largest market capitalization after Bitcoin, has experienced sharper losses compared to Bitcoin since the sharp sell-off in October. Ethereum has lost more than 40% of its value since the peak of the cryptocurrency market. Assets with lower liquidity and those…
Author: NBTC
[ad_1] Crypto investment products posted significant outflows last week, with a four-day run of withdrawals erasing part of the $1.5 billion in inflows seen during the first two trading days of 2026. Crypto exchange-traded products (ETPs) saw $454 million in outflows last week, European crypto asset manager CoinShares reported on Monday. “This turnaround in sentiment appears to stem mainly from investor worries over the diminishing prospects of a Federal Reserve interest rate cut in March following recent macro data releases,” CoinShares’ head of research, James Butterfill, said in the update. Despite last week’s outflows, month-to-date flows remained positive at $229…
[ad_1] It is the second stablecoin roundtable of the White House today, where traditional finance and big crypto players gather together. There are banking giants such as JPMorgan, Bank of America, and Wells Fargo. Meanwhile, the major crypto companies including Coinbase, Circle, and Tether exist. This convergence is a rarity because stablecoins have shifted to the periphery to the mainstream of U.S. financial policy debate. Stablecoins Enter the Regulatory Limelight This conference is an indication that stablecoins are not being taken as experimental assets anymore. The policymakers have now considered them as important financial tools. With the invitation of the…
[ad_1] After a relatively quiet start to the week, Ethereum slid in the early Tuesday session, falling to a low of $1,994. At the time of writing, Ethereum remains in red, down 1.28% in the last 24 hours to $2,010 and down 12.26% weekly. Amid the Ethereum price drop, a brand new whale’s contrarian strategy is catching attention on the market. In a recent tweet, Lookonchain reported that a newly created wallet deposited 12.88 million $USDC into Hyperliquid to go long on $ETH with 20x leverage. So far, he has opened a long of 16,270 $ETH worth $33.38 million. This…
[ad_1] In a landmark move for traditional finance, Standard Chartered announced plans on March 15, 2025, to launch a cryptocurrency prime brokerage service through its innovation subsidiary SC Ventures, fundamentally reshaping institutional access to digital assets and marking one of the most significant banking entries into crypto infrastructure to date. Standard Chartered Crypto Prime Brokerage: Institutional Gateway Standard Chartered’s strategic initiative represents a calculated expansion into digital asset services. According to Bloomberg’s exclusive report, the banking giant will develop this service through SC Ventures, its dedicated innovation and ventures arm. The planned crypto prime brokerage will specifically target institutional clients,…
[ad_1] Financial authorities in Kazakhstan intend to set up a state-controlled custodial platform for crypto assets in the coming weeks, the head of the monetary authority in Astana unveiled. The announcement comes amid efforts to legalize and liberalize the circulation of cryptocurrencies in the Central Asian nation, which has already established itself as a mining hotspot. Kazakh government to offer storage services for digital assets The country will soon have its own crypto custodial solution, the Chairman of the National Bank of Kazakhstan (NBK), Timur Suleimenov, made that clear on Tuesday. Speaking during a government meeting, the governor highlighted that…
[ad_1] Ethereum has shown early signs of recovery after a prolonged period of weakness that pushed prices sharply lower. $ETH has attempted to stabilize near key support levels, but further upside depends on sustained backing from investors and broader market conditions. At present, Ethereum appears to have at least one of these factors working in its favor, keeping recovery prospects alive. Ethereum Investors Change Stance On-chain data suggests a notable shift in investor behavior. The exchange net position change indicator, which tracks capital flows into and out of exchanges, has turned negative for Ethereum. This signals that more $ETH is…
[ad_1] The Fed made successive interest rate cuts in the final months of 2025. However, the outlook for 2026 does not look very positive. At this point, Goldman Sachs revised its forecast regarding the Fed’s interest rate cuts. According to Reuters, Goldman Sachs revised its Fed expectations, pointing to rate cuts in June and September instead of the previously expected March and June. The bank now expects the Fed to cut interest rates by 0.25 percentage points twice, in June and September. In this revision, Goldman Sachs cited the slower-than-expected decline in inflation and the resilient performance of the US…
[ad_1] Mainland China users have been cut off from trading services on the Victory Securities platform. Functions of buying and deposits have been permanently disabled following months of gradual decline. Despite the cut-off, Victory Securities clarified that withdrawals will remain open to allow the affected users to recover their existing assets. Victory Securities blocks mainland trading functions Victory Securities, a licensed broker in Hong Kong, has completed the final step in its multi-phase plan to distance its digital asset services from the Mainland Chinese market. The firm announced that users identified as Mainland Chinese residents can no longer use the…
[ad_1] HONG KONG — Financial regulators in Hong Kong are going to unveil a framework for trading platforms to offer perpetual contracts, the head of the region’s Securities and Futures Commission said Wednesday. Brokers in Hong Kong will soon be able to provide financing to clients backed by bitcoin BTC$68,747.00 and ether ETH$2,000.64 and platforms will be able to offer market-making through independent units, said Julia Leung, the CEO of Hong Kong’s SFC at CoinDesk’s Consensus Hong Kong conference. While the SFC plans to share more details later, the moves are part of the regulator’s broader push to let regulated…