crtypto & forex news

For the past few days, the price of Bitcoin has been hovering between the $70,000 and $64,000 range, with no definite trajectory within the period. Despite the lack of direction in price, selling activity has continued across the market, effectively putting robust pressure on the leading cryptocurrency asset. Persistent Selling Activity Weighs on Bitcoin While the Bitcoin price is moving sideways, investors are steadily reacting negatively to the performance. During the period of indecision, selling pressure is persistently building underneath the surface, suggesting growing uncertainty among investors. According to the report from CryptoQuant , a leading on-chain data analytics platform, the selling pressure is being driven by major BTC players rather than retail holders. The constant distribution from key market players raises the possibility that underlying sentiment is more brittle than it seems. CryptoQuant’s report began with the Bitcoin Spot Demand, which remains in deep co...

Crypto pundit Pumpius has drawn attention to the launch of ZK privacy transactions on the XRP Ledger . He noted that this is a historic moment for the network and XRP, as the altcoin gains new utility.  XRP Makes History With ZK Privacy Transactions  In an X post , Pumpius stated that history has been made with XRP, with the first-ever zero-knowledge (ZK) privacy transaction going live on the XRPL testnet . The pundit declared that this is about to change everything for XRP, signaling that it could boost the token’s adoption as institutional investors seek privacy.  He noted that the DNA Protocol is responsible for these ZK privacy transactions on the Ledger. The protocol is said to have turned real-world data into a ZK proof, verified on-chain with zero sensitive information exposed. Pumpius added that banks, governments, and institutions can now confirm everything, including KYC, medical records, financials, and compliance, without ever seeing the actual data. ...

CoinShares (CSHR), one of Europe’s largest crypto asset managers, made its long‑anticipated US market debut on Wednesday after completing a merger with Vine Hill Capital that created the holding company CoinShares PLC.  The transaction, first announced in September and closed late Tuesday , values the business at about $1.2 billion and included a $50 million strategic investment from institutional backers. CoinShares’ CEO Urges Patience After 25% Slide The listing, however, got off to a rocky start. On its first session on the Nasdaq, CoinShares’ shares plunged roughly 25%, trading just below $8.30 at the time of writing, according to Yahoo Finance data.  The sharp sell‑off reflects broader turbulence in digital‑asset stocks and follows months of heightened volatility tied to geopolitical tensions in the Middle East and rising oil prices.  Major crypto tokens such as Bitcoin (BTC) and Ethereum (ETH) have struggled to mount sustainable rallies during the same period,...

Australia has passed its first comprehensive digital-asset framework, locking in a licensing regime for crypto platforms and custodians under the existing financial‑services law. A New Comprehensive Crypto Framework The Corporations Amendment (Digital Assets Framework) Bill 2025 that passed just today has one key requirement. Now, most centralized exchanges and tokenized custody platforms that hold client assets must obtain an Australian Financial Services Licence (AFSL), coming under ASIC’s full oversight on custody, disclosure, governance, and risk management. Rather than policing individual crypto assets, the law zeroes in on the intermediaries that hold costumers’ funds, seeking to curb risks such as fund mixing, bankruptcies, and asset abuse that have fueled past crypto blowups. The law doesn’t just cover spot trading. It carves out two fresh classes of regulated firms: DigitalAssetPlatforms (DAPs) and tokenized custody platforms (TCPs). The legislations subjects them both to...

The prospect of a US military withdrawal from Iran within the next 15 to 20 days is already sending ripples through the global markets. From the price of Bitcoin to the cost of a barrel of crude, investors are scrambling to figure out if we are looking at a genuine de-escalation or just a temporary calm before another storm. A Conditional Departure Speaking to reporters, US President Donald Trump suggested that the current conflict might be nearing its end, hinting that US forces could wrap up operations “soon.” While the White House is floating a two-to-three-week timeline, there’s a major catch: Washington isn’t leaving until they feel their military objectives are met. (Reuters) – U.S. President Donald Trump said the United States could end its military attacks on Iran within two to three weeks and Tehran did not have to make a deal as a prerequisite for the conflict to wind down. The remarks underscored the shifting and at times contradictory… — Phil Stewart (@phildstewart...

Federal prosecutors say a Maryland man who stole more than $54 million from a crypto exchange blew a significant portion of the money on Pokémon cards, antique Roman coins, and a scrap of fabric from the Wright brothers’ plane. A Hacker With An Unusual Shopping List Jonathan Spalletta surrendered to authorities Monday after the US Attorney’s Office for the Southern District of New York unsealed an indictment against him. Agents who searched his home found the collectibles. The items were seized. Spalletta now faces up to 30 years in prison if convicted on all charges — one count of computer fraud and one count of money laundering. The case centers on two separate attacks against Uranium Finance, a now-defunct crypto exchange that operated on the BNB blockchain. Both hacks happened in April 2021, just weeks apart, and together they wiped out tens of millions of dollars in user funds. The platform never recovered. “Stealing from a crypto exchange is stealing – the claim that ‘cry...

Despite waning price performance from Bitcoin and Ethereum , the broader cryptocurrency market still recorded notable inflows for weeks. However, all of these changed as investors’ sentiment shifted, and the crypto market ended up seeing massive capital outflows once again. Bitcoin And Ethereum Are In Major Crypto Outflow After several weeks of steady inflows, the cryptocurrency market has finally recorded a day of outflows as investors pull funds. Such a development is typically seen as a potential shift in investors’ sentiment across the highly volatile market. As outlined in Milk Road’s report, this marks the first significant capital outflow in 5 weeks, raising questions about the market’s direction. Funds that had continuously invested in digital assets, especially well-known cryptocurrencies like Bitcoin and Ethereum, are now starting to turn around. A single week of outflows doesn’t always indicate a larger trend, but it frequently indicates that investors are becoming mor...

The XRP community has drawn attention to old X posts by Ripple’s CTO Emeritus, David Schwartz , suggesting that Coinbase may have refused to list XRP on purpose. Schwartz had also suggested that the exchange asked Ripple for money before it could list the altcoin.  Ripple’s CTO Emeritus X Posts Reveal Coinbase XRP Listing Saga Crypto pundit Digital Asset Investor drew attention to old X posts from the Ripple executive in which he discussed the Coinbase XRP listing story and a hypothetical scenario in which Ripple was asked to pay listing fees for XRP. In the first X post , which was made back in May 2023, Schwartz said, “The story of Coinbase listing XRP is the only story I most wish I could tell that I can’t.” The Ripple CTO Emeritus’ statement was in response to a question by another X user who asked how much the firm likely paid Coinbase to list XRP. This has raised speculations that the exchange may have initially refused to list XRP. In June 2023, Schwartz made another X...