Ether’s drop to $1,800 reflects weak technicals and onchain signals that point to continued downside risk as Ethereum ETF outflows persist. Ether (ETH) dipped below $1,900 during Asian trading hours on Tuesday, extending 30-day losses to 38% as President Donald Trump's tariffs soured investor sentiment. Several market and technical indicators show that the ETH price may fall further before any recovery attempts by the bulls. Key takeaways: Read more
BTC price targets stayed bearish with a zone of interest below $50,000 as macro assets saw increasing downside pressure at the Wall Street open. Bitcoin (BTC) fell toward $60,000 around Tuesday’s Wall Street open as traders issued fresh macro low targets. Key points: Bitcoin sees further pressure with traders lining up for $60,000 and lower. Read more
The blockchain analytics company will incorporate locally and hire in the kingdom's Special Administrative Region as the region advances its digital asset strategy. Blockchain analytics company Nansen will establish a local entity and build a Bhutan-based team in Gelephu Mindfulness City (GMC), expanding into the kingdom as its Special Administrative Region advances its digital asset strategy. According to a joint announcement shared with Cointelegraph, Nansen plans to incorporate within GMC and develop on-the-ground analytics capabilities to provide blockchain data and market intelligence to industry participants operating in the region. GMC is a purpose-built Special Administrative Region in southern Bhutan focused on long-term economic development. The region has previously announced digital asset initiatives spanning custody infrastructure, tokenization, institutional liquidity and regulatory frameworks. Read more
The Tether-backed crypto payments app is expanding beyond retail spending with wallet-based off-ramps into domestic banking rails. Crypto payment provider Oobit has launched crypto-to-bank transfers that settle into bank accounts via local payment rails, expanding its app beyond in-store spending and peer-to-peer (P2P) transfers. In an announcement shared with Cointelegraph, Oobit said users could send supported digital assets from self-custody wallets and have funds deposited into bank accounts through networks including the Single Euro Payments Area (SEPA) in Europe, the Automated Clearing House (ACH) in the United States and Mexico’s Sistema de Pagos Electrónicos Interbancarios (SPEI). Settlement currencies include US dollars, euros, Mexican pesos and Philippine pesos, while supported assets include Bitcoin (BTC), Ether (ETH) and a range of stablecoins such as Tether (USDT), USDC (USDC), EURC and EURR, along with other tokens including XRP (XRP), BNB (BNB), Solana (SOL), Cardano (ADA) and Dogecoin (DOGE)....
Bitcoin price dropped 25% in 2022 and 50% in 2018 after similar on-chain loss signals, a warning sign for BTC’s next move. Bitcoin (BTC) traders are selling at a loss for the first time since 2022, raising odds that the biggest cryptocurrency’s ongoing price correction may deepen in the coming weeks. Key takeaways: Bitcoin is witnessing loss-driven selling that has historically lasted six months or more. Read more
The UK-listed Bitcoin treasury company says the facility will bridge equity settlements, enabling faster Bitcoin purchases during volatile markets. United Kingdom-listed Bitcoin treasury firm The Smarter Web Company has secured a $30 million Bitcoin-backed credit facility from Coinbase Credit. The facility is secured against Bitcoin held in custody with Coinbase. The company said Tuesday the facility is designed to help it deploy capital into Bitcoin (BTC) immediately after equity raises, reducing settlement timing risk during volatile markets. Smarter Web said it does not intend to use the facility as long-term debt to finance Bitcoin purchases. Smarter Web is listed on the London Stock Exchange’s Main Market and also trades on the OTCQB Venture Market in the United States. The company describes Bitcoin as a core component of its treasury strategy and has previously said it aims to expand its digital asset holdings. Read more
Binance listed 10 of Ondo's tokenized stocks, ETFs and commodities on Binance Alpha with UAE regulatory approval, expanding crypto access to real-world assets. Binance, the world’s largest crypto exchange by trading volume, is rolling out support for tokenized equities from Ondo Global Markets in its latest push into real-world assets (RWAs). The exchange has listed Ondo’s tokenized stocks, funds and commodities on its Binance Alpha platform, according to an announcement shared with Cointelegraph on Tuesday. The integration features 10 tokenized assets at launch, including AAPLon, NVDAon and QQQon, corresponding to Apple, Nvidia and the Invesco QQQ Trust ETF, with additional assets planned for the future. Read more