News

Onchain real-world perps surge, while altcoin rout drags on: Report

Onchain perpetual contracts for real-world assets have seen a significant increase, indicating growing interest in this sector. In contrast, altcoins continue to experience a downturn, with many facing price declines. The report highlights a stark divergence in market trends, as traditional cryptocurrencies struggle while onchain innovations gain traction. Analysts suggest that the rise of real-world perps may signal a shift in investor focus towards more tangible asset-backed opportunities. Overall, the market remains volatile, with contrasting performances between different segments.

Read the full article: Coin Telegraph

Crypto exchanges pushed US lawmakers to bar provision on risky tokens: Report

Crypto exchanges are lobbying U.S. lawmakers to exclude a provision from a proposed regulatory bill that would classify certain cryptocurrencies as risky tokens. The provision could impose stricter regulations on these tokens, which many exchanges argue would stifle innovation and limit consumer access. Industry representatives are concerned that the

Bitcoin stalls as BTC ETF outflows hit $268M: Will new Fed chair restore the rally?

Bitcoin's price has stalled amid significant outflows from Bitcoin exchange-traded funds (ETFs), totaling $268 million. This decline in ETF investments has raised concerns about the cryptocurrency's momentum. Analysts are speculating whether the appointment of a new Federal Reserve chair could reignite interest and restore the rally

CLARITY Act sees ‘big step forward’ as markup set for May 14

The CLARITY Act is set to undergo a markup session on May 14, marking a significant advancement in the legislative process for cryptocurrency regulation. This act aims to provide clear definitions and guidelines for digital assets, potentially easing the regulatory landscape for the crypto industry. Supporters believe that the legislation

Coinbase rebounds as altcoins surge with bitcoin holding above $80,000

Coinbase has experienced a rebound as altcoins see significant gains, while Bitcoin remains stable above the $80,000 mark. This surge in altcoin prices has positively impacted trading volumes on the Coinbase platform. Analysts suggest that the current market momentum could attract more investors, further boosting the cryptocurrency ecosystem. The

Read more

Crypto exchanges pushed US lawmakers to bar provision on risky tokens: Report

Bitcoin stalls as BTC ETF outflows hit $268M: Will new Fed chair restore the rally?

CLARITY Act sees ‘big step forward’ as markup set for May 14

Coinbase rebounds as altcoins surge with bitcoin holding above $80,000