Latest Crypto News in One Place

Grayscale, the second-largest digital asset manager after BlackRock, has dropped Cardano (ADA) from the list of assets included in its Digital Large Cap Fund (GDLC).

Ethereum (ETH) has declined noticeably over the past week, with price data from CoinMarketCap reporting a net 14% decline within this period. At the time of the most recent data, ETH is trading around $2,000, significantly lower than the past week’s level near $2,500. Related Reading: Ethereum Price Is Not Going To Keep Falling Forever, Analyst Says ETH Funding Rates Signal A Bullish Turn In a QuickTake post on the CryptoQuant platform, analyst Amr Taha draws attention to recent developments in ETH funding rates, a key sentiment indicator in perpetual futures. The funding rate shows the market sentiment, whether it’s optimistic/greedy (positive) or fearful/cautious (negative). Typically, when funding is highly positive or negative, it means that too many traders are ...

Two California teens allegedly traveled over 600 miles to carry out a violent home invasion targeting $66 million in cryptocurrency.
The post Two High Schoolers Charged in Arizona Home Invasion Targeting $66M in Crypto appeared first on Cryptonews.

South Korean cryptocurrency exchange Bithumb mistakenly distributed approximately 620,000 bitcoins, worth around $44 billion, to 695 customers during a promotional event. The company quickly acted to restrict trading and withdrawals, claiming to have recovered 99.7% of the erroneously distributed cryptocurrency within 35 minutes of the incident. The exchange emphasized that the mistake was not caused […]

The latest edition of The Economist points out the dangers surrounding the greenback, including the unpredictability of the current administration’s actions, the prospect of higher inflation, and upcoming rate cuts if Trump’s Fed Chair pick, Kevin Warsh, follows Trump’s playbook. The US Dollar Is Now Considered a ‘Dangerous’ Asset That Might Upend the Financial System […]