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Bitcoin held steady as stocks traded mixed after President Trump signed a funding bill ending the 43-day US government shutdown.
The post Asia Market Open: Bitcoin Steady, Stocks Mixed as Trump Signs Bill to Reopen US Government appeared first on Cryptonews.

US online gambling platform FanDuel will offer event contracts on crypto and other benchmarks, including prices of oil, gas and gold.
The post US Sport Betting Platform FanDuel to Enter Crypto Prediction Markets appeared first on Cryptonews.

XRP price started a decent increase above $2.420. The price is now consolidating and might aim for another increase if it stays above the $2.350 level. XRP price started a downside correction and tested the $2.320 zone. The price is now trading near $2.420 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.430 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it clears $2.50. XRP Price Eyes Additional Gains XRP price started a downside correction from the $2.580 zone, like Bitcoin and Ethereum. The price dipped below the $2.550 and $2.50 levels to enter a consolidation phase. The price even dipped below the 50% Fib retracement level of the upward move from the $2...

On-chain analytics firm Santiment has explained how Bitcoin could currently be undervalued based on its 4-year correlation to Gold and S&P 500. Bitcoin Has Underperformed Against Gold & S&P 500 Recently In a new post on X, Santiment has discussed about BTC’s recent trend relative to Gold and S&P 500. Historically, the cryptocurrency has shown some degree of correlation to these assets, but the pattern has shifted lately. Related Reading: Bitcoin Spot Demand Growing For First Time Since Early October: CryptoQuant Head Any two given assets are said to be “correlated” when one of them reacts to movements in the other by showing volatility of its own. As the chart shared by Santiment shows, Bitcoin has diverged from the traditional assets during the last few months. From...

Crypto market sentiment remains fearful as the broader market continues to slump, but that could be a good thing, as weak hands sell off, Santiment argued.

JPMorgan and Coinbase are propelling traditional finance into the blockchain era as the rollout of JPM Coin signals a powerful shift toward regulated, yield-bearing digital money, accelerating global institutional adoption of tokenized payments under U.S. oversight. Coinbase and JPMorgan Drive Institutional Adoption of Regulated Blockchain Money Global banks are accelerating their integration of blockchain into […]