TikTok Backlash Surges Australian App Popularity
UpScrolled surged to the second spot on Apple’s App Store following TikTok backlash over alleged censorship, briefly overwhelming its servers with new users. #Update #Tech
Ethereum Dips Below $2800 Amid Weak Demand
@worldlibertyfi sold 93.77 $WBTC ($8M) for 2,868 $ETH at $2,813 each, shifting funds to Ethereum’s DeFi ecosystem. The move suggests strategic risk rebalancing. #Update #Crypto $ETH
Gold Surges to $27K Predicts Kiyosaki
Robert Kiyosaki predicts gold could hit $27,000 after surpassing $5,000, citing debt and inflation concerns. #Update #Gold
Tether Dominates $4B Gold-Backed Market
Tether’s XAU₮ stablecoin now exceeds $2.2 billion market cap, dominating over half of the $4 billion tokenized gold market amid rising bullion prices and institutional demand. #Update #Crypto
Bitcoin ETPs Approved for UK Retail Investors
@DeFiTechnologies’ UK subsidiary Valour receives FCA approval to offer Bitcoin and Ether ETPs to retail investors on the London Stock Exchange, enhancing access to digital assets. #Update #Crypto $BTC $ETH
Ethereum Momentum Grows Amid Macro Fears
Joseph Chalom, former BlackRock Head of Digital Assets Strategy, states institutional investors are favoring $ETH for asset tokenization, citing strong backing from Larry Fink and Ethereum’s dominance in stablecoins. #Update #Crypto $ETH
AI Progress Surges Beyond Control Limits
Anthropic CEO Dario Amodei warns that advanced AI systems could emerge soon, posing risks to security, economy, and democracy due to weak safety incentives. #Update #Tech
Bitcoin Volatility Squeeze Signals Major Move
Bitcoin’s volatility squeeze suggests a significant directional move is imminent, potentially impacting $BTC market dynamics. Analysts anticipate increased trading activity as investors prepare for potential price shifts. #Update #Crypto $BTC
Japan Approves Crypto ETFs by 2028
Japan’s Financial Services Agency plans to approve the country’s first cryptocurrency ETFs by 2028, adding digital assets to specified assets for investment trusts. #Update #Crypto
Ethereum Cardano Chainlink Undervalued Amid Market Woes
Chainlink (LINK), Cardano (ADA), and Ethereum (ETH) show negative 30-day Market Value to Realized Value ratios, indicating potential undervaluation amid market uncertainty, according to Santiment. $LINK (-9.5%), $ADA (-7.9%), $ETH (-7.6%) #Update #Crypto $LINK
Kraken Launches DeFi Earn Offering 8% APY
Kraken launches DeFi Earn in the US, Canada, and Europe, offering up to 8% APY with embedded wallet infrastructure by Privy, powered by Veda Labs. #Update #DeFi
Bitcoin Corrects Amidst 15% Ethereum Surge
Bitcoin and Ethereum cool off after market corrections, with CME’s upward gap influencing trends. Strategies focus on liquidity and recovery patterns. Macroeconomic factors loom this week. #Update #Crypto $BTC $ETH
Bitcoin Faces Doubt as Global Reserve Currency
Economist Peter Schiff rejects Bitcoin as a global reserve asset, citing its lack of intrinsic value and reliance on speculation, while gold remains favored by central banks amid rising inflation. #Update #Crypto $BTC
Bitcoin Investor Sentiment Drops Amid Fed Jitters
Bitcoin ($BTC) rose 1.5% to $86,000 amid US shutdown fears, but pro traders remain cautious, with options skew indicating reluctance to hold downside exposure. Gold hits record highs. #Update #Crypto $BTC