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Global Market Trends

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.Today in crypto, the contagion from the Kelp exploit could have been contained, but at the cost...

Stablecoins not a threat to banks in the near-term: Moody’s analyst

A prohibition on yield-bearing stablecoins and robust payments infrastructure in the US means stablecoins will not eat into banks' market share.The impact of stablecoins on the banking sector appears “limited” at the current phase of the adoption cycle, but banks could face increasing competition...

Bitcoin ‘on track’ for $90K, ETFs pull in nearly $1B: Hodler’s Digest, April 12 – 18

Spot Bitcoin ETFs see nearly $1B in inflows as risk appetite returns, Worldcoin’s price slides: Hodler’s Digest

2024 BTC cycle ‘dramatically’ underperforming previous halvings: Analyst

Volatility and upside have been declining with each Bitcoin halving cycle, but the new dynamics may not be permanent, according to Galaxy's Alex Thorn.The current Bitcoin (BTC) market cycle is “dramatically” weaker than the three previous cycles, according to Alex Thorn, the head of...

Kelp exploit highlights problem with non-isolated DeFi lending: Crypto execs

The contagion from the Kelp exploit could have been contained, but at the cost of capital efficiency, according to the founder of Curve Finance.The exploit of the Kelp liquid restaking protocol shows how non-isolated lending and integrations in decentralized finance (DeFi) can cause broader...

Warren claims SEC’s Atkins likely misled Congress over enforcement data

SEC chair Paul Atkins is under fire from Senator Elizabeth Warren, who says he “may have been deliberately trying” to mislead Congress about the agency’s enforcement activity.US Senator Elizabeth Warren has accused Paul Atkins, the head of the Securities and Exchange Commission, of possibly...