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blockonomi.com Institutional Boost Lifts Cardano Price, $1.27 Breakout Looks Likely

TLDR Cardano price rebounds to $0.83 after holding firm at the $0.75 support level. Technical indicators suggest a potential breakout towards $1.27 for Cardano. Hashdex has added Cardano to its Nasdaq Crypto Index U.S. ETF, increasing institutional interest. Cardano’s inclusion in the ETF highlights its growing credibility in regulated markets. The market sentiment around Cardano [...] The post Institutional Boost Lifts Cardano Price, $1.27 Breakout Looks Likely appeared first on Blockonomi.

blockonomi.com Injective Opens Pre-IPO Perp Futures for OpenAI and Private Firms

TLDR Injective launches pre-IPO perpetual futures, offering global investors access to private companies like OpenAI. The new offering allows users to take leveraged positions of up to five times on private company valuations. Pre-IPO perpetuals are powered by decentralized oracle infrastructure from Seda Protocol and pricing data from Caplight. OpenAI will be the first private [...] The post Injective Opens Pre-IPO Perp Futures for OpenAI and Private Firms appeared first on Blockonomi.

bitcoinist.com Bitcoin Spot Liquidity Shrinks: Stablecoin NetFlows Turn Negative Despite ETF Inflows

Bitcoin is pressing higher, pushing above the $115,000 level and edging closer to critical resistance. Momentum has returned to the market, with many traders anticipating a bullish move that could test all-time highs and extend the ongoing bull trend. Optimism is building as Bitcoin’s resilience at elevated levels fuels speculation of another aggressive breakout. Related […]

news.bitcoin.com SEC Commissioner Highlights No-Action Letter as Milestone for Blockchain Expansion

SEC throws support behind decentralized infrastructure innovation as DePIN tokens gain legitimacy, marking a pivotal moment for blockchain’s real-world expansion. SEC Commissioner Peirce Warns Overreach on DePIN Could Stifle Market Innovation Decentralized physical infrastructure networks (DePIN) are gaining recognition as a transformative application of blockchain technology, and U.S. Securities and Exchange Commission (SEC) Commissioner Hester […]

blockonomi.com CoinShares Expands Active ETF Offerings with Bastion Acquisition

TLDR CoinShares announces the acquisition of Bastion Asset Management to enhance its active crypto investment product offerings. The deal aims to strengthen CoinShares’ position in the US market for actively managed ETFs. CoinShares will integrate Bastion’s systematic trading strategies and expertise into its platform. The acquisition enables CoinShares to offer sophisticated products that generate returns [...] The post CoinShares Expands Active ETF Offerings with Bastion Acquisition appeared first on Blockonomi.