Asian Stocks Slip as Tech Shares Track U.S. Weakness, but Japan and South Korea Log Strong February
Tech-Led Declines Weigh on Asian Markets Asian technology stocks came under pressure on Friday as investors mirrored the risk-off stance seen in U.S. tech giants. The retreat followed growing concerns about whether heavy investment in artificial intelligence can deliver sufficient...
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Bitcoin Extends Monthly Losing Streak as Price Falls Below $68,000
Bitcoin Drops Below Key Psychological Level Bitcoin, the world’s largest cryptocurrency by market capitalization, declined below the psychologically important $68,000 mark on Friday. The move reversed an earlier recovery seen earlier in the week from intraweek lows, underscoring fragile sentiment...
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Spot Bitcoin ETF Inflows Hit Three-Week High as Crypto Sentiment Tentatively Improves
Bitcoin ETFs See Broad-Based Inflows After Weeks of Outflows U.S. spot bitcoin ETFs posted $506.5 million in net inflows on Wednesday, according to data from SoSoValue. BlackRock’s IBIT led the activity with $297.4 million in net inflows, while six other...
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Ethereum Foundation Researchers Publish Long-Term Strawmap Roadmap Through 2029
Ethereum Strawmap: Scope, Governance, and Timeline Ethereum Foundation (EF) researcher Justin Drake announced on Wednesday the publication of a draft roadmap projecting seven Ethereum network forks through 2029. The “strawmap” originated as a discussion starter at an EF workshop in...
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Indiana Legislature Advances Bill to Add Cryptocurrency to Public Retirement Plans
Indiana House Bill 1042: Scope and Retirement Plan Changes House Bill 1042, titled “Regulation and investment of cryptocurrency,” received bicameral approval after the Indiana House concurred with amendments made by the Senate on Wednesday. The legislation was introduced by Representative...
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