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Search Results for: crypto market

Italy’s Intesa Sanpaolo Doubles Crypto Exposure in Q1 2026

With assets increasing from roughly $100 million at the end of 2025 to around $235 million as of March 31, Intesa Sanpaolo, the biggest bank in Italy, more than doubled its crypto exposure in the first quarter of 2026. The bank increased its holdings in the ARK 21Shares BTC ETF and

May 18, 2026 2 mins read

Binance Online Draws Global Spotlight With Crypto Industry Leaders

Today marked the end of Binance Online, a worldwide virtual event by Binance that included top speakers from the fields of technology, blockchain, finance, and cryptocurrency for over four hours of live programming that was aired on Binance Square. A Global Discussion on the Next Phase of Crypto A top-notch roster

May 14, 2026 4 mins read

Bitcoin Settles Under $80K as Market Sentiment Turns Cautious

With Bitcoin still below $80,000 and other altcoins suffering steep losses, Thursday’s crypto market was muted. After falling as low as $78,720 on Wednesday, the biggest cryptocurrency was lately trading around $79,800. Most importantly, it is still trading below the weekly open price of $82,500. Rising Inflation Concerns and Global Political

May 14, 2026 2 mins read

Massive US Spot Bitcoin ETF Outflows Shake Market Momentum

It seems like a major momentum that was intended to propel bitcoin’s spectacular surge above $80,000 is starting to fade. After collecting $3.29 billion from investors in March and April, eleven U.S.-listed spot bitcoin ETFs have begun to bleed capital. The most significant single-day net outflow since January 29 occurred

May 14, 2026 2 mins read

Bitcoin Tests Major Resistance Amid Market Uncertainty

The 200-day Simple Moving Average (SMA) at $82,455 and the 200-day Exponential Moving Average (EMA) at $82,027 are two prominent long-term trend indicators that Bitcoin is trading narrowly below, as seen by Glassnode data. This indicates that Bitcoin is engaged in a crucial technical struggle. At the time of writing,

May 13, 2026 2 mins read

US CFTC Backs Kalshi in Ohio Prediction Market Clash

In Kalshi’s legal battle with Ohio, the US Commodity Futures Trading Commission has lent its support, requesting that an appeals court confirm that the commission has authority over prediction markets. On Tuesday, the CFTC submitted an amicus brief to the Sixth Circuit Court of Appeals, accusing Ohio of engaging in

May 13, 2026 2 mins read

eToro Reports Strong Q1 Profit Growth Despite Crypto Trading Slump

With a 37% year-over-year increase in net income to $82 million, EToro was able to weather a dip in cryptocurrency activity thanks to a spike in commodities trading. On Tuesday, the business said that its net income increased 37% year-over-year to $82 million, up from $60 million in the first

May 13, 2026 2 mins read