Market News

Browse the latest Market cryptocurrency news, expert analysis, and market insights on CandyPulse. Stay updated with breaking developments and in-depth coverage.

BlackRock Executive Highlights $2 Trillion Potential from Crypto ETFs in Asia

At Consensus in Hong Kong, a BlackRock executive revealed that a mere 1% crypto investment in Asia could lead to a staggering $2 trillion influx.

Hong Kong's Commitment to Digital Assets Amidst UAE Competition

Hong Kong is dedicated to digital asset innovation but faces stiff competition from the UAE's robust regulatory landscape.

Paxful Faces $4 Million Fine from U.S. DOJ Over Legal Violations

The U.S. Department of Justice imposes a $4 million penalty on Paxful linked to illegal activities, but the fine is lowered due to financial capacity.

JPMorgan Optimistic About Crypto Outlook for 2023 Amid Institutional Growth

JPMorgan's bullish stance on cryptocurrency is fueled by strong fundamentals and increasing institutional investments, predicting a rebound in 2023.

SEC's Paul Atkins Discusses Crypto Enforcement at House Hearing

SEC Chairman Paul Atkins addressed crypto enforcement concerns during a House hearing, indicating a willingness to update lawmakers confidentially.

Utility Over Hype: Experts Discuss Tokenization's Future

Industry leaders from Ondo and Securitize emphasize the importance of functionality and compliance in the next evolution of tokenization.

Gen Z's Financial Nihilism Sparks $100 Trillion Crypto Derivatives Surge

Gen Z's struggle with rising housing costs drives a $100 trillion boom in crypto derivatives, as noted by CoinFund's David Pakman.

Robinhood Launches Layer-2 Testnet for The Protocol

Robinhood has officially launched its Layer-2 testnet, The Protocol, while Citadel supports LayerZero chain and MegaETH prepares for its mainnet.

BlockFills Suspends Withdrawals and Limits Trading: A 2022 Echo

BlockFills, the institutional crypto platform, has reportedly stopped withdrawals and placed trading restrictions, reminiscent of the 2022 market downturn.

Gen Z Places Trust in Code Over Bank Commitments in Crypto

This week's Crypto Long & Short Newsletter explores Gen Z's trust in crypto versus traditional banking, along with a promising chart analysis.

Crypto VCs at Consensus Hong Kong Embrace Long-Term Strategies

At Consensus Hong Kong, crypto venture capitalists are focusing on stablecoins and tokenization while cautiously investing in AI and prediction markets.

AI Trading Bots Struggle as Market Conditions Shift

As market dynamics evolve, AI trading bots may face challenges, warns Bitget CEO Gracy Chen, comparing them to interns today.

Bitcoin Dips Below $66,000 as Crypto Markets Struggle

Cryptocurrencies face a downturn as Bitcoin slips under $66,000, leaving investors looking elsewhere in a market rally.

AI's Rapid Growth: Outpacing Human Intelligence in Just 2 Years

Experts predict that artificial intelligence could surpass human cognitive abilities in the near future, posing new challenges for our understanding of intelligence.

CoinDesk 20 Index Sees 2.5% Decline Amid General Downtrend

The CoinDesk 20 index has dipped by 2.5%, influenced by declines in major cryptocurrencies like Aptos and Binance Coin.

Robinhood Shares Drop 10% Amid Decline in Crypto Trading Activity

Market analysts respond to Robinhood's 10% decline, citing reduced crypto trading as a primary factor influencing performance.

BlackRock Enters DeFi Space by Listing BUIDL on Uniswap as UNI Surges

BlackRock has begun its venture into decentralized finance by listing its tokenized U.S. Treasury fund on Uniswap, propelling UNI's value by 25%.

Emerging Opportunities in Decentralized AI Amidst Current Challenges

Crypto VCs highlight that despite the current downturn in decentralized AI, new and innovative opportunities are on the horizon.

U.S. Job Market Surprises with 130,000 Additions in January

January's job growth exceeded expectations with 130,000 new positions, pushing the unemployment rate down to 4.3%. Bitcoin reacted positively, hitting $67,500.

Sui Mainnet Welcomes Ethena's suiUSDe Stablecoin with $10M Vault

Ethena's synthetic dollar, suiUSDe, launches on Sui Mainnet, complemented by a $10 million yield vault and DeepBook integration.