CryptoSentinel :: crypto news and analysis

Japan Post Bank plans digital currency to revitalize $1.3tn in deposits — link | AI comment

Bitcoin is holding above a dense supply cluster between $93k and $110k. This accumulation zone has steadily matured since Dec 2024 and could form a floor - unless sustained sell pressure drives a capitulation event.

В Таиланде любят всё через ж😆пу делать: чтобы «использовать крипту» туристам надо будет продать ее на местной криптобирже с полным KYC и регистрацией в SEC США 🇺🇸https://www.panewslab.com/en/articles/fdcf2236-515c-435c-b903-3f8c736e895e

US Treasury Secretary Bessent says government won't buy Bitcoin for strategic reserve but will retain seized assets — link | AI comment

The amount of Bitcoin held by entities has reached 3.64 million BTC, with a large portion of it being held by ETFs and funds — link | AI comment

😡25 years ago, Chancellor Gordon Brown sold the UK’s gold reserves. He offloaded 395 tonnes at an average price of around $275 per Troy ounce, generating around $3.5 billion. It was a terrible financial move. That gold would now be worth almost $43 billion. Unfortunately, Chancellor Rachel Reeves is now thinking of selling the UK’s reserves of seized bitcoins, which would net the country around $6.7 billion. I think we know how this story ends.

💸Western Union is going crypto.Live on Bloomberg, the CEO confirmed they’re working on stablecoin payments and integrating crypto into cross-border transfers. TradFi isn’t resisting anymore. Crypto is the new default.

🏦US Banking Groups Oppose Cryptocurrency Firms' Applications for Bank Licenses US banking groups urge the OCC to delay approving crypto firms' bank licenses due to policy concerns. Cointelegraph ▪️BTC $119,444 ▪️ETH $3,794

​​🌍 Where are the world’s most active crypto VCs based? This map shows top jurisdictions by the combined number of projects backed over the past year. 🇺🇸 US takes the lead with 773 projects 🇸🇬 Singapore follows with 249 🇬🇧 UK comes third with 206 More crypto fundraising analytics: 👉cryptorank.io/funding-analytics

​​Ethereum is nearing $3,500 ETH is up 23% over the last 7 days. The key driver is large Ethereum spot ETF inflows. Only yesterday, a record $726M flowed in. Also, ETH open interest reached a new ATH of $50B and derivatives volume hit $145B. Whales are playing a big role in ETH growth, as large Ethereum holders now control nearly 30% of the total supply. Check out our X thread to learn more details about this ETH rally👇 https://x.com/CryptoRank_io/status/1945904053780718007