Search results for Sygnum
Crypto
Bitcoin gives back $80,000 in a day on surprise strength in U.S. August jobs data
Bitcoin fell back below $80,000 a day after reclaiming the level, with broader crypto prices also lower. The move followed U.S. August jobs data released on Sept. 4 local time showing nonfarm payrolls rose 162,000, well above a Reuters consensus of 56,000, while unemployment held at 4.1 percent. Rate-hike odds for the Sept. 15-16 FOMC meeting rose and the dollar strengthened as yields climbed.
Crypto
Wyoming to tighten reserve verification for FRNT stable token with Chainlink integration
The U.S. state of Wyoming will adopt Chainlink’s reserve verification system for its government-issued stable token, Frontier Stable Token, known as FRNT. The Wyoming Stable Token Commission plans to publish on-chain data on FRNT reserves and token supply using Chainlink’s proof-of-reserves function. The state aims to narrow disclosure intervals by combining Chainlink infrastructure with independent checks by The Network Firm. It is also reviewing Chainlink’s Secure Mint feature to limit issuance when reserves are insufficient.
Crypto
Bitcoin\'s $80,000 rebound backed by $2.23 billion inflows, not short squeeze
Bitcoin’s rebound was supported by cash inflows of more than $2 billion rather than speculative leverage, according to the article. U.S.-listed spot bitcoin ETFs absorbed $2.23 billion during the recent surge without a single day of net outflows. Despite a spike in short liquidations, futures open interest fell and funding rates stayed near neutral. Analysts highlighted liquidity channels and rising stablecoin supply, while identifying $81,000 to $86,000 as the next key range.
-
Crypto
Ethereum bull Arthur Hayes cuts losses on 2,364 ETH
-
Crypto
Theo becomes first crypto-native platform to allocate funds to Fidelity tokenised fund
-
Crypto
Bitcoin lacks direction; September FOMC remains variable despite oil price relief
-
Crypto
UBS starts direct bitcoin, ethereum trading for some clients
-
Crypto
Swiss bank Signum says institutional adoption matters more than Bitcoin spot ETF flows
-
Crypto
Switzerland leads Europe in crypto investment, attracting 47 percent of VC funds
-
Crypto
Six major Swiss banks test Swiss franc stablecoin
-
Crypto
SBI Holdings seeks controlling stake in Singapore crypto exchange Coinhako