Markets

Gold Futures Break $4,200 as Crypto Outflows Hit Record Levels

In brief Gold futures climbed above $4,200 per ounce Tuesday, setting a new all-time high. CoinGlass tracked more than $21 billion in crypto outflows from Binance over the past week. Analysts told Decrypt the divergence marks a short-term flight to safety, with capital temporarily shifting from crypto to gold ahead of key Fed signals. Gold…

Law and Order

Kenya Passes Bill to Regulate Crypto as Regional Momentum Grows

In brief Kenyan parliament enacted the Virtual Asset Services Providers Bill, which seeks to establish regulatory bodies and crypto frameworks in the country. The bill identifies Kenya’s Central Bank and the Capital Markets Authority as regulatory bodies that will oversee brokers, investment advisors, and others. Sub-Saharan Africa ranked third in Chainalysis’ geographic crypto adoption report,…

Markets

Why Bitcoin’s Upside May Be Capped

In brief Options data indicate limited Bitcoin upside, as implied volatility drops following the Black Friday crash. Market makers’ long gamma positioning is suppressing rallies and stabilizing prices. Analysts see a potential drop to $100,000 in the near term but remain bullish long-term. Bitcoin is sailing into calmer waters following last week’s tumultuous event, which…

Markets

Explaining the Bitcoin Crash: What Are Liquidations and Leverage?

In brief Bitcoin dropped from $121,000 to $106,000 on Friday after Trump announced 100% tariffs on China, triggering $19 billion in liquidations within 24 hours. The crash hit leveraged traders on centralized exchanges hardest, with 1.6 million positions liquidated as the timing—after market close—left crypto as the only outlet for investor reaction. Leverage amplifies both…

Markets

Following Flash Crash, Where Do Bitcoin, Ethereum and Solana Go Next?

In brief Bitcoin bounces back to $115K, but the technical picture suggests traders lack conviction. Ethereum shows the weakest trend strength among the three majors, despite reclaiming $4,200. Solana faces conflicting signals with bearish short-term momentum fighting bullish long-term structure. The crypto market just lived through another violent reminder that leverage is a double-edged sword.…

Business

WazirX Secures Court Approval for Debt Restructuring Plan

In brief The Singapore High Court has approved WazirX’s debt restructuring scheme with modifications. The platform will resume operations within 10 business days once the scheme becomes legally effective. 95.7% of voting creditors backed the amended plan in the August 2025 revote. Embattled crypto exchange WazirX secured court approval for its debt restructuring plan on…