Bitcoin plunges over 6% to $58,000 before beginning to recover
Bitcoin (BTC) dropped over 6% on August 27, hitting a low of $57,880 before beginning a modest recovery. Most of the losses occurred within an hour after Bitcoin fell below…
Crypto News
Has France’s crypto je ne sais quoi disappeared?
Rising tax proposals and political instability are jeopardizing France’s status as a leading crypto hub. Over the past decade, France has positioned itself as a prime location for the world’s…
Bitcoin surpasses $63,000 as Robert F. Kennedy Jr. withdraws and endorses Trump
Crypto and U.S. equities surged after the independent candidate announced his support for Donald Trump. U.S. presidential candidate Robert F. Kennedy Jr. announced his decision to withdraw from the 2024…
Russia to establish cryptocurrency exchanges in Moscow and St. Petersburg to facilitate global trade.
Russia continues its moves toward crypto amid the biting economic sanctions. Russia is reportedly considering establishing two cryptocurrency exchanges to facilitate foreign economic activities, as reported by local media outlet…
Vitalik Buterin asserts that Ethereum’s fundamentals are now ‘crazy strong’.
He made this statement in response to suggestions that Ethereum has ‘significantly weakened’ during this market cycle. Vitalik Buterin recently stated that a series of crucial developments within Ethereum’s (ETH)…
Bitcoin’s rise above $60,000 triggers a $2 billion surge in futures open interest within a single day
Bitcoin’s recent surge above $60,000 has rekindled enthusiasm among traders, bouncing back from the downturn in August. This upward movement led to a significant increase in open interest: Bitcoin futures…
State of Wisconsin increases exposure to Bitcoin in Q2 via BlackRock ETF
In a new filing with the SEC, the SWIB reported holding more IBIT shares and none of the previously reported GBTC shares. The State of Wisconsin Investment Board (SWIB) reported…
Hong Kong crypto ETFs face systemic market obstacles, says an OSL executive.
The construction of Hong Kong value markets doesn’t help the development of crypto ETFs, Hong Kong crypto trade OSL’s Gary Tiu said. Crypto ETFs likewise face “intrinsic predisposition” against Bitcoin…
Tether’s USDT and Circle’s USDC Consolidated Supply Developed $3B In the midst of Crypto Market Bounce back
Stablecoins serve a critical job in the crypto space, and their extending supply is typically an indication of the soundness of the more extensive market. The stock of the two…
Solana ETFs ‘Inevitable’ in US After Brazil Approval, Says VanEck Exec
Solana is the next big target for spot ETF issuers in the United States, but does approval in Brazil mean it’ll happen soon in America? After Bitcoin and Ethereum spot…
