Bitcoin Cash surged to a two-month high above $499 as bulls took control during an aggressive rally fueled by institutional demand and broader market uncertainty. The move puts BCH within striking distance of the psychologically critical $500 level — a zone last touched during April’s breakout attempt. News Background BCH’s rally comes as escalating global […]
News from Web3, Bitcoin and crypto crurrency launches and market updates
Crypto markets drifted lower on Thursday, caught between hawkish macro guidance, looming global trade deadlines, and fading volatility. Bitcoin BTC hovered near $104,700 during Asia hours, slipping 1.2% over 24 hours, while ether ETH traded just below $2,860, down 1.8% on the day. The soft price action tracks with broader macro unease following Wednesday’s FOMC […]
A COVID-era feature that characterized the bull run in all corners of financial markets, including bitcoin BTC, has made a comeback in Switzerland, one of the most financial powerhouses of the world. The Swiss National Bank (SNB) cut its interest rate to zero on Thursday, to counter falling inflation, appreciating Swiss franc (CHF) and economic […]
Circle (NYSE: CRCL) soared 34% on Wednesday, adding another 6% after-hours, as the U.S. Senate passed a landmark bill laying the groundwork for regulated, dollar-backed stablecoins. The move pushed Circle’s stock to $199.59 on Wednesday’s closing, with a high of $211.87 in after-hours trading. The stock is now up over 540% since its June 5 […]
Dogecoin (DOGE) recovered from an intraday low of $0.164 to close near $0.171, posting a 4.7% bounce in line with broader market weakness. The move suggests institutional buyers may be quietly accumulating at lower levels as market participants brace for continued volatility. News Background Dogecoin’s rebound comes in the wake of intense selling pressure sparked […]
Crypto exchange KuCoin is now allowing institutional clients to trade without having to pre-fund wallets, recreating a trading experience that they would recognize from the traditional finance (TradFi) world. The Seychelles-based exchange teamed up with BitGo Singapore and will use the crypto custodian’s Go Network for off-exchange settlement (OES), KuCoin said. “KuCoin’s full suite of […]
Crypto majors slid further on Thursday and the dollar gained ground as fears of a broader conflict in the Middle East intensified. XRP XRP, Cardano’s ADA ADA, and Solana’s SOL SOL lost over 1% in the past 24 hours, while dogecoin DOGE is flat on the day but down over 10% for the week, wiping […]
Spanish lender BBVA is advising its wealth clients to invest 3%-7% of their portfolios in cryptocurrencies, an executive of the Spanish bank said on Tuesday. The bank’s head of digital and blockchain solutions Philippe Meyer told the DigiAssets conference in London that it started advising clients on bitcoin BTC in September last year, according to […]
The Blockchain Group (ALTBG), a Paris-listed tech firm that brands itself as Europe’s first bitcoin BTC treasury company, said it bought 182 BTC for 17 million euros ($19.6 million), bringing its total stash to 1,653 BTC valued at nearly 149 million euros. The purchase follows a series of convertible bond issuances totaling over 18 million […]
Iranian crypto exchange Nobitex has been hacked for nearly $82 million by Israel-linked hacking activist group Gonjeshke Darande. The group said in an X post: “After Bank Sepah, it was Nobitex’s turn,” referencing their Tuesday cyberattack on Iran’s state-owned lender. They warned that Nobitex’s internal data and source code would be released within a day, […]
Cathie Wood’s Ark Invest sold a combined 300,108 shares of Circle Internet Group CRCL on Tuesday across three of its ETFs, continuing to take profit for a second day in a row, this time to the tune of $44.7 million. The move came as CRCL closed in New York Tuesday at $149.15 as it continues […]
The Ink Foundation, the nonprofit behind layer 2 Ink, is launching its native token INK in an attempt to bootstrap onchain capital markets through a liquidity-first strategy. The token will debut on a decentralized finance (DeFi) lending and trading protocol built on Aave, and distribution will begin via an airdrop to early users. There will […]