Bitcoin led crypto markets on Tuesday down about 1% over the past 24 hours to just below $88,000. The drop came even as gold, silver and copper all rose to record highs (although it has pulled back a bit in Tuesday afternoon trading). US shares advance modestly, the Nasdaq rises by 0.45 per cent. Crypto-related […]
BTC slips below $88,000, but Strategy, Circle, Gemini among those markedly lower Read More »
The International Monetary Fund (IMF) praised El Salvador’s stronger-than-expected economic growth in a statement on Monday. Notably, the update did not include earlier IMF suggestions that El Salvador would delay its strategy to accumulate bitcoin BTC$87,928.36something the country – under the leadership of President Nayib Bukele – has continued to do since negotiating an IMF
IMF lauds El Salvador’s 4% GDP growth as bitcoin tensions ease Read More »
JPMorgan’s ( JPM ) reported plan to offer crypto trading to institutional clients could reshape the competitive landscape, but not necessarily at the expense of its rivals. According to analysts, the Wall Street giant’s entry could benefit existing players like Coinbase ( COIN ), Bullish ( BLSH ) and Galaxy Digital ( GLXY ), although
Coinbase (COIN), Bullish (BLSH) Galaxy (GLXY) May Benefit From JPMorgan’s Crypto Moves Read More »
The second-largest cryptocurrency exchange by trading volume, Bybit, said it will begin restricting access to its services for residents of Japan next year as part of an effort to comply with the country’s financial regulations. The company did not specify which services would be affected, but said affected users will receive additional communications as the
Bybit to restrict access for Japanese residents Read More »
Upexi (UPXI), a Nasdaq-listed crypto-tax company focused on solana SUN$124.15filed to raise as much as $1 billion in a shelf filing with the US Securities and Exchange Commission (SEC), The move gives the company the flexibility to raise capital by selling common stock, preferred stock, debt instruments, warrants or shares in one or more offerings
Solana’s fiscal Upexi requests capital raising of up to $1 billion Read More »
The Council of the European Union, an EU body that amends legislation and obligates national governments to adopt the bloc’s laws, said it backs the European Central Bank’s plan to explore an official digital currency, calling it an evolution of money and a tool for financial inclusion. However, in a Friday posting on its website,
The ECB gets support from the Council of the EU to keep limits on the digital euro Read More »
Filecoin FILE$1.2728 retreated 2.2% over 24 hours, falling from $1.32 to $1.29 as technical sellers dominated the price action. The decentralized storage token established a clear bearish channel pattern with successive lower highs confirming downward momentum across the 5-cent trading range, according to CoinDesk Research’s technical analysis model. The model showed that volume activity told
Filecoin (FIL) falls as bear tests support Read More »
Internet Computer (ICP) was also an underperformer, down 2% from Monday.
CoinDesk 20 Performance Update: Uniswap falls 3.7% as all index constituents fall Read More »
The price of BNB is hovering around the $850 mark after losing more than 1.5% of its value over the past 24 hours. The token has fallen from a recent high near the $870 level, coinciding with bitcoin’s drop from over $90,000 to the $87,000 range on Tuesday morning. Price action reflected this caution. After
BNB price falls back to the $850 level Read More »
Crypto Markets Today will be on hiatus for a while starting Wednesday. We’ll be back on January 5th with your regular trading update and market analysis. Wishing you and yours a wonderful holiday! It’s another risk-free day in the crypto market, with Cardano-based Midnight Network’s governance token, NIGHT, down 22% in 24 hours, the worst
Cardano based NIGHT crashes, ZEC, XMR also drop Read More »
