BitMine Immersion (BMNR), the largest corporate holder of ether ETH$3,133.68said Friday that it has named Chi Tsang as its new CEO, succeeding Jonathan Bates, who led the company from its early days through its IPO on the NYSE American. Shares are lower by 3.4% pre-market alongside a continued slide in crypto in general and ether […]
BitMine (BMNR) Appoints Chi Tsang as CEO Read More »
Bitcoin miner American Bitcoin ( ABTC ) reported a third-quarter profit and said revenue more than doubled year-over-year as it expanded its mining capacity and completed its first full quarter as a publicly traded company. The net income of the Miami-based company 20% owned by Donald Trump Jr. and Eric Trump rose to $3.47 million,
Trump Family-Linked American Bitcoin (ABTC) Turns Third Quarter Profit, Doubles Revenue Read More »
By Francisco Rodrigues (all times ET unless otherwise noted) The Czech National Bank became the world’s first central bank to buy bitcoin BTC$95,840.23and a spot XRP exchange-traded fund (ETF) debuted in the US with impressive trading volume. Still, what dominates headlines is bitcoin’s drop below $100,000 and the crypto market crash. The CoinDesk 20 (CD20)
Running for the Exits: Crypto Diary Americas Read More »
The crypto market is facing one of its toughest tests yet with bitcoin BTC$97,014.68 price breaking below the crucial support level of $98,000 after a wave of selling pressure in a low liquidity environment. The selloff brought more than $1.1 billion in liquidations, about half of which occurred on bitcoin trading pairs, according to CoinGlass.
BTC Price Breaks $98K As Liquidations Top $1.1B Read More »
This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole. It is unusual to see ether ETH$3,207.31the world’s second-largest cryptocurrency by market capitalization, showing relative strength against market leader bitcoin on a day when the market is under pressure. Today is precisely that rare case. While bitcoin BTC$97,312.27 is down
3 Charts to Track as Ether Strengthens Against Bitcoin Read More »
The Monetary Authority of Singapore (MAS) plans to trial tokenized bills settled with wholesale central bank digital currency (CBDC) as the next phase of integrating blockchain-based finance into its economy. Singapore’s central bank is also preparing draft legislation for a stablecoin regulatory regime, MAS chief executive Chia Der Jiun said at the Singapore Fintech Festival
Singapore central bank to trial tokenized bills, introduce stablecoin laws Read More »
A fresh drop in the Asian morning compounded losses for hopeful traders as bitcoin lost the $98,000 level for the first time since May, extending a week-long bleeding that has dragged the majors down sharply. Ether fell more than 8% to around $3,500, while XRP, DOGE$0.1647Solana’s SOL and Cardano’s ADA had similar declines. The tone
Bitcoin Dips Below $97,000, $880M In Liquidations Read More »
Brutal selling breaks psychological bottom of $2.30 and erases recent gains as distribution overwhelms historic XRPC debut. News background XRP’s worst intraday drop in weeks coincided with a major industry milestone: the launch of the first US spot XRP ETF, Canary Capital’s XRPC, now officially effective on the Nasdaq from 5:30 PM ET. The listing
XRP ETF Fails to Bump Bulls as Ripple-Linked Token Falls 7.3% Amid BTC Selloff Read More »
The 11 US-listed spot bitcoin exchange-traded funds (ETFs) collectively soaked up $869.86 million on Thursday, recording their second-highest outflow ever, according to data source SoSoValue. Investors have withdrawn $2.64 billion over three weeks, signaling increasing caution and changing sentiment in the market. Thursday’s outflow coincided with Bitcoin’s drop below the key $100,000 support level and
$869M Outflow Hits Spot ETFs Read More »
Bitcoin price today: falls to 6-month low below $100,000 as December rate cut bets fade
Bitcoin price today: falls to 6-month low below $100,000 as December rate cut bets fade Read More »
