Circle Internet’s ( CRCL ) USDC overtook Tether’s USDT in onchain activity, Wall Street bank JPMorgan ( JPM ) said, as investors and institutions moved to adopt stablecoins that met new regulatory standards. The bank noted that USDC’s market capitalization has risen 72% this year to $74 billion, outpacing USDT’s 32% rise. It reflects a […]
The crypto market saw a “sell the news” reaction to the Federal Reserve’s interest rate cut and a US-China trade deal with bitcoin BTC$109,363.50 sliding back to the $110,000 level of support. Traders will now wonder if the recent high of $116,000 will mark a lower high from the record $126,000 bitcoin hit at the
BTC Tests $110K As Traders ‘Sell The News’ On Fed Cut, US-China Agreement Read More »
Jiuzi Holdings partners with SOLV for $1 billion bitcoin deployment
Jiuzi Holdings partners with SOLV for $1 billion bitcoin deployment Read More »
When Plasma’s XPL token was issued a month ago, crypto investors were buying part of the new blockchain being built for stablecoins. However, despite stablecoins being a dominant theme throughout this bull cycle, Plasma failed to live up to the hype; with XPL now shedding more than 80% of its value since September’s brief high
The token drops another 13% as the hype wears off Read More »
Until the final hours of the Dutch election on October 29, Polymarket traders were confident that Geert Wilders’ nationalist Partij voor de Vrijheid (Party for Freedom) would cruise to victory. The market barely budged as Rob Jetten’s social liberal Democraten 66 (Democrats 66) climbed in all major polls. Then, within minutes of the first exit
Polymarket traders’ biases can lead to irrational results Read More »
Bitcoin reversed some of the post-Fed losses early Thursday after the meeting between President Donald Trump and his Chinese counterpart Xi Jinping produced favorable results. In a speech aboard Air Force One, the US president was also reported to have said it was a one-year deal that would be extended. Trump also said that the
Recovers $110,000 as Trump scraps metals deal, cuts China tariffs Read More »
Bitcoin BTC$111,427.95 has risen above $110,000, led by renewed optimism about US-China trade relations. The rejection means BTC is now trading at levels where market makers could add to the price turbulence ahead of Friday’s expiration of multi-billion dollar options. Data from the Deribit-listed options market, tracked by Amberdata and Deribit Metrics, shows that $13
Bitcoin fell to nearly $108,000 on Wednesday before zooming above $110,000 on Thursday after a volatile session that saw nearly $817 million in leveraged futures liquidations, with long traders taking the brunt of the losses. The withdrawal came just hours after the Federal Reserve delivered a widely expected 25 basis point rate cut, only for
Traders Embrace $800m in Liquidations as Fed Caution Sparks ‘Sell-the-News’ Read More »
Bitcoin saw significant volatility, falling to nearly $108,000 before rising above $110,000, with $817 million in leveraged futures liquidations. The Federal Reserve’s 25 basis point interest rate cut was followed by cautious remarks from Chairman Jerome Powell, which weighed on market optimism. Analysts suggest that while short-term volatility continues, macroeconomic conditions could support Bitcoin’s rise
Ripple in risk of deeper pullback as Fed cuts cause Bitcoin slide Read More »
TeraWulf ( WULF ) plans to raise up to $575 million through a private sale of convertible senior notes as it continues to shift its focus from bitcoin mining to powering artificial intelligence infrastructure. The company announced Wednesday that it plans to sell $500 million in convertible senior notes due 2032, with an option for
WULF raises $500 million. via convertible debt Read More »
