Finance News – Global Crypto
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Strategy and Metaplanet capitalize on Bitcoin correction with $200M acquisition
By acquiring approximately 2,000 bitcoins during the recent price dip, Strategy and Metaplanet significantly increased their digital asset holdings, reflecting a substantial invest...
Read Full Article →How James Wynn's $100M Implosion Is Familiar Leverage Tale
James Wynn's substantial financial setback highlights the risks of using significant borrowed funds, as his loss occurred even though the value of bitcoin did not experience major...
Read Full Article →SharpLink Shares Sink 30% After Last Week's 2,000% Surge
Following a substantial capital raise of $450 million intended for purchasing ETH, the company's stock experienced a significant decline after a recent extraordinary increase.
Read Full Article →The Dark Times Are Here. Where Is Bitcoin?
Bitcoin was designed to serve as a financial safe haven during periods of economic uncertainty, but it has yet to demonstrate its effectiveness in fulfilling that role amid current...
Read Full Article →RedotPay taps Circle for crypto-to-fiat transfers, launches in Brazil
By integrating Circle’s payment network, RedotPay enhances its service capabilities in Brazil, facilitating seamless conversion between cryptocurrencies and local currency, which c...
Read Full Article →BNB Tests $660 Resistance as Price Forms Short-Term Bearish Pattern
BNB’s recent price movements near a key level highlight growing market activity, reflecting increased adoption and development within the BNB Smart Chain network that could impact...
Read Full Article →The Daily: Metaplanet ramps up bitcoin buys as Strategy slows down, global Ethereum funds see best i...
Metaplanet's increased bitcoin acquisitions and a slowdown in its Strategy fund, alongside record inflows into global Ethereum funds this year, highlight shifting investment trends...
Read Full Article →CoinDesk 20 Performance Update: Index Drops 2.6% as All Assets Trade Lower
The recent pullback in several key cryptocurrencies, including notable decreases in Cardano and Aptos values, contributed to a modest overall reduction in the benchmark index this...
Read Full Article →Strategy ends May with $75M Bitcoin buy as price tumbles to $103K
In the final week of May, Michael Saylor's investment approach involved acquiring over $75 million in Bitcoin amid a price decline to approximately $103,000 per coin.
Read Full Article →Bitcoin Mining Profitability Improved in May, JPMorgan Says
The overall value of major U.S. bitcoin mining companies increased by nearly one-fifth in May, indicating a positive shift in the sector’s financial performance according to JPMorg...
Read Full Article →Will a crypto bull run include Ethereum? Market auction pattern points to $3,340 breakout
Ethereum’s recent price movement above a long-term average, combined with increasing trading volume and stable market patterns, suggests a potential rise toward the $3,340 level in...
Read Full Article →Morph CEO Cecilia Hsueh stepping down with ex-Binance exec to take over
The leadership change at Morph, involving the departure of its CEO and the appointment of a former Binance executive, may influence the company's strategic direction and investor c...
Read Full Article →Tron and Unilabs battle set to soar above the $1 mark, Binance Coin suffers volatility
Tron and Unilabs are showing potential for increased value exceeding one dollar, highlighting growing interest in DeFi assets, while Binance Coin experiences significant price fluc...
Read Full Article →Bitcoin hits NYE 2000 on internet adoption timeline, but Snapchat has more users
Bitcoin’s increased mainstream presence and rising valuation reflect growing investor interest, although its user base remains smaller compared to more established social media pla...
Read Full Article →SEC pushes back on Ethereum and Solana ETF plans by REX-Osprey
The SEC’s hesitation to approve funds based on Solana and Ethereum highlights regulatory challenges that could impact investor access and market growth for cryptocurrency-related f...
Read Full Article →Ethereum’s Pectra upgrade facing mounting exploit concerns
The recent protocol changes in Ethereum have raised financial alarms due to potential vulnerabilities that could result in unauthorized access and significant losses for cryptocurr...
Read Full Article →Russia’s Largest Bank Sberbank Launches Structured Bonds Tied to Bitcoin
Sberbank’s introduction of structured bonds linked to Bitcoin provides investors with an opportunity to gain returns influenced by cryptocurrency market fluctuations and currency e...
Read Full Article →SHIB Under Pressure, Below Ichimoku Cloud After High-Volume Overnight Selling
The recent substantial selling activity caused SHIB's value to decline, impacting investor confidence and potentially influencing market liquidity within this price range.
Read Full Article →Consensys aims to boost MetaMask UX, speed up Bitcoin support with Web3Auth acquisition
The recent purchase by Consensys is expected to enhance user experience and improve Bitcoin integration through advanced seed phrase management, although the financial details of t...
Read Full Article →Will Bitcoin and altcoins rise in June, or is a new crypto winter coming?
The cryptocurrency market experienced notable volatility in early 2024, with digital assets demonstrating fluctuating values that highlight ongoing uncertainty among investors rega...
Read Full Article →Strategy Expands Bitcoin Holdings by 705 BTC, Lifts Total BTC Stash to Over $60B
The company increased its cryptocurrency assets by purchasing 705 BTC, using funds raised from preferred stock offerings, resulting in a total digital currency portfolio valued at...
Read Full Article →DeFi hacks accounted for most of May’s $302 million crypto losses: Certik
In May, decentralized finance platforms experienced substantial security breaches leading to significant financial setbacks, with one protocol recovering a portion of its losses af...
Read Full Article →Ethereum outperforms with $321 million inflow as Bitcoin, XRP sees combined outflow of over $36 mill...
Despite substantial inflows boosting investment product totals over seven weeks, recent market declines led to a decrease in assets under management, highlighting varied investor p...
Read Full Article →Binance co-founder CZ proposes dark pool DEXs to tackle manipulation
Introducing dark pool decentralized exchanges could potentially enhance market integrity by reducing manipulation risks and creating a more secure trading environment for high-volu...
Read Full Article →Tether shut out of Juventus capital raise despite increased investment
Despite boosting its overall stake, Tether was excluded from contributing funds in Juventus Football Club’s recent financing round, highlighting limitations in the company's involv...
Read Full Article →James Wynn offloads $4.12M HYPE and takes another $100M 40x-leveraged long bet on Bitcoin
James Wynn’s recent sale of $4.12 million in HYPE assets and initiation of a highly leveraged 945 BTC long position highlight his continued high-risk trading strategy despite previ...
Read Full Article →Singapore Financial Watchdog to Ban Overseas Crypto Services Without License
Singapore’s regulatory body requires foreign cryptocurrency companies to secure proper authorization by June 30, emphasizing the importance of compliance to continue operating with...
Read Full Article →SharpLink Gaming aims to raise $1b from share sale to boost Ethereum Treasury
SharpLink Gaming intends to generate up to $1 billion through equity offerings to expand its Ethereum assets, reflecting a strategic move to strengthen its digital currency reserve...
Read Full Article →Crypto Daybook Americas: Tariffs to Dominate Narrative as BTC ETF Volumes Surge
Market attention is expected to focus on trade tariffs, while Bitcoin exchange-traded fund trading activity experiences a notable increase, potentially impacting investment flows a...
Read Full Article →Bitcoin, Bonds, and the Rising Influence of Japan’s Yield Curve
The unexpected correlation between Bitcoin and long-term Japanese government bonds highlights changing dynamics in global financial markets and the evolving impact of Japan’s inter...
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