Finance News – Global Crypto
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Bitcoin squeezes shorts in $108K spike as US jobs drop most in 2 years
The unexpected decline in US employment triggered increased volatility in Bitcoin’s market, leading to rapid price growth that caused significant losses for traders betting against...
Read Full Article →PEPE Price Rises on Golden Cross as Trade Hopes Steady Crypto Market
The recent technical indicators point to a sustained increase in PEPE’s value, reflecting cautious optimism among traders and potential momentum for future market gains.
Read Full Article →North Korean IT workers earned $17M this year with some funds coming from Circle accounts
An analysis of blockchain activity indicates that IT professionals linked to North Korea have generated close to $17 million this year by participating in various cryptocurrency st...
Read Full Article →NEAR Protocol Surges 8% as Bitwise Launches New Staking ETP
The introduction of a new regulated investment product by Bitwise offers European investors a way to access NEAR blockchain assets while earning returns through staking mechanisms.
Read Full Article →Scaramucci Says Bitcoin Treasury Trend Will Fade Despite Saylor’s Success
The founder of SkyBridge indicated to Bloomberg that the recent increase in corporate cryptocurrency holdings is unlikely to continue, highlighting a potential short-term impact on...
Read Full Article →Defi Dev Hikes Convertible Note Offering to $112M for Buyback, More SOL Purchase
The company increased its convertible note issuance to $112 million, reflecting an expanded effort to enhance its crypto assets with additional Solana acquisitions and a planned bu...
Read Full Article →Bitcoin Miner Hut 8 Jumps 15%, Leading Sector Higher After Inking 5-Year Energy Supply Deal
Hut 8’s new long-term energy agreement with Ontario’s electricity operator is expected to stabilize operational costs, potentially enhancing profitability and influencing investor...
Read Full Article →Solana Staking ETF Opens for Trade, Becoming First Such U.S. Crypto Staking Product
The new investment fund allows U.S. investors to gain exposure to Solana staking rewards through a regulated vehicle, potentially expanding access to cryptocurrency income opportun...
Read Full Article →ATOM Rebounds from Key Support, Poised for Further Gains
The Cosmos token experienced a notable 3% increase, indicating potential continued upward movement as it establishes a new price ceiling around $4.04 despite prevailing market vola...
Read Full Article →KBC Bank to offer Bitcoin, Ether to retail customers
KBC Bank intends to enable individual investors to access cryptocurrency assets such as Bitcoin and Ether through its trading service, potentially expanding the range of digital op...
Read Full Article →Weakening dollar and M2 influx set stage for possible Bitcoin surge in H2
The recent increase in the United States’ broad money supply alongside a depreciating dollar may influence investor behavior and impact alternative asset markets in the coming mont...
Read Full Article →Paul Atkins: SEC must balance crypto innovation with enforcement
The SEC aims to protect investors and maintain market integrity by regulating new financial technologies while encouraging innovation and addressing risks associated with private l...
Read Full Article →PancakeSwap doubles quarterly volume to $530B as upgrades boost growth
PancakeSwap’s recent platform improvements and expansion into new networks contributed to a substantial increase in trading activity, resulting in a record quarterly volume exceedi...
Read Full Article →UK Pension Firm Sees Growing Interest in Bitcoin Exposure
A UK-based pension trust experienced substantial gains approaching 60% within a year by incorporating cryptocurrency into its investment strategy, reflecting increased demand for d...
Read Full Article →Stablecoins power 75% of crypto payments across Europe, report shows
According to recent data, digital currencies pegged to stable assets facilitate the majority of cryptocurrency transactions in Europe, highlighting significant regional adoption, p...
Read Full Article →Euro stablecoin by DWS and Deutsche Bank gets regulatory approval
The approval of a BaFin license enables DWS and Deutsche Bank's joint venture to issue a euro-backed digital currency, potentially enhancing their presence in the growing European...
Read Full Article →The Daily: Standard Chartered sees bitcoin waking up to $135K when September ends, Robinhood deploys...
Standard Chartered's forecast of bitcoin reaching $135,000 by September's end highlights growing investor interest, while Robinhood's introduction of more than 200 tokenized stocks...
Read Full Article →Ripple claims no formal ties with Linqto amid share price manipulation scrutiny from SEC and DOJ
Ripple’s clarification about having no official connection with Linqto is significant in managing investor confidence amid regulatory investigations affecting the trading and valua...
Read Full Article →Ponzi VCs Are Strangling Blockchain
Many blockchain investments focus on rapid returns, prioritizing short-term profits over sustainable business growth, which may impact the long-term financial stability of the sect...
Read Full Article →Financial industry group pushes back on tokenized equities, urges SEC to reject crypto firms’ exempt...
A prominent financial trade organization advocates for the SEC to withhold special permissions that would allow cryptocurrency companies to issue digital shares, emphasizing potent...
Read Full Article →Bitcoin miner Hut 8 signs five-year capacity contracts with Ontario grid operator for gas-fired powe...
The agreement between Hut 8 and the Ontario grid operator highlights the increasing involvement of cryptocurrency mining in traditional energy systems, potentially impacting long-t...
Read Full Article →Binance Pay brings crypto payments to 80+ French Riviera merchants
The collaboration between Binance Pay and Lyzi enables more than 80 businesses in key French Riviera cities to accept cryptocurrency, potentially expanding digital payment adoption...
Read Full Article →Wimbledon Stars Lead 'Flappy Racquet' Telegram Game Ahead of SCOR Token Launch
The introduction of a tennis-themed game featuring prominent athletes as digital collectibles aims to generate interest and potentially increase value ahead of the upcoming SCOR to...
Read Full Article →Bitcoin $200K Target Still in Play, Driven by ETF, Corporate Treasury Buying: StanChart
Ongoing investments from exchange-traded funds and corporate treasuries, along with evolving U.S. regulations, continue to influence Bitcoin's market valuation and potential growth...
Read Full Article →JPMorgan’s Kinexys tests carbon credit tokenization
JPMorgan’s initiative to digitize carbon offsets through blockchain technology aims to enhance transaction efficiency and transparency in a traditionally fragmented and manually in...
Read Full Article →Strategy’s preferred shares offer compelling income with less volatility than MSTR shares, TD Cowen...
TD Cowen analysts highlighted that the preferred shares of Strategy provide attractive income potential and demonstrate lower price fluctuations compared to common shares of MSTR,...
Read Full Article →SharpLink earns $540K in rewards after staking entire Ethereum portfolio of nearly 200k ETH
After increasing its Ethereum holdings by over 9,000 ETH, SharpLink generated $540,000 in staking rewards from a portfolio valued at nearly $485 million, highlighting its substanti...
Read Full Article →SHIB eyes surge; Promising $0.003 SHIB contender looks to redefine memecoin space
The emergence of XYZVerse, combining sports enthusiasm with memecoin appeal, is attracting investor interest and potentially reshaping market dynamics amid Shiba Inu’s ongoing chal...
Read Full Article →BlackRock’s Bitcoin ETF earns more revenue than its $624 billion S&P 500 fund: Bloomberg
BlackRock’s Bitcoin exchange-traded fund generates greater income compared to its flagship S&P 500 fund, primarily due to the increased fees associated with the cryptocurrency-focu...
Read Full Article →Bitcoin traders adopt ‘defensive stance’ as 15-day ETF inflow streak ends
Bitcoin investors are showing caution as consistent short-term fund inflows stop, indicating a period of reduced trading activity and increased risk awareness in the market.
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