Bitcoin futures data aligns with BTC traders’ hope for new all-time highs
Key takeaways:Bitcoin buying in the spot and futures markets helped BTC price keep its upward momentum despite $170 million in margin liquidations.Weak stablecoin demand in China and the limited use of futures leverage suggest Bitcoin&…
Quantum Biopharma bolsters Bitcoin treasury
Quantum Biopharma has purchased an additional $1 million worth of Bitcoin and other cryptocurrencies, the Canadian biotechnology company said. The buys take Quantum’s total cryptocurrency holdings to approximately $4.5 milli…
Paul Atkins: 'Crypto markets have been languishing in SEC limbo'
In one of his first speeches since becoming chair of the US Securities and Exchange Commission (SEC) in April, Paul Atkins addressed some of the regulatory concerns around the cryptocurrency industry.In prepared remarks for a May 19 sp…
Bitcoin Climbs to $105K; Crypto ETF Issuer Sees 35% Upside
Cryptocurrencies reversed early losses as risk assets shrugged off the Moody’s U.S. debt downgrade.
Crypto.com and Canary Capital to launch US CRO fund
Crypto.com and asset manager Canary Capital are launching a US investment fund designed to provide exposure to the Cronos blockchain’s native token, CRO, the cryptocurrency exchange said in a statement.The Canary CRO Trust will h…
Price predictions 5/19: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI
Key points:Bitcoin’s rejection at $107,000 shows sellers are active at higher levels, but the recovery from the intraday low shows solid buying.Strategy and Metaplanet continue to accumulate Bitcoin, adding steady buy-side pressu…
‘Before Bitcoin, my most successful investment was shorting the Bolivar’ — Ledn co-founder
Before discovering Bitcoin (BTC), Ledn co-founder Mauricio di Bartolomeo found success shorting the Venezuelan Bolivar as it rapidly lost value against the stronger US dollar. Now, with the US dollar depreciating against Bitcoin, borro…
Ripple launches cross-border blockchain payments in UAE
Ripple, the creator of cryptocurrency XRP (XRP), launched cross-border blockchain payments in the United Arab Emirates (UAE), a development that could spur the adoption of cryptocurrency in a country receptive to digital assets.Zand Ba…
JPMorgan To Allow Clients To Buy Bitcoin, Says Jamie Dimon
A longtime vocal critic of bitcoin, Dimon said the bank he runs will now let clients to buy the crypto.
Bitcoin ignores Moody’s US debt downgrade, rallies back to $105K after profit-taking sell-off
Key takeaways:Bitcoin recovered from its sharp sell-off from $107,000, suggesting it functions as a hedge against uncertainty for investors reacting to Moody’s recent downgrade of US debt.Moody’s downgraded the US credit ra…