Bitcoin made a new all-time high of $111,970.17, exactly 13 days ago, and since then it has formed a clear ranging price action. Bulls are aiming for another all-time high, while bears are hoping that price can retrace below the $100k level and beyond. Let’s find out which scenario is more probable in this BTC…
The crypto market retreated after Thursday’s trading session, with Bitcoin falling to a low of $100,470, marking its lowest point since May 8 and 10% below its highest level this year. Below are three reasons why the crypto market was trading lower. 1. Profit taking Bitcoin (BTC) and most altcoins pulled back due to profit-taking…
While Michael Saylor’s Bitcoin playbook is the talk of Wall Street, another U.S.-listed company, Know Labs, is set to join the growing list of publicly traded Bitcoin treasury companies. Former Ripple chief risk officer Greg Kidd is set to acquire Know Labs Inc., a medical device company that offers non-invasive health monitoring solutions, and adopt…
First Digital Labs has launched FDUSD on Arbitrum, Ethereum’s largest Layer-2 network, marking the stablecoin’s latest expansion and further strengthening its cross-chain presence. The launch is designed to offer users access to low-cost, high-speed transactions while positioning First Digital USD (FDUSD) as a core stablecoin for decentralized finance, spanning five blockchains and multiple regional markets…..
Circle stock price continued its uptrend in pre-market trading, cementing its position as one of the best-performing initial public offerings of the year. CRCL jumped 170% on its first trading day and climbed another 16% in the pre-market session. This surge pushed its market capitalization above $20 billion, roughly a third of USD Coin’s (USDC)…
Strategy is doubling down on Bitcoin through a new $1 billion preferred stock IPO. Executive Chairman Michael Saylor explained on CNBC’s Squawk Box how Strategy is leveraging high-yield instruments to convert dollar capital into Bitcoin (BTC) exposure. “We are offering fixed U.S. dollar yield and we’re swapping it into BTC yield, which is what our…
Quant price is on the verge of a 47% surge to its December high as the supply on exchanges falls and those held by top addresses jump. Quant (QNT) rose to a high of $116 on Wednesday, up by 95% from its lowest level in April this year. It is hovering near its highest point…
XRP price has been under pressure this year, dropping by over 37% from its highest point in November. Ripple (XRP) was trading at $2.15 on Friday, a notable price as it matches the level seen on January 1. The coin has formed a distinct bearish pattern, signaling a potential 75% crash to $0.52. On-chain metrics…
Zebec Network, a decentralized real-time payment streaming platform, has acquired Gatenox to integrate native KYC, KYB, and AML compliance into its payment infrastructure. Zebec Network (ZBCN) has just announced its acquisition of Gatenox, a digital identity infrastructure company specializing in KYC, KYB, and AML compliance. The move is aimed at enhancing Zebec’s AI infrastructure by…
Total crypto liquidations hit $972.22 million in 24 hours, with Ethereum, XRP, Dogecoin, and Solana among the most impacted Long traders were caught off guard in the largest liquidation event since February, following a public split between U.S. President Donald Trump and a former close ally and supporter Elon Musk. On June 6, a wave…
