SAPIEN token has rallied as much as 70% following its TGE event, along with launch on multiple crypto exchanges, including Kraken and KuCoin. Summary SAPIEN token rose nearly 70% within a day following its launch. The token was listed on major exchanges such as Coinbase and Kraken shortly after its TGE. According to a recent…
With Bitcoin price is still in the red and price trading sideways all week, investor sentiment has weakened and demand is slowing. Summary Bitcoin’s price has been hovering around $113,000 for the past week as the market struggles to find momentum. The cryptocurrency has lost approximately 8% over the week and is now 8.4% below…
Brazil’s legislators will hold a hearing on the potential inclusion of Bitcoin in the nation’s sovereign reserves. Summary Brazil’s Chamber of Deputies will hold a hearing on making Bitcoin a reserve asset The Economic Development Committee will hear experts from government, banking, etc Brazil may soon become one of the countries that holds Bitcoin (BTC)…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Decentralized modes of living have historically allowed the West to continue its expansion across the globe. From feudalism to the Industrial Revolution, and now Bitcoin (BTC) — the new feudalism — decentralization…
Why is Bitcoin taking a downtrend over the past week, failing to hold up its recent gains and positive momentum. Summary Bitcoin is trading at $113,721, down 1.5% in 24 hours, with weekly losses above 55%. Large-scale profit-taking by long-term holders and loss-selling from short-term investors has added significant downward pressure on Bitcoin. Bitcoin (BTC)…
With $110,000 in sight as traders consider Fed signals and cooling accumulation, Bitcoin’s rise has reached a temporary roadblock. Summary After a steep post-ATH decline, Bitcoin is now consolidating around the mid-$110Ks; the tone was set by profit-taking into August 16. A $ 110,000 sweep remains on the table after a failed reclaim; on-chain data…
SoFi Bank will use Bitcoin’s Lightning Network to launch low-cost international money transfers, beginning with Mexico later this year. Summary SoFi Bank will leverage Bitcoin’s Lightning Network to launch a global remittance service. The service uses Lightspark’s Universal Money Address, which lets users send dollars abroad with real-time Bitcoin conversion. As part of its partnership…
Bitcoin price dips to $113,000, dragging the crypto market lower and pushing retail sentiment to its weakest level in weeks. Summary Crypto market cap slid to $3.8T, with Bitcoin 8.5% off ATH. Derivatives show risk reduction, as volume rises but open interest falls. Retail turns fearful, but whales and ETFs continue to add BTC. Bitcoin’s price…
Bitcoin and altcoin prices could be at risk of further downside as a top trader warns that the Federal Reserve may be about to err on monetary policy. Summary Bitcoin and altcoin prices may crash as a top trader warns on the Fed. He believes that the Fed should not cut interest rates in September. …
The capital raised from its landmark merger with Nakamoto is now on the blockchain. KindlyMD has executed its inaugural Bitcoin purchase, converting $679 million of its PIPE proceeds into the original crypto and signaling its intent to rival other corporate treasuries that now measure reserves in BTC. Summary KindlyMD completed its first Bitcoin purchase, acquiring…
