Bitcoin experienced a brief dip below $108,000 following the release of US Consumer Price Index (CPI) data showing inflation at 2.4%. However, strong underlying investor demand suggests the cryptocurrency could soon rebound towards the $110,000 mark. Market sentiment remains decidedly… Read More »Bitcoin Eyes $110K Rebound as CPI Dip Sparks Accumulation
Binance has removed Syria from its list of restricted countries, granting Syrian users full access to its cryptocurrency services. This includes spot and futures trading, staking, and Binance Pay for cross-border payments. The decision follows the suspension of U.S. sanctions… Read More »Binance Lifts Syria Restrictions, Enables Full Crypto Services Access After U.S. Sanctions Suspension
A cryptocurrency analyst has suggested that Bitcoin possesses the potential to reach $200,000 by the end of the current year. This prediction is presented as a realistic possibility following the release of subdued U.S. inflation figures. The analyst’s outlook hinges… Read More »Analyst Predicts Bitcoin Could Reach $200K by Year-End Following Muted U.S. Inflation Data
Healthcare technology firm H100 Group AB has raised 101 million Swedish krona ($10.6 million) through share issues and convertible loans to substantially increase its Bitcoin holdings, reflecting a strategic pivot toward cryptocurrency integration in corporate treasuries. The funding initiative targets… Read More »H100 Group AB Secures $10.6 Million to Expand Bitcoin Treasury Strategy
Ethereum’s price experienced a significant surge, breaking through the $2,800 threshold. This rise is attributed to robust institutional investment activity alongside a prevailing wave of positive sentiment across the cryptocurrency market. Notably, trading volumes surged, registering a 28% increase to… Read More »Ethereum Surges Past $2,800 Fueled by Strong Institutional Inflows
Web3 ai ($WAI) has emerged as a compelling cryptocurrency investment after raising over $7.5 million in its ongoing presale, currently priced at $0.000422 in its eighth funding stage. The project’s focus on artificial intelligence-powered utility tools positions it as a… Read More »Web3 ai Token Gains Momentum with $7.5M Presale Amid Bitcoin Cash and Dogecoin Sustainability Concerns
Optimism (OP) has demonstrated significant short-term bullish momentum, surging 20% since early June to test critical resistance near $0.72-$0.74. This upward movement breaks OP’s previous bearish structure within its established $0.59-$0.84 trading range. Technical indicators present mixed signals despite the… Read More »Optimism Tests $0.74 Resistance Amid 20% Rally, But Sustainability Concerns Linger
TYB has successfully obtained $11 million in Series A funding to advance the development of its blockchain-powered loyalty programs. The funding round was co-led by Offline Ventures and Strobe Ventures, with significant participation from Coinbase Ventures, Castle Island Ventures, and… Read More »TYB Secures $11 Million Series A Led by Offline, Strobe Ventures for Blockchain Loyalty Platform
Ethereum options markets are exhibiting overwhelmingly bullish sentiment, with key trading metrics reaching unprecedented levels that indicate strong trader confidence in ETH’s price appreciation. The put/call open interest ratio for Ethereum has neared a historic low of 0.43, signaling a… Read More »Ethereum Options Signal Strong Bullish Sentiment as Put/Call Ratios Hit Historic Lows
Sandeep Nailwal has been named the first Chief Executive Officer of the Polygon Foundation, marking a strategic leadership transition aimed at accelerating development of Polygon PoS and AggLayer technologies. The appointment establishes formal executive oversight to enhance operational efficiency and… Read More »Sandeep Nailwal Appointed as Inaugural CEO of Polygon Foundation to Accelerate Ecosystem Growth
A significant portion of Bitcoin’s circulating supply is now held by centralized entities, including governments, exchange-traded funds (ETFs), and publicly listed companies. These entities collectively control approximately 30.9% of the total Bitcoin in circulation. This translates to holdings of roughly… Read More »Centralized Entities Control Nearly One-Third of Bitcoin Circulating Supply
Prominent gold advocate and long-time Bitcoin critic Peter Schiff has publicly acknowledged regret for not investing in Bitcoin during its formative years. This rare admission comes as Bitcoin’s value surges past $110,000, cementing its position as a major financial asset.… Read More »Gold Advocate Peter Schiff Expresses Regret Over Early Bitcoin Investment Miss
XRP is currently trading around $2.26, showing minimal daily price movement amid technical consolidation. Key support holds near $2.20 while resistance persists at $2.30, with indicators suggesting potential for a breakout pending regulatory catalysts. Market participants await a critical June… Read More »XRP Consolidates Near $2.26 Ahead of Pivotal SEC Court Deadline
Bitwise CEO Hunter Horsley indicates Bitcoin’s current sell pressure could diminish significantly once prices surpass the $130,000 mark. Early Bitcoin holders are actively taking profits near the $100,000 price level, but Horsley anticipates this selling activity will subside as values… Read More »Bitwise CEO Predicts Bitcoin Sell Pressure to Ease Above $130,000 Threshold
Gate cryptocurrency exchange has introduced USDT-settled perpetual contracts for SQD, allowing traders to utilize leveraged positions of up to 20x. This new derivative product features flexible leverage settings ranging from 1x to 20x, expanding the platform’s suite of advanced trading… Read More »Gate Exchange Launches SQD Perpetual Contracts With 20x Leverage
Centralized entities, including governments, exchange-traded funds (ETFs), and public companies, now collectively hold nearly one-third of Bitcoin’s circulating supply. This significant concentration, representing 30.9% or 6.1 million BTC valued at $668 billion, underscores a dramatic shift towards institutional dominance within… Read More »Institutional Treasuries Control Nearly One-Third of Bitcoin Supply, Signaling Market Shift
Surging institutional investment is fueling Ethereum’s price momentum, positioning the asset for a potential $3,000 valuation as market confidence strengthens. Ethereum has registered a 40% price appreciation over the past month, primarily driven by substantial institutional capital inflows and strategic… Read More »Institutional Demand Drives Ethereum Toward $3,000 Barrier Amid Record ETF Inflows
The Australian Securities and Investments Commission (ASIC) has imposed a 10-year ban on former financial adviser Glenda Rogan after she misappropriated AUD 14.8 million from client portfolios. Between March 2022 and June 2023, Rogan diverted client funds into a fraudulent… Read More »ASIC Bans Financial Adviser Glenda Rogan for 10 Years Over AUD 14.8M Crypto Fraud
The Ethereum community faces internal turmoil as Péter Szilágyi, a core developer of the Geth execution client, publicly accused the Ethereum Foundation of attempting to fracture his team through covert funding initiatives. Szilágyi alleges the foundation secretly financed a parallel… Read More »Geth Developer Accuses Ethereum Foundation of Secret Funding to Split Team
Louisiana has taken a significant step towards becoming a blockchain technology leader with the establishment of a $50 million innovation fund and a dedicated bipartisan legislative subcommittee. The initiative aims to foster blockchain development and startup attraction within the state.… Read More »Louisiana Launches Blockchain Fund, Connecticut Policy Ambiguity Sparks Uncertainty