Category: Bitcoin

Bitcoin Bitcoin$93,325.36 Reversing overnight gains to $94,000, the U.S. dollar index fell back to $92,000 during Thursday’s U.S. session, continuing to trade range-bound after an initial sharp decline, compared with gains earlier in the week. Ethereum’s Ethereum Ethereum$3,194.78 It performed relatively well, falling only 0.7% on the day, and changed hands above $3,100 in the…

A new bridge connecting Coinbase’s layer 2 network Base and the Solana blockchain is now live on mainnet, giving users and developers a way to directly transfer assets between the two ecosystems. The Base-Solana bridge is secured by Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Coinbase, enabling the trading and use of Solana-based tokens, including SOL…

Bitcoin Bitcoin$92,485.04 Again diverging from traditional risk asset complex performance, the latest divergence may be sending an important signal.The negative correlation between Bitcoin and the Nasdaq 100 generally coincides with Bitcoin’s market bottoms, and the current setup looks similar to several turning points in the past. This is the fourth time in the past five…

A group of former executives from Signature Bank, a crypto-friendly bank that closed in March 2023, announced on Thursday the launch of a new blockchain-powered full reserve bank designed to offer programmable U.S. dollar payments. The bank, known as N3XT and operating under a Wyoming Special Purpose Depository Institution (SPDI) charter, uses a private blockchain…

A cryptocurrency investor has donated 9 million pounds ($12 million) to Britain’s Reform Party, according to documents filed by the Electoral Commission on Thursday. According to the Financial Times, Thai entrepreneur Christopher Harborne invested in stablecoin issuer Tether and cryptocurrency exchange Bitfinex. His donation was described by many media as the largest single donation to…

Sovereign wealth funds are buying Bitcoin on dips Bitcoin$92,240.09BlackRock CEO Larry Fink said. “We’re seeing more and more legitimate long-term holding investors investing in it,” Fink said Wednesday at the New York Times DealBook Summit in New York. “I can tell you that there are a lot of sovereign funds […] They went in increments…

BNB rose to $908 in the past 24 hours, rising 1.44% in the period, with a surge in trading volume suggesting that large investors may accumulate the token during a consolidation phase. As BNB tested key resistance levels between $920 and $928, trading volume surged 68% above average, peaking at 86,436 coins in an hour,…

ICP$3.7254 It rose 1.1% in the past 24 hours, with volatility dominating the price action. The coin traded within a 5.5% intraday range, fluctuating between repeated support tests and brief rallies that failed to overcome recent resistance. Based on CoinDesk Research’s technical analysis data model. Volume expansion defined early trading. ICP saw 1.96 million coins…

Meta (META) may be moving further away from the virtual universe it once bet its future on. Executives are discussing budget cuts of up to 30% for the company’s Metaverse unit in 2026, Bloomberg reported, citing people familiar with the matter. The devices include Meta’s social virtual reality (VR) platform Horizon Worlds and its Quest…

Spot Bitcoin Listed in the United States Bitcoin$93,047.95 Billions of dollars in outflows from exchange-traded funds (ETFs) have sparked talk of institutional capitulation in recent weeks as prices plummeted 35% from $125,000 to lows of $80,000. However, Amberdata’s data analysis presents a more nuanced picture: “basis trading” or concentrated redemptions of arbitrage bets were closed,…