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Today in crypto, Republicans suffered their first setback in Congress on crypto legislation, Bitcoin-powered darknet marketplace Abacus Market has gone offline amid suspected law enforcement pressure, and Ripple plans to pursue a MiCA license.First crypto bill vote fails to get 100% Republican suppoā¦
Crypto exchange Kraken has launched a derivatives platform for US traders, offering access to CME-listed cryptocurrency futures and expanding the availability of institutional-grade trading tools.On Tuesday, the exchange announced the launch of Kraken Derivatives US, providing access to futures contā¦
Key point:BTC is showing signs of profit-booking, but buyers may stall the pullback near $113,000.Bitcoin pulled back after hitting a new all-time high of $123,218 on Monday, indicating profit-booking at higher levels. The correction seems to be technical in nature, as the underlying demand remainsā¦
Key point:Strong inflows into the Ether ETFs and purchases by Ethereum treasury companies suggest investors expect the rally to continue.Ether is witnessing selling above the $3,000 level, but a positive sign is that the bulls have not given up much ground. That suggests the investors are backing iā¦
Key takeaways:June CPI data showed rising headline and core inflation, reducing expectations of an interest rate cut in July.Bitcoin must reclaim the $119,250ā$120,700 zone to confirm bullish momentum and aim for fresh highs above $123,000.Bitcoin (BTC) price rallied to $118,400 from $16,500 on Tuesā¦
Key takeaways:High whale activity on Binance and profit-taking by long-term holders may increase selling pressure and volatility.Bitcoin may drop to fill the CME gap below $115,000.After starting the week with new all-time highs, Bitcoin reverted to negative returns as its price dropped 5% to $116,ā¦
Key takeaways:Institutional investor inflows are changing Bitcoinās character, reducing its volatility and increasing accessibility for everyday investors.Spot Bitcoin ETFs now hold over $138 billion in assets, with RIAs, hedge funds, and pensions driving a growing share.Lower volatility improves Biā¦
Simon Gerovich, CEO of Tokyo-based Metaplanet, is part of a consortium that is negotiating to acquire a controlling stake in SGA, a publicly traded software services company listed on South Koreaās KOSDAQ. The deal, if finalized, would position SGA to acquire Bitcoin as part of a broader digital assā¦
The four-year Bitcoin market cycle of forming new all-time highs followed by deep corrections is not dead, contrary to popular belief, according to Xapo Bank CEO Seamus Rocca.In an interview with Cointelegraph, the CEO said that the risk of a prolonged bear market is still very real and does not neā¦
The Istituto per le Opere di Religione (IOR), commonly known as the Vatican Bank, has denied any connection to a fake cryptocurrency project claiming ties to it.The fake token, dubbed Vatican Chamber Token (VCT), was promoted on an online phishing scam website claiming to offer a āformal invitation ā¦
Maltaās cryptocurrency market regulator said that none of the local licenses issued under the Markets in Crypto-Assets Regulation (MiCA) are at risk following a recent peer review by European Union regulators.āNo MiCA license in Malta is at risk of revocation or re-evaluation as a result of the peerā¦
The attacker who exploited the GMX v1 decentralized exchange (DEX) and stole $40 million in crypto began returning the stolen funds after sending an onchain message promising to return the crypto.Ā In an onchain message flagged by blockchain security firm PeckShield, the hacker wrote that the funds wā¦