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Bitcoin continued its upward momentum, trading around $104,000 as of late Sunday night after crossing the key $100,000 level for the first time in months. Analysts suggested that bitcoin may reach a new record high, though a short-term price correction also remains possible.According to The Block's …
Bitcoin’s potential price reaction to a trade deal between the United States and China could give insights into whether Bitcoin is being used as a safe-haven asset in the current market. Bitcoin outperformed stocks and held up “incredibly strong” during a sharp sell-off on stock markets in April, f…
By Elsa OhlenCryptocurrency-related stocks rose Thursday as Bitcoin gained momentum on hopes of easing global trade tensions.Crypto trading platform operators Robinhood and Coinbase rose 4.8% and 4%, respectively, in early trading. MicroStrategy, the largest corporate holder of Bitcoin, gained 4.1%.…
The Cardano price may be preparing for a powerful rally toward $1.7, as new indicators suggest a potential recovery. A leading crypto analyst has identified multiple bullish catalysts that could drive ADA’s momentum and help propel the cryptocurrency to this bullish target. Institutional Interest To…
The tension between the two leading global economies continues in full force as the White House threatens Beijing with another set of tariffs that could increase the total to 245%.Financial markets reacted with immediate volatility. Stock futures went down, gold jumped yet again, while bitcoin remai…
Tech stocks led advances in Asia on Thursday, taking their cue from Wall Street's gains after tepid inflation data allayed concerns over the state of the U.S. economy.U.S. Treasury yields remained elevated after pulling further away from recent lows the day before, on escalating tit-for-tat tari…
Asian markets mostly advanced on Wednesday as investors analyzed China’s economic growth and inflation targets while monitoring global trade tensions following new US tariffs on China, Mexico, and Canada. Despite concerns over escalating trade disputes, key indexes across the region recorded gains.J…
A cryptocurrency subsidiary of the Japanese financial conglomerate SBI is preparing to roll out support for Circle’s USDC stablecoin as local regulators soften stablecoin rules.On March 4, SBI VC Trade announced the completion of the first registration related to stablecoin transactions, enabling th…
Bitcoin continues to trade at record levels. According to checkonchain data, Wednesday's $130 billion bitcoin volume was one of the highest in its history. Trade volume has soared since President Trump won the U.S. election at the start of November, doubling from a daily average of $65 billion.The …
The use of national and alternative currencies in Russia-India trade has reached nearly 90%, according to Russian First Deputy Prime Minister Denis Manturov. Speaking at a Russian-Indian intergovernmental commission meeting, Manturov emphasized the importance of expanding banking cooperation between…
Circle CEO Jeremy Allaire said stablecoins are poised to become essential financial tools worldwide due to their potential to streamline cross-border trade and drive efficiencies in emerging markets, South China Morning Post reported. Speaking at the Hong Kong FinTech Week 2024 on Nov. 5, Allaire po…
SBI VC Trade, a Japanese crypto exchange firm, announces two promotional events for tokens themed after the Shiba Inu dog, including SHIB. Per an announcement today, the crypto exchange will launch two promotional events centered around Shiba Inu-themed tokens, SHIB and DOGE, to commemorate Japan’s …