Bitcoin fell for a second straight day, dropping 1.4% to trade just under $63,600. It hit a session low of $62,732 early Friday, trimming its market cap and dragging the aggregate crypto market capitalization down 1.8% to $2.26 trillion. Tech Sell-Off and Geopolitical Tensions Weigh on Markets Bitcoin trended lower for a second consecutive day […]
Tether CEO Paolo Ardoino says USDT’s user base is growing by more than 30 million wallets per quarter, extending the stablecoin’s lead as its market capitalization hovers near record levels. Growth That Shows No Signs of Slowing Down Ardoino’s latest growth figure is the newest in a series of adoption statistics the chief executive has […]
Crypto ETF demand split sharply on Thursday, July 16, as bitcoin products drew $79.15 million while ether funds lost $28.04 million. XRP and Solana ETFs also attracted fresh capital, while T. Rowe Price launched a multi-token fund with an unusually large HYPE allocation. Bitcoin ETFs Extend Their Inflow Streak to Three Days Wall Street’s crypto […]
After briefly crossing $65,000 following positive U.S. producer price index data, bitcoin fell back to around $64,200, dragging its market cap back under $1.3 trillion. Volatile Intraday Trading On Thursday, bitcoin failed to maintain an uptrend that had seen it log significant gains in the prior 48 hours. Market data shows the cryptocurrency gradually retreated […]
The White House posted a nine-second video promoting a new $1 “Trump Coin” on Wednesday, briefly rattling the market for the TRUMP memecoin, where nearly 989,000 wallets remain underwater. Promotion on the Biggest Platform Possible The White House’s official account on social media platform X published a nine-second video on Wednesday captioned simply “TRUMP COIN!” […]
The U.S. Senate unanimously approved S.Res. 772, a bipartisan resolution opposing any presidential pardon or commutation for former FTX CEO Sam Bankman-Fried, reinforcing Senate support for financial accountability as his clemency petition remains pending. Senate Unanimously Opposes Clemency for Bankman-Fried The U.S. Senate on July 15 unanimously approved S.Res. 772, a bipartisan resolution declaring that […]
Fueled by positive economic data, bitcoin added to its July 14 gains on Wednesday to breach $65,000, hitting an intraday peak of $65,518 and driving its market cap past $1.3 trillion. Leveraged Shorts Wiped Out in Derivatives Flurry Building on a recovery that wiped out Monday’s losses, bitcoin comfortably surpassed the $65,000 threshold on Wednesday. […]