The price of bitcoin has exceeded $70,000, increasing by 2.1% during today’s trading sessions. This latest rise led to the liquidation of $27.75 million in bitcoin short positions. Bitcoin Trades Above $70K, Leading to Multi-Million Dollar Liquidations Bitcoin (BTC) is up 2.1% today and 3% over the past seven days. The price has also risen […] Source: https://news.bitcoin.com/bitcoin-breaks-70k-barrier-leading-to-27-75m-in-liquidations/
Month: May 2024
Libertarian Party has US Presidential candidate — What’s his crypto platform?
Chase Oliver’s proposed running mate has a strong anti-CBDC platform, but the 38-year-old Libertarian Party nominee seems to have been largely silent on crypto. Source: https://cointelegraph.com/news/libertarian-candidate-president-crypto
Bernstein Predicts Crypto Arms Race Among Asset Managers
Global investment management and research firm Bernstein states that cryptocurrency is evolving into a substantial business opportunity for asset managers. With the recent decrease in the popularity of ESG (Environmental, Social, and Governance) funds, Bernstein notes that attention is expected to shift towards cryptocurrency as a significant driver of hypergrowth. According to Bernstein, there will […] Source: https://news.bitcoin.com/bernstein-predicts-crypto-arms-race-among-asset-managers/
Price analysis 5/27: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
Bitcoin and Ether are finding buyers at higher levels, indicating that the respective overhead resistance levels are weakening and new all-time highs could be on the way. Source: https://cointelegraph.com/news/price-analysis-5-27-spx-dxy-btc-eth-bnb-sol-xrp-ton-doge-ada
Bitcoin Spot ETFs Now Control Over 1 Million BTC
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Over 1 million BTC are now held in custody by Bitcoin exchange-traded funds (ETFs) designed to track the asset’s price performance. More than 30 Bitcoin ETFs…
Binance affiliate Gopax sold Genesis creditor claims at steep discount: Report
The Gopax exchange reportedly owes 100 billion Korean won in unreturned user staking deposits. Source: https://cointelegraph.com/news/binance-sold-subsidiary-genesis-creditor-claims-steep-discount
Bitcoin Over $70K Amid Argentina Legal Tender Talks, Ethereum Flirts with $4K
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Most of the top 100 tokens are in the green as Bitcoin jumps 2.5% and slips past $70,000 while Ethereum flirts with $4,000, according to CoinGecko. …
US Treasury Secretary Yellen Warns of Challenges in Controlling Deficits and Interest Expense
U.S. Treasury Secretary Janet Yellen has stressed the importance of managing U.S. borrowing needs amid higher long-term interest rates, emphasizing the need to boost revenue in budget negotiations. “We’ve raised the interest-rate forecast. That does make a difference. It makes it somewhat more challenging to keep deficits and interest expense under control,” Yellen told Bloomberg […] Source: https://news.bitcoin.com/us-treasury-secretary-yellen-warns-of-challenges-in-controlling-deficits-and-interest-expense/
Apu Memecoin Soars, Reaching 11,600 Token Holders with Strong Community Support
PRESS RELEASE. Apu Apustaja, a new memecoin making waves in the industry, has announced impressive support from its rapidly growing community, including over 11,650 coin holders and more than 13,000 Telegram channel members. Leading a revolution in the sector, which sees frog memecoins replacing dog-themed coins. Behind its sudden surge in popularity are a highly […] Source: https://news.bitcoin.com/apu-memecoin-soars-reaching-11600-token-holders-with-strong-community-support/
Dabba Announces Expansion of 10,000 New Wifi Hotspots in India Through Depin Program
Dabba, a decentralized physical infrastructure network (Depin), has announced it will deploy 10,000 new wifi hotspots globally, aiming to enhance internet accessibility in underserved Indian regions. This expansion coincides with the upcoming token generation event on the Solana blockchain scheduled for July. Dabba’s Depin Initiative Targets India with 10,000 Wifi Hotspots The initiative, dubbed season […] Source: https://news.bitcoin.com/dabba-announces-expansion-of-10000-new-wifi-hotspots-in-india-through-depin-program/