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World Liberty Financial, backed by the family of U.S. President-elect Donald Trump, on Wednesday exchanged about $10 million worth of Coinbase’s (COIN) wrapped bitcoin, cbBTC, for rival WBTC. Wrapped bitcoin …
Trump-Backed World Liberty Financial Swaps Its cbBTC for WBTC After Sun Joins as Adviser Read MoreIn a report published on December 17, analysts at cryptocurrency exchange Bitfinex stated that a combination of rising institutional adoption of Bitcoin (BTC) and bullish technical indicators could push the …
Bitcoin May Surge To $200,000 By Mid-2025 Amid ‘Mild’ Price Pullbacks: Report Read MoreCrypto traders initial worries about a hawkish Fed materialized Wednesday as Chairman Jerome Powell cut interest rates but expressed uncertainty about the speed and extent of future easing. And now …
Hawkish Fed Has Bitcoin Market Feeling Most Fearful in 3 Months Read MoreA bitcoin (BTC) slump spiraled into over $700 million worth of liquidations across futures tracking major tokens, with XRP and dogecoin (DOGE) products recording unusually high losses. BTC fell under …
Bitcoin’s Nosedive to Under $100K Shaves $700M Crypto Longs, XRP Drops 5% Read MoreBitcoin has seen continuous bullish momentum in recent weeks resulting in the asset’s consistent new highs. According to recent analysis, this momentum appears to not just be random as it …
Bitcoin Exchange Reserves Hit Record Low, Could $120K Be on the Horizon? Read MoreOn-chain data shows a massive amount of the stablecoin USDT has been moving to exchanges recently, potentially acting as fuel for the Bitcoin and wider cryptocurrency rally. USDT Exchange Inflows …
Secret Bitcoin Driver: Exchanges Receiving $40 Million USDT Fuel Per Day Read MoreBitcoin price started another decline below the $105,000 zone. BTC is down nearly 5% and attempting a close below the $100,000 support zone. Bitcoin started a fresh decline from the …
Bitcoin Slips Below $100K: Is The Rally Losing Steam? Read MoreWhen Michael Saylor announced MicroStrategy’s conversion of $250 million in Treasury reserves to bitcoin in August 2020, Wall Street analysts dismissed it as a reckless gamble. “Superior to cash,” Saylor …
How Wall Street’s Relationship With Bitcoin Will Transform in 2025: 5 Predictions Read MoreBOB, the “hybrid layer-2” network seeking to make Bitcoin the center of the decentralized finance (DeFi) universe, has taken a step toward that goal by integrating with BTC restaking protocol …
‘DeFi on Bitcoin’ Gets a Boost as BOB L2 Integrates $6B BTC Staking Protocol Babylon Read MoreThe U.S. Federal Reserve lowered its benchmark fed funds rate by 25 basis points to the 4.25%- 4.50% range, its third consecutive easing move this year and now marking a …
Fed Cuts Interest Rates by 25 Basis Points, Bitcoin Slips Below $104K on Hawkish Tone Read More