The correction has not lasted long, and all of the top 10 coins are in the green zone again, according to CoinStats. BTC/USD The rate of Bitcoin (BTC) has increased by 1.06% since yesterday. On the hourly chart, the price of BTC has made a false breakout of the local resistance of $119,239. However, if
U.S. stocks traded slightly higher on Wednesday as investors digested strong earnings results from major banks and the latest producer price index data. The Dow Jones Industrial Average and S&P 500 were up 140 points and 0.16% respectively, while Nasdaq Composite hovered at the flatline with 0.04%. Slight upticks in the blue-chip and benchmark indices
Cathie Wood-led investment firm Ark Invest has seen significant sell-offs in both Coinbase (COIN) shares and its own spot Bitcoin ETF, ARKB. Ark Invest Sells $1 Million in Coinbase Stock and Its Own Bitcoin ETF The company raised approximately $13.3 million by selling 34,207 Coinbase shares and $8.7 million by selling 225,742 ARKB shares. The
Decentralized AI data platform OORT has announced the listing of its user-generated Tools Dataset across several major enterprise data marketplaces. According to a July 16 press release shared with crypto.news, the dataset includes 100,000 data points contributed by users through OORT’s application. It is now live on Google Cloud Analytics Hub, Databricks Marketplace, Snowflake Marketplace,
Bulgaria’s 2018 sale of over 213,500 Bitcoin, now worth more than its entire public debt, sparks renewed discussion on crypto as a strategic reserve asset. The decision to liquidate these holdings reflects broader governmental challenges in managing volatile digital assets amid regulatory uncertainty and fiscal pressures. Alex Obchakevich of Obchakevich Research emphasizes Bitcoin’s volatility as
The integration is a showcase of the platform’s ongoing commitment to creating infrastructure for financial systems that anyone can access, by ensuring compliance and offering composable yield products. This also creates a path for further fusions of Liquid Yield Tokens (LYTs) into Etherlink’s ecosystem, offering various use cases that include collateralized lending, risk tranching, and
Talos, a provider of institutional-grade digital asset infrastructure backed by PayPal and Andreessen Horowitz (a16z), has acquired blockchain-data provider Coin Metrics in a deal valued at more than $100 million, Fortune reported Wednesday, citing a source familiar with the transaction. The acquisition combines Talos’ trading and portfolio-management suite with Coin Metrics’ on-chain analytics, historical pricing
Bitkub Exchange, the well-known digital asset entity in Thailand, has announced its official collaboration with Delrean Labs, a cutting-edge platform operating on the Sui blockchain. The partnership aims to redefine the ecosystem of real-world assets (RWAs) and unveil a unique epoch of tokenized mobility-related solutions. The platform took to social media to reveal this development.
Crypto investment firm QCP Capital announced in its analysis report that Bitcoin experienced a short-term correction after surpassing the $120,000 level and is currently finding support around $115,000. QCP Capital: Bitcoin Pulled Back After Surpassing $120,000, But Market Still Structurally Strong As summer approaches, a seasonal decrease in trading volume is observed in the cryptocurrency
Bitcoin (BTC) pulled back sharply from its intraday high of $119,020 on Tuesday, July 16, after news broke of a significant Israeli military strike on the Syrian capital, Damascus. The cryptocurrency, which had been trading near record territory, dipped to $118,593, as the global market absorbed the implications of heightened geopolitical risk in the Middle