The FED paused the interest rate cuts, which began in September 2024, in January 2025. The FED’s interest rate decision in July, which has kept interest rates steady since January, is eagerly awaited. With just one week left until the Fed announces its highly anticipated interest rate decision, Reuters conducted a survey with the participation
Bitcoin price edges lower on Wednesday after testing the upper band of a consolidation range near $120,000. US-listed spot Bitcoin ETFs record a second straight day of outflows, with $67.93 million exiting on Tuesday. Technical indicators signal a weakening of bullish momentum, suggesting a possible short-term correction ahead. Bitcoin (BTC) trades slightly down to near
Binance, the largest cryptocurrency platform in the world, is reaching a historic milestone: over 60,000 Bitcoin in unrealized profits, equivalent to about 7.2 billion dollars at current prices. It is the highest level ever observed, according to on-chain data from CryptoQuant. A clear signal: the BTC treasury held by the exchange is solidly in the
Two-thirds of Russian families would like to invest financial assistance granted by the state to boost fertility, and cryptocurrencies like Bitcoin are among the most favored options. According to a new survey, the majority of moms and dads don’t have a clear idea about what they may do with the one-time benefit given for the
Michael Saylor, a co-founder and the executive chairman on the Bitcoin treasury firm Strategy (MicroStrategy converted), has taken to his account on the social media network X to reveal the company’s “Bitcoin Defence Department” to the crypto community. This tweet was published a day after Strategy announced a new proposed initial public offering of the
Stocks rallied in early-morning trading on Wednesday, with the Dow Jones Industrial Average adding more than 200 points at the open. Investors appeared to welcome President Donald Trump’s announcement that the U.S. had reached a trade deal with Japan. The Dow Jones Industrial Average rose nearly 240 points, and the S&P 500 inched higher by
Bank of New York Mellon (BNY) and Goldman Sachs (GS) are rolling out tokenized money market funds for clients as digital asset adoption is accelerating. BNY, which is one of the oldest and largest custody banks in the world overseeing $53 trillion of assets, announced on Wednesday to start offering institutional investors token versions of
Jack Dorsey’s Square (XYZ) has begun the rollout of bitcoin payments for merchants on its network. Square began onboarding the first sellers, enabling them to accept Lightning Network-powered BTC payments from customers, Owen Jennings, executive officer at Square’s parent company Block (XYZ), posted on X on Tuesday. Payments are settled in real-near time using Bitcoin
The Spanish coffee chain Vanadi coffee made a Bitcoin purchase as it continues to stockpile the asset for its dedicated reserves. How much BTC does it have now? Summary Vanadi Coffee bought two additional BTCs to its reserves, bringing the total to 76 BTC. The Spanish coffee firm accelerated its BTC treasury strategy amidst suffering
With only a week left until the highly anticipated FED interest rate decision, cryptocurrency company Matrixport has published its new analysis. At this point, Matrixport stated that cryptocurrency investors should be careful in the short term. Analysts pointed out that open interest and funding rates, especially in Bitcoin futures, are increasing together, and that the