Leading cryptocurrency Bitcoin fell as low as $81,000 overnight amid weakness in South Korean and US technology stocks, but quickly recovered and surpassed $84,000. This situation with $BTC, where hundreds of millions of dollars worth of leveraged positions were liquidated, prompted renowned investor Tom Lee to warn that the decline in the South Korean stock
U.S. institutions appear to be selling Bitcoin faster than traders on Binance. As the Coinbase Premium Index has stayed negative for several days, showing that Bitcoin is trading at a lower price on Coinbase than on Binance. This selling pressure among U.S. investors comes ahead of the upcoming CPI report. Meanwhile, Bitcoin has fallen below
Metaplanet will issue 52 billion yen ($329 million) in zero-coupon, euro-yen convertible bonds due in 2031. Japanese investment and Bitcoin treasury company plans to use about 23.6 billion yen ($149 million) of the net proceeds to repay Bitcoin-collateralized loans and about 28.3 billion yen ($179 million) for share buybacks, according to a Tuesday announcement. The
Bitcoin price is rebounding more than 3% today, bouncing from $81,017 to $84,074. The sharp rise comes amid a mix of macro and technical factors. Traders remain bullish amid $BTC buys by Strategy and other corporate Bitcoin treasuries. Know when yourcoins moveAlerts, real-time prices, and market news — all in one app 4.8 based on
Bitcoin ($BTC) rebounded toward $84,000 on Tuesday as crypto markets skirted fresh losses for South Korean stock markets. Key points: Bitcoin diverged from plummeting Asian tech stocks on Tuesday, rebounding from a low near $81,000. Semiconductors led an exodus from South Korea’s KOSPI amid ongoing investors’ nerves over AI and Chinese competition. $BTC price upside
At the recent Solana Summit Korea, CEO of the Solana Institute, @millercwl, emphasized the growing trend of trading tokenized U.S. equities onchain. This development has emerged as one of the most compelling narratives surrounding Solana over the past 18 months. The focus on tokenized trading could significantly influence market dynamics and drive more institutional adoption
At a recent AGM, Base explored the future of tokenization, particularly focusing on lending and borrowing strategies in the crypto space. The discussion highlighted the growing interest in bringing off-chain holdings onto on-chain platforms. This could significantly reshape asset management, with implications for both retail and institutional investors. For more details, see Base’s tweet here.
Bitcoin’s price dipped further on Monday, sliding 2% over a 24-hour period to trade at a little over $82,423. The coin over the past week has dropped by 3%, and so far this month, it’s trading down. October is usually a strong month for the OG cryptocurrency. Data from Coinglass shows that it has finished
WisdomTree is making waves in the crypto space as its commitment to tokenization gains traction. According to commentary from a CryptoTwitter influencer, the company has been exploring the transformative potential of tokenization for five years. This proactive approach could significantly influence how financial products are developed, aligning with the evolving needs of clients in an