Bitcoin $BTC$63,888.86 and the Dollar Index (DXY) are moving in opposite directions, with the latter on the verge of a major move that may embolden crypto bears. The largest cryptocurrency is under pressure for a third straight day, trading near $63,900 and down nearly 1% since midnight UTC. The broader market is mostly showing similar
Capital B shareholders have approved a financing framework that authorizes up to €5 billion (~$5.36 billion) in capital increases and €100 billion (~$107.15 billion) in credit instruments to support the company’s Bitcoin treasury strategy. Capital B said in a June 17 press release that shareholders approved all resolutions presented at the company’s Annual Ordinary and
Real-world asset (RWA) tokenization protocol Multipli has secured an investment from Coinbase Ventures’ Base Ecosystem Fund, the company announced on June 18. The specific financial terms of the deal were not disclosed. Strategic Backing for RWA Infrastructure The investment signals continued institutional interest in bridging traditional financial assets with decentralized finance (DeFi) infrastructure. Multipli focuses
Bitcoin has fallen back toward the $64,000 level after the Federal Reserve adopted a hawkish policy stance, erasing a relief rally that had been fueled by easing Middle East tensions and renewed hopes for lower energy prices. According to crypto.news market data, Bitcoin ($BTC) climbed to an intraday high of $66,315 on June 17 before
Bitcoin is back at a key support area after losing its recent breakout level, leaving traders split on the next move. The Moon Show says $BTC needs a strong reaction from support, while SuperBro says a CME gap fill and possible moving average cross could still push Bitcoin toward $70,000. Bitcoin Slips Below Breakout Level
Artificial intelligence has become one of the biggest forces driving stocks higher. The S&P 500 continues to hit record highs, fueled by investor excitement around AI and massive spending by the world’s largest technology companies. But a growing number of investors are asking a difficult question: What happens if the AI boom fails to deliver?
In brief Bitcoin traded near $64,100 Thursday morning, down about 1% on the day but up roughly 2% over the past week, after the Federal Reserve’s first meeting under new Chair Kevin Warsh. Warsh’s hawkish signals, which included lifting the Fed’s year-end rate projection and reviving July hike bets, cooled a relief rally tied to
New Federal Reserve Chair Kevin Warsh ended his first FOMC meeting without changing interest rates. The FOMC statement said officials voted 12-0 to keep the federal funds target range at 3.50% to 3.75%. The Fed said economic activity was expanding at a solid pace, while inflation remained above its 2% target. It also said some
A potential signal in Bitcoin’s market behavior is drawing attention as investors look for clues about where money could move next. Analyst Pumponomics said he recently increased his crypto exposure after spotting a bullish divergence between Bitcoin and the S&P 500, a pattern he believes could indicate capital returning to digital assets. Pumponomics said he
BTTInferGrid is a decentralized GPU computing network purpose-built for AI inference. By bridging the global supply of idle GPU capacity with the surging demand for AI workloads, BTTInferGrid delivers an open-access, verifiably secure, and pay-as-you-go computing infrastructure for AI developers worldwide. On June 17, BitTorrent, a pioneer in decentralized technology, announced the strategic launch of