Bitcoin’s (BTC) price briefly hit $120,000, with daily trading volume surging past $77 billion. The BTC price rise happened after more than $920 million in Bitcoin was withdrawn from Kraken and sent to unknown wallets in under one hour today. There is a strong accumulation patterns based on the transfers alongside more purchases by ETFs.
Bitcoin is on a historic run, setting a new all-time high above $122,000 just last week. Can Bitcoin bulls keep the momentum going? At the moment, Bitcoin sits just below $120,000, and the question before traders on the Myriad prediction market is: Can Bitcoin hold above $120,000 by the end of the week? On Myriad,
Real-world asset (RWA) tokenization is rapidly emerging as one of Wall Street’s most promising innovations, and with the recent passage of pro-industry legislation, particularly the US GENIUS Act, growth in the sector is poised to accelerate, according to Aptos Labs’ newly appointed chief business officer, Solomon Tesfaye. In a conversation with Cointelegraph ahead of the
Shares of Opendoor Technologies (OPEN) have skyrocketed more than 170% over the past five trading days after being crowned this season’s meme stock by traders on Reddit’s WallStreetBets. Shares of the online real estate marketplace have seen an upsurge in speculative interest and trading volumes over the past month after gaining traction among traders on
The Financial Times reports that JPMorgan, the world’s biggest bank, is looking into issuing crypto-backed loans, meaning that its clients may soon be able to pledge bitcoin, ether, or some other token to borrow dollars. The news is notable for a couple of reasons. Crypto folks love pointing out that Jamie Dimon, the bank’s chief
Leading cryptocurrency Bitcoin (BTC) experienced a new surge in the last hour. After briefly falling below $120,000, Bitcoin reached $119,759, rising 0.58% in the last hour. Rising by 2.21% on a daily basis and 2.59% on a weekly basis, BTC continues to lead the cryptocurrency market with a market value of $2.38 trillion. Chart showing
Earlier this Tuesday, the prices of Bitcoin (BTC), XRP, and other major tokens surged higher amid rumors of Federal Reserve Chair Jerome Powell’s resignation started spreading like wildfire on the X social media network. Several right-wing influencers and some cryptocurrency accounts started sharing a resignation letter that was allegedly written by Powell. However, there is