Key Takeaways The Central Reserve Bank of El Salvador has increased its total gold holdings to 58,105 troy ounces from 44,106 troy ounces. Gold and silver prices recently reached record highs amid economic and political volatility. El Salvador’s Central Reserve Bank (BCR) announced on Thursday that it had acquired 13,999 troy ounces of gold, worth
The crypto rally is faltering as digital assets and related stocks fall. Tokens and companies tied to Donald Trump’s family are seeing the steepest declines. Nasdaq is reportedly tightening the rules for digital-asset treasury companies. The music has stopped. While traditional stocks and bonds are surging on the promise of an imminent Federal Reserve rate
Bitcoin’s (BTC) price recovery has gathered traction in the lead up to Friday’s U.S. jobs report. The leading cryptocurrency by market value rose to $113,000, its highest level since Aug. 28, and recorded its first higher high since the mid August all time peak of $124,000, according to CoinDesk data. In technical terms, a higher
The crypto community has been divided over Stripe’s decision to launch its own layer-1 blockchain, with many asking why the payment firm didn’t just build on top of an already existing blockchain network. It came after Stripe CEO Patrick Collison said in an X post on Thursday that “existing blockchains are not optimized” to handle
Bitcoin’s (BTC) lack of short-term bullish drivers and worsening technical outlook has prompted one analyst to plan bids at lower price levels to capitalize on a potential market freakout. “I will leave bids at $94,0000 and $82,000 in case of a freakout,” Brent Donnelly, president of Spectra Markets, said in a market update. “If my
Polygon is a Layer 2 blockchain platform that scales Ethereum by processing transactions off-chain before committing checkpoints to Ethereum’s mainnet, enabling fast and low-cost transactions while maintaining security. The platform functions as a multi-chain ecosystem that addresses Ethereum’s scalability limitations through various technical approaches, including sidechains, plasma chains, and zero-knowledge rollups. What started as Matic
The bitcoin BTC$111,596.84 bull run has already stalled with ongoing sales from long-term holder wallets and a slowdown in ETF inflows. To make matters worse, another lesser-known but significant market variable appears to be turning against BTC bulls, signaling new challenges on the horizon. That market variable is the MOVE index, created by Harley Bassman,