Spot gold tripped the $4,000 wire and landed at $3,991 per troy ounce, while silver parked at $46.47—two high-flyers finally catching their breath after brushing record altitudes. Gold Dips to $3,991; Silver Steadies Around $46 Gold’s dip below the big round number came as U.S.-China trade chatter brightened and equities put on a sunnier face,
Key Takeaways American Bitcoin Corp (ABTC) has increased its Bitcoin holdings via a strategic acquisition. A recent merger with a digital mining firm enables ABTC to integrate mining and reserve-building activities. American Bitcoin Corp (ABTC), a publicly traded Bitcoin mining and accumulation platform co-founded by Eric Trump, has expanded its corporate Bitcoin holdings to 3,865
While institutional interest in XRP continues to increase day by day, the latest news came from a company called Evernorth Holdings. As you may recall, Evernorth, a new cryptocurrency startup backed by Ripple, recently announced that it plans to raise over $1 billion to create the largest publicly traded XRP treasury. With the support of
Bitcoin traders may be breathing a sigh of relief amid evidence that the U.S.-China tariff wounds are healing. President Donald Trump’s threat to hike tariffs on China by 100% is widely credited with causing the Oct. 10 flash crash that wiped out an unprecedented $19 billion worth of open interest in crypto markets and tanked
The financial world is buzzing with discussions around digital currencies, and the Bank of Korea (BOK) has just weighed in with a significant recommendation concerning won stablecoins. Imagine a digital currency pegged to the Korean Won, offering stability in an often-volatile crypto market. The BOK suggests a dual approach: traditional banks should take the lead
Bitcoin (BTC) is showing signs of recovery on Monday, October 27, as the Crypto Fear & Greed Index climbed to 51 and turned neutral for the first time since President Trump initiated new tariff wars with China a couple of weeks ago. As of the time of writing, the cryptocurrency is trading at $115,420, having
High-risk, high-leverage trader James Wynn has initiated a 40x leveraged short on Bitcoin (BTC), betting against the current market surge. Wynn’s bold short trade comes at a time when optimism is rising among market players. Crypto whales are stacking substantial long positions in BTC, Ethereum (ETH), and more, suggesting widespread bullish confidence in the market’s
Key Takeaways BlackRock deposited $225 million in Bitcoin and Ether to Coinbase Prime. The deposits reflect ongoing institutional engagement with crypto assets. BlackRock, the world’s largest asset manager, deposited $225 million worth of Bitcoin and Ether to Coinbase Prime today. The transfer included both major crypto assets as part of the firm’s ongoing institutional activity.
In a remarkable move that’s capturing attention across crypto markets, a trader with a 100% win rate has once again gone big. Known for his strategic entries and precise timing, this trading giant has now expanded his crypto leveraged long to a staggering $360 million. With 1,683 BTC ($194 million) at 13x leverage and 40,305
Former PayPal president and Lightspark CEO David Marcus stated that eventually Bitcoin has a potential to handle trillions of dollars a day. This was in a recent interview where he emphasized the use of Bitcoin as open money network on the internet. Marcus is of the opinion that BTC will become a global settlement layer