Bitcoin BTC$94,897.15 has continued a selloff begun yesterday, now having retraced a sizable chunk of this week’s early gains. In mid-morning U.S. action on Friday, BTC was trading at $94,300, down another 1.3% over the past 24 hours after having slumped a similar amount on Thursday. Ethereum’s ether ETH$3,281.74 declined the same amount, falling back
PNC Bank CEO Bill Demchak hit back against the growing push from crypto firms to offer interest on stablecoins, saying the tokens are trying to serve two roles at once — something traditional finance would not be allowed to do without strict oversight. “The fight right now in D.C. is over some terminology in the
US President Donald Trump’s recent statements regarding potential candidates for the Federal Reserve chairmanship have triggered a rapid shift in market direction and opinion polls. Following Trump’s remarks, the likelihood of Kevin Hassett, previously considered a strong candidate, becoming Fed Chairman significantly decreased, while the dollar strengthened; gold and silver prices experienced sharp short-term declines.
Bitcoin price has broken above range-high resistance, but weak follow-through volume is raising failed auction risk and increasing the probability of rejection back toward range support. Summary BTC broke out above range-high resistance, but momentum stalled Weak volume follow-through signals failed auction / rejection risk Breakdown back below support targets $80,000 range-low support Bitcoin (BTC)
America250 partners with Hedera to support the upcoming anniversary with community engagement. The platform is also planning to introduce a partners program for enterprise and community members. Hedera (HBAR) has been named as a partner for the upcoming 250th Anniversary Commemoration of the United States of America. This announcement was made by America250, a national
Bitcoin is grinding higher into a heavy resistance pocket while spot supply on exchanges keeps shrinking. Structurally, that’s a bullish backdrop, but technically, the price is pressing right into an area where profit-taking is expected. Therefore, either the price breaks and holds above this ceiling, or a corrective pullback into the mid-range would occur. Bitcoin
Key Takeaways Riot Platforms purchased 200 acres of its Rockdale, TX site for $96 million, fully financed by Bitcoin. The company signed a 10-year Data Center Lease with AMD to deliver 25 MW of critical IT load, starting in January 2026 and completing in May 2026. Shares of Riot Platforms (RIOT) rose over 7% premarket
Key Takeaways JPMorgan is setting up a dedicated advisory team for private market fundraising. The move is a response to the structural shift toward private markets, where companies are increasingly choosing private funding over public offerings. JPMorgan Chase is establishing a new unit focused on helping companies raise private capital, The Wall Street Journal reported
The Nasdaq-listed crypto trading platform has begun offering stock trading to a limited group of users. It is now in direct competition with established brokerage firms Charles Schwab, Fidelity ,and longtime rival Robinhood, which preceded the exchange in issuing stock and crypto trading. Coinbase, founded in 2012 by Brian Armstrong, could soon expand its business
Crypto cards, payment cards that let users spend stablecoins and other crypto at traditional merchants, have quietly become one of the fastest-growing segments in digital payments, with volume now approaching the scale of peer-to-peer stablecoin transfers, according to new research from Artemis. Monthly crypto card volume rose from roughly $100 million in early 2023 to