Bitcoin is trading at $124,297 to $124,430 over the past hour with a market cap of $2.47 trillion and a 24-hour trade volume of $51.11 billion, dancing in a tight intraday range between $122,538 and $124,418. Less than 1% away from its all-time high, the world’s largest cryptocurrency is swaggering just below the summit with
Bee Maps, the decentralized mapping project powered by Hivemapper, has raised $32 million in fresh funding to expand its global contributor network and scale its infrastructure, it announced Monday. The round was led by Pantera Capital, LDA Capital, Borderless Capital and Ajna Capital, marking one of the largest financings in the decentralized physical infrastructure (DePin)
Bernstein initiated coverage of Figure (FIGR) with an outperform rating and a $54 price target, calling it a leader in bringing blockchain to credit markets, the broker said in a Monday report. The stock was 2% higher in early trade, around $41.10. Bernstein said Figure is doing for lending what stablecoins did for payments, tokenizing
Shares of Galaxy Digital rose 8% in premarket trading Monday as the company rolled out GalaxyOne, a mobile and web platform built to give retail investors access to a blend of cash, crypto, and equity investing tools, with yield at the core. The app gives users access to FDIC-insured high-yield cash accounts, crypto trading, and
Bitcoin (BTC) has broken out of the downward trend it has been experiencing since mid-August and experienced a massive surge in just one week. Bitcoin, which rose from $110,000 to $124,000 in a short time, broke a new record by exceeding $125,000 over the weekend. QCP Capital, a cryptocurrency platform that draws attention with its
With the third quarter now fully in the books, the original bitcoin treasury company Strategy (MSTR) reported a $3.9 billion gain on its mammoth holdings of BTC for that three month period. Alongside, the compnay confirmed what had been teased by its Executive Chairman Michael Saylor over the weekend — that it did not add
The sharp rise in stablecoin usage could drain as much as $1 trillion from emerging market banks over the next three years as savers seek the safety and liquidity of dollar-pegged digital assets, Standard Chartered said in a Monday report. Stablecoins are giving households and companies in developing economies an alternative to local banks, accelerating
Gold and Bitcoin both hit new all-time highs, rekindling discussion about whether the two assets are more intertwined than previously believed. Bitcoin is a decentralized scarce asset that has historically been framed as digital gold–a hedge against inflation and the volatility of fiat currencies. Simultaneous ATHs At this point, the analogy is being tested in
With Bitcoin (BTC) retreating from its weekend record high of $125,000, the asset faces the threat of further losses as traders take profits. In this line, the TD Sequential indicator has flashed a sell signal on Bitcoin’s 12-hour chart, a pattern that often precedes short-term corrections, according to insights shared by analyst Ali Martinez in
The Bitcoin supply on crypto exchanges has plummeted to around 2.8 million BTC, levels previously only seen in July 2019. This drop in supply follows the token’s recent ATH at $125,506. Summary Bitcoin exchange balances hit a six-year low at just 2.8 million BTC, reflecting growing self-custody trends and rising institutional accumulation. BTC price momentum