The U.S. is planning to send more troops to the Middle East as tensions against Iran continue to escalate. Bitcoin dropped below $70,000 again today as crypto traders predict that the U.S.-Iran war could drag on at least until May, a development that could have significant consequences on the economy.
Ledger, the Paris-based crypto security firm known for its hardware wallets, has named John Andrews as its new Chief Financial Officer and launched a New York office in major steps to accelerate its US growth. A seasoned finance executive with roots in Wall Street, Andrews previously led investor relations and capital markets at Circle, where
CryptoQuant, a cryptocurrency analysis platform, stated in its latest assessment of the Bitcoin market that there has been a noticeable divergence in stablecoin liquidity, indicating that the market is entering a transition phase. According to the 30-day flow data shared by the company, while inflows into Tether remain relatively stable, more significant and persistent outflows
An early Bitcoin holder controlling 2,100 $BTC worth $148 million has resurfaced after 14 years of inactivity and moved a small fraction of the stash, according to data tracked by Lookonchain. A whale wallet 1NB3ZX, holding 2,100 $BTC($148M), woke up after 13.7 years of inactivity and transferred out 0.00079 $BTC($56). This whale received 2,100 $BTC
A Bitcoin mining company linked to the Trump family is growing fast. The firm, called American Bitcoin, now holds 6,899 $BTC. At current prices, this is worth around $450 million to $480 million. This puts the company among the top corporate Bitcoin holders in the world. AMERICAN BITCOIN IS MINING AND HOLDING $450M $BTC The
South Korea is taking a big step with blockchain. The government has started a pilot project to manage public funds using digital systems. This project uses deposit tokens, which are linked to a central bank digital currency (CBDC). These tokens help move and track government money in a new way. South Korea is Bringing Blockchain
Despite some bouts of heightened volatility, Bitcoin ($BTC) has somehow managed to keep its head above water this month, being up more than 4% at the time of writing. However, all the uncertainty regarding the current geopolitical situation continues to cloud the asset’s near-term outlook, even as institutional appetite grows. Bitcoin has also been trading
Bitcoin trades within a tight range as buyers defend support, while resistance above keeps the market cautious and awaiting a clear breakout direction. Bitcoin ($BTC) is trading near $70,606 at press time, down 0.1% over 24 hours, after a volatile intraday session between $68,933 and $70,931. The chart shows an early drop below $68,900, followed
Bitcoin climbed to highs over $71,000 Friday morning, recovering from earlier weakness as efforts continued to stabilize oil supplies disrupted in the Strait of Hormuz. The cryptocurrency is currently trading at $70,547, flat on the day according to CoinGecko data, after reaching an intraday high of $71,261 early Friday. The cryptocurrency’s price bounce came after
