A surge in Bitcoin’s buying pressure pushed the cryptocurrency past $90,000 for the first time in nearly a week on Wednesday. The uptick, however, was not driven by a crypto-specific catalyst but by improving risk sentiment, according to Singapore-based trading firm QCP Capital’s Thursday report. Regardless, the move that began after an intraday low of
Jamie Dimon, the CEO of JPMorgan, has been one of the most influential people in the world of finance. His Bitcoin comments have informed the sentiment of the market over the years. This was controversial when Dimon in 2017 described Bitcoin as a fraud in an interview with CNBC, telling investors that he would soon
Bitcoin is beginning to recover from its recent decline, crossing above $90,000 for the first time in a week as market conditions slowly improve. However, despite the renewed optimism, one key group of investors continues to fuel concerns around liquidity. This lingering pressure is preventing Bitcoin from reestablishing a fully stable upward trend. Bitcoin Holders
According to blockchain analytics firm Glassnode, there is a strong negative correlation between Bitcoin price and USDT stablecoin flows. The two-year study compared the price of BTC with net inflows of USDT to exchanges from December 2023. Based on the survey, net outflows of USDT correlated with the price increase in BTC. According to the
The Bitcoin price upswing, backed by low trading volume, indicates a lack of strong conviction from buyers to continue upstream. According to FedWatchtool, the odds for 25% bsp in an interest rate cut have surged to 85.1%. BTC’s fear and greed index at 15% accentuates extreme fear among market participants. The pioneer cryptocurrency, Bitcoin, rebounded
Ark Invest bought $16.5 million worth of shares in cryptocurrency exchange Coinbase (COIN) on Wednesday, the investment management firm said in an emailed disclosure. It marks largest purchase of the stock by Cathie Wood’s firm since Aug. 1. Ark added a total of 62,166 COIN shares across three of its exchange-traded funds (ETFs): Innovation (ARKK),
Singapore is doubling down on tokenized finance through a series of pilots in which its pending stablecoin draft legislation will play a supporting role. The Monetary Authority of Singapore (MAS) is eager to build an institution-led digital finance ecosystem that distances itself from the volatility of the crypto market. It is preparing to issue tokenized
Bitcoin continues to spark debate among investors, economists and tech enthusiasts. Recently, Michael Saylor, co-founder of MicroStrategy, made a bold statement. Saying that “Bitcoin’s volatility is a feature, not a bug, and it can be harnessed to move civilization forward.” Saylor’s perspective has reignited discussions about how the world views Bitcoin and its role in
PancakeSwap today announced a new set of Incentra-powered reward campaigns for liquidity providers on Base, marking a deepening of its collaboration with Brevis and a step toward fully verifiable LP incentives. The program runs across 11 PancakeSwap v3 pools on Base and pays out OP token rewards to LPs in proportion to the trading fees
EUR₮ Redemptions to Cease on November 27, 2025 26 November 2025 – Tether, the largest company in the digital asset ecosystem, today issued a final update regarding the previously announced wind-down of EUR₮. As part of the conclusion of this process, Tether will cease EUR₮ redemptions across all supported blockchains on November 27, 2025. Tether