Bitcoin stable near $77,000 as Fed decision looms; Tensions in Hormuz persist
Bitcoin stable near $77,000 as Fed decision looms; Tensions in Hormuz persist
Bitcoin stable near $77,000 as Fed decision looms; Tensions in Hormuz persist Read More »
Institutional money is coming for Bitcoin, but Adam Back says it’s moving slower than you think
The arrival of Morgan Stanley in the American bitcoin spot BTC$77,042.98 The ETF party earlier this month was characterized by some observers as the catalyst that will end the current crypto bear market thanks to the massive distribution power of Wall Street’s $8 trillion advisory network. Not so fast, said Adam Back, CEO of Blockstream,
Ripple-Linked Token Falls to $1.38 After Breaking Key Support Zones
XRP lost $1.40, and it didn’t happen quietly. The level held for weeks, but once it gave way, the price quickly fell and did not regain it. This change is important because when support breaks on significant volume, it typically turns into resistance, which changes how traders position around it. News context • Bitcoin dominance
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Canada Proposes Banning BTC ATMs as Fraud Cases Rise
Canada is proposing to ban crypto ATMs as part of a broader crackdown on fraud and money laundering, citing growing evidence that the machines have become a key tool for fraudsters. The measure, included in the Liberal government’s spring economic update released Tuesday, would eliminate crypto ATMs nationwide. Officials described the machines as a “primary
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Bitcoin surges to $77,000 ahead of Fed decision as Trump prepares for long Hormuz blockade
Bitcoin does nothing while everything moves around it. The largest cryptocurrency hit just under $77,000 during Asian hours on Wednesday, up just 0.1% over 24 hours and down 0.8% for the week, maintaining a narrow band even as Brent crude topped $111 a barrel according to a Wall Street Journal report that President Donald Trump
Visa partners with Tether co-founder to create on-chain banks
Visa (V) is working with blockchain-based stablecoin infrastructure company WeFi, to help establish the “last half mile” that can provide users with robust on-chain payments and banking services, the companies announced Tuesday. WeFi, co-founded by former Tether OG Reeve Collins, describes its platform as “an orchestration layer between decentralized finance (DeFi) and regulated payments infrastructure,
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New wallet offers way to tackle Bitcoin’s quantum risk without forking
Developers behind a new wallet product say they have found a way to combat the risks of quantum computing by using a smart contract layer that runs alongside Bitcoin without requiring any changes to the network itself. Postquant Labs revealed Quip Network’s post-quantum bitcoin BTC$76,337.57 wallet on Tuesday, the company told CoinDesk in an email.
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Galaxy Digital’s Q1 loss narrows, AI push grows
Galaxy Digital (GLXY) narrowed its first-quarter loss as a change in business mix and tighter financial management offset falling cryptocurrency prices. The company lost $216 million, or 49 cents per share, less than the 59 cents estimated by analysts. Revenue fell to $10.2 billion from $12.9 billion in the previous quarter. The company is increasingly
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Bitcoin will reach a low of $57,000 in October and will not see an all-time high this year, says Michael Terpin.
Bitcoin BTC$76,226.05 has not yet bottomed, and a new all-time high is unlikely this year, said Michael Terpin, an early Bitcoin investor and author of Bitcoin Supercycle: How the Crypto Calendar Can Make You Rich. “Before a bull market for bitcoin can be called, the price must move back above $100,000 and no support has
Every blockchain transaction is a gift to your competitors
Imagine a tireless analyst working around the clock, cross-referencing a company’s on-chain purchasing habits with satellite imagery of its warehouses, correlating its job postings with its patent filings, and mapping its entire supply chain by monitoring the flow of smart contract payments. This analyst never sleeps, never loses concentration and costs almost nothing to operate.
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