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Crypto trading firm GSR expands token advisory with $57 million in acquisitions

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Crypto trading firm GSR announced Tuesday that it has acquired Autonomous and Architech for $57 million, expanding into token advisory and capital markets services. Autonomous will retain its brand and focus on token launch operations, while Architech will create a new unit, GSR Digital Asset Advisory. The group will work alongside GSR’s trading, liquidity and […]

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BTC price target reduced to $112,000 at Citigroup; ETH reduced to $3,175

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Wall Street investment bank Citigroup has lowered its 12-month price targets for bitcoin. BTC$73,745.16 and ether (ETH), citing slowing legislative momentum in the United States, slower network activity, and reduced expectations for ETF inflows. Citi now forecasts bitcoin will hit $112,000 and ether $3,175 over the next year, down sharply from previous forecasts of $143,000

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PayPal (PYPL) expands PYUSD stablecoin to 70 markets

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PayPal (PYPL) said it was expanding access to its dollar-backed stablecoin, PYUSD$0.9998to users in 70 markets, extending the token’s reach beyond the United States while deepening digital payments. Consumers in newly supported countries will be able to purchase, hold, send and receive PYUSD directly through their PayPal accounts, with the option to transfer the token

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BTC Price Hits Wall at $75,000 as On-Chain Energy Markets Boom: Crypto Daybook Americas

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By Omkar Godbole (All times ET unless otherwise noted) While Bitcoin BTC$74,005.27 The rise in prices since the start of the Iranian conflict more than two weeks ago is impressive, the performance of Hyperliquid is even more remarkable. Users of the decentralized perpetual exchange have traded millions of commodity futures contracts, particularly those related to

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BTC price retreats from monthly high as overbought conditions persist: Crypto Markets Today

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Bitcoin BTC$73,886.45 consolidated on Tuesday after reaching $76,000, the highest level since February 4, at the start of the session. The largest cryptocurrency fell back to just below $73,500, down 1.5% since midnight UTC. It’s not the only cryptocurrency to have cooled off. Ether (ETH) lost 1.5%, solana (SOL) fell 2.5% and SUI$1.0235 4.5%. On

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The stock, oil and bond markets panicked. Bitcoin traders did not.

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Bitcoin BTC$73,886.45 the prize remained relatively unscathed during the two-week war with Iran. What’s more impressive is that its key volatility indicators have also remained stable, a sign that crypto traders are less fearful than those in traditional markets such as stocks, oil and bonds. Tensions between Iran, the United States and Israel escalated into

The stock, oil and bond markets panicked. Bitcoin traders did not. Read More »

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