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BTC slips below $88,000, but Strategy, Circle and Gemini among those significantly lower

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Bitcoin led crypto markets lower on Tuesday, down around 1% in the past 24 hours to just under $88,000. This decline occurred even as gold, silver and copper all hit record highs (although they pulled back slightly in Tuesday afternoon trading). US stocks are up slightly, with the Nasdaq gaining 0.45%. Crypto-related stocks were showing […]

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IMF hails El Salvador’s 4% GDP growth as bitcoin tensions ease

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The International Monetary Fund (IMF) on Monday welcomed El Salvador’s stronger-than-expected economic growth. The update notably did not include previous IMF suggestions that El Salvador suspend its bitcoin accumulation strategy. BTC$87,497.82something this country – under the leadership of President Nayib Bukele – has continued to do since negotiating an IMF loan program several months ago.

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Coinbase (COIN), Bullish (BLSH) Galaxy (GLXY) could benefit from JPMorgan’s crypto moves

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JPMorgan’s (JPM) announced plan to offer cryptocurrency trading to institutional clients could reshape the competitive landscape, but not necessarily to the detriment of its rivals. Analysts say the Wall Street giant’s entry could benefit existing players like Coinbase (COIN), Bullish (BLSH) and Galaxy Digital (GLXY), even as it signals tougher competition to come. “If JPMorgan

Coinbase (COIN), Bullish (BLSH) Galaxy (GLXY) could benefit from JPMorgan’s crypto moves Read More »

ECB gets support from EU Council to set limits on digital euro

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The Council of the European Union, an EU body that changes legislation and commits national governments to adopting the bloc’s laws, said it supports the European Central Bank’s plan to explore an official digital currency, calling it an evolution of currency and a tool for financial inclusion. In an article published on its website on

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Filecoin (FIL) Falls as Support Tests Bears

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Filecoin SON$1.2958 fell 2.2% over 24 hours from $1.32 to $1.29 as technical sellers dominated the price action. The decentralized storage token has established a clear bearish channel pattern with successive lower highs confirming downward momentum in the 5 cent trading range, according to CoinDesk Research’s technical analysis model. The model showed that volume activity

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DOT Falls 4.5% as Token Underperforms Broader Crypto Markets

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POINT$1.7597 fell 4.5% to $1.75 over the past 24 hours, underperforming broader crypto markets. The broader market gauge, the CoinDesk 20 Index, was 2.5% lower at press time. DOT’s decline occurred on particularly low volume, sitting 9% below 30-day averages and highlighting the lack of institutional participation that typically leads to sustained moves, according to

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