Business – Page 45 – PK Press Club

Bitcoin (BTC) Price Rebounds as Memory, Semiconductor Stock Trading Begins to Calm Down

In recent days, signs of reassessment have emerged. The Roundhill Memory ETF is down about 25% from its June 22 record high, while the VanEck Semiconductor ETF is down 12%. Bitcoin, which fell below $58,000 on July 1, is trading above $61,000 again. AI-related selling pressure accelerated Wednesday after Bloomberg reported that Meta Platforms (META) […]

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Tokenization could make finance faster but also more prone to sudden shocks, warns IMF

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There are other benefits as well. Tokenization allows different forms of digital currency, such as tokenized bank deposits, fiat-linked stablecoins, and tokenized central bank reserves, to operate seamlessly as settlement assets on the same ledger. It also allows high-quality assets to be deployed quickly across all platforms as collateral. But all this is not without

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Ether and Solana extend gains as short squeeze takes bitcoin to $62,000

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Ether and solana led the crypto higher on Friday as a squeeze on bearish traders pushed bitcoin toward $62,000, capping the market’s first truly strong week since mid-June. Bitcoin traded at around $61,360, up 2.5% over seven days, according to CoinDesk data. Ether rose 4.2% in 24 hours to around $1,702 and is up 9.7%

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Finally. $221 million invested in Bitcoin ETFs, ending painful 10-day outflow streak

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Bitcoin listed in the United States BTC$61,642.78 ETFs brought in $221.7 million on Thursday, their biggest inflow in two months, according to SoSoValue. Fidelity’s FBTC led the charge with a strong inflow of $165.96 million, followed by ARKB with $91.84 million and HODL with $4.35 million. BlackRock’s IBIT, the world’s largest Bitcoin ETF, was the

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More bitcoins are now held at a loss than at a profit

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According to Glassnode data, around 10.83 million BTC are currently held at a loss, meaning their holders paid more than the current price, compared to 9.22 million still in profit. This is the first time deficit supply has exceeded profitable supply since the start of the current cycle and reflects the magnitude of the correction

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Binance pushes back against reports that European regulators tried to block it

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HCMC did not immediately respond to a request for comment from CoinDesk regarding Binance’s MiCA licensing process. “As the person who led the license application, I have not been informed of any issues with the application,” Lynch added. “In fact, I was told quite the opposite.” Lynch also argued that the European crypto market would

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Bulls test path towards $1.10 as token rises 4%

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XRP is starting to build a higher base above $1 after last week’s sell-off. The token rose slightly during the US session, held at $1.08 during repeated tests and pushed towards $1.10 before sellers slowed their movement. This keeps the pattern constructive, but still unfinished, with traders watching to see if the latest buildup turns

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Solana launches on-chain governance and sets entry fees at 100,000 SOL staked

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A separate, older track called the Solana Improvement Document, or SIMD, handles the tracking: “Okay, how exactly do we do this?” – technical details reviewed by the main network developers. A yes on an SGP is a clear signal to proceed, with the engineering work that follows being drafted in the form of one or

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Bitcoin Surpasses $61,000 as June US Jobs Data Disappoints

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The United States added 52,000 jobs in June, according to the government’s nonfarm payrolls report. Economists had forecast a gain of 110,000 and May’s gain was 129,000, revised down from the 172,000 initially reported. The unemployment rate, however, fell to 4.2%, while forecasts predicted that it would remain stable at 4.3%. This decline occurred alongside

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Securitize (SECZ) Brings $295M of Its Own Tokenized Stock to Solana, Avalanche Amid NYSE Debut

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This opportunity is attracting growing interest on Wall Street. Citi predicted that tokenized securities could reach $5.5 trillion by 2030, while Boston Consulting Group and Ripple estimated the market could reach $18.9 trillion by 2033. “We have long said that public stocks move on-chain, and there is no better validation of this belief than tokenizing

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