Jiuzi Holdings Partners with SOLV for $1 Billion Bitcoin Deployment
Jiuzi Holdings Partners with SOLV for $1 Billion Bitcoin Deployment
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Token Falls Another 13% as Hype Fades
When Plasma’s XPL token was issued a month ago, crypto investors were eager to purchase a slice of the new blockchain designed for stablecoins. But although stablecoins have been a dominant theme throughout this bull cycle, Plasma has failed to live up to the hype; with XPL having now lost more than 80% of its
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Polymarket traders’ biases can lead to irrational results
Until the final hours of the October 29 elections in the Netherlands, traders at Polymarket were convinced that Geert Wilders’ nationalist Partij voor de Vrijheid (Party for Freedom) would win. The market barely moved as Rob Jetten’s social-liberal Democraten 66 (Democrats 66) party rose in all major polls. Then, a few minutes after the first
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This Bitcoin (BTC) Market Dynamics Gains Attention as Prices Surpass $110,000
Bitcoin BTC$110,942.42 exceeded $110,000, driven by renewed optimism about trade relations between the United States and China. This rebound means BTC is now trading at levels where market makers could add to the price turmoil ahead of multibillion-dollar options expiring on Friday. Data from the options market listed on Deribit, tracked by Amberdata and Deribit
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Recovers $110,000 as Trump Reaches Metals Deal, Lowers China Tariffs
Bitcoin reversed some of the post-Fed losses Thursday morning after the meeting between President Donald Trump and his Chinese counterpart Xi Jinping yielded favorable results. Speaking aboard Air Force One, the US president also reportedly said it was a one-year deal that would be extended. Trump also said that the issue of rare earths had
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Traders Accept $800M Liquidation as Fed Caution Triggers Reversal in Selling News
Bitcoin fell to near $108,000 on Wednesday, before climbing above $110,000 on Thursday after a volatile session that saw nearly $817 million in leveraged futures liquidations, with long traders taking the bulk of the losses. The pullback came just hours after the Federal Reserve announced a widely expected 25 basis point rate cut, but Chairman
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Ripple Risk of Deeper Pullback as Fed Cuts Cause Bitcoin to Fall
Bitcoin saw significant volatility, falling to nearly $108,000 before surging above $110,000, with $817 million in leveraged futures liquidations. The Federal Reserve’s 25 basis point rate cut was followed by cautious remarks from Chairman Jerome Powell, which impacted market optimism. Analysts suggest that even if short-term volatility persists, macroeconomic conditions could support Bitcoin’s rise if
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WULF raises $500 million via convertible debt
TeraWulf (WULF) plans to raise up to $575 million through a private sale of convertible senior notes, as it continues its focus from mining Bitcoin to powering artificial intelligence infrastructure. The company announced plans Wednesday to sell $500 million of convertible senior notes due 2032, with the option for buyers to acquire an additional $75
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William Blair Analysts See Advantage in Western Union’s (WU) Launch of Solana-Based Stablecoin
Shares of Western Union (WU) rose 6.5% on Tuesday after the company announced plans to introduce the US Dollar Payment Token (USDPT) on Solana, issued by Anchorage Digital Bank, as well as a crypto exit network called Digital Asset Network. According to investment bank William Blair, the move highlights that stablecoins are an opportunity, not
BONK Price Slides 3.4% With Support Under Pressure Amid Solana Market Weakness
BONK-USD extended its decline on Tuesday, falling 3.4% to $0.0000143 as the Solana-based meme token succumbed to renewed downward pressure across the ecosystem. The decline marked a decisive break below support at $0.0000146, a key level that held for much of the past week, confirming a short-term bearish structure, according to CoinDesk Research’s technical analysis
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