Crypto News Editor
Market Wrap:’Elon Candle’ Impact Fades Quickly as Bitcoin Retreats Below $55K
Tesla got the market excited briefly, but bitcoin remains in possession mode.Bitcoin (BTC) trading around $54,771.18 as of 20:00 UTC (4 pm ET). Slipping 0.63% within the previous 24 hours.Bitcoin's 24-hour range: $53,577.33-$57,225.30 (CoinDesk...
Fed Chair Powell: Digital Dollar Would Need Stronger Privacy Than Digital Yuan
"The absence of privacy in the Chinese system is simply not something we can do here," Powell told a House committee.China's central bank and the U.S. Federal Reserve concur that a fully anonymous federal...
Fidelity-Affiliated Fund Files for Bitcoin ETF
Peter Jubber, the managing director of Fidelity Digital Funds, serves as president of the trust.An affiliate investment giant Fidelity is seeking to offer a bitcoin (BTC, -8.56%) exchange-traded fund in the U.S. marketplace.A Wednesday...
Goldman Documents to Provide Notes Connected to a ARK ETF Which May Have Bitcoin...
Payout on the notes will be Determined by the performance of this ARK Innovation ETF, an actively managed fund Provided by Cathie Wood's ARK Investment Management.Goldman Sachs dipped another fur to the cryptocurrency pool...
IBM Ventures Additional Into Crypto Custody With METACO, Deutsche Bank Tie-Ups
Big Blue wading deeper into those waters speaks to a broader change in the position of corporates toward public blockchains.IBM, known for throwing banks and blue-chip firms on private blockchain technology (the sector's equivalent...
RBI Is Assessing Digital Rupee’s Effect on Financial Stability, Says Governor Shaktikanta Das
The RBI is examining the effect of the digital rupee on the financial stability in the market.The Reserve Bank of India (RBI) is examining the impact of the electronic rupee on the nation's financial...
Bitcoin Breaks Below Short-Term Uptrend, Lower Support Around $50K
Bitcoin's uptrend continues to slow after breaking short-term support.Sellers were busy during Asia hours, compelling bitcoin (BTC) under intraday trend support. The wider uptrend continues to slow, with much lower support about $50,000 and...
Bitcoin’s Risk-Reward Ratio Suggests Bull Run Has Plenty of Scope to Continue
Bitcoin's"reserve risk" metric suggests the cryptocurrency is nowhere close to a significant cost .Despite seeing its largest drop for a month in the previous 24 hours, bitcoin (BTC, -9.04percent )'s bull run is likely...
Bitfinex Seeks to Bring Institutional Investors With Off-Exchange Settlement
The integration enables traders make withdrawals and deposits more quickly, in addition to mitigate counterparty risk.Crypto exchange Bitfinex is partnering with electronic asset infrastructure supplier Copper to attract institutional investors using its off-exchange settlement...
Hut 8 Joins Foundry’s Institutional Bitcoin Mining Pool With Over 14,000 Machines
Hut 8 plans to add another 5,000 ASICs into Foundry's pool by August.Publicly traded bitcoin (BTC, -8.4%) mining firm Hut 8 is currently mining via Foundry's North America-based pool, based on an announcement made...














