Tag: Cryptocurrency
Bitcoin Price Drops to $63K Amid Speculation of Biden Withdrawal
Crypto markets experienced a decline on Wednesday due to a combination of factors including a drop in U.S. equity prices and uncertainty surrounding the presidential election race. Bitcoin (BTC) saw a sharp drop from...
Bitcoin’s Potential as Global Reserve Currency Amid Inflationary Pressure
US billionaire Mark Cuban believes that Bitcoin has the potential to become a global reserve currency amidst inflationary pressure and geopolitical uncertainty. Cuban, who supports Joe Biden for re-election, stated that factors such as...
TON Launches Bitcoin Bridge: The Open Network’s Teleport Innovation – CoinJournal
The TON Foundation has announced an exciting new development for the Open Network in 2024. They are planning to launch a trustless bridge that will allow users to bring Bitcoin into the TON ecosystem...
Corrupt U.S. Senator Convicted of Bribery After Criticizing Bitcoin
U.S. Senator Bob Menendez, a Democrat from New Jersey, was recently convicted of accepting bribes as a foreign agent. This news came as a shock to many, especially in the crypto community, as Menendez...
Ethereum ETFs Excite Bit Digital, But Lack Staking Features
Bit Digital is excited about the upcoming launch of Ethereum ETFs, seeing it as a potential catalyst for the price of Ethereum. The company believes that this will help in the normalization and adoption...
Multipool and Tokinvest Partner for Tokenized Real-World Asset Trading – CoinJournal
Multipool and Tokinvest have joined forces to revolutionize the trading of tokenized real-world assets. This partnership aims to bring a new level of efficiency and liquidity to the RWA market by offering a dual-market...
Investors Boost Metaplanet Stock by 10% with Bitcoin Purchase, Holdings Reach 225 BTC
Metaplanet, a company based in Japan, recently made a significant purchase of Bitcoin, acquiring 21.88 BTC worth ¥200 million (equivalent to $1.26 million). This purchase was made at an average price of ¥9 million...
Stripe Launches Cryptocurrency Purchase Support for EU Clients: CoinJournal Report
Stripe, the popular financial services provider, has recently launched support for purchasing Bitcoin and other cryptocurrencies for its customers in the European Union. This new feature allows users to buy crypto using credit or...
Potential $5.4B Inflows Expected for Ether Spot ETFs in First 6 Months
Ether spot ETFs are expected to receive a significant amount of net inflows, according to a recent report. The inflows are projected to be around 30%-35% of what bitcoin ETFs receive. This estimation translates...
Ethereum ETFs Set to Launch Next Week Confirmed by Bloomberg Analyst
Ethereum ETFs are set to launch next week, according to a Bloomberg analyst. The Securities and Exchange Commission (SEC) is expected to approve spot Ethereum exchange-traded funds with trading expected to start on July...