Tag: Financial news
Elon Musk Dodges $259B Lawsuit as Dogecoin Investors Withdraw Case
Elon Musk Dodges $259B Lawsuit as Dogecoin Investors Withdraw CaseA lawsuit accusing Elon Musk of manipulating the price of Dogecoin has come to a close as investors have decided to withdraw their appeal after...
Bitcoin ETF Investors Profit-Taking Breaks 6-Day Win Streak with $400M Outflow, BlackRock Holds Inflow
Bitcoin ETF investors have decided to cash in on their profits as a six-day winning streak comes to an end, resulting in a significant $400 million outflow across various ETFs on Nov. 14. However,...
D.O.G.E Memecoin Surges 100% with Elon Musk’s Trump Connection
A parody cryptocurrency named D.O.G.E memecoin has seen a significant 100% surge in value over the past 24 hours, leading to an increase in trading volumes and demand. This surge can be attributed to...
Bitcoin ETFs Gain $1.3B Inflows Amid Trump Win and Fed Rate Cuts
Bitcoin ETFs in the U.S. have experienced a significant increase in net inflows following Donald Trump's presidential win. The total inflows reached a record-breaking $1.38 billion, with BlackRock's IBIT leading the way with over...
BTC Dominates Crypto Market as Ether Price Falls in Reflection of Bitcoin ETF Launch
Bitcoin stood out in the cryptocurrency market during the Asia trading session, gaining 4.4% and reaching $67,000 while the CoinDesk 20 Index rose by 3.3%. Other tokens like Solana's SOL, ether (ETH), BNB Chain's...
Is Donald Trump Protecting Bitcoin from Tech Stock Decline?
Since the market opened yesterday, the S&P500 has lost 1.8%, the tech-heavy Nasdaq-100 is down 3.0% and tech darling Nvidia (NVDA) has bled 5.3%. Normally, bitcoin follows stocks (especially tech stocks) on their...
Bitcoin Price Hits Record High Over $63K Amid Trump Assassination Attempt
Bitcoin's price surged to a record high of over $63,000 after news of a failed assassination attempt against former US president Donald Trump. The cryptocurrency reached a multi-week high of $62,980, with experts attributing...
Germany Sells Majority of Bitcoin Holdings, Holding Less Than 5K Tokens
The German state of Saxony has been selling off its bitcoin holdings at a rapid pace, with another batch of confiscated assets being moved to various crypto exchanges and brokers on Thursday. According to...
Genesis Trading Transfers 12.6k BTC to Coinbase for Asset Liquidations
Genesis Trading recently made a significant move by transferring 12,600 Bitcoin (BTC) to Coinbase, totaling about $719.9 million. This transfer comes after a legal settlement with the State of New York, requiring Genesis to...
Bitcoin ETFs Attract $654.3M Inflows in Three Days
Bitcoin exchange-traded funds (ETFs) have seen a substantial increase in inflows over the past three trading days, according to data from Farside. A total of $654.3 million was added, with the largest contribution coming...