Bitcoin hits new ATH of $75K as Trump takes early lead in presidential race
Bitcoin has broken past the $73,800 mark for the first time since March 13, briefly tapping $75,000, as the race for the next United States president rages on.
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Brace for impact? After hitting $42K, Bitcoin price volatility may rise
The price of Bitcoin (BTC) achieved a new all-time high above $42,000 on Jan. 8, surging by 9% in merely three hours. At the time, there was a high premium on Coinbase, which meant U.S. buyers drove up the market by aggressively accumulating BTC. But, there is continuous selling pressure coming from Asia, particularly from…
Bitcoin Price Hits Resistance at $9,050 as 7% Daily Comeback Continues
BTC gets propelled over the $9,000 mark but fails to immediately cement the level as support in volatile Friday trading. 1497 Total views 28 Total shares Bitcoin (BTC) was back on May 1 as the largest cryptocurrency regained $9,000 after climbing 7% in less than 24 hours.Cryptocurrency market daily overview. Source: Coin360BTC price shoots for…
Bitcoin Falls under $11,450 as US Stock Market Sees Minor Downturn
Saturday, July 13 — Most of the top 20 cryptocurrencies are reporting losses on the day by press time, as Bitcoin (BTC) fell below the $11,450 mark again.Market visualization courtesy of Coin360Bitcoin is currently down by over 1% on the day, trading at around $11,430 at press time, according to Coin360. Looking at its weekly…
Crypto Biz: A spotlight on Binance, Galaxy Digital swings to profit, China’s blockchain push
Regulators in the United States have a fresh target on their radar: Binance. The Commodity Futures Trading Commission (CFTC) has sued the world’s biggest crypto exchange by trading volume for regulatory violations. Accusations range from insider trading to concealing office locations around the world to evade authorities’ oversight. Binance denies the claims, suggesting another court battle…
Legal DAOs: Why are the Marshall Islands betting on a decentralized future?
The Republic of the Marshall Islands made history in the second week of February after it formally recognized decentralized autonomous organizations (DAOs) as legal entities. The Marshall Islands revised its Non-Profit Entities Act 2021, making it possible for any DAO to register and commence operations in the country. The amendments to the law mean DAOs can…
Kansas adjourns crypto bill targeting political donations to January 2024
The bill required politicians to “immediately convert” crypto donations to U.S. dollars, with no scope of expenditures or hodling the funds. 252 Total views 1 Total shares A Kansas bill that aimed to limit and prohibit cryptocurrency donations in political campaigns has been adjourned to January 2024. Lawmakers in the Kansas House of Representatives introduced the
Crypto exchanges exit Hong Kong license race ahead of May deadline
The queue of crypto exchanges for operational licenses in Hong Kong is shrinking as seven exchanges, including IBTCEX and Huobi HK, withdraw applications ahead of the May 31 deadline.
DeFi protocol Porter Finance shuts down bond issuance platform after just one month
The firm cited better interest rates from traditional finance loans and regulatory risks in mulling the bond platform. 127 Total views 25 Total shares Porter Finance, a decentralized finance, or DeFi, protocol based on the Ethereum (ETH) blockchain, announced Tuesday that it was shutting down its bond issuance platform. In explaining the discussion, Porter Finance…