Bitcoin price hits $61K, but investors still prefer stocks and bonds right now

Bitcoin (BTC) held steady at the June 7 Wall Street open after a night of losses cost bulls heavily.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCoinbase sees conspicuous outflowsData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it ranged near $30,000, still down 6% versus its prior highs.After underperforming versus United States equities on June…

No official public announcement was made regarding the large sum donation. 569 Total views 42 Total shares As told by Aid for Ukraine, a joint initiative created by the Ukrainian government, FTX, Everstake and Kuna to rally crypto donations for the country, Ethereum (ETH) co-founder Vitalik Buterin made $5 million worth of ETH donations to…

This year’s bear market trajectory should be looked upon as a favorable opportunity for Web3 founders to raise capital and build cutting-edge products. Some of the most robust businesses today were built during market downturns, and founders now have a real opportunity to ensure they’re building products and services that meet genuine, real-world needs and…

A Swiss food manufacturer has become the “first” in Europe to use the Ethereum (ETH) blockchain to track fish products, a press release confirmed Nov. 28.Gustav Gerig AG, which has operated since 1923, partnered with global tuna marketing company Pacifical c.v. to allow clients to certify the origin of its tuna range using blockchain technology.Tins…

It remains unclear if Durov has been officially arrested or charged.

Millions more Americans posted unemployment status last week, but does that mean anything for Bitcoin? 883 Total views 20 Total shares More than two million Americans requested unemployment compensation for the first time last week, which may or may not affect Bitcoin. Recording its seventh consecutive week of decline, last week hosted 2.44 million new unemployment…

The city of Shenzhen has launched the third round of its central bank digital currency pilot in the form of a promotional lottery scheme offering residents handouts during local festivities. 3898 Total views 9 Total shares Residents of the Longhua District in the Chinese city of Shenzhen will have a chance to participate in a…