Bitcoin price springs 5% to $62K as US jobs data boosts rate cut bets

On Feb. 13, a federal judge put the Securities and Exchange Commission and the Commodity Futures Trading Commission cases against former FTX CEO Sam Bankman-Fried on hold. You’ll be forgiven if you missed this story — headlines and social media were dominated by the breaking news that the SEC was suing crypto firm Paxos for…

Bitcoin trading activity in South Korea has reportedly dipped amid rising interest in smaller altcoins. 3170 Total views 15 Total shares South Korea’s “big four” crypto exchanges — Bithumb, Korbit, Upbit and Coinone — are showing a marked cooling off in Bitcoin (BTC) enthusiasm.Meanwhile, altcoins are now accounting for the highest 24-hour trading volume according…

Bitcoin’s surprise rebound to $81,180 — which was influenced by fake news regarding a pause on US tariffs — has all but evaporated following White House confirmation that 104% tariffs on China will start on April 9. S&P 500 drops intra-day gains follow White House tariff confirmation. Source: X / Kobeissi Letter After dropping below

The battle to secure $9,000 as support grinds on as an ever-critical Schiff claims that the “collapse” of Bitcoin is not far away. Bitcoin (BTC) rose to take $9,000 yet again on May 6 as the mission to create new support levels continued.Cryptocurrency market daily overview. Source: Coin360Analyst: BTC “doing well” even with $6K dipData…

Cryptocurrency exchange Ethfinex, the sister exchange of Bitfinex, has launched a test decentralized autonomous organization (DAO), the company confirmed in a blog post on June 12.Ethfinex — which earlier this month launched a decentralized over-the-counter (OTC) trading platform — said it wants to decentralize control of its operations.The DAO was built by DAOstack and is…

Matt Hougan, Global Head of Research at Bitwise Asset Management and president at ETF.com, expressed his idea that most cryptocurrencies will die in an interview with Bloomberg published on Feb. 5.During the interview, Hougan declared that he thinks that “there are 2,000 cryptocurrencies out there, 95 percent of them are useless and will die a…

According to the filing, the DOJ criticized Tornado Cash’s co-founders for inadequate changes to exclude sanctioned addresses.

The Ethereum co-founder continues to propose ideas to make the smart contract blockchain more competitive with high-throughput chains. 2060 Total views 2 Total shares Ethereum co-founder Vitalik Buterin has proposed replacing the current Ethereum Virtual Machine (EVM) contract language with the RISC-V instruction set architecture to improve the speed and efficiency of the Ethereum network's

Ethereum’s native token, Ether (ETH), registered four consecutive red monthly candles after the altcoin dropped 18.47% in March. The altcoin’s current market structure reflects a sustained bearish trend not seen since the bear market of 2022. With each monthly close taking place below the previous month’s low, analysts are beginning the debate about whether ETH