Bitcoin price taps week-to-date high near $58.5K amid US jobs data miss
Bitcoin buyers step in as US jobless claims fall short of estimates, with Binance buy orders helping fuel a BTC price trip to week-to-date highs.
Related Posts
Major Coins Show Poor Performance, With Ethereum Dipping Below $100
Thursday, Dec. 6: Cryptocurrency markets have continued yesterday’s losses, with just two of the top twenty coins seeing any gains, according to Coin360.Market visualization from Coin360Bitcoin (BTC) is down 3.13 percent the day, seeing a high of $3,887 and low of $3,587. At press time, the major cryptocurrency is trading around $3,656.On its weekly chart,…
BitgetX joins HKVAC as it aims for exchange license in Hong Kong
The Hong Kong Virtual Asset Consortium was established on May 31 to create indices and rating services for cryptocurrencies. According to a July 4 announcement, BitgetX, the Hong Kong subsidiary of cryptocurrency exchange Bitget, has joined the Hong Kong Virtual Asset Consortium (HKVAC), which provides ratings services and indices to cryptocurrencies. Launched on May 31 with…
More 'extreme fear' than FTX crash — 5 things to know in Bitcoin this week
Bitcoin market sentiment is as erratic as BTC price action itself as a week of macro volatility catalysts gets underway.
Congress Weighs Digital Dollars for Aid After Stalled COVID-19 Stimulus Payments
On June 11, the Congressional Fintech Task Force held a hearing examining FedAccounts and a digital dollar as ways of expanding financial inclusion in the United States.Particularly in the aftermath of greatly delayed $1200 stimulus payments directly to U.S. citizens, the digital dollar has gotten much more attention. A number of bills appeared in the…
Bitcoin price predictions abound as traders focus on the next BTC halving cycle
Terra's recent collapse has been repeatedly singled out as the main source of weakness affecting crypto assets, but it's much more likely that a combination of factors are behind the start of this current bear market.At the same time that the market was reeling from the Terra saga, the 2-year mark for the next Bitcoin (BTC)…
Vodafone, Sumitomo team up with Chainlink to explore trade documents network
Vodafone’s Digital Asset Broker platform and Sumitomo have been working together since May on this proof-of-concept. 71 Total views 1 Total shares Vodafone Digital Asset Broker (DAB) has joined the Chainlink network as a node operator after completing a proof-of-concept with Japanese trading and investment company Sumitomo for exchanging trade documents across platforms. The companies
Exchanges running out of ETH with reserves plunging 27% in 48 hours
Analysts predict Ether may soon hit a new all-time high after ETH reserves on centralized exchanges fell by 27% in two days. 3489 Total views 22 Total shares The amount of Ether held on exchanges has plunged over the past two days, with CryptoQuant data indicating that just 8.1 million ETH is currently sitting in…
Hacker tries to exploit bridge protocol, fails miserably: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.This past week, there were some major developments in the run-up to the upcoming Ethereum Merge slated for Sept. 15. Bitfinex became the latest crypto exchange to throw its support…