Bitcoin profit-taking remains ‘below historical peaks’ amid $90K high

It is no secret that a vast majority of investors, both from the realm of traditional as well as crypto finance, view Bitcoin (BTC) as a long-term store of value akin to “digital gold.” And, while that may be the dominant narrative surrounding the asset, it is worth noting that in recent years the flagship…

The blockchain-based investment note is issued on Avalanche and will automatically distribute profits to holders’ wallets. 231 Total views 2 Total shares Neo-investment and technology firm Republic plans to issue a blockchain-based security token that will pay dividends to retail investors from profits across its broad portfolio of investment holdings.The Republic Note is a profit-sharing

"We’re not trying to grow really significantly, but resources to grow at least six percent to grow our enforcement arm in this space," said Gary Gensler. 129 Total views 1 Total shares Gary Gensler, chair of the United States Securities and Exchange Commission, or SEC, has cited concerns about cryptocurrency enforcement in its budget request…

Bitcoin (BTC) has “solidified” its role in the world economy as both a store of value and “digital gold,” the head of the world’s largest BTC fund has said.Speaking in an interview with financial news magazine The Compound on March. 2, Michael Sonnenschein, managing director of Grayscale Investments, said Bitcoin was in a new investment…

Goldman Sachs-backed Circle has published a third-party audit of its USD-pegged stablecoin USD Coin (USDC) for the second time, according to a company blog post Dec. 18.USD Coin — an ECR20 token first announced this May and released in September — is one of a swathe of new stablecoins notionally collateralized 1:1 by a major…

Deaton strongly refuted the idea that the lawsuit’s result was an even 50-50 outcome for the SEC, asserting that it leaned closer to a 90-10 advantage in favor of Ripple. 867 Total views 2 Total shares Prominent cryptocurrency attorney John E. Deaton has offered insights into the Ripple Labs XRP lawsuit against the Securities and

While a strategic Bitcoin reserve may be good for price action, the US Treasury controlling 19% of the BTC supply raises unprecedented centralization concerns.

Up until April 25, Bitcoin (BTC) bulls had been defending the $38,000 level, but bulls were caught off-guard by the recent drop. As Bitcoin plunged from $46,700 to $37,700 between April 5 and 26, most of the bullish bets for the upcoming $1.96 billion monthly options expiry became worthless.Regulatory concerns continue to pose a threat…

The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, has seen a spike towards $10,500 before the halving took place on May 11. However, the price of Bitcoin has been having problems since the halving and is currently showing more signs of weakness.On the other hand, altcoins have been starting to show signs…