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Bitcoin and altcoins are witnessing some profit taking today,  but the overall uptrend remains intact.

The price of Bitcoin (BTC) has increased by 28% in the last 30 days and 36% at the weekly peak. Following the top cryptocurrency’s first breakout above $12,000 since September 2019, the sentiment remains optimistic. Many fundamental factors point toward an extended Bitcoin uptrend over the long run. Bitcoin has a favorable macro backdrop with…

Israel-based financial services firm GMT has joined Ripple's bank and payment provider network, the company confirmed in a recent press release.The result of a “long and precise process,” the move reportedly will help the company remain “at the forefront” of the local finance industry.Ripple, which operates blockchain-based financial products using its XRP token, has partnered…

The Mayor-elect said he plans to make New York the “center of the cryptocurrency industry” after he takes office in January. 362 Total views 12 Total shares New York Democrat Mayor-elect Eric Adams revealed on Twitter today he intends to take his first three paychecks in Bitcoin. Adams also doubled down on his plans to…

Floating Point Group informed customers that withdrawals had been halted after experiencing a security breach on Sunday evening. 47 Total views 1 Total shares Cryptocurrency brokerage firm Floating Point Group (FPG) has confirmed it has halted trading, withdrawals and deposits on its platform after falling victim to a cyberattack on June 11. FPG estimates the…

Bitcoin saw its fifth-largest week of inflows on record, helping it recapture the $60,000 mark, while Ether inflows took second place in anticipation of the US Ether ETFs.

After spending the last few days battling to hold prices above the $9,000 resistance, Bitcoin (BTC) price made a strong move by surging to $9,395. The 3.65% move took place on a high volume surge but the price quickly pulled back to $9,126 before recovering to 9,370 at the time of writing. With just 4 days…