Tag: COIN:MATICUSD
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Crypto: GBTC Outflows Boost ETF Alternatives, Trump’s Stance Against CBDCs, and More
Opposing trends: Cryptocurrency decline and dollar rise after Bitcoin ETFs The recent approval of Bitcoin ETFs has generated a surge in trading volume in the cryptocurrency market. However, an unexpected premium on spot Bitcoin points to an unusual market. The price of Bitcoin, undergoing an ongoing correction, has been exacerbated by growing risk aversion among…
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Crypto: MicroStrategy Expands BTC Holdings, Grayscale Leadership Renewed, MATIC Breaks $1 Barrier, and More
Bitcoin and cryptocurrencies display mixed movement on Wednesday Bitcoin (COIN:BTCUSD) and other cryptocurrencies have shown mixed performance in the last 24 hours, with traders assessing recent highs and awaiting new catalysts, including the expected approval of Bitcoin-holding ETFs. Bitcoin recorded a modest increase of 1.05%, reaching $43,070, mostly trading between $41,000 and $44,000 since December.…
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Crypto: Solana Rises Above XRP, Cardano-Petrobras Partnership Elevates Blockchain Learning, and More
Cardano-Petrobras partnership promotes blockchain education for 40,000 employees The Cardano Foundation (COIN:ADAUSD) has teamed up with Petrobras (NYSE: PBR) to educate over 40,000 employees about blockchain through workshops offered by the Cardano Academy at the Petrobras University. This educational program covers the potential of blockchain in the energy sector, explores use cases, and includes interactive…
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Crypto: BONK Fuels Saga Phone Sales, SafeMoon Files for Bankruptcy, and More
Bitcoin is just below $42,000 after reaching 20-month highs, with optimistic forecasts for 2024 After hitting its highest levels in the last 20 months the previous week, Bitcoin (COIN:BTCUSD) appears to have established a trading range between $42,000 and just over $43,000 during this week. The cryptocurrency is currently trading at around $41,860, showing a…
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Crypto This Thursday: FCA Warns Against Poloniex, Robinhood Debuts in EU, and More
US jobs report could heavily impact Bitcoin and markets Bitcoin’s recent rise was influenced by falling interest rates, which also benefited traditional markets. Recently, the cryptocurrency market has shown remarkable growth, with Bitcoin, the largest cryptocurrency, exceeding large companies in market capitalization such as Tesla (NASDAQ:TSLA) and Visa (NYSE:V). Bitcoin has reached a market capitalization…
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Crypto this Friday: AVAX and NEAR Lead Gains This Week, Sushi Integrates BTC with ZetaChain, and More
AVAX and NEAR lead weekly gains In the last week, the tokens AVAX from Avalanche (COIN:AVAXUSD) and NEAR from Near Protocol (COIN:NEARUSD) registered significant gains, with AVAX rising almost 60% and NEAR increasing more than 23%. The growth of AVAX can be attributed to its inclusion in the Project Guardian of the Monetary Authority of…
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Crypto This Friday: JPMorgan Launches Programmable Blockchain Payments, Solana reaches $50, and More
JPMorgan launches programmable payments via blockchain JPMorgan (NYSE:JPM), through its Onyx unit, has introduced programmable payments into its blockchain-based payment system, JPM Coin. This innovation enables automatic transactions following predefined rules, optimizing treasury functions for institutional clients. Initially launched with Siemens AG (TG:SIE), the service promises to increase fund efficiency and availability, operating continuously, even…
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Crypto This Thursday: Binance Introduces Web3 Wallet, HSBC Set for Digital Custody Service, and More
Binance launches web3 wallet Binance is innovating with a web3 wallet, simplifying access to decentralized services for its users directly from its app. Security is reinforced with advanced technologies, eliminating common security phrases. This step reaffirms Binance’s commitment to making web3 usage easier while maintaining security and simplicity for users, whether they are newcomers or…
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Crypto This Tuesday: Record-Breaking Profitable BTC Addresses, Tether Bolsters Reserves in Q3, and More
Bitcoin maintains stability after changes in the Bank of Japan’s liquidity policy Bitcoin (COIN: BTCUSD) is trading at around $34,300 following changes in the Bank of Japan’s (BOJ) approach to its “yield curve control” (YCC) program. The BOJ has chosen to consider the 1% limit for 10-year government bonds as a reference instead of a…
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Crypto This Wednesday: Polygon Launches POL on Ethereum Mainnet, Vodafone and Chainlink Boost Commerce, and More
Bitcoin reaches US$35,000 on Wednesday and bold predictions for the end of 2023 Bitcoin (COIN:BTCUSD) experienced a notable rise last week due to news about ETFs that turned out to be misleading. The fact that the price did not retreat after the news correction suggests that other factors are driving the increase, such as investors seeking…