Tag: COIN:ZENUSD
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Crypto: Tokenized Fund Earns Moody’s AA Rating, Binance Contemplates Privacy Token Removal, and Latest Updates
Bitcoin recovers after a drop due to leveraged liquidations Bitcoin (COIN:BTCUSD) has shown a slight recovery, trading just above $44,000, after dropping by up to 7% on Wednesday due to leveraged liquidations. Increased leverage and a non-consensus report from Matrixport contributed to the cascade liquidation, resulting in the elimination of nearly $560 million in long…
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Crypto: Selling Pressure and Option Expiry Impacting BTC and ETH, OKX Delisting Shaking Privacy Coins, and More
Selling pressure and option expirations mark eventful week for Bitcoin and Ethereum This week saw selling pressure among Bitcoin miners, with reserves hitting their lowest level since May, reflecting a steady decline since October. Currently, reserves are at about 1.832 million BTC, with around 3,000 bitcoins sold in the last 24 hours. The market value…
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Crypto This Monday: NEAR Soars After Alibaba Partnership, HSBC Makes Way for Crypto in Hong Kong, and More
Bitcoin holds new support on growing US interest At the open of Wall Street on June 26, Bitcoin (COIN:BTCUSD) price was at $30,500 with new support being held by the bulls. Buyer interest in the US boosted the market, especially due to announcements of institutional product applications based on the spot price of Bitcoin. US-led demand is on…