Tag: NASDAQ:COIN
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Crypto this Wednesday: BTC Maintains Stability; Reaction to Moonbeam, Tellor and Bone Tokens, and more
Bitcoin maintains stability amid market turmoil Despite the turmoil in conventional markets and the decline in stocks on Tuesday, Bitcoin (COIN:BTCUSD) and other cryptocurrencies remained largely stable or saw small increases on Wednesday. This could signal a period of relative stability for Bitcoin or indicate concerns for the crypto market. Bitcoin, in particular, has remained around $26,000…
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Wednesday’s Wall Street Highlights: Amazon, Costco, Sirius XM, Electronic Arts, Peloton, and more
US Index Futures are trending upward on Wednesday, reflecting the possibility of new stimuli in China and a temporary agreement to maintain U.S. government funding, with Wall Street aiming to recover from significant declines in the previous session. As of 06:55, Dow Jones futures (DOWI:DJI) rose 88 points, or 0.26%. S&P 500 futures increased by…
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Crypto this Tuesday: Chase UK Bans Crypto Transactions, Coinbase Registers with Bank of Spain, and more
Study reveals only 3% of crypto professionals receive salaries in cryptocurrencies According to a study by Pantera Capital, 97% of professionals in the crypto industry receive their salaries in fiat currencies, while only 3% are paid in cryptocurrencies. The majority of crypto earners opt for stablecoins like USDC and USDT, with 13% choosing bitcoin. Cryptography engineers have…
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Crypto this Monday: HTX and Mixin Network Hacked, Upbit Stops APT Transactions, and More
Bitcoin faces decline and strong dollar Bitcoin (COIN:BTCUSD) opened at $26,000 on September 24, with a significant weekly drop severely impacting its price trajectory. Analysis shows uncertainty in BTC price after briefly breaking $26,000 support. Analysts such as BaroVirtual and Rekt Capital indicate a possible Bitcoin decline to the $22,000 to $20,000 range if resistance is not…
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Monday’s Wall Street Highlights: Ford, Amazon, Paramount, Nike and more
US index futures are down in pre-market trading this Monday, amid a broad return of risk aversion sentiment, due to indications from central banks that interest rates will remain high for an extended period. At 06:55, Dow Jones (DOWI:DJI) futures dropped 15 points, or 0.04%. S&P 500 futures fell 0.05% and Nasdaq-100 futures fell 0.08%.…
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Crypto This Wednesday: Ledger Controversy Over Keys; Stanford May Return FTX Donations, and More
Grayscale abandons post-merger Ethereum PoW tokens and explores new opportunities with Ethereum and Bitcoin ETFs Cryptocurrency investment firm Grayscale has decided to relinquish rights to proof-of-work (PoW) post-merger Ethereum tokens (ETHPoW) on September 18. The decision came after finding that these tokens did not reach relevant liquidity and the lack of support from custodians. The company took six…
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Crypto This Friday: Celsius and Core Scientific Deal, Friend.tech’s Rise in NFTs, and More
US$45 Million settlement ends dispute between Celsius and Core Scientific Celsius and Core Scientific (USOTC:CORZ) have reached a $45 million settlement to end a legal dispute. According to court records released Thursday, Celsius will pay $14 million in cash and the balance in adjusted shares. The agreement still awaits approval from courts in Texas and New York. The…
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Crypto This Thursday: Deutsche Bank Partners with Taurus, Genesis Ends Activities Globally, and More
Deutsche Bank expands its operations in digital assets in partnership with Taurus Deutsche Bank (NYSE:DB) announced the integration of digital asset custody and tokenization services from Swiss company Taurus. This move expands the bank’s efforts in digital assets, considering its previous initiatives such as applying for a cryptocurrency custody license in Germany. Deutsche Bank’s Paul Maley emphasized…
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Crypto This Tuesday: PayPal Launches Crypto-Dollar Conversion, Franklin Templeton Submits BTC ETF, and More
Bitcoin movement follows varied perspectives On September 12, Bitcoin (COIN:BTCUSD) attempted to consolidate above $26,000, generating optimism among investors. Records indicated that Bitcoin maintained much of its 24-hour advance, reaching 5.5% at one point. Jelle, a renowned trader, showed enthusiasm for a retest of the $27,000 level. Meanwhile, Crypto Ed projected a possibility of reaching $28,000 in the…