Bitcoin price stays under $77K as US bond yields near 20-year highs
In recent developments, bTC price stayed pinned below $77,000 amid rising US bond yields and oil prices, with market analysts saying Bitcoin is now at a “crucial level of support.”…
XRP price risks 50% drop despite 9-day ETF inflow streak
In recent developments, spot XRP ETFs record net inflows for nine days, absorbing sell pressure and potentially supporting an XRP price recovery over time. Looking closer, market participants highlight key…
BoE deputy says tokenization could cut costs, boost competition
In recent developments, the UK central bank said digital money should remain trusted and interoperable as it weighs stablecoin reforms and near-24/7 settlement to support tokenized markets. Looking closer, market…
South Korean funeral company records $33M unrealized loss on leveraged ETH ETFs
In recent developments, south Korea’s seventh-largest mutual aid company is currently sitting on a $33 million paper loss on its leveraged Ether ETF investment, following the crypto market downturn. Looking…
Zcash is ‘running its own bull market’ as ZEC price paints 88% rally setup
In recent developments, zEC has jumped 18% in three days as privacy coins rally, defying a 3.45% drop across the wider crypto market. The development has drawn attention from traders…
Estonian regulator partially suspends Zondacrypto operator license
In recent developments, estonia’s FIU has partially suspended BB Trade Estonia OÜ’s license, giving the Zondacrypto operator 30 days to fix compliance issues or risk full revocation. Looking closer, market…
Bitcoin miner Canaan posts $88.7M net loss in Q1 amid BTC decline
In recent developments, canaan’s Q1 results were dragged down by a $25 million inventory write-down and a 75% quarterly drop in equipment sales as Bitcoin prices retreated from their highs.…
Recent Bitcoin holders sell $770M BTC at a loss amid $65K BTC price calls
In recent developments, more than 10,000 Bitcoin have been sold at a loss by short-term holders in recent days, adding fuel to analysts’ predictions that BTC price will fall to…
Bitcoin Price Action Stalls Near $76K Support as Volatility Compresses
In recent developments, bitcoin hovered near $76,738 early Tuesday as traders watched a tightening consolidation range follow a strong multiweek advance. Technical indicators across the one-hour, four-hour, and daily charts…
Canaan Wins Nordic Heating Bid, Turns Bitcoin Mining Waste Heat Into Resident…
In recent developments, canaan Inc. has been selected to supply hash-to-heat equipment to a district heating network in the Nordic region, deploying its Avalon A1566HA hydro-cooled mining units to deliver…
