Bitcoin Holds $75K Amid Market Tension and Short Squeeze Risk
After a brief surge to its highest position since early February on Friday, the cryptocurrency market is trading back into familiar ground. The price of Bitcoin is just over $75,000…
EU Pushes for Euro Stablecoins as France Signals Policy Shift
Reuters reports that French Finance Minister Roland Lescure said on Friday that the European Union (EU) needs more stablecoins issued in euros and that banks around the EU should look…
Kraken’s Parent Firm Payward All Set to Acquire Bitnomial for $550M
The parent company of Kraken, Payward, has entered into an agreement to purchase Bitnomial, a platform for digital asset derivatives, for up to $550 million. The deal, which includes both…
US Government Moves $606K in Bitcoin Linked to Bitfinex Hack
With the transfer of around $606,000 in bitcoin to Coinbase Prime, the United States government has resumed its blockchain activity. Data monitored by Arkham indicates that the 8 BTC that…
Bulls Striving Hard as Bitcoin Eyes $76K Mark Yet Again
The price action of Bitcoin indicates the positive impact of the U.S.-Iran truce is starting to fade, and that markets are seeking more concrete progress to alleviate the global economic…
OKX’s Star Xu Slams Binance’s CZ as Feud Explodes Over Old Allegations
In a series of postings on X that address claims going back more than a decade, OKX founder Star Xu called Binance founder Changpeng “CZ” Zhao a “habitual liar,” reigniting…
WLFI Nosedives as Controversial DeFi Lending Strategy Sparks Alarm
A day after the Trump-affiliated cryptocurrency company created a discussion on X justifying its lending stance on Dolomite—the DeFi protocol whose co-founder advises WLFI—the WLFI token dropped almost 12%. At…
Binance Offers UAE Staff Relocation Amid Middle East Tensions
Binance informed a leading publication on Friday that, due to regional concerns, it gave its UAE personnel the choice to temporarily move to Tokyo, Kuala Lumpur, Bangkok or Hong Kong.…
US CPI Surges 0.9%, Bitcoin Gains on Mixed Inflation Signals
Rising oil prices associated with the war in the Middle East were the primary driver of the anticipated acceleration in U.S. inflation last month. However, there was a negative surprise…
Bitcoin Holds Above $72K as CPI Data Looms, Volatility Breakout Near
Bitcoin (BTC) showed optimistic signs on Friday, continuing on the recent gains in the last few days amid the ceasefire between the U.S.-Israel and Iran. The price managed to hold…