Category: Bitcoin
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Tokenized Real-World Assets Reach $31.76 Billion as Circle’s USYC Tops $3 Billion
[ad_1] Key Takeaways Tokenized real-world assets reached about $31.76 billion, with Circle’s USYC topping $3 billion and Blackrock’s BUIDL near $2.4 billion. Recent launches have put tokenized SpaceX and Revolut equity onchain via platforms like Colb. Concentration among a few issuers and thin liquidity for newer assets remain key risks for the sector. A Market…
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Will The SpaceX IPO Have A Significant Impact On The Bitcoin And Crypto Market?
[ad_1] Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The SpaceX IPO (Initial Public Offering) has quickly become one of the most talked-about developments in the financial markets, and Bitcoin is not left out of the conversation. As the market gets ready to usher in what is expected to be…
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Bitcoin May Rebound to Six-Figures Before October, BTC Price Technicals Suggest
[ad_1] Bitcoin (BTC) chart technicals suggest that the BTC price rebound to $100,000 may still happen by September. BTC/USD daily chart. Source: TradingView Key takeaways: Bitcoin is painting a potential double-bottom and bullish divergence pattern. BTC price must break above a resistance confluence near $66,700 Double-bottom hints at 60% BTC price upside BTC rebounded 13.25%…
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Switzerland Rejects Controversial 10 Million Population Cap in Historic Referendum
[ad_1] Key Takeaways Switzerland voted 54.79% against the SVP initiative, next securing vital access to European markets. With 27.5% of residents being immigrants, Enmetena Advisory noted a no vote protects tax markets. Displaced International warned that a similar 10M cap proposal could return, keeping long-term market policy unstable. Swiss Reject Population Cap Initiative In Historic…
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The Bitcoin 400-Day Cycle: Historical Performance Shows How Low The Bottom Goes
[ad_1] Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A crypto analyst has projected just how low Bitcoin (BTC) could fall during this market cycle, sharing a timeline for a potential price bottom. The expert has based his bearish outlook on the Bitcoin 400-day cycle, a recurring pattern that has…
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Saylor Says Bitcoin Sales Are Necessary for Strategy’s Digital Credit Business
[ad_1] Michael Saylor, executive chairman of Strategy, defended the company’s recent Bitcoin sale, saying the ability to sell the asset is necessary to continue issuing “digital credit.” Strategy disclosed its first reported Bitcoin sale since 2022 in a June 1 filing with the US Securities and Exchange Commission, offloading 32 BTC in a move that…
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Metamask Deepens Its Latam Footprint With Major Crypto Card Expansion Across 13 Countries
[ad_1] Key Takeaways Metamask brought its Mastercard debit card to 13 new nations, offering users 1% cashback in mUSD. Utexo data shows crypto card use grew 2.7 times, pushing the card payment market into the mainstream. Following a February U.S. launch, Gal Eldar next aims to weave Metamask cards into daily global transactions. Metamask Card…
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Bitcoin Price Just Entered The DCA Zone That Has Previously Triggered A 2,200% Rally To ATH
[ad_1] Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin’s price action is no longer trading with a sense of euphoria, nor is it safely above the levels that kept bulls confident earlier in the year. Instead, the leading cryptocurrency has now moved into a DCA zone, which is a…
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Bitcoin Battles Hormuz Closure, US Inflation as $63,000 Returns
[ad_1] Bitcoin (BTC) returned to $63,000 on Thursday as crypto shook off news that Iran had closed a key global oil route. Key points: Bitcoin sees volatility but hits intraday highs despite surging US inflation and another Strait of Hormuz closure. Oil rebounds as the US promises fresh attacks on Iranian infrastructure on Thursday. Bitcoin…
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Nigeria Senate Pushes Crypto Bill to Committee, Setting Up 4-Week Review Phase
[ad_1] Key Takeaways Nigeria’s Senate advanced a crypto bill on June 9 as Tahir Monguno warned delays fueled risks. Rume Ophi said the 2021 CBN ban under Godwin Emefiele set the industry back five years. Ophi argued the sector could aid President Tinubu’s push toward a $1 trillion economy. Legislative Progress and Next Steps Nigeria’s…