Bitcoin price remains near $60,000, but analyst warns a downward slide could target $40,000
bitcoin btc$59,347.81 is trading in a tight range between $59,000 and $60,000 for the fifth day in a row, a quiet stretch that some analysts warn is…
Institutional BTC Demand Below Supply as ETFs Exit and New Coins Flood Market: Crypto Daily
Although BTC has recently stabilized around $60,000, the prospects for a significant recovery remain bleak because institutional demand is far below…
Bitcoin and Ethereum Test Price Bottom as US Stocks and Dollar Steady
bitcoin btc$59,303.45 fell 1.5% on Tuesday after failing to hold above $60,000 on Monday. It is now trading at $59,250 and looks set to challenge the…
Bitcoin and Ethereum Test Price Bottom as US Stocks and Dollar Steady Read More »
UK FCA reduces stablecoin capital buffers to 1%, undermining EU MiCA
The UK’s Financial Conduct Authority (FCA) reduced proposed capital requirements for stablecoin issuers as it set out its formal guidance for…
UK FCA reduces stablecoin capital buffers to 1%, undermining EU MiCA Read More »
Maritime traffic in the Strait of Hormuz increases again
Traffic through the Strait of Hormuz recovered on Monday after a weekend slowdown caused by an upsurge in attacks between Iran and the United States….
Maritime traffic in the Strait of Hormuz increases again Read More »
USDT trades at a 7% to 10% premium in India. Exchanges say it’s just supply and demand
USDT, the world’s largest dollar-pegged stablecoin, is trading well above its face value on Indian crypto platforms. While local reports…
USDT trades at a 7% to 10% premium in India. Exchanges say it’s just supply and demand Read More »
Bitcoin’s link to USD/JPY is the strongest since 2022. Here’s why it matters.
Under the “yen carry trade” framework, a weak yen (rising USD/JPY) is assumed to be accompanied by a rise in BTC, just as it tends to support…
Bitcoin’s link to USD/JPY is the strongest since 2022. Here’s why it matters. Read More »
BlackRock IBIT loses $300 million as bitcoin demand declines
U.S. spot bitcoin ETFs lost a net $231 million on Monday, with BlackRock’s IBIT accounting for $300 million of outflows that were partly offset…
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Bitcoin Digs Below $60K as Rate Jitters, ETF Outflows Persist
Bitcoin Digs Below $60K as Rate Jitters, ETF Outflows Persist
Bitcoin Digs Below $60K as Rate Jitters, ETF Outflows Persist Read More »
Why crypto founders are abandoning Europe for Dubai ahead of a major deadline
The recovery began about 18 months ago, before the first MiCA rules came into force, he said. Stablecoin regulations began to apply about a year ago,…
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