In the past 24 hours, Bitcoin has continued its recent upward trend, reaching its highest price in over a month at just over $67,400. Ethereum has also joined the rally, breaking through the significant resistance level of $3,000 and surging above $3,100.
Read MoreCardano (ADA) experienced a downward trend on the daily chart, although it saw a 7.4% bounce from its lows on Wednesday. Technical analysis indicates that market bulls face a challenging task in reversing this trend.
Read MoreIn a notable indication of increasing acceptance within mainstream finance, Morgan Stanley has disclosed a substantial investment of $269.9 million in Bitcoin through Grayscale’s GBTC trust, as noted in its first-quarter 13F filing.
Read MoreHong Kong, a city known for its bustling finance scene, recently set the stage for a groundbreaking event: Ordinals Asia 2024. Held on May 10th and 11th, this conference served as a pivotal platform for exploring the burgeoning world of Ordinals – a revolutionary technology that allows users to permanently inscribe data directly onto individual Satoshis (the smallest unit of Bitcoin).
Read MoreTether, the creator of USDT, has utilized its treasury to generate a substantial volume of its stablecoin. According to on-chain data, Tether Treasury produced 1 billion USDT on May 16, specifically at 16:50 UTC.
Read MoreBitcoin prices entered a bullish phase following a surge in inflows into spot Bitcoin ETFs and a 7% uptick in price over the last 24 hours.
Read MoreArbitrum (ARB) addresses surged to an all-time high in May as a wave of new users embraced its decentralized finance (DeFi) and non-fungible token (NFT) offerings, contributing to the platform's rapid recovery during the recent market rally.
Read MoreInflows into spot Bitcoin exchange-traded funds (ETFs) surged to a two-week peak as the cryptocurrency experienced a 7% surge following the release of significant US inflation data.
Read MoreIn a recent submission to the Securities and Exchange Commission (SEC), the State of Wisconsin Investment Board (SWIB) disclosed its investments in spot Bitcoin ETFs managed by BlackRock and Grayscale.
Read MoreShortly after expressing his strong endorsement of Bitcoin (BTC) as the sole viable monetary and investment option, Andrew Tate, a well-known social media figure and former professional kickboxer, declared his decision to fully abandon traditional fiat currency.
Read MoreToncoin (TON) has emerged as the sole Layer 1 Network that can effectively rival Bitcoin (BTC) since the start of the year. TON has surpassed BTC by over 160% and boasts a higher count of active addresses.
Read MoreIn a significant shift, Bitcoin and cryptocurrency are poised to play a central role in an American Presidential Election cycle for the first time.
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