Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price tumbled 2% in the past 24 hours to trade at $90,323 as of 11:17 a.m. EST on trading volume that rose 12% to $54 billion. This comes as John Ameriks, Vanguard’s global head of quantitative equity, called BTC a…
Do Kwon, co-founder of Terraform Labs, was sentenced to 15 years in US federal prison for what a judge called an “epic, generational” fraud related to the $40 billion collapse of TerraUSD/Luna in 2022. Kwon pleaded guilty to fraud charges, admitting he misled investors by concealing that TerraUSD’s initial stability was due to secret intervention…
Despite the latest developments and new updates around the project behind the token, PI has lost the momentum that started in October and lasted for most of November. At the time, most of the cryptocurrency market was sliding hard, including massive double-digit price declines from the largest of the bunch. However, PI managed to defy…
As the year winds down, this week still delivered plenty for brokers. FXCM and Tradu’s parent company is preparing to cut more than 100 jobs. Sources familiar with the matter said the layoffs will affect multiple departments and locations, marking one of the largest workforce reductions for the group in recent years. However, CEO Brendan…
Key Takeaways Brazil’s largest private bank advises allocating 1% to 3% of investment portfolios to Bitcoin for diversification. Bitcoin offers protection against currency devaluation and low correlation with traditional assets. Share this article Itaú Unibanco, Brazil’s largest private bank, has recommended that investors allocate 1%-3% of their investment portfolio to Bitcoin to enhance diversification and…
Advertisement     Asset management companies are continuing to launch spot XRP exchange-traded funds (ETFs) one after another. The latest company to join the XRP ETF craze is 21Shares. 21Shares To Debut Latest XRP ETF According to a new S-1/A amendment with the U.S. Securities and Exchange Commission, Cboe BZX Exchange confirmed it has…
Crypto stablecoin issuer Tether says it has launched a bid to fully acquire the Italian professional soccer club, Juventus Football Club, which has reportedly already been shot down. Tether said on Friday that it submitted a binding all-cash proposal to Exor, the holding company of the Agnelli family, for its 65.4% controlling stake in Juventus…
TLDR The IFP indicator has fallen below its 90-day average, signaling weakening liquidity across major exchanges. Bitcoin trades near historically high levels despite slowing inflows, creating a widening gap between price and liquidity. Reduced positive liquidity transfers suggest softer support for upward trends and a growing chance of consolidation. A return of the IFP above…
Cash App, the mobile payment service from Block, Inc., allows users to buy, sell, and send Bitcoin directly within the app. For people already familiar with Cash App for peer-to-peer payments, this feature offers a simple entry point into cryptocurrency without needing to sign up for a separate trading platform. This article explains how Bitcoin works on…
Currently, the Ethereum price is in the $3,051–$3,272 range, moving down amid reactions to the Federal Reserve’s decision to cut interest rates. Traders are jittery, volatility is rising, and a clear trend is yet to take shape. Naturally, that leaves us asking: what’s a credible Ethereum price prediction going forward? Summary Ethereum is trading between…