Mercurity Fintech Holding, a Nasdaq-listed digital fintech group building blockchain-based payment infrastructure, will raise $800 million to establish a Bitcoin treasury reserve, as more corporations are embracing the world’s first cryptocurrency. The fintech company plans to raise $800 million to establish a “long-term” Bitcoin (BTC) treasury reserve, which will be integrated in its digital reserve … Read more
The charts are tightening up and Ethereum (ETH) and XRP have been consolidating at the same levels for a while now. However, that sideways action might be nearing an end and both ETH and XRP look ready to break through key resistance levels. Meanwhile, PEPE and Remittix (RTX) are moving for a whole different reason … Read more
Circle has announced the launch of its USDC stablecoin and Cross-Chain Transfer Protocol (CCTP) V2 on World Chain. This development allows the nearly two million users who previously held bridged USDC in their World App wallets to upgrade to native USDC issued directly by Circle, ensuring that their holdings are now fully backed by liquid … Read more
Key takeaways: Ether’s price has rallied 108% to $2,880 since April 9. ETH futures open interest hit all-time highs of $20 billion, signaling bullish sentiment. Ether’s bullish cup-and-handle pattern targets $4,200. Ether (ETH) price gained 108% between April 9 and Wednesday, reaching $2,880 for the first time since Feb. 8. This significantly outperformed the broader … Read more
The Bitcoin price today is trading near $107,690 following a slight dip from Monday’s peak above $110,800. While the broader uptrend remains intact on higher timeframes, intraday charts reveal early signs of exhaustion, especially as BTC tests a confluence of resistance near the 0.618 Fibonacci level and the upper Bollinger Band. Traders are watching closely … Read more
TLDR: Bitcoin (BTC) retests the range high near $108K, a key level for confirming bullish continuation. A breakout or breakdown from the current range may define June’s broader trend. The monthly RSI enters the overbought zone, often signaling the peak phase of a bull run. Analysts expect altcoin rotation and volatility if Bitcoin breaks above … Read more
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The Financial Stability Board (FSB) is sounding the alarm on growing risks from the crypto sector, warning that interlinkages with traditional finance are nearing a critical threshold. Speaking in Madrid on Thursday, outgoing FSB Chair Klaas Knot said that while crypto does not yet pose a systemic risk to traditional finance, that status may not … Read more
The parabolic run of Bitcoin in recent years has ignited debates about demand, supply, and where the broader crypto market is headed next. While many investors are focused on higher price milestones beyond $110K, Bitwise CEO Hunter Horsley believes a major real shift is on the horizon. According to Horsley, once Bitcoin (BTC) crosses the … Read more
Binance, one of the world’s largest crypto exchanges, became one of the first crypto trading platforms to launch in Syria after the easing of US and European Union sanctions in May. Syrian residents can now access Binance’s platform and trade crypto assets like Bitcoin (BTC), the company announced on Thursday. The launch follows US Secretary … Read more