Bitcoin’s price took another turn for the worse in the past 24 hours after the US attacked multiple Iranian nuclear sites, and the asset plunged to a multi-week low. The altcoins have posted even more notable price declines, which is evident from the growing BTC dominance. Bitcoin Tries to Recover The business week began on … Read more
The crypto market is bleeding heavily today, losing more than 2% of its market cap, amid a massive selloff recorded in the broader financial market. Crypto prices, including Bitcoin, Ethereum, XRP, SOL, and others, have moved south, reflecting the waning risk-bet appetite of the investors. So, here we take a quick tour of the top … Read more
A crypto hedge fund is an investment firm that pools capital from multiple investors, including individual and institutional investors, combines the funds, and invests them in various digital assets. For investors, the benefits of crypto hedge funds are the potential for high returns, 24/7 access to the crypto market, a diversified investment portfolio, and early … Read more
What will be Iran’s response to the US bombing? President Donald Trump just attacked and bombed Iran’s Fordow, Natanz, and Isfahan nuclear sites and then called for peace. He just declared war; there is no going back. In response, crypto markets were as chaotic and capricious as the U.S. president, with Bitcoin crashing to $100,945 … Read more
A wave of shock hit the cryptocurrency market and Bitcoin price Saturday evening following news of a successful U.S. strike on Iranian nuclear sites, disclosed by President Trump. As we published on Friday, journalist Seymour Hersh said Trump would bomb on the weekend to avoid a stock market crash. However, that can’t spare crypto, which … Read more
According to analysts, one alternative for China to combat the impending stablecoin-based dollarization and its unintended consequences is the issuance of a yuan stablecoin. This token could originate in Hong Kong, which has already enacted regulations for such instruments. Analysts: China Has the Option to Fight Dollarization With Yuan Stablecoin The U.S. government’s push for … Read more
According to analysts, one alternative for China to combat the impending stablecoin-based dollarization and its unintended consequences is the issuance of a yuan stablecoin. This token could originate in Hong Kong, which has already enacted regulations for such instruments. Analysts: China Has the Option to Fight Dollarization With Yuan Stablecoin The U.S. government’s push for … Read more
The XRP Ledger (XRPL) just experienced its busiest week on record, processing more than 5.1 million transactions on June 15. Unlike other networks that often rely on automated activity to boost numbers, this surge appears to have come from genuine user demand. XRP Ledger Continues to Scale According to blockchain analyst Ripple Van Winkle, users … Read more
Key points: Bitcoin sees a snap reaction to news of direct US involvement in the Israel-Iran conflict, dipping below $102,000. Traders note that war-based headlines have acted as a BTC price springboard in the past. Price analysis suggests that a local bottom may coincide with order book liquidity at around $97,000. Bitcoin (BTC) risked new … Read more
Texas Governor Greg Abbott has signed Senate Bill 21 (SB21), officially authorizing the creation of the Texas Strategic Bitcoin Reserve, a state-managed fund that will hold Bitcoin as part of the state’s long-term financial assets. The newly established reserve operates independently of Texas’ general treasury system and aims to strengthen the state’s financial resilience while … Read more