Crypto prices are showing strength to start the week, with Solana seeing the strongest bounce of any top 10 cryptocurrency on Monday. The SOL price successfully defended the $141 multi-month support level and is now testing key resistance levels. Sidelined investors could soon get an excellent buying opportunity to new highs. Meanwhile, high-quality coins are … Read more
KULR Technology Group Inc. acquired 118.6 bitcoin for approximately $13 million, increasing its corporate treasury holdings. The purchase price averaged roughly $107,861 per bitcoin, the company stated Monday. This brings KULR’s total bitcoin holdings to 920 BTC. Those 920 BTC represent a total investment of about $91 million, acquired at an average price of $98,760 … Read more
ProShares Trust and Bitwise each filed preliminary prospectuses with the Securities and Exchange Commission (SEC) on June 6 for exchange-traded funds (ETF) designed to track Circle’s CRCL shares. The ProShares Ultra CRCL ETF is a 2x leveraged product that seeks to deliver twice the daily move in CRCL by utilizing swaps and other derivatives, as … Read more
US Securities and Exchange Commission (SEC) Chair Paul Atkins took aim at the previous administration’s crypto policies in the regulator’s latest roundtable event exploring digital asset regulation. In a Monday event led by the SEC’s crypto task force titled “DeFi and the American Spirit,” Atkins said the prior administration, suggesting the agency’s stance on digital … Read more
Today, the Head of Digital Assets of BlackRock Robert Mitchnick, at the Bloomberg ETF IQ, talked about what’s really driving the surge in Bitcoin ETFs. “It’s a lot of things coming together. Out of the gate was retail and investor demand…” said Mitchnick. “Now, more recently, we’ve seen just steady progress of more wealth advisor … Read more
Solana‘s SOL demonstrates its resilience in the volatile cryptocurrency market, increasing approximately 4.83% over the previous 24 hours to achieve a value of $152.16. This notable upward movement is characterized by successively higher lows, complemented by a noticeable rise in trading volume. Continue Reading:Can Solana’s Price Continue Its Climb? Source: https://en.bitcoinhaber.net/can-solanas-price-continue-its-climb
Turnkey, a crypto infrastructure company founded by former Coinbase Custody builders in 2022, has raised $30 million in a Series B round to create an “open infrastructure layer” for crypto, which the company says will help the industry evolve in a similar way to the internet. Bain Capital Crypto led the round with participation from … Read more
Bitcoin’s developer community is caught in a serious tug-of-war over changes to node policies. Where does this leave the future of BTC? Beyond its role as a store of value or speculative asset, Bitcoin [BTC] operates atop a complex, decentralized system built around a consensus mechanism that lets a global network agree on what’s true. … Read more
Telegram founder Pavel Durov is still trying to figure out why he was detained in France last August, though the motives may have been political and tied to authorities’ efforts to crack down on alleged illicit activity on the messaging platform. That was one of the key takeaways from Durov’s interview with Tucker Carlson, which … Read more
Bitcoin’s implied volatility has dipped to yearly lows as price action remains muted in a tight $100K–$110K range. Traders are now pushing bullish bets into September, amid fading near-term catalysts. Bitcoin in a Lull as Market Awaits Catalyst Bitcoin is showing signs of summer slumber as implied volatility (vol) measures continue to decline, marking fresh … Read more