After staging a powerful rally from below $102,000, the Bitcoin price today is trading near $111,150, showing signs of exhaustion just below the key resistance ceiling at $112,000. The move comes after a steep breakout on May 20 that took the Bitcoin price above multiple trendline resistances and historical supply zones. Highlights: Bitcoin price today … Read more
Plasma, a company focused on stablecoin infrastructure, announced a strategic investment from Founders Fund as a key step in its mission to scale stablecoin adoption globally Plasma, a company focused on stablecoin infrastructure, announced a strategic investment from Founders Fund as a key step in its mission to scale stablecoin adoption globally. The investment is … Read more
In brief CFTC Commissioner Summer Mersinger said Thursday crypto perpetual futures could come to market in the U.S. “very soon.” The approval of those derivatives contracts comes as several commissioners are preparing to leave the federal agency. Perpetual markets generally boast greater trading volume than their spot counterparts. Outgoing CFTC Commissioner Summer Mersinger signaled Thursday … Read more
New York City unleashes crypto ambitions as Mayor champions tokenization, fintech jobs, and blockchain-powered city services in bold new vision. Mayor Eric Adams Unveils NYC’s Digital Asset Future at First Crypto Summit At the first New York City Crypto Summit held on May 20, Mayor Eric Adams delivered forceful remarks highlighting the city’s ambition to … Read more
Sui TVL reaches $2.1 billion, up 104% from March lows. Network leads all blockchains with $148 million stablecoin inflows. Microsoft Fabric integration enables real-time blockchain data access. Sui Network has achieved a major milestone with total value locked (TVL) surging to new highs above $2.1 billion. According to DefiLlama data, the current TVL stands at … Read more
An altcoin rally is anticipated as gold’s breakout and Bitcoin’s (BTC) setup mirror historical bull signals Dan Gambardello highlights altcoins like Ethereum (ETH), Cardano (ADA) building strength for a significant surge. The broader altcoin market, though currently lagging, shows strong potential for an explosive catch-up this cycle. After gold’s explosive breakout, market analysts are now … Read more
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been … Read more
Bitcoin’s complicated decimals might soon be history if a new plan to redefine the base unit as the real “Bitcoin” gets adopted. Bitcoin (BTC) has always had a little quirk that confuses even longtime users: the way it’s measured. Officially, one Bitcoin equals 100 million “base units” — also called “satoshis” or “sats” — but … Read more
Governments worldwide are waking up to a massive missed opportunity as bitcoin’s explosive rally shows early crypto adoption could’ve slashed deficits and built sovereign wealth, says Binance’s CEO. Governments Could Have Slashed Deficits Using Bitcoin, Says Binance’s CEO Binance CEO Richard Teng highlighted bitcoin’s long-term value in recent posts on social platform X, citing its … Read more
Shares in Swedish health tech company H100 Group AB rose 37% after it said it purchased Bitcoin for the first time as part of a new strategy, while China’s Jiuzi Holdings revealed its plan to stack 1,000 Bitcoin over the next year. H100 said on May 22 that it spent 5 million Norwegian krone ($490,830) … Read more