Global capitalization of fiat-backed stablecoins has climbed above $250 billion, the highest level on record, according to CoinDesk data published in mid-June Global capitalization of fiat-backed stablecoins has climbed above $250 billion, the highest level on record, according to CoinDesk data published in mid-June. Earlier in the month, analytics firm CryptoQuant pegged the figure at … Read more
As long as the Bitcoin dominance stays above the Bull Market Support Band, there will be no altcoin season, an analyst has suggested. Bitcoin’s price recently experienced a slight uptick, trading around $104,800 amid a modest increase of about 0.5%. This price movement followed a brief decline to $103,600, which was quickly reversed by bullish … Read more
Semler Scientific, the second U.S. publicly traded company to adopt Bitcoin as its primary treasury reserve asset, has appointed Joe Burnett as Director of Bitcoin Strategy while announcing a Bitcoin accumulation plan. The healthcare technology company targets holding 10,000 Bitcoin by year end 2025, 42,000 by 2026, and 105,000 by 2027. $SMLR appoints Joe Burnett … Read more
XBTO, a crypto investment firm and liquidity provider, has partnered with Arab Bank Switzerland to provide a Bitcoin yield product to the bank’s wealth management clients, part of a growing appetite among institutions for BTC yield products. According to XBTO, the product will apply its “diamond-hands” strategy, a proprietary approach used on the company’s Bitcoin … Read more
According to Onchain Lens data reported by COINOTAG News on June 20th, a significant whale transaction was observed involving the withdrawal of 303.36 bitcoins from the Deribit exchange, valued at roughly $31.66 million. This movement highlights notable liquidity shifts within the crypto derivatives market. Over the last seven days, the same entity has executed cumulative … Read more
Bitcoin has traded above $100,000 for over 40 consecutive days since May 7, a milestone for the top cryptocurrency, which also reached more than 6,000 days of continuous running time this month. BTC Unmoved by Global Events On June 19, Bitcoin logged more than 40 consecutive days trading above the $100,000 mark, a feat achieved … Read more
Cryptocurrency remains stable despite soaring global tensions. BTC continues to trade above $100,000 without incident. Crypto is a haven for investors in times of growing uncertainty. Bitcoin and cryptocurrency maintain notable strength despite increasing global tension. BTC’s price remains above $100,000 while other top cryptocurrencies continue to trade within their pre-war ranges amid fear of … Read more
In brief Revolut is actively exploring creating its own stablecoin, sources told Decrypt. The neobank serves 55 million retail customers and 500,000 business customers across 160 countries. A stream of other major companies have been exploring stablecoins, as crypto-friendly legislation makes its way through Congress in the United States. Revolut, one of the biggest neobanks … Read more
Key takeaways: Short-term Bitcoin holders sold 15,000 BTC at a loss throughout the week. Onchain data suggests a Bitcoin price bottom in the $97,000–$94,000 zone. Bitcoin (BTC) is experiencing a relatively subdued week, as armed conflict between Israel and Iran and uncertainty ahead of the FOMC led investors and traders to stay sidelined. Despite the … Read more
Despite the ongoing volatility in global markets, Bitcoin (BTC) has shown high resilience – and even formed a potential bullish pennant on its weekly chart. The creation of this pattern has coincided with the US Senate giving the official green light to the GENIUS stablecoin bill – marking a historic leap forward for crypto regulation, … Read more