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
The Nigerian securities regulator has issued a warning against Zugacoin and Samzuga GPT, labeling them as unauthorized crypto operations. Memecoins Tied to Pump-and-Dump Schemes The Nigerian Securities and Exchange Commission (SEC) has issued a public warning, labeling Zugacoin and Samzuga GPT as unauthorized crypto operations. The commission stated that the promoters and issuers of these … Read more
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. We’re seemingly coming down to the wire for SEC approval of spot Solana ETFs, with the original seven prospective issuers filing amended S-1s in recent days and a newcomer (aka CoinShares) entering the race. Notably, every filing included language around staking, which, … Read more
BBVA (Banco Bilbao Vizcaya Argentaria), Spain’s second-largest bank, is advising its wealthy clients to allocate up to 7% of their portfolio towards Bitcoin (BTC) and Ethereum (ETH). This is yet another sign that major banks and financial institutions that previously shunned crypto are warming up to the sector. BBVA Suggests Crypto Allocation BBVA reportedly advised … Read more