Tether is now the 19th-biggest owner of US government debt after it surpassed Germany in holding US Treasuries. As per the attestation report for Q1 2025, Tether has $120 billion in US Treasuries, which is greater than Germany’s $111.4 billion, as reported by the US Department of the Treasury. “This milestone not only reinforces the … Read more
Franklin, a hybrid cash and crypto payroll provider, is launching a new initiative that aims to turn idle-sitting payroll into an opportunity for yield. The new solution, dubbed Payroll Treasury Yield, uses blockchain lending protocols to help firms earn returns on payroll funds that would otherwise sit idle, the company told Cointelegraph in an exclusive … Read more
Bitcoin is currently priced at $102,554 with a market capitalization of $2.03 trillion. The 24-hour trading volume reached $47.58 billion, and the intraday price range fluctuated between $102,126 and $107,115. Bitcoin A recent rejection from the local high of $107,115 signals a significant turning point, especially with heightened selling pressure seen across all major timeframes. … Read more
Daily chart (one-day analysis) Function: Major Trend. Mode: Motive. Structure: Impulse. Position: Wave 3. Direction: Uptrend. Details: Wave 3 is in progress and currently in its early stage, following the completion of a regular flat Wave 2. This indicates the start of the strongest segment within an impulsive wave. A breakout to new all-time highs is anticipated. Invalidation Level: $12.25 Hourly … Read more
Strategy has acquired 7,390 Bitcoin for approximately $764.9 million, according to a Form 8-K filed with the Securities and Exchange Commission on Monday, as the company continues its aggressive Bitcoin accumulation strategy amid rising institutional adoption. The business intelligence firm purchased the Bitcoin at an average price of $103,498 per coin between May 12 and … Read more
After bitcoin vaulted beyond the $107,000 mark, the leading digital asset retraced and dipped below the $103,000 threshold. Amid this sharp recalibration, the notorious Hyperliquid whale intensified its 40x leveraged bitcoin long position, which now carries a valuation of $508 million. Hyperliquid Whale Claims Bitcoin ‘Volcano’ Is Primed to Explode Based on the most recent … Read more
Bitcoin’s recent surge in transaction fees reflects heightened demand, signaling a noteworthy shift in the market landscape. This uptick comes amidst a decline in transaction volume, indicating that significant players are prioritizing swift processing. According to COINOTAG data, “The 42% spike in on-chain fees emphasizes a critical point: the competition for transaction processing is intensifying.” … Read more
The NBA Playoffs – Close Loss Refund is back, and it’s giving basketball fans even more reason to stay locked into the action. This offer from the popular crypto sportsbook Stake is making buzzer-beater losses a little less painful. If your team falls just short during the NBA Play-In or Playoff games, you could still … Read more
TLDR ADA price currently trading around $0.72, showing sideways consolidation after a 10% drop last week Whales purchased over 80 million ADA in just 48 hours, suggesting strong market confidence Charles Hoskinson confirmed a DeFi partnership between Cardano and Litecoin through the Midnight project ETF approval odds have increased from 45% to 64% in a … Read more
The Cardano Foundation is preparing to release an audit report on its treasury holdings after fresh allegations surfaced claiming misappropriation of roughly $600 million worth of ADA tokens. Cardano founder Charles Hoskinson is facing renewed scrutiny from community members, including non-fungible token artist Masato Alexander, who alleged that Hoskinson manipulated the Cardano ledger using a … Read more