AUD/USD extends gains for a second day, nears the 0.6500 psychological mark. Australian wage growth beats expectations, supporting the AUD even as markets continue to price in an RBA rate cut. Weaker US CPI data drags the DXY below 100.00, pressuring the US Dollar. The Australian Dollar (AUD) strengthened further against the US Dollar (USD) … Read more
Chainlink, JPMorgan’s blockchain unit Kinexys, and Ondo Finance have completed the first cross-chain Delivery versus Payment (DvP) transaction on Ondo Chain’s testnet, integrating traditional bank payment rails with tokenized asset markets. First Cross-Chain DvP The transaction, according to the release sent to Bitcoin.com News, settled Ondo Finance’s tokenized U.S. Treasuries Fund (OUSG) using JPMorgan’s permissioned … Read more
The French interior minister reportedly plans to meet cryptocurrency professionals in the aftermath of a violent kidnapping attempt on the family of a crypto exchange executive in Paris. According to a May 14 France24 report, French interior minister Bruno Retailleau has invited crypto professionals to meet him after a brazen attempt to kidnap the daughter … Read more
In a recent update from COINOTAG dated May 14th, Matt Hougan, Chief Investment Officer at Bitwise, underscored Bitcoin’s dominance in the cryptocurrency market. He characterized Bitcoin as the *preeminent asset* in the sector, highlighting its unparalleled *liquidity* and *maturity*. Often referred to as *digital gold*, Bitcoin stands as the only cryptocurrency with a realistic pathway … Read more
Husky Inu (HINU) recently recorded its latest price increase, rising to $0.00017275 as the project edges closer to the $750,000 mark. The price jump was part of its highly successful pre-launch phase, which began on April 1. HINU is already gearing up for its next price increase, which will see the token value increase to … Read more
Tether-backed Bitcoin investment firm Twenty One Capital has acquired 4,812 BTC valued at $458.7 million, according to a U.S. Securities and Exchange Commission (SEC) filing dated May 13. The transaction is part of a private investment in public equity (PIPE) deal tied to the firm’s ongoing SPAC merger with Cantor Equity Partners. This buy comes … Read more
Key takeaways: Ethereum’s market dominance has hit overbought RSI levels not seen since May 2021, historically followed by major pullbacks. ETH/USD is showing a bearish divergence on the four-hour chart, hinting at a potential 10–15% price correction. Despite the near-term risks, some analysts view a pullback as a “buy-the-dip” setup before a possible move toward … Read more
Bitcoin is trading at $104,071, with a total market capitalization of $2.067 trillion and a 24-hour trading volume of $30.25 billion. Over the last 24 hours, bitcoin moved within a price range of $103,108 to $104,836, indicating a narrow consolidation near recent highs. Bitcoin Despite exhibiting strong bullish momentum on the daily chart, bitcoin appears … Read more
Hardening government bond yields, especially on U.S. treasury notes, have traditionally been viewed as a headwind for bitcoin (BTC) and other risk assets. However, recent persistent resilience in treasury yields suggests a different story — one driven by factors that could be bullish for bitcoin, according to analysts. The U.S. data released Tuesday showed the … Read more
South Korea could soon follow Hong Kong in legalizing spot Bitcoin exchange-traded funds (ETFs), as the country’s top presidential candidates have expressed pro-crypto positions. Still, some industry observers remain cautious about the likelihood of near-term regulatory change. “All three major South Korean presidential candidates support #Bitcoin ETFs and institutional investment,” Ki Young Ju, the founder … Read more