The U.S. economy added a higher-than-expected 177,000 jobs in April, sparking a rally in traditional markets as bitcoin climbed closer to $98K. Strong Employment Figures Push Bitcoin Toward $98K Threshold The U.S. Department of Labor surprised bearish economists when it published its highly anticipated jobs report on Friday, showing a stronger-than-expected 177,000 jobs added to … Read more
After Circle rejected Ripple’s $5 billion buyout offer, rumors are circulating that Ripple made another attempt. Despite the claim that it tried to offer Circle $20 billion, there is no tangible proof supporting this claim. Commentators pointed out that Circle’s IPO was previously valued at around $5 billion, making a $20 billion offer seem totally … Read more
The cryptocurrency market continued its recovery in the past week as the total crypto market capitalization breached the $3 trillion mark for the first time since the beginning of March. Bitcoin (BTC) rose to an over two-month high of $97,300 last seen at the end of February, before the “Liberation Day” tariffs announcement in the … Read more
Key points: Bitcoin trends toward $100,000. Will bears sell at this level? Altcoins are trading above their respective support levels, suggesting that an altcoin rally is brewing. Bitcoin’s (BTC) tight consolidation resolved in favor of the bulls with a break above the $95,000 barrier on May 1. The bulls are trying to push the price … Read more
On-chain metrics showed a 25.27% jump in the daily active addresses, indicating growing interest. Traders were over-leveraged at $78.90 on the lower side and $87.10 on the upper side. On the 2nd of May, as most cryptocurrencies struggled to gain momentum, Quant [QNT] stole the spotlight by leading the market. Not only has QNT outperformed … Read more
Digital assets edged higher Friday in step with U.S. equities, buoyed by hints that Washington and Beijing are dialing back their trade spat. The sector’s total capitalization has touched $3.03 trillion, and bitcoin is fetching $97,938 per coin. Fed in Trump’s Crosshairs Again—Markets Surge on Job Data and Trade Hopes Wall Street is on a … Read more
According to a new SEC filing today, Brown University, a private university based in Providence, Rhode Island, revealed a large position in BlackRock’ spot Bitcoin ETF, IBIT, as first reported by market analyst MacroScope. The position showed Brown held $4,915,050 in IBIT as of March 31, 2025, which sees the school become the third U.S. … Read more
Huione Group laundered over $4B tied to crypto scams and North Korean cyber operations. FinCEN proposed banning Huione from U.S. banks under Section 311 of the Patriot Act. Huione launched a stablecoin to bypass enforcement and aid transnational laundering. The United States Treasury’s Financial Crimes Enforcement Network (FinCEN) has proposed a rule that would bar … Read more
Bitcoin surged past $96,000, fueled by mounting anticipation surrounding the Federal Reserve’s upcoming meeting. Critical U.S. economic indicators were unveiled just hours before the meeting, forecasting their significant impact on the Fed’s policy direction. As markets brace for these developments, investors eagerly scrutinize the data to decipher future monetary policy signals. What Insights Did the … Read more
The Financial Conduct Authority (FCA), Britain’s financial watchdog, has decided to step in and stop financial institutions from giving credit to facilitate the purchase of cryptocurrency assets. The decision is part of a larger set of rules the institution aims to include to streamline crypto regulation. “Crypto is an area of potential growth for the … Read more