Securities and Exchange Commission chair Paul Atkins also bashed the previous administration under former SEC Chair Gary Gensler and its approach to crypto. The US securities regulator is working on an “innovation exemption” to stoke the creation of more onchain products and services, according to Securities and Exchange Commission chair Paul Atkins. Atkins, a former…
Category: forex
Bitcoin price rebounds to $108K as millionaire whale goes 20x long on BTC
Analysts say Bitcoin could break its all-time high within one to two weeks, following breakout patterns seen recently in gold and the S&P 500. A newly created whale wallet opened a $54.5M 20x long position on Bitcoin at $106,538. Bitcoin nears $108,000 as US-China trade talks and bullish equity forecasts lift market sentiment. Analysts expect…
Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today, in crypto, Arthur Hayes said the Bank of Japan’s June meeting could trigger a Bitcoin rally if it restarts quantitative easing, US crypto stocks and Bitcoin…
Bitcoin, US crypto stocks rise as more firms plan BTC buys
Crypto-tied US companies gained alongside Bitcoin on Monday, as public firms continued to scoop up the cryptocurrency. US crypto-linked stocks rose alongside Bitcoin to close the Monday trading day at a gain as more publicly traded firms added the asset to their treasuries. The country’s four biggest crypto miners and some of its major crypto…
Crypto platform Parataxis eyes public listing via SPAC merger
New York City-based Bitcoin investment company Parataxis Holdings is exploring a public listing via merging with SilverBox Corp IV, a special purpose acquisition company. Parataxis Holdings, a Bitcoin investment platform, is looking to go public through a merger with a $200 million special acquisition company. The New York Stock Exchange-listed SPAC SilverBox Corp IV entered…
Crypto trading firm warns of ‘classic bull trap’ as Bitcoin tags $82.7K
Bitcoin may punish bulls if China raises the stakes in the ongoing trade war with the US, warns QCP Capital, as markets await a response to tariff hikes. Bitcoin BTC $82,080 risks becoming part of a “classic bull trap” when the US-China trade war takes its next step, analysis warns. In its latest bulletin to…
Bitcoin ETFs See $772 Million Outflows Due to Tariffs
Rising outflows from the spot Bitcoin ETFs reflect investors’ worry that higher inflation could follow the recently implemented US tariffs on multiple countries. Bitcoin BTC $82,013 spot exchange-traded funds (ETFs) faced significant pressure amid uncertainty caused by the ongoing global trade war. Between March 28 and April 8, these ETFs experienced net outflows totaling $595…
Bitcoin traders’ sentiment shift points to next step in BTC halving cycle
Movement within the long-term and short-term Bitcoin holders cohorts suggests the market is shifting into a new phase of the BTC halving cycle. Bitcoin’s BTC $82,024 four-year cycle, anchored around its halving events, is widely recognized as a key factor in BTC’s year-over-year price growth. Within this larger framework, traders have come to expect distinct…
Cryptocurrency gaming performance mixed in Q1 as trades rise and investment slows
DappRadar says investment totals dropped for Web3 games in Q1, but the number of deals jumped quarter-over-quarter, with a focus on infrastructure-building projects. Blockchain gaming for the first quarter of 2025 has been a “mixed bag,” seeing a greater number of deals while the amount invested significantly dipped, says blockchain analytics platform DappRadar. Web3 gaming…
Crypto phishing scams drained $46M in September
Over $127 million was stolen in Q3 2024 due to phishing attacks, with September alone seeing losses of $46 million. Over $127 million worth of cryptocurrencies were stolen from investors in the third quarter of 2024, with approximately $46 million lost in September. According to Web3 security firm Scam Sniffer, around 10,800 victims were impacted…