Bitcoin prices could top out at the $112,000 level if current buying pressure from ETFs continues. The “worse case” scenario is at least $55,000, which is still a nearly 15% rise from current levels. Bitcoin prices could touch $112,000 this year if the current trend of inflows related to spot exchange-traded funds (ETFs) continues, on-chain […]
Bitcoin surged over 13% last week to register its best performance since October. The AI-led surge in the S&P 500 is supportive of the bullish momentum in the crypto market. Bulls seem to be dominating Read More
Stablecoins are only as stable as their issuer’s balance sheet, New Zealand’s central banker said during a hearing. Fiat currency is the best kind of money because it is backed by the government, Read More
Fintech company Block Earner engaged in unlicensed services by offering its crypto-backed Earner product, ruled an Australian Federal Court. The court though, handed Block Earner a part victory against Australia’s markets regulator by adjudicating Read More
The waitlist for new Ethereum validators is now the longest since early October. The renewed interest in staking is noteworthy as the yield on staked ether remains below 4%. The Ethereum network is witnessing a spike Read More
Bitcoin could see a steady price increase after its halving event on lower selling pressure and new interest in native Bitcoin-based applications. Ordinals have revitalized Bitcoin on-chain activity and bolstered fundamentals while buying demand from Read More
The Philippines is likely to issue a wholesale central bank digital currency within two years, the Inquirer reported. The country does not plan on issuing a retail CBDC on concerns this is more likely to Read More
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day. Despite bitcoin (BTC) starting the week Read More
Solana is committing to building its second smartphone after reaching 100,000 preorders ($45 million in sales) in just over a month. The second phone, much like the first, will have custom features designed to integrate buying, selling, Read More
Digital Currency Group (DCG) in a letter to investors Monday morning reported results for the fourth quarter and fiscal 2023. Full text follows. Dear Shareholders, We are pleased to share our Q4 2023 Investor Report, which includes Read More
