Bitcoin climbed above $62,000 on Friday as large holders continued accumulating the cryptocurrency despite record outflows from US spot Bitcoin exchange-traded funds (ETFs), while investors also weighed weaker US economic data and the outlook for Federal Reserve policy.Bitcoin BTC rose to as high as $62,310,
Europe’s major stock markets ended higher on Friday, with the STOXX 600 and Germany’s DAX hitting record highs as investors rotated into cyclical sectors.Bitcoin climbed above $62,000 as large holders accumulated coins despite record ETF outflows.Tesla expanded its robotaxi service to Miami as competition in
The post Ethereum Price Poised For 200% Rally as ETF Inflows and Bullish Signal Align appeared first on Coinpedia Fintech News July has begun on a bullish note for Ethereum price as it has finally shown signs of a relief rally after weeks of heavy selling.
The post Public Companies Now Hold Over 1.26M Bitcoin appeared first on Coinpedia Fintech News Public companies continue to strengthen their Bitcoin positions, collectively holding more than 1.26 million BTC, or about 6.02% of Bitcoin’s maximum 21 million supply, according to BTC Treasuries. Strategy remains the
The post Strategy Is No Longer a One-Way Bitcoin Buyer – Bitwise CIO appeared first on Coinpedia Fintech News Bitwise Chief Investment Officer Matt Hougan said Strategy is no longer solely a one-way buyer of Bitcoin, citing the company’s new capital framework that allows it to
The Japanese yen jumped sharply on Thursday as traders braced for a potential intervention by the Bank of Japan (BoJ). The USD/JPY pair retreated to a low of 160.62 from the year-to-date high of 162.84. US published weak non-farm payrolls dataThe USD/JPY pair retreated after the
The Hang Seng Index retreated by over 10% in the first half of the year as some of the biggest Chinese technology companies lagged behind their global peers like the Nikkei 225 and Kospi, which jumped by 34% and 85%, respectively. Top Hang Seng Index stocks
Bitget, the world's largest Universal Exchange (UEX), has launched US stock options, giving users direct access to trade options on leading US-listed companies. This makes Bitget the only major crypto exchange currently offering US stock options alongside crypto and CFD markets covering gold, forex, commodities,
Fhenix has acquired Sunscreen, one of the earliest teams focused on fully homomorphic encryption (FHE) for Web3, as the company expands its privacy infrastructure for blockchain ecosystems. As part of the deal, Sunscreen founder Ravital Solomon has joined Fhenix to lead the company's research efforts.The
Strategy (MSTR) shares (previously known as Microstrategy) climbed 7% on Thursday, extending gains that began earlier this week. The gains came after the company unveiled a new financial framework centered on stock buybacks, strategic Bitcoin sales, and active capital management.The software company, which has transformed
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