Bitcoin price keeps falling under $60K — Here is why
Many analysts say a drop in spot Bitcoin ETF demand is the primary reason for BTC’s price weakness, but there’s more to it than that. Go to Source
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Bitcoin trading volume recorded post-halving ATH as crypto market bled
Bitcoin trading volumes reached unprecedented levels amid market turmoil, while crypto hackers capitalized on discounted Ether. Go to Source
United States government holds $12B in Bitcoin — Arkham Intelligence
Pro-crypto Senator Cynthia Lummis recently announced legislation establishing a strategic Bitcoin reserve for the United States. Go to Source
RFK Jr: Only Bitcoin can guarantee US dollar’s reserve currency status
Presidential candidate Robert F. Kennedy Jr. heard about Bitcoin from his kids. Now, he believes it should be part of the bedrock of America’s monetary system. Go to Source
Bitcoin price tied to US dollar performance, not politics, custodian says
Market expectations of a weakening US dollar may be behind Bitcoin’s recent surge, overshadowing election speculation. Go to Source
Asymmetry, Ampleforth launch afUSD to rival Ethena’s synthetic dollar
Asymmetry Finance’s afUSD synthetic dollar is based on Ampleforth’s supply adjustment mechanism, which stabilizes prices through elastic supply. Go to Source
Belarusian President Claims Decline in US Dollar and Euro Use Globally
Belarusian President Alexander Lukashenko stated that many nations are reconsidering their use of the U.S. dollar and euro due to recent global financial tensions. Speaking in Minsk, Lukashenko highlighted that this shift is not limited to Belarus and Russia, but is observed worldwide. He attributed the declining relevance of these currencies to the controversy surrounding … Read more
Japanese Yen Tumbles to 34-Year Low Against Soaring US Dollar
This week, the Japanese yen plummeted to its lowest point since 1990 against the U.S. dollar, weighed down by Japan’s monetary policy and uncertain economic indicators from the United States. Japanese Yen’s Rapid Decline Triggers Talk of Market Intervention The yen’s sharp drop to 158.283 per dollar signals a substantial downturn for the currency. This … Read more
Crypto payments: PayPal’s stablecoin ripple effect on markets
Earlier this year, PayPal released its own stablecoin. What effect has it had on crypto adoption? Go to Source
Binance will end support for BUSD stablecoin in December
Many users’ Binance USD balances will automatically be converted into First Digital USD starting on Dec. 31. Go to Source
