Crypto markets tanked hard over the weekend as Bitcoin retreated back to support at $112,000 as trade tariff economic uncertainty returned, quashing risk appetite. Trump rolled out new “reciprocal” tariffs through an executive order, and a weak US jobs report caused markets to stumble late last week. Trade tensions are back in the spotlight as […]
Strategy, a publicly traded company, has announced the successful closing of its initial public offering (IPO) of 28 million shares of Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) at a public offering price of $90 per share. The offering generated gross proceeds of approximately $2.52 billion, making it the largest US IPO of […]
Crypto markets have started the new week in the green, and the momentum could continue as trade tensions ease. The big event for the week is the Federal Reserve meeting on July 30, when the latest interest rate decision will be made. Meanwhile, US President Trump has reached a deal with the European Union, which includes […]
The BlackRock iShares Ethereum Trust (ETHA) has hit $10.5 billion in assets under management following a torrent of inflows for the underlying asset. The fund reached $10 billion “in one year flat,” and is the third-fastest ETF to hit that mark in history, observed Bloomberg ETF expert Eric Balchunas on Thursday. “Amazingly, it went from […]
Binance Coin (BNB) prices topped $800, marking a new all-time high for the exchange-based asset in early trading on Wednesday in Asia. BNB has been on a tear lately, gaining more than 16% over the past week and almost 30% in the past month. The latest move has pushed its market capitalization to $111.5 billion, which […]
Ethereum led digital asset inflows last week as it recorded a staggering $2.12 billion. The figure was nearly double its previous record. This surge helped push total digital asset investment product inflows to an all-time weekly high of $4.39 billion, surpassing the prior record of $4.27 billion set after the US presidential election in December […]
Crypto markets are hovering around an all-time high of $4 trillion, with altcoins showing the most promise at the moment. Last week’s economic data confirmed that the US economy continues to show health and improvement, with a rebound in retail sales and a fall in jobless claims. Additionally, CPI and PPI reports showed that core […]
Bitcoin’s relatively dull price actions in the past few days continued during the weekend by standing at around $118,000. Several altcoins have performed significantly better since yesterday, with LTC jumping by 13% to over $115. BTC Calms at $118K The primary cryptocurrency started its impressive ascent in the previous business week when it finally broke […]
XRP has been trading all high and mighty over the past week, adding more than 32.5% to its price in the interim. It achieved a brand new all-time high and it appears that it’s riding on the momentum of becoming the 3rd-largest cryptocurrency by means of total market cap, at least at the time of […]
Bitcoin prices reached $122,500 on Coinbase on July 14, according to TradingView. The peak was a little lower on other exchanges that don’t have premiums; however, CoinGecko also reported it at $122,376. The asset has notched a 3.5% gain on the day in its latest push above the $120,000 milestone price level. BTC broke into […]