Tag: “Crypto”

Bitcoin and other cryptocurrencies were in the green to start the week as a U.S.-European Union trade deal settled nerves around global economic uncertainty.

Bitcoin surpassed $120,000 for the first time on Monday, marking a milestone for the world’s largest cryptocurrency as investors bet on long-sought policy wins for the industry this week.

Bitcoin extended its rally on Friday, rising to new records overnight after bitcoin ETFs saw their biggest day of inflows of the year.

Europe’s securities regulator warned crypto companies on Friday not to mislead customers about the extent to which their products are regulated – the latest sign of European authorities trying to limit crypto-related risks.

Bitcoin climbed to an all-time high near $112,000 late on Wednesday, bolstered by an increased risk appetite and persistent institutional demand as traditional financial market players embraced the world’s largest cryptocurrency.

Bank of New York Mellon will be the primary custodian for the Ripple’s U.S. dollar-pegged stablecoin reserves going forward, the two companies said Wednesday.

Some of the biggest merchants are exploring how to issue or use stablecoins, potentially shifting the high volumes of cash and card transactions that they handle outside the traditional financial system and saving them billions of dollars in fees.

Circle Internet said on Tuesday it was targeting a valuation of up to $6.71 billion on a fully diluted basis in its New York initial public offering, as the stablecoin giant looks to tap into growing optimism around cryptocurrency.

Bitcoin continued its rally on Thursday, hitting a brand new record high above $111,000.

BBVA’s customers in Spain will soon be able to buy, sell, and manage bitcoin and ether transactions through the bank’s app, after the lender received the green light from the Spanish Securities and Exchange Commission (CNMV).

U.S. President Donald Trump has signed an executive order to establish a strategic reserve of cryptocurrencies by using tokens already owned by the government, disappointing some in the market who had hoped for a firm plan to buy new tokens.

Cryptocurrencies rallied on Sunday after President Donald Trump announced the creation of a strategic crypto reserve for the United States that will include bitcoin and ether, as well as XRP,Solana’s SOL token and Cardano’s ADA.
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A rout in Bitcoin deepened on Friday as investors rushed to safe assets in the wake of US President Donald Trump’s latest tariff threats, marking a dramatic reality check for one of the most popular Trump trades.

Coinbase announced Friday that the Securities and Exchange Commission has agreed to drop its enforcement case against the company, pending the approval of the regulator’s commissioners.

The Czech National Bank will consider holding billions of dollars worth of bitcoin in its reserves, Governor Ales Michl said on Wednesday, potentially the first shift into the cryptocurrency by a western central bank if it went ahead.

Bitcoin and other cryptocurrencies sank on Tuesday, as bullish investor sentiment surrounding cryptocurrencies cooled after President Donald Trump’s inauguration.

Bitcoin hit a new all-time high overnight after the incoming first couple launched a pair of meme coins and as traders await the inauguration of incoming President Donald Trump.

Bitcoin traded at around $92,808.07 at 6:57 a.m. ET on Friday, down around 9% from 24 hours before where it was priced above $102,000, according to Coin Metrics.

Bitcoin hit a record high above $106,000 on Monday after President-elect Donald Trump suggested he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil reserve, stoking the enthusiasm of crypto bulls.

Bitcoin catapulted above $100,000 for the first time on Thursday, a milestone hailed even by sceptics as a coming-of-age for digital assets as investors bet on a friendly U.S. administration to cement the place of cryptocurrencies in financial markets.