With $252M pouring into Bitcoin ETFs, the price skyrockets to $64K, driven by Fed rate cut expectations.
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Category: Cryptocurrencies
New Zealand Mulls Adoption of OECD Crypto Reporting Standards
New Zealand’s revenue minister on Monday proposed implementing the OECD’s framework for automatically exchanging crypto-asset financial information to the Legislature.
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Spot Bitcoin ETFs Record 8th Consecutive Day of Inflows, Totaling $202M
Spot Bitcoin exchange-traded funds (ETFs) in the United States have registered their eighth consecutive day of positive net inflows.
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Russia to Test Crypto For Cross-Border Transactions to Counter Sanctions: Bloomberg
Russia is preparing to launch trials for cryptocurrency exchanges and digital tokens for cross-border transactions to counter international sanctions.
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Bitcoin Millionaires Soared by 111% to 85,400 in 2024, Thanks to Crypto ETFs: Report
A surge is also observed in crypto centi-millionaires, that hold assets of $100 million and more.
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Celsius Creditors Recover $2.53 Billion in Cash and Crypto Distribution
Celsius has distributed more than $2.53b to about 251,000 creditors, the bankruptcy administrator said in its first status report on the disbursements.
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Can XRP Legal Wins Push Price to $1? Analysts Predict It Might Be Possible
XRP has dipped by 1.5% in the past 24 hours, slipping to $0.5886 as the crypto market loses 3% today.
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Scammers Increasingly Use Crypto ATMs and Kiosks in Their Schemes
Scammers are increasingly incorporating cryptocurrency ATMs and kiosks into their fraudulent schemes.
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Stablecoin Market Cap Hits Record High of $168 Billion After 11 Months of Growth
The stablecoin market has seen its total capitalization soar to a record $168 billion after 11 months of consistent growth.
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Can Bitcoin Break 65k Today? Fed Pivot and ETF Activity Suggest So
With the Fed hinting at rate cuts and a surge in ETF inflows, Bitcoin is primed to challenge the crucial $65K resistance today.
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