Europe’s Time Is Now (for Stablecoins)
Trump has come into office with a wrecking ball – and his acts of unpredictability, both domestically and abroad, have only hampered the dollar’s status as the choice reserve currency.…
AVAX Breaks Out of Consolidation Phase
Avalanche’s token AVAX recently broke out of a consolidation phase, establishing strong support levels, according to CoinDesk Research’s technical analysis model. The token is up 0.8% in the last 24…
Short COIN/Long BTC Trade Will Be a Winner as Soaring Coinbase Nears Overvaluation: 10x Research
Shares in Nasdaq-listed cryptocurrency exchange Coinbase (COIN) are fast approaching an overvaluation threshold, 10x Research, headed by Markus Thielen, said Friday. Thielen is recommending a pair trade that comprises a…
Bitcoin Miner Revenue Drops to 2-Month Low, but Selling Pressure Remains Absent: CryptoQuant
Bitcoin BTC miner revenues have slid to their lowest levels in two months, but there’s still no sign of forced selling, even as profitability falls.Daily mining revenue dropped to $34…
Bitcoin Faces Weakest Monthly Growth Since July as Whales Counteract ETF Inflows
Bitcoin BTC is on track to record its weakest monthly performance in a year amid a puzzling mix of consistent spot ETF inflows and signs of on-chain selling by whales…
Bitcoin Treasury Corporation Acquires 292 BTC, Prepares for Toronto Trading Debut
Bitcoin Treasury Corp. (BTCT), a provider of institutional lending and liquidity services, said it bought 292.80 bitcoin BTC for C$43 million ($31.6 million), launching an accumulation strategy aimed at building…
Circle Mania Grips South Korea as Retail Investors Pile Into Stablecoin Play
New York-listed Circle (CRCL) has become the breakout stock of June in Seoul.South Korean retail traders have poured nearly $450 million into shares of Circle Internet Group, per Bloomberg. The…
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