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Nomura and GMO Collaborate on Japanese Stablecoin Issuance

Nomura Holdings, a leading global financial services group, has partnered with Laser Digital, its subsidiary focused on digital asset solutions, and GMO Internet Group, a prominent Japanese technology company renowned…

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Bitcoin Technical Analysis: BTC’s Uptrend Held Back by Strong Resistance at $70K

As of May 27, 2024, bitcoin is trading at $68,457 with a market capitalization of $1.34 trillion. The leading crypto asset has experienced an intraday price range of $68,308 to…

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Bitcoin (BTC) Price Consolidation, Ethereum (ETH) Predictions After ETF Approvals, and More: Bits Recap May 27

TL;DR BTC experienced volatility last week but calmed and currently sits around $68,500, with some analysts forecasting new ATHs. Despite a brief drop, ETH has rebounded and is trading above…

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Latam Insights: Venezuela Seizes Over 11,000 Bitcoin Miners, Paraguay Cracks Down on Illegal Bitcoin Mining

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuela seizes over 11,000 bitcoin miners to save…

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Deadline Looms for Biden to Veto Congressional Overturn of SEC’s Crypto Rules

The deadline for President Joe Biden to decide whether to veto or sign a resolution overturning the U.S. Securities and Exchange Commission (SEC)’s controversial crypto rules is approaching. The resolution…

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Hedge Funds Adopt Net Short Positions on BTC and ETH Futures, Kaiko Analysis Reveals

In a recent analysis by Kaiko, it has been found that hedge funds are currently holding net short positions on bitcoin (BTC) and ether (ETH) futures. This strategic move reflects…

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Donald Trump Pledges to Stop Biden’s Anti-Crypto Agenda, Protect Bitcoin, Free Ross Ulbricht

Presidential candidate and 45th U.S. President Donald Trump has declared support for the crypto sector. “I will also stop Joe Biden’s crusade to crush crypto,” he promised. “I will support…

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Stadium, Islands, Private Jets: What Can 10,000 BTC Get You 14 Years After Bitcoin Pizza Day?

Fourteen years ago, 10,000 bitcoins (BTC) could get you only two pizza boxes; however, the story is entirely different today. In commemoration of the Bitcoin Pizza Day celebrated on May…

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Expert Says Peer-to-Peer Nature of Crypto Activity Renders China’s Ban Ineffective

Continuing raids in China on alleged underground gangs using cryptocurrency to facilitate foreign exchange transactions underscore the ineffectiveness of the Asian nation’s 2021 ban on crypto trading. Chengyi Ong, head…

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