Ethereum hits 3-week high vs. Bitcoin amid Fed-led market rout
Ether could continue dropping against the U.S. dollar in a high interest-rate environment.
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‘Someone is blowing up’ — Bitcoin sees 2022 volume record amid hopes capitulation is over
Does Bitcoin have further to fall? BTC calms after stocks see a situation which has happened only twice this century.
Sen Elizabeth Warren Concerned About Fidelity’s Bitcoin-401K Plan
Senator Elizabeth Warren, along with fellow Democrat Senator Tina Smith, has questioned Fidelity’s plan to allow investors to put bitcoin into their 401(k) retirement savings accounts, following similar concerns raised…
Crypto Exchange Binance Approved by French Regulator as a Fully Regulated Digital Asset Service Provider
Cryptocurrency exchange Binance has received regulatory approval from the French financial regulator to operate as a registered digital asset service provider. “Binance will significantly scale our operations in France to…
Luna Foundation Guard Purchased Another $1.5 Billion Worth of Bitcoin
Singapore-based Luna Foundation Guard (LFG) made yet another bitcoin purchase of $1.5 billion in Bitcoin for its UST stablecoin reserve. According to CNBC on Thursday (May 5, 2022), LFG raised…
Bitcoin Miners Reach the Halfway Point to the Next Block Reward Halving
On May 5, 2022, at block height 735,000, the bitcoin mining pool Poolin mined the 105,000th block reward since the last halving. The mined block also represents the halfway point…
Elon Musk Secures Funding From Crypto-Friendly Binance, Sequoia, Fidelity to Buy Twitter
Tesla and Spacex CEO Elon Musk has secured $7.139 billion in new financing commitments to fund his acquisition of Twitter, including from several pro-crypto companies. Cryptocurrency exchange Binance, for example,…
Gucci to Accept Crypto Payments in Retail Stores
High-end fashion house Gucci will begin accepting cryptocurrencies at some of its stores this month, including bitcoin, ether, dogecoin, and shiba inu. The company plans for all of its directly…
Luna Foundation Acquires $1.4 Billion in Bitcoin, Decentralized Reserve Stash Rises to 80,394 BTC
According to a report published on Thursday, the Luna Foundation Guard (LFG) explained that it acquired 37,863 bitcoin worth more than $1.4 billion through two over-the-counter deals. The LFG now…
Bitcoin price hits 10-week lows as $40K spike becomes ‘nasty bull trap’
A full reversal and then some for BTC means that bulls are coming to terms with months of ground given up.
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