Auto Added by WPeMatico

Market Mayhem: Bitcoin Crashes Below $59K, $223M in Liquidations as South Korea’s Premium Spikes

The price of bitcoin (BTC) fell below the $59,000 threshold on Sunday, hitting a low of $58,080 per unit. Over the past 24 hours, bitcoin’s value has decreased by 3.5%…

Continue ReadingMarket Mayhem: Bitcoin Crashes Below $59K, $223M in Liquidations as South Korea’s Premium Spikes

Morgan Stanley’s 15,000 Financial Advisors Can Start Pitching Bitcoin ETFs to Clients Next Week: Report

Morgan Stanley is set to offer spot bitcoin exchange-traded funds (ETFs) to select clients through its 15,000 financial advisors starting next week. This marks a significant first for a major…

Continue ReadingMorgan Stanley’s 15,000 Financial Advisors Can Start Pitching Bitcoin ETFs to Clients Next Week: Report

US Senators Flooded With 2,200 Letters Advocating Bitcoin as Strategic Reserve

U.S. senators received over 2,200 letters within 48 hours advocating for Senator Cynthia Lummis’ bill to make bitcoin a strategic reserve. The bill proposes the U.S. government acquire a significant…

Continue ReadingUS Senators Flooded With 2,200 Letters Advocating Bitcoin as Strategic Reserve

Bitcoin and Crypto to Gain as Falling Rates Expand Global Liquidity, Says 21shares VP

The head of strategy at crypto investment firm 21shares has explained that the broad-based bitcoin selloff following the Federal Reserve’s decision to keep interest rates unchanged was partly due to…

Continue ReadingBitcoin and Crypto to Gain as Falling Rates Expand Global Liquidity, Says 21shares VP

Microstrategy Boosts Bitcoin Holdings to 226,500 BTC With Q2 Acquisitions

Nasdaq-listed Microstrategy acquired 12,222 bitcoins in the second quarter, bringing its total holdings to 226,500 BTC. CEO Phong Le and CFO Andrew Kang expressed optimism about future bitcoin support and…

Continue ReadingMicrostrategy Boosts Bitcoin Holdings to 226,500 BTC With Q2 Acquisitions

Ditobanx and ICP Hub Mexico Launch Initiative Promoting Cryptocurrency Use at Universities

Ditobanx and ICP Hub Mexico recently partnered to launch an initiative promoting the use of cryptocurrencies at Mexican universities. As part of this program, over 4,000 students received $5.42 (100…

Continue ReadingDitobanx and ICP Hub Mexico Launch Initiative Promoting Cryptocurrency Use at Universities

Hong Kong’s Largest Online Broker Launches Retail Crypto Trading for 22 Million Users

Futu Securities International, Hong Kong’s largest online broker with 21.64 million users, has launched retail cryptocurrency trading. Hong Kong residents can now trade bitcoin and ether in either Hong Kong…

Continue ReadingHong Kong’s Largest Online Broker Launches Retail Crypto Trading for 22 Million Users

Robert Kiyosaki Urges Investors to Save Bitcoin as Smart Money, Highlighting Trump’s BTC Endorsement

Rich Dad Poor Dad author Robert Kiyosaki has urged investors to save bitcoin instead of fiat currencies, which he calls “fake money.” He criticized the historical decision to take the…

Continue ReadingRobert Kiyosaki Urges Investors to Save Bitcoin as Smart Money, Highlighting Trump’s BTC Endorsement

Bitwise CIO Predicts Major Bitcoin Upside — Says ‘We’re Not Bullish Enough’

Bitwise’s chief investment officer has expressed that the industry is not bullish enough about bitcoin, given the current market dynamics. He pointed to increasing political support, including Donald Trump’s proposal…

Continue ReadingBitwise CIO Predicts Major Bitcoin Upside — Says ‘We’re Not Bullish Enough’

US Senator Officially Introduces BITCOIN Act to Establish Strategic BTC Reserve

U.S. Senator Cynthia Lummis has officially introduced the BITCOIN Act in the Senate, aiming to establish a strategic bitcoin reserve as an additional store of value to strengthen America’s balance…

Continue ReadingUS Senator Officially Introduces BITCOIN Act to Establish Strategic BTC Reserve