The Weekly Crypto Recap: New Bitcoin ATH of $67K As ETFs Live
To say that last week was exciting would be a serious understatement. Bitcoin went on to chart a brand new all-time high at around $67K, we saw the approval of…
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Sotheby’s Dives Deeper into Crypto by Investing $20M in The NFT Studio Mojito
The leading marketplace for art and luxury – Sotheby’s – joined a $20 million seed round investment intended for the NFT tech firm Mojito. The New York-based Future Perfect Ventures,…
BinanceUS Blamed the 87% Bitcoin Flash Crash on Algorithm Bug
The US branch of the leading cryptocurrency exchange explained that yesterday’s severe flash crash that saw BTC’s price dumping from $65,000 to $8,700 in mere seconds was because of a…
Walmart Installs 200 Bitcoin ATMs in Its US Stores: Report
The American multinational retail corporation – Walmart – will reportedly allow its customers to purchase bitcoin using ATMs installed in some of its US shops. The initiative became possible following…
Bitcoin Corrects Below April’s Previous ATH, Solana Spikes Above $200 After 35% Weekly (Market Watch)
The volatile roller-coaster returned to the crypto markets again after bitcoin’s ATH, and the asset dropped by more than $5,000 a day later. While most altcoins have stalled on a…
First US Bitcoin ETF Approaches Futures Contract Limit Days After Launch
The ProShares Bitcoin Strategy ETF (ticker BITO) is proving more popular than it can handle. The fund is already nearing its limit on the number of futures contracts that the…
Solana Reaches Record High in TVL on DeFi Protocols While SOL Price Soars
Solana – the fast-rising public blockchain platform – has reached an all-time high in TVL on its Defi protocols. This comes amidst a booming cryptocurrency market in which altcoins are…
Houston Firefighter’s Pension Fund Bought $25M Worth of Bitcoin and Ethereum
The Houston Firefighters Relief and Retirement Fund (HFRRF) has hopped on the cryptocurrency bandwagon by making a $25 million investment in BTC and ETH. The allocation became possible through a…
Mt. Gox Creditors Could Receive Billions in BTC as Latest Rehabilitation Plan Gets Approval
The trustee responsible for handling the Mt. Gox hack and the victims’ claims has updated that the rehabilitation plan was approved by the majority of creditors. Consequently, the creditors could…
I Feel Underinvested in Bitcoin: PayPal Co-Founder Peter Thiel Says
The German-American billionaire entrepreneur – Peter Thiel – praised bitcoin’s recent surge to an all-time high price. According to him, this rise shows that the major financial institutions are struggling…
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