The price of Bitcoin has managed to stay afloat over the past few days despite the growing conflict in the Middle East and the ensuing bearish pressure. The premier cryptocurrency…
Adobe (ADBE) shares slid at the end of this past week, as investors in the stock worried about the returns from the company’s AI adoption. While the company raised its…
Brazil has scrapped a long-standing tax exemption on cryptocurrency gains, with a new provisional measure (MP 1303), imposing a 17.5% tax on all crypto profits for individuals.Previously, individuals selling up…
If you’ve spent any time in the world of cryptocurrencies, you’ve probably heard the word “capitulation” thrown around, often during moments of panic when prices are plummeting. But what does it…
A new turn toward Bitcoin investment sent GameStop
shares sliding on Thursday, as the company announced a $1.75 billion
convertible notes offering that could fund further purchases of the
cryptocurrency. Following StrategyThe move,…
Key takeaways:Bitcoin investor sentiment hits a 7-month high, with a bullish pennant forecasting a rally to $115,000.Today’s CPI print and the chance for a lower-than-expected PPI on June 12 could…
Key Points:Hong Kong’s move into crypto derivatives highlights policy shift for virtual assets.Focus on perpetual contracts for Bitcoin, Ethereum initially.Expected to enhance Hong Kong’s role as a digital asset hub.
According…
Plasma, a crypto startup developing a blockchain optimized for stablecoins, attracted $500 million in deposits for its token sale on Monday — 10 times more than originally planned.The fundraising cap…
Reason to trust
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U.K. financial regulator the Financial Conduct Authority (FCA) said it will allow consumers access to crypto exchange traded notes (cETNs), as the watchdog aims at growing digital assets in Britain.The…