London UK-based Barclays Bank, one of the world’s largest financial institutions with more than $1.5 trillion in assets, purchased $131 million worth of Blackrock’s Ishares spot bitcoin exchange-traded fund (ETF) in 2024. The details were revealed in a routine regulatory filing submitted on Thursday to the SEC. The move marks a sharp shift in the […] Original
Este artículo también está disponible en español. A week after its last attempt to reclaim the $100,000 barrier, Bitcoin (BTC) continues moving within its local range. Following its recent performance, some analysts consider that BTC could be near a breakout and a massive rally toward a new high. Related Reading Bitcoin Ready For A Breakout Or a Breakdown? Amid the market volatility, Bitcoin has found price stability, staying within the mid-zone of its post-election breakout level. During the recent 12% correction, BTC saw its price retest the range lows as…
Citi and State Street, two of the largest U.S. banks, plan to launch custodial services for cryptocurrencies and digital assets. The U.S. institutional crypto wave has gained momentum following President Donald Trump’s return to Washington as the first pro-crypto American president. His administration’s push for clearer regulations has fueled bullish sentiment on Wall Street. Citibank and State Street have separately announced plans to enter the cryptocurrency custody space as more financial firms outline digital asset strategies. Citi unveiled its CIDAP digital asset platform, which offers crypto-safeguarding technology for clients. The…
After dropping below $100,000 earlier this month, Bitcoin has faced sluggish price movement with little upward momentum. Over the past week, the asset has just ranged below this six-digit mark with its price now hovering above $96,000 as of today. This sideways movement reflects a lack of significant momentum and has left many traders questioning what might spark the next major move. Late Longs Liquidated: The Impact Despite the lack of a breakthrough, Bitcoin’s price behavior continues to attract the attention of market analysts. One such expert is Amr Taha,…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Toncoin’s price drops 30% amid CEO’s arrest, and its new Layer-2 system may be too late as investors turn to Rollblock. The Toncoin price has come in for a lot of flak since Telegram’s CEO Pavel Durov was arrested last year in Paris. But Toncoin has not been passive. They are now introducing a Layer-2 payment system to scale the Toncoin network to work better with Bitcoin and other…
On-chain data shows the Toncoin investors are holding a significant amount of unrealized profit even after the recent bearish action in the asset’s price. Toncoin Is Still Trading A Notable Distance Above Its Realized Price In a new post on X, the on-chain analytics firm Glassnode has discussed about the latest trend in a few indicators related to Toncoin. The first metric of relevance is the “Realized Price,” which tells us, in short, the cost basis of the average investor on the TON network. When the spot price of the…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin’s halving looms, Dogecoin’s volatile price sparks concern while RCO Finance gains investor interest. The crypto market has long been defined by its volatility, and as the king of meme coins, Dogecoin (DOGE) epitomizes this characteristic. Dogecoin price movements are driven by speculative hype and are not immune to broader market trends, specifically, the ripple effects of Bitcoin’s halving events. Standing on the precipice of another Bitcoin halving…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…
The hopes for a lightning-speed establishment of the Strategic Bitcoin reserve were high. However, it is the stablecoins regulation that becomes a dominant narrative in the high-profile crypto discussions. While the government is working on the legal framework, not everyone in the crypto community understands well how they can capitalize off stablecoins. The U.S. is not going to develop a local CBDC, but the officials are already working on the regulation of the stablecoins pegged to the American dollar. On Feb. 6, 2025, Financial Services Committee Chairman French Hill and…
El Salvador’s Bitcoin Law changes create a complex situation where bitcoin is both legal tender and not, as Samson Mow’s analysis highlights the deeper implications. Bitcoin No Longer ‘Currency’ in El Salvador—Here’s What That Actually Means Changes to El Salvador’s Bitcoin Law have ignited discussions about whether bitcoin retains its status as legal tender. Samson […] Original