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Bitcoin Risks Pullback To $105,000 After Facing Rejection Above $110,000

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin has faced a lot of resistance above $110,000, suggesting the bears are trying to keep the digital asset from reclaiming its all-time high levels. This has been obvious with multiple rejections above $110,000 over the…

Jack Ma’s Ant Group Seeks Stablecoin License in Hong Kong, Singapore

Ant International reportedly plans to apply for stablecoin issuer licenses in Singapore and Hong Kong, signaling growing institutional cryptocurrency adoption among fintech firms. Ant International, a Singapore-based unit of the Jack Ma-backed Ant Group, is preparing to submit a license application in Hong Kong after the city’s stablecoin regulatory framework takes effect in August, according to a Bloomberg report citing unidentified sources. The company is expected to pursue similar licensing efforts in Singapore and Luxembourg. Ant Group is an affiliate of the Chinese conglomerate Alibaba Group, which owns and operates…

Global Stablecoin Grab: U.S. Bancorp vs Ant Group

Key Notes Ant Group plans to apply for stablecoin licenses in Hong Kong and Singapore. U.S.Bancorp is weighing the launch of a stablecoin amid a pro-crypto policy shift. A Coinbase report suggests that corporate interest in stablecoins has tripled. The global race to dominate the stablecoin space is heating up, with Ant Group’s international unit preparing to apply for stablecoin licenses in Hong Kong and Singapore. As per a recent report by Bloomberg, Ant International, the Singapore-based arm of Ant Group, plans to apply for a stablecoin issuer’s license in…

Mercurity Fintech Plans $800M Bitcoin Treasury, Eyes Russell 2000 Inclusion

Mercurity Fintech Holding (MFH) is raising $800 million to establish a bitcoin treasury, the company announced in a press release. The New York-based fintech group said the funds will support a multi-pronged strategy: acquiring bitcoin, storing it in blockchain-native custodial infrastructure, and integrating it into a system that includes tokenized treasury tools and staking services. That means Mercurity isn’t just betting on a BTC treasury, but it’s trying to move into a “yield-generating, blockchain-aligned reserve structure.” “Bitcoin will become an essential component of the future financial infrastructure,” CEO Shi Qiu…

❌ Oui le Bitcoin baisse, mais les vrais savent ce que ça veut dire

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Oui le Bitcoin baisse, mais les vrais savent ce que ça veut dire Le Bitcoin a corrigé ces derniers jours, mais rien d’anormal : il est revenu dans une zone pleine de liquidités, absorbées pendant la conférence de Las Vegas. La demande reste énorme, avec 1,8 milliard $ injectés par jour, comme en 2021. À court terme, les investisseurs prennent leurs profits : logique après une telle montée. Côté ETFs, on note des retraits, mais le marché reste sain. Pas encore de…

Hedge Funds Embrace Weekend Crypto Trading as 24/7 Markets Expand

The always-on crypto market is reshaping global finance, pushing hedge funds and trading firms to look beyond traditional hours and staff desks through the weekend. Qube Research & Technologies, a global quantitative investment management firm headquartered in London, is hiring for a “Crypto | Quant Trader (Weekend Shift)” role in London, which requires weekend availability in addition to a four-day workweek. The role, which includes overseeing continuous crypto trading, monitoring strategy performance and risks and implementing signals and data sets, requires working every other weekend and a normal day shift…

GameStop Drops 11% Despite $1.75B Bitcoin Bet

Key Notes Despite the revenue shortfall, GameStop reported a net income of $44.8 million, rebounding from a $32.3 million net loss a year ago. GameStop announced plans to raise $1.75 billion for additional Bitcoin purchases through convertible notes maturing in 2032.The company also plans to use the proceeds for general corporate purposes and potential acquisitions. Once Wall Street’s favourite, GameStop Corp (NYSE: GME) is witnessing massive selling pressure this week, despite doubling down on its Bitcoin buying plans. GME stock price tanked 5.27% on trading hours on June 11, and…

BITCOIN Hits $107,000, Crowd Sentiment Insight Like A True Rally, Altcoin Market’s Turn After ABC

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Blockchain Backer Newsletter – Blockchain Backer’s Technical Analysis Toolkit for Crypto – Blockchain Backer 702 Digital Art NFT Collection on XRP – Hi, I am the Blockchain Backer, bringing you the latest cryptocurrency news and analysis. The content of my channel primarily focuses on crypto news, motivation, and chart analysis on the XRP chart, Bitcoin chart, various Altcoin charts, and market cap charts. DISCLAIMER: I am not a financial adviser. Investing and trading is risky, and you can lose your money. The…

Why “there’s not going to be enough Bitcoin” according to Bitwise CEO

The parabolic run of Bitcoin in recent years has ignited debates about demand, supply, and where the broader crypto market is headed next. While many investors are focused on higher price milestones beyond $110K, Bitwise CEO Hunter Horsley believes a major real shift is on the horizon. According to Horsley, once Bitcoin (BTC) crosses the $130,000 to $150,000 price levels, long-time holders will likely stop selling. He emphasized that many of these individuals and institutions accumulated Bitcoin years ago at much lower prices, and the recent price upticks have translated…