Category: News

Bitcoin‘s (CRYPTO: BTC) volatile trading around the $100,000 mark has sparked heated debate about what it driving the increased volatility. What Happened: On Thursday, Bitcoin reached $103,000 before experiencing a sharp flash crash to $92,000, driven by aggressive profit-taking and cascading liquidations in an overheated derivatives market. According to...

In a post shared on Thursday via X, Lloyd Blankfein, the former Chief Executive Officer of Goldman Sachs, acknowledged a potential competitive dynamic between Bitcoin and the US dollar in the context of global reserve currencies. Blankfein, who previously held skeptical views on digital assets, acknowledged that BTC’s growth...

Fraud or just another influencer-led meme coin gone bad? That’s the painful question investors are facing in the aftermath of the HAWK meme coin two days ago. But did Haliey Welch and her team pull a classic rug pull, or was this simply the impact of FUD hitting a...

Leading cryptocurrency Bitcoin (CRYPTO: BTC) passed the $100,000 milestone on Wednesday, Dec. 4 and reached new all-time highs since Donald Trump won the 2024 presidential election. Benzinga readers predict the cryptocurrency will close out 2024 over the $100,000 level. What Happened: Bitcoin has had a wild year with the...

Financial analyst Keith Gill, known as Roaring Kitty on YouTube, made a comeback on social media after three months of silence. In response, GME, AMC, and ROAR tokens, all inspired by 2021 GameStop’s short squeeze, spiked by over 50% in 24 hours. Degens Celebrate Kitty’s Return With a Short...

Two of the world’s largest financial institutions, Citi and Société Générale, are making strides in blockchain technology and unveiling new initiatives that could reshape traditional banking processes. During a recent panel at Benzinga’s Future of Digital Assets event, Citi’s Ioana Niculcea and Société Générale’s Thomas Sullivan shared their companies’...

Investors and traders are engaging with Bitcoin following its remarkable price growth in the past few weeks, cementing its position as the leading digital asset in the crypto market. However, reports show that this robust optimism is spotted mainly among BTC’s short-term investors. Bullish Sentiment Shifts Toward Bitcoin’s Short-Term...

Former chairman of the New York Federal Reserve Bill Dudley on Friday voiced strong concerns over the United States potentially including Bitcoin (CRYPTO: BTC) in its national reserves, a proposal gaining momentum among crypto-friendly legislators. In an opinion piece, Dudley argues that such a move could harm the interests...

Dogecoin’s (CRYPTO: DOGE) price has decreased 4.07% over the past 24 hours to $0.43. This is contrary to the coins performance over the past week where it has experienced an up-trend of 1.0%, moving from $0.42 to its current price. The chart below compares the price movement and volatility...

The private credit market is witnessing a transformation as blockchain technology enables tokenization at an unprecedented pace. Provenance Blockchain Labs, led by CEO Anthony Moro, is driving this shift by facilitating the tokenization of home equity lines of credit (HELOCs). According to Moro, approximately 15% of HELOC transactions are...