Utah’s Bitcoin Strategic Reserve Race Over? Senate Passes Bill, But Makes Key Amendment
Utah’s State Senate has exited the Strategic Bitcoin Reserve (SBR) race after amending the proposed bill allowing the state treasury to invest in digital assets. The amended legislation is now headed to Utah Governor Spencer Cox’s desk to be signed into law. Utah Passes Bitcoin Bill Without Key Clause...
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Bitcoin, Ethereum, Dogecoin Sink Deeper As Recession Worries Overshadow Crypto Market: Arthur Hayes Has This Advice For Risk-Averse Traders
Leading cryptocurrencies extended losses Monday, mirroring the stock rout, as investors get jittery over recession concerns. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m. ET) Bitcoin (CRYPTO: BTC) -4.54% $76,982.36 Ethereum (CRYPTO: ETH) -9.88% $1,821.41 Dogecoin (CRYPTO: DOGE) -11.00% $0.1478 What Happened: Bitcoin sank below $77,000 to hit a...
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Mt. Gox moves 11,501 Bitcoin to unmasked wallet after price drops below $77,000
The transfer of Bitcoin by Mt. Gox could influence market volatility and investor sentiment amid ongoing price fluctuations and regulatory concerns. The post Mt. Gox moves 11,501 Bitcoin to unmasked wallet after price drops below $77,000 appeared first on Crypto Briefing....
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Shiba Inu Price Crash: Whales Drive SHIB Dump, Will Selling Continue?
Shiba Inu is reeling from a sharp price crash, with on-chain data pointing to massive selling by large holders (whales) as the culprit. Over the past week, SHIB’s market value has dropped significantly alongside the rest of the industry, erasing recent gains and testing key support levels. The exodus...
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Is Bitcoin Immune to Stock Market Volatility? Expert Weighs In
Bitcoin, the number one cryptocurrency by market capitalization, is facing market turbulence, but prominent trader CrediBULL Crypto remains unfazed. He argues that BTC’s correlation with traditional stocks is overstated, and maintains that the asset’s long-term trajectory remains intact. Bitcoin’s Correlation With Stocks: Overblown Fears? The recent dip in the...
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Crypto Outflows Continue as US Investors Pull Back: $876M in One Week
CoinShares, a prominent European digital asset manager, earlier today released its latest report on cryptocurrency investment flows. The findings revealed that digital asset investment products experienced their fourth consecutive week of outflows, totaling $876 million. Despite the slowdown in outflows compared to previous weeks, CoinShares’ Head of Research, James...
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Bitcoin Investors Extremely Fearful As BTC Kicks Week Off With 4% Drop
Data shows the sentiment among the Bitcoin traders has deteriorated into extreme fear as BTC has plunged to start the new week. Bitcoin Has Seen Another Setback To Kick Off Monday Bitcoin renewed optimism among investors last week as its price showed signs of recovery, but it would appear...
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$21 Billion to Buy Bitcoin: Strategy Announces Preferred Stock Offering to Fund Additional BTC Purchases
Michael Saylor-led business intelligence firm, Strategy announced today that it has entered into a sales agreement to offer up to $21 billion of 8% Series A Perpetual Strike Preferred Stock, according to a filing with the US Securities and Exchange Commission (SEC). The shares, which carry a $0.001 par...
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Recent SEC Guidance On Memecoins Suggests Broader Policy Change
There is more to SEC’s recent memecoin guidance than meets the eye. On Feb. 27, the staff of the SEC’s Division of Corporate Finance issued guidance explaining that memecoins — which the SEC described as digital assets “inspired by internet memes, characters, current events, or trends for which the...
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Dogecoin and Shiba Inu holders take a new kind of gamble on Rollblock’s 5,000% potential
Dogecoin and Shiba Inu holders are shifting gears, betting on Rollblock’s 5,000% surge potential. #partnercontent...
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