Bitcoin had an incredibly positive trading week, seeing an increase of over $6,000 and reaching a peak of over $67,000. This surge brought Bitcoin to its highest price level in almost a month. The bullish trend started after a slight retracement to just above $60,000, which was quickly defended by the bulls over the weekend.
Gains
The Chinese police recently uncovered a major underground banking operation that utilized the popular stablecoin Tether (USDT) for transferring funds amounting to 13.8 billion yuan ($1.9 billion). The operation was led by a criminal gang involved in the import and export business in China. The gang used USDT to run a foreign exchange payment and
The price of Bitcoin has seen a positive movement, rising by 2.9% on Friday to trade above $67,000 for the first time since April 24. This increase has been attributed to the low inflation levels reported in the latest Consumer Price Index (CPI) data. However, it is important to note that Bitcoin is subject to
The cryptocurrency market has been showing signs of bullish momentum in recent days, with major assets like Bitcoin experiencing substantial gains. One of the key highlights of this period is the surge in the price of Bitcoin from $61,000 to over $67,000, marking a significant milestone after nearly a month of consolidation. This price movement
Dogecoin has garnered significant attention and credibility due to Elon Musk’s public endorsement and support. The Tesla and SpaceX leader’s tweets and actions have had a positive impact on Dogecoin’s value and popularity, leading to substantial gains for investors. In contrast, Ripple lacks a similar influential figure to champion its cause, which could hinder its
Oklahoma has made history by becoming the first state in the United States to legally protect the right to self-custody Bitcoin through the passing of a groundbreaking bill. This new legislation signed by Republican Governor Kevin Stitt, known as the ‘Bitcoin Rights’ bill (HB3594), solidifies the ability of residents to possess, control, and utilize digital
ETF token has recently experienced a massive surge, with its price skyrocketing by +207% in just 24 hours. This surge has been attributed to a flurry of interest surrounding crypto ETFs. The token is currently trading at a market price of $0.00134, with a 24-hour change of +202%. The surge in price began around 12:30
Recently, the Pepe (PEPE) price has experienced a significant drop of 12% from its recent peak. Many traders are now considering whether this dip presents a buying opportunity. The price surge occurred after GameStop icon Roaring Kitty made a comeback, injecting momentum into meme stocks and coins. However, the price has since retreated to slightly
Recently, the Donald Trump-themed meme coin Doland Tremp (TREMP) made headlines as it reached a new all-time high after positive news about the billionaire’s presidential campaign. The former political leader’s softened stance on digital assets has garnered attention, with him now describing himself as the candidate of the pro-crypto voters. The cryptocurrency market as a
France’s financial regulator, the Autorité des Marchés Financiers (AMF), recently issued a warning to French crypto investors regarding the digital asset trading platform Bybit. The platform, despite being one of the largest in terms of trading volume, is not registered in France and is therefore not authorized to provide its services to residents in the