As Bitcoin reached new highs this week, sentiment platform Santiment found that almost half of all crypto-related conversations on social media were about it. This dominance might indicate a local peak and a possible short-term downturn. Santiment analyst Brian Quinlivan stated in a report on Wednesday that there was an
Coinciding with Bitcoin’s price surpassing $123,000, 58 Bitcoin treasury updates were reported between July 14 and 19, as 21 corporations contributed almost $810 million in BTC to their corporate treasuries. Four new treasuries, 17 announcements of future treasuries, 11 intentions to raise Bitcoin, and five additional disclosures were also part
Bitcoin (BTC) fell 2% today as altcoins saw a retreat after a massive gain, and the crypto market as a whole sold off the news of the historic laws’ passage. On Friday, three “Crypto bills,” also known as the CLARITY Act and the anti-CBDC Act, were signed into law by
Following Coinbase’s recent addition to the S&P 500, Jack Dorsey’s Block Inc. will soon follow suit. In addition to accepting Bitcoin payments, Dorsey’s fintech startup mines the cryptocurrency. Block Takes Hess Corp.’s Spot Amid Bitcoin-Driven Growth According to a news release from the S&P Dow Jones Indices, Jack Dorsey’s business
The CEO of Tether announced intentions to bring USDT in full compliance with the GENIUS Act and to introduce a stablecoin tailored to the US market. As it prepared for the new law’s full application, Circle reiterated its completely compliant ecosystem. Tether’s Dual-Track Strategy for GENIUS Act Compliance The dual-track
Despite its debut on major exchanges like OKX and BitMEX, Pump.fun’s PUMP token continues its downward spiral, now trading at $0.00406 after a sharp 21% drop in the past 24 hours. Confidence among retail holders fades as support fails to hold The token’s market cap has fallen to $1.43 billion,
Paul Atkins, chair of the US Securities and Exchange Commission (SEC), expressed support for including cryptocurrency in 401(k) plans for Americans. But he stressed the need of appropriate disclosure. Atkins left the possibility of incorporating cryptocurrency into 401(k) plans open. He spoke in an interview that was published on Friday by
As a result of the latest acquisitions by BlackRock demonstrating a clear change in emphasis, institutional interest in Ethereum is growing. Ethereum has shown a notable preference over Bitcoin in the asset managers’ inflows, which have far surpassed Bitcoin. The top inflow figures, according to Arkham Intelligence, indicate BlackRock bought
As a result of three big crypto bills passing in the US House and a daily spike in Bitcoin, Ether, and XRP, among others, the total crypto market value is getting extremely close to the $4 trillion level. Nvidia, the largest publicly-listed corporation in the world, surpassed a $4 trillion market
The 2.06% surge has pushed the crypto market cap to $3.9 trillion, with the overall greed sentiment as the Fear and Greed Index value at 71. The largest assets, like Bitcoin and Ethereum, have set a green momentum, trading at $119.2K and $3.6K. Following suit, Uniswap (UNI) has rallied by
