
Payments firm Thunes nets $150m in Series D investment
Cross-border payments company Thunes has secured $150m in a Series D financing round, led by…
Key points: Bitcoin’s rejection at $107,000 shows sellers are active at higher levels, but the recovery from the intraday low shows solid buying. Strategy and Metaplanet continue to accumulate Bitcoin, adding steady buy-side pressure to BTC price. Select altcoins have pulled back, but they have not yet turned negative. Bitcoin’s (BTC) attempt to challenge the…
Key takeaways: Bitcoin recovered from its sharp sell-off from $107,000, suggesting it functions as a hedge against uncertainty for investors reacting to Moody’s recent downgrade of US debt. Moody’s downgraded the US credit rating to Aa1, citing a $36 trillion debt and rising deficits, causing market turbulence and a spike in US Treasury yields. Despite…
Brad Garinghouse, chief executive officer at Ripple, has already commented on the much-awaited launch of CME Group’s XRP futures, claiming that the rollout of the product has marked a major institutional milestone for the token. Earlier today, CME confirmed that XRP futures (both standard and micro versions) went live after months of anticipation. Institutional players…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Positive sentiment has returned to the market as Bitcoin witnessed a surge above the $105,000 mark, a key resistance level in its ongoing upward trend. Even though BTC has briefly pulled back, many seasoned investors are exhibiting significant interest in the flagship…
Key points: BTC price action retargets $105,000 after the Wall Street open, rising 2.5% from the day’s lows. Volatility continues, leading market participants to varying conclusions over what will happen to BTC/USD next. Perspectives include the Bitcoin bull market being in its final stages. Bitcoin (BTC) sought a rebound from a 4% dive at the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Who wants Bitcoin to hit a new all-time high? One of the new best meme coins does – and so does Arizona. But does Bitcoin itself? The world’s leading crypto continues to waffle about, jumping at times to within range of the…
Kazakhstan, the Maldives and Pakistan have recently outlined ambitions to position themselves as crypto hubs and build out their digital economies. Historically, these countries haven’t been top of mind for global crypto firms — though Kazakhstan did have a brief moment in the spotlight as a go-to destination for Bitcoin (BTC) miners after China’s mining…
Residents in Kentucky, Missouri, and Virginia are cleaning up from deadly storms and tornadoes that killed at least 28 people over the weekend. They’re also bracing for more severe weather. “Right over there where the tablecloth is, is where me and my husband were pinned down,” tornado survivor Edwina Wilson explains. Wilson says she and…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Solaxy $SOLX is blasting through the crypto-verse at the moment. An impressive surge in buying over the past two weeks highlights growing investor confidence as this presale nears its close. Recent whale purchases of Solaxy ($SOLX) have totaled over $1M, with a…
The Cardano Foundation is preparing to release an audit report on its treasury holdings after fresh allegations surfaced claiming misappropriation of roughly $600 million worth of ADA tokens. Cardano founder Charles Hoskinson is facing renewed scrutiny from community members, including non-fungible token artist Masato Alexander, who alleged that Hoskinson manipulated the Cardano ledger using a…