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Source: Benzinga News Agency
1 week ago
Cryptocurrency Medium Importance AI Analyzed

Bitcoin, Ethereum ETFs Lose $1.11 Billion Over 2 Days: What's Going On?

U.S. spot Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) ETFs bled a combined $1.11 billion over two days after the CLARITY Act procedural vote failed and the Fed hiked rates for the first time in three years. What the ETF Data Shows Bitcoin ETFs lost $295.98 million on Sept.

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Source: Benzinga
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Source: Crypto Briefing News Agency
1 week ago
Cryptocurrency Medium Importance AI Analyzed
Canaan Inc. reports $98M net loss as Bitcoin prices decline

Canaan Inc. reports $98M net loss as Bitcoin prices decline

Canaan's losses highlight the vulnerability of Bitcoin mining firms to market volatility, potentially impacting future investment and innovation. Canaan Inc. reports $98M net loss as Bitcoin prices decline.

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Source: Crypto Briefing
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Source: Crypto Briefing News Agency
1 week ago
Cryptocurrency Medium Importance
BlackRock deposits 54,096 ETH and 2,015 BTC to Coinbase Prime in massive ETF-linked transfer

BlackRock deposits 54,096 ETH and 2,015 BTC to Coinbase Prime in massive ETF-linked transfer

BlackRock's crypto ETF operations highlight the evolving role of digital assets in traditional finance, impacting market liquidity and investor strategies. BlackRock deposits 54,096 ETH and 2,015 BTC to Coinbase Prime in massive ETF-linked transfer.

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Source: Crypto Briefing
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Source: Coingape News Agency
1 week ago
Cryptocurrency Medium Importance
Bitcoin vs Gold Forecast: BTC Consolidates, Gold Retests $4,200 as Markets Price in 2 More Rate Hikes

Bitcoin vs Gold Forecast: BTC Consolidates, Gold Retests $4,200 as Markets Price in 2 More Rate Hikes

The Federal Reserve hiked interest rates for the first time since 2023. This hike pushed the prices of Bitcoin (BTC) and gold (XAU) lower, with BTC returning back to a consolidation range, while gold retested $4,200.

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Source: Coingape
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Source: Crypto news News Agency
1 week ago
Cryptocurrency Medium Importance
Bitcoin price forms recovery setup above $75K support

Bitcoin price forms recovery setup above $75K support

Bitcoin price stabilized above $76,000 after buyers defended the $75,000 area, while improving 4-hour momentum and nearby liquidity at $77,000 pointed to a possible short-term rebound. Bitcoin price action today According to data from crypto.

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Source: Crypto news
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Source: Crypto Daily News Agency
1 week ago
Cryptocurrency Medium Importance AI Analyzed
Bitcoin holds firm despite Fed rate hike

Bitcoin holds firm despite Fed rate hike

Even after the Federal Reserve Chairman Kevin Warsh announced a 25 basis points rise in U.S. interest rates on Wednesday, Bitcoin was able to stave off this bearish news and somehow stay above the last-ditch support at $75K. Can the $BTC price remain in its sideways consolidation pattern, or is it just a matter of time before the big drop?

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Source: Crypto Daily
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Source: Crypto Briefing News Agency
1 week ago
Cryptocurrency Medium Importance AI Analyzed
House committee advances bill to institutionalize Strategic Bitcoin Reserve

House committee advances bill to institutionalize Strategic Bitcoin Reserve

Institutionalizing a Bitcoin reserve could enhance federal crypto legitimacy, influencing market dynamics and long-term asset valuation strategies. House committee advances bill to institutionalize Strategic Bitcoin Reserve.

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Source: Crypto Briefing
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Source: CoinPedia News Agency
1 week ago
Cryptocurrency Medium Importance AI Analyzed
Ripple Expands XRP Ledger for AI Payments With New Starter Kit Update

Ripple Expands XRP Ledger for AI Payments With New Starter Kit Update

Ripple, a blockchain-based payment network, has released its updated Version 1.1 of its XRP Ledger (XRPL) AI Starter Kit, adding support for Stripe and Tempo's Machine Payments Protocol (MPP). The update allows AI agents to make automatic payments for APIs, data, and computing services using XRP, RLUSD, and other supported tokens.

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Source: CoinPedia
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