According to Circle, the asset’s primary goal is to provide institutions with a neutral, highly secure alternative to wrapped Bitcoin. The most popular wrapped Bitcoin token, wBTC, is offered by BitGo and has 119,157 tokens in circulation. Its market cap is at $8 billion. Circle, a stablecoin issuer, has announced its intention to offer a wrapped Bitcoin,
Bitcoin is currently trading near $70.3K. $249M in BTC liquidations hit the market. Bitcoin is currently trading in a key consolidation zone, referred to as a no-trade zone, between $65,636 and $70,685. This range has seen heavy activity, with over 1.72 million BTC exchanged. It makes it a strong area of both support and resistance.
Bitcoin came below renewed selling pressure after Federal Reserve Chairman Jerome Powell signaled a cautious stance on future price cuts, triggering a broader market pullback. The important cryptocurrency dropped more than 5% in 24 hours, taking from weekly highs above $74,000 as macroeconomic troubles weighed on investor sentiment. Fed Signals Drive Market Weakness The decline
Bitcoin price is holding near the $70.7K mark. BTC Fear and Greed Index at 23 hints at extreme fear. The prolonged geopolitical tensions impact the Bitcoin price, which causes short-term volatility and sharp corrections due to increased risk aversion. It may be followed by rapid recoveries or surges if investors perceive it as a hedge
Metaplanet transferred 4,986 BTC ($368M) from dormant wallets, marking its first major activity in three months. The company aims to acquire 210,000 BTC, currently holding 35,102 BTC, while raising up to $531M through shares and warrants. Japan-based Tokyo-listed Bitcoin treasury company Metaplanet Inc. transferred 4,986 Bitcoin (BTC), valued at about $368 million, from its cold
Bitcoin slips over 4%, trading near $67.8K. $119.12M in BTC liquidations hit the market. The dominant asset, Bitcoin (BTC), is floating over the bear market. It has been trading below $75K over the last few weeks, facing back-to-back rejections amid the recovery attempts. The BTC price has plunged by 4.29% in the last 24 hours.
Roxom’s overarching objective is to build a financial infrastructure using Bitcoin at its foundation, and this launch is a component of that larger ambition. The new platform will make it possible for investors to purchase and sell shares in public Bitcoin Treasury Companies directly in Bitcoin. The first global stock exchange that is denominated and settled
Bitcoin is currently hovering around the $90.3K mark. BTC’s daily trading volume has surged by over 44%. With the fear sentiment across the crypto market, the majority of the tokens are charted in red, while a very few are in green. The market is fluctuating between losses and gains. Meanwhile, the largest asset, Bitcoin (BTC),
Bitcoin is currently hovering around the $87.2K level. BTC’s daily trading volume has surged by over 62%. As of December 16, the crypto market continues to linger within the bearish pool, putting the digital assets in an uncertain state. The price movements are slipping steeply down, revisiting the crucial support. Meanwhile, Bitcoin (BTC), the largest
When expressed in terms of value, the promise indicates a commitment to support the long-term growth of GMC. In order to fulfill this promise that spans many years, Bhutan will conduct an assessment of a variety of appropriate measures that are in line with long-term stewardship. Bhutan has introduced a national Bitcoin Development Pledge with the