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Bitcoin Climbs Slightly as US Reports Inflation Slowed in May

Bitcoin Climbs Slightly as US Reports Inflation Slowed in May

In brief Bitcoin has rallied in recent days after dipping in late May. The Fed was widely expected to keep interest rates unchanged. Altcoins have largely followed Bitcoin’s price pattern recently, although ETH has outpaced BTC. Bitcoin gained half a percentage point after the May Consumer Price Index showed that prices rose 2.4% in May, […]

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BlackRock’s IBIT Breaks Records, Reaches B AUM in 341 Days

BlackRock’s IBIT Breaks Records, Reaches $70B AUM in 341 Days

BlackRock’s iShares Bitcoin Trust (IBIT) has become the fastest exchange-traded fund (ETF) to ever reach $70 billion in assets under management (AUM). The fund, which launched in January 2024, hit this milestone in just 341 trading days—five times faster than the previous record-holder, the SPDR Gold Shares ETF (GLD), which took 1,691 days to reach

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Ethereum price prediction as ETH reclaims ,800 level

Ethereum price prediction as ETH reclaims $2,800 level

Ethereum price jumped above $2,800. ETH is seeing gains amid altcoin season chatter and as regulatory clarity inches closer. With market sentiment positive, ETH bulls could likely reclaim $3,000 as they eye a breakout. Ethereum (ETH) price has again moved above $2,800 after gaining more than 4% in the past 24 hours. The top altcoin

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Best crypto to buy now as Michael Saylor says Bitcoin is ‘going to M’

Best crypto to buy now as Michael Saylor says Bitcoin is ‘going to $1M’

Bitcoin bull Michael Saylor has predicted that Bitcoin will hit $1 million. In a scenario where Bitcoin crosses the $1 million mark, high-risk, high-reward assets like Bitcoin Pepe could see outsized gains. The project’s ongoing presale has raised more than $14 million. The BPEP token is currently priced at $0.0416. The

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Why Strategy’s Bitcoin Buys Could Pose Long-Term Risks Despite Boosting Demand

Why Strategy’s Bitcoin Buys Could Pose Long-Term Risks Despite Boosting Demand

In brief Strategy’s 3% ownership of Bitcoin is approaching “problematic” levels, threatening its reserve asset status, Sygnum says. Acquisition vehicles have catalyzed Bitcoin demand similar to the impact of ETFs. Liquid supply constraints could reverse the improvements in volatility, crucial for institutions. Acquisition vehicles have successfully driven demand for Bitcoin in recent years, but their

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SOL price outlook as Societe Generale launches stablecoin on Ethereum and Solana

SOL price outlook as Societe Generale launches stablecoin on Ethereum and Solana

Societe Generale has launched its USDCV stablecoin on Solana and Ethereum; trading to start in July. SOL price holds steady as institutional adoption gains traction. Solana ETF decision and upgrades could boost long-term value. Solana’s native token, SOL, continues to draw the attention of institutional and retail investors alike, as the blockchain’s real-world adoption gains

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LINK price analysis as Hong Kong taps Chainlink for CBDC pilot project

LINK price analysis as Hong Kong taps Chainlink for CBDC pilot project

Chainlink enables CBDC-stablecoin swap in HK pilot. LINK breaks $15 as volatility drops and momentum builds. Rising LINK derivatives signal strong bullish positioning. Chainlink (LINK) has captured fresh investor interest after Chainlink’s CCIP successfully enabled a Hong Kong CBDC and an Australian dollar stablecoin swap. We’re excited to share that Chainlink is facilitating the secure

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ADA price jumps as Cardano launches first Bitcoin DeFi protocol

ADA price jumps as Cardano launches first Bitcoin DeFi protocol

Cardano launches Cardinal Protocol, enabling BTC use in DeFi without bridges. ADA’s price surges as Cardinal adoption grows across major Cardano DeFi platforms. Cardinal ensures secure, non-custodial BTC staking and lending. Cardano has taken a major leap in the decentralized finance world with the launch of its first Bitcoin DeFi protocol, Cardinal, triggering a sharp

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Best crypto presales to buy as meme coins lead gains on Tuesday

Best crypto presales to buy as meme coins lead gains on Tuesday

The meme coin sector’s total market capitalization jumped more than 6% on Tuesday to exceed $62 billion. Investors seeking outsized returns are turning to early-stage projects like Bitcoin Pepe. The ongoing crypto presale has raised over $14 million to date, and the token is currently priced at around 0.0396. Bitcoin climbed

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