Markets

In brief Bitcoin’s price rose again, prompting many traders who bet against the asset to close positions. Over the past 24 hours, investors have liquidated more than $97 million in BTC short positions. The S&P 500 and Nasdaq were both recently down more than 3%. Bitcoin’s price rose again–even as stocks fell–spurring many traders who […]

The Bitcoin price broke through $87,600 on Monday during Asian trading hours, reaching its highest level since early April. Analysts said investors are increasingly rotating capital into hard assets as inflation concerns continue. The uptick was primarily due to “rising global liquidity, fueled by an expanding M2 money supply and a weakening U.S. dollar.” Vincent

Key Takeaways Gold reached a record $3,384, and Bitcoin surged to $87,500 following Trump’s statement. A synchronized rally between Gold and Bitcoin suggests potential market uncertainty and a weaker US Dollar. Share this article Gold and Bitcoin, commonly referred to as ‘digital gold,’ climbed higher during early Asian trading after Trump reignited attention to these

In brief Canary Capital is seeking approval to launch a U.S. ETF based around Tron (TRX). The proposed product would include staking benefits for investors. Canary has also filed to launch XRP, Solana, Sui, and Pudgy Penguins ETFs. The ETF applications keep coming. Canary Capital on Friday filed an S-1 prospectus with the U.S. Securities

Key Takeaways Mantra is finalizing a token burn program for the OM token. OM token has faced significant price decline due to large liquidations. Share this article John Patrick Mullin, Mantra’s co-founder and CEO, has stated that the team is finalizing its token burn program and actively working on a buyback plan. Both efforts come

In brief President Trump has threatened to fire Fed Chair Jerome Powell, a move with no precedent in modern U.S. history. Analysts say if Trump fired Powell, then traditional assets like bonds and the dollar would plummet. But the development could also bolster the value proposition of alternative assets like Bitcoin. Should President Donald Trump