Bitcoin price tags $86K as analysis sees crypto in ‘new bull market’
Bitcoin ($BTC) spiked above $86,000 after Monday’s Wall Street open as US stocks rose amid cooling oil prices. Key points:…
Category: Financial
Bitcoin could test $90,000 after shorts get squeezed, but traders warn leverage is building
Bitcoin pushed to a fresh eight-month high of $86,000 on Monday, extending a rally that forced bearish traders out of…
Bank of Russia sets 1% crypto risk limit under draft rules
The Bank of Russia has proposed capping banks’ total risk from cryptocurrencies and foreign digital instruments at 1% of their…
Bank of Korea boosts access with 24-hour won pilot
The Bank of Korea has launched its first 24-hour won settlement network pilot, allowing foreign investors to settle Korean currency…
South Korea’s Eugene Investment tests stablecoins for securities settlement
Eugene Investment & Securities has signed an agreement with blockchain company BEATOZ to test stablecoin settlement for tokenized securities subscriptions,…
Morgan Stanley warns of a 7% S&P 500 dip as rebound catalysts emerge
The S&P 500 Index rose to 7,650 points on Monday as top technology stocks continued rising. It has jumped by…
Treasury Secretary Scott Bessent champions dollar dominance across global markets and stablecoins
Treasury Secretary Scott Bessent leant on stablecoin adoption and dollar-denominated trade metrics to defend the strength of the U.S. economy,…
Markets’ Eyes on the FED: FED Member Goolsbee on Inflation, Bessent on Warsh!
Last week, the Fed, as expected, raised interest rates by 25 basis points. This was the first rate hike since…
ECB plans to buy tokenized bonds with its own funds
The European Central Bank (ECB) plans to invest a small portion of its reserves in tokenized securities, giving the central…
Bitcoin ETFs Flip From $426M Outflow to $6M Weekly Inflow
Crypto ETF Buyers Reverse Midweek Selloff The closing bell told a very different story from the middle of the week.…