Why the Monero Cryptocurrency Is Up 14% Today
What’s behind Monero’s big price jump today? Spoiler alert: It’s not great news for its owners and investors. The privacy-minded cryptocurrency Monero (XMR 0.09%) soared on Monday morning. As of 12:45 p.m. ET, it had gained 14.5% in 24 hours. Unfortunately, this sudden jump was the result of some unsavory financial moves apparently involving a […]
Bitcoin price consolidation likely as US Core PCE, manufacturing, and jobs reports print this week
Key takeaways: A week full of US macroeconomic reports could impact Bitcoin traders’ sentiment. Bitcoin’s rally could stall if there’s a sharp reduction in spot buy volumes. If PCE, the ISM PMI, and jobs data align with market expectations, BTC could rally. Bitcoin (BTC) price could face a period of range-bound trading after managing a […]
Arizona Lawmakers Approve Complementary Bitcoin, Crypto Bills
Arizona lawmakers have passed two related bills that could make the state a leader in state-level government cryptocurrency investing, provided they are signed into law by Governor Katie Hobbs. The Arizona House passed Senate Bill 1025 on its third reading. Formally known as the “Arizona Strategic Bitcoin Reserve Act,” the House approved it 31-25-4 on […]
Arizona state approves first ever US Bitcoin reserve
Arizona state lawmakers have passed a bill allowing the state to invest up to 10% of public funds in digital assets, including Bitcoin. The legislation also establishes a Digital Assets Strategic Reserve Fund, utilizing seized crypto assets and future appropriations. The Senate bills 1025 and 1373 now await final confirmation from state Governor Katie Hobbs. […]
Coinbase Launches Bitcoin Yield Fund Targeting 8% With Minimal Risk – Bitcoin.com News
Coinbase Launches Bitcoin Yield Fund Targeting 8% With Minimal Risk Bitcoin.com News Coinbase to debut institutional bitcoin yield fund (COIN:NASDAQ) Seeking Alpha Coinbase to Launch Institutional Fund Offering Yield on Bitcoin Bloomberg.com Source link
Ohio treasurer not sold on state cryptocurrency strategic reserve idea
Ohio’s treasurer and secretary of state want state agencies to start taking Bitcoin and other cryptocurrencies for certain fees and services, such as the one to form a business, they said. At the same time, though, Republican Treasurer Robert Sprague said he is not sold on a bill suggesting he invest taxpayer dollars in digital […]
Crypto Scams Are Exploding — And There’s No Plan To Protect You – The Lever
Crypto Scams Are Exploding — And There’s No Plan To Protect You The Lever ‘This is not real’: Wisconsin woman loses $80,000 trying to surprise husband with crypto windfall — only for him to discover she’d been scammed. How to protect yourself from investment fraud Moneywise OPINION: Bitcoin Depot at center of growing number of scams Albuquerque Journal […]
Will Trump’s 100-Day speech propel BTC above $100,000?
Bitcoin price bounces above the $95,490 as markets await Trump’s 100-day speech. Cryptocurrency-related policies dominated Trump’s but marketsterm; still await definitive updates on the Bitcoin strategic reserve proposal. Investors moved BTC worth $4 billion from exchanges since Trump launched controversial calls for rate cuts last week. Bitcoin rebounds as high as $95,490 on Monday, as […]
MoonPay to put down roots in NYC with new US headquarters — leading to predicted crypto real estate boom
Crypto continues to stake its claim in the financial capital of the world. MoonPay, the global leader in crypto payments, is opening a new 5,000-plus square-foot U.S. headquarters in SoHo, NYNext can exclusively report. With the move, the company becomes the latest digital currency firm to expand its presence in NYC. MoonPay’s new headquarters is a […]
Matt Kaufman Talks Rise of Bitcoin & Crypto Outlook at Exchange – ETF Trends
Matt Kaufman Talks Rise of Bitcoin & Crypto Outlook at Exchange ETF Trends Source link