Crypto Currency

bitFlyer Swallows FTX Japan Whole: Plans to Enhance Crypto Custody and ETF

bitFlyer Holdings Inc, a cryptocurrency exchange in Japan, has announced it has completed the acquisition of 100% of FTX Japan’s outstanding shares, making it its wholly-owned subsidiary. This subsidiary will be rebranded under the bitFlyer name by August 26, 2024.Expanding with AcquisitionThis acquisition aligns with bitFlyer’s strategic goals on two main fronts…

bitFlyer Holdings Inc, a cryptocurrency exchange in Japan,
has announced it has completed the acquisition of 100% of FTX Japan’s
outstanding shares, making it its wholly-owned subsidiary. This subsidiary will
be rebranded under the bitFlyer name by August 26, 2024.Expanding with AcquisitionThis acquisition aligns with bitFlyer’s strategic goals on
two main fronts…
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Crypto Currency

Bitcoin price prediction: BTC faces critical resistance at $78,000 as ETF outflows mount

Bitcoin ETFs posted $1.25 billion in weekly net outflows. BTC must clear $78,152 to sustain bullish momentum. Strategy paused Bitcoin purchases despite holding 843,738 BTC. Bitcoin (BTC) continued to trade near the $77,000 level on Monday amid growing institutional outflows against improving macro sentiment and rising demand from spot buyers…

Bitcoin ETFs posted $1.25 billion in weekly net outflows. BTC must clear $78,152 to sustain bullish momentum. Strategy paused Bitcoin purchases despite holding 843,738 BTC. Bitcoin (BTC) continued to trade near the $77,000 level on Monday amid growing institutional outflows against improving macro sentiment and rising demand from spot buyers…
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Crypto Currency

Crypto Giant Dethroned: Bitcoin Drops Out Of Top 10 Amid Market Shift

More than 172,000 traders were liquidated in a single day as Bitcoin’s losses piled up, pushing the cryptocurrency out of the world’s top 10 largest assets by market cap. Bitcoin now sits at 13th place, trailing gold, NVIDIA, Apple, Microsoft, and silver, among others. Related Reading: Unknown Wallet Destroys $8.5 Million In Bitcoin In Shocking

More than 172,000 traders were liquidated in a single day as Bitcoin’s losses piled up, pushing the cryptocurrency out of the world’s top 10 largest assets by market cap. Bitcoin now sits at 13th place, trailing gold, NVIDIA, Apple, Microsoft, and silver, among others. Related Reading: Unknown Wallet Destroys $8.5 Million In Bitcoin In Shocking Burn Longs Take The Brunt Total crypto liquidations reached $921 million within 24 hours…
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Crypto Currency

CFTC backs crypto perpetual contracts, issues advisory on 24/7 trading

The CFTC issued notices affecting platforms seeking to offer cryptocurrency perpetual futures contracts, including a no-action position for Coinbase and approval for Kalshi…

The CFTC issued notices affecting platforms seeking to offer cryptocurrency perpetual futures contracts, including a no-action position for Coinbase and approval for Kalshi…
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Crypto Currency

Jack Dorsey’s Block Unveils 5% Bitcoin Rewards, Proof of Reserves, and New Bitkey Wallet Push

Key Takeaways: Block has introduced a new Bitkey hardware wallet, Proof of Reserves, and Cash App that includes services that accumulate Bitcoins automatically. Cash App users can convert money incoming The post Jack Dorsey’s Block Unveils 5% Bitcoin Rewards, Proof of Reserves, and New Bitkey Wallet Push appeared first on CryptoNinjas…

Key Takeaways: Block has introduced a new Bitkey hardware wallet, Proof of Reserves, and Cash App that includes services that accumulate Bitcoins automatically. Cash App users can convert money incoming
The post Jack Dorsey’s Block Unveils 5% Bitcoin Rewards, Proof of Reserves, and New Bitkey Wallet Push appeared first on CryptoNinjas…
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