Crypto Currency

Russian Cross-border Crypto Trials to Start This Week

Reading Time: 2 minutes Russia is set to initiate trials for cross-border cryptocurrency transactions to bypass Western sanctions Moscow has sought alternatives to the traditional financial system due to increasing isolation The effectiveness of this strategy has remained uncertain and widely debated Russia is set to trial cross-border cryptocurrency transactions next week in an attempt

Published 1 year ago in
Russian Cross-border Crypto Trials to Start This Week

Reading Time: 2 minutes Russia is set to initiate trials for cross-border cryptocurrency transactions to bypass Western sanctions Moscow has sought alternatives to the traditional financial system due to increasing isolation The effectiveness of this strategy has remained uncertain and widely debated Russia is set to trial cross-border cryptocurrency transactions next week in an attempt to circumvent Western sanctions imposed due to its actions in Ukraine…
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Crypto Currency

Bitcoin Price Slumps 5%, Bearish Momentum Returns With Force

Bitcoin price failed to stay above $68,000 and dipped sharply. BTC is now consolidating losses and might struggle to recover above $66,000. Bitcoin started a fresh decline and traded below the $66,500 support. The price is trading below $66,500 and the 100 hourly simple moving average…

Published 39 minutes ago in
Bitcoin Price Slumps 5%, Bearish Momentum Returns With Force

Bitcoin price failed to stay above $68,000 and dipped sharply. BTC is now consolidating losses and might struggle to recover above $66,000. Bitcoin started a fresh decline and traded below the $66,500 support. The price is trading below $66,500 and the 100 hourly simple moving average…
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Crypto Currency

Bithumb Bitcoin Blunder: $1.3B Error Sparks Probe Into Weak Financial Oversight

Bithumb CEO admited past mistakes following the latest 620,000 BTC blunder which has prompting further investigations into system flaws…

Published 39 minutes ago in
Bithumb Bitcoin Blunder: $1.3B Error Sparks Probe Into Weak Financial Oversight

Bithumb CEO admited past mistakes following the latest 620,000 BTC blunder which has prompting further investigations into system flaws…
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Crypto Currency

Yield Tsunami Bitcoin: Fed Rate Cuts Could Trigger Massive Capital Rotation Into STRC

TLDR: A 300bps rate drop could erase nearly $234B in annual MMF income. Even 5% MMF rotation may release $390B into higher-yield alternatives. STRC’s 11.25% yield positions it for institutional inflows during easing. New STRC issuance could translate into large-scale Bitcoin purchases. Yield Tsunami Bitcoin is gaining attention after investor Adam Livingston projected a sharp

Published 39 minutes ago in
Yield Tsunami Bitcoin: Fed Rate Cuts Could Trigger Massive Capital Rotation Into STRC

TLDR: A 300bps rate drop could erase nearly $234B in annual MMF income. Even 5% MMF rotation may release $390B into higher-yield alternatives. STRC’s 11.25% yield positions it for institutional inflows during easing. New STRC issuance could translate into large-scale Bitcoin purchases. Yield Tsunami Bitcoin is gaining attention after investor Adam Livingston projected a sharp […]
The post Yield Tsunami Bitcoin: Fed Rate Cuts Could Trigger Massive Capital Rotation Into STRC appeared first on Blockonomi…
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Crypto Currency

Bitcoin’s calm price action is a trap: The steady ETF bid that supported it has already disappeared

Spot Bitcoin ETFs gave the market a clean, daily scoreboard: a green print meant fresh cash crossing the boundary from traditional brokerage accounts into Bitcoin exposure, and a red print meant the opposite. For much of the first year of spot ETFs in the US, that scoreboard tracked sentiment and set the market’s tempo…

Published 39 minutes ago in
Bitcoin’s calm price action is a trap: The steady ETF bid that supported it has already disappeared

Spot Bitcoin ETFs gave the market a clean, daily scoreboard: a green print meant fresh cash crossing the boundary from traditional brokerage accounts into Bitcoin exposure, and a red print meant the opposite. For much of the first year of spot ETFs in the US, that scoreboard tracked sentiment and set the market’s tempo…
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