This is why despite there only ever being a finite pool of 21 million Bitcoins that can be created or mined, almost anyone can own some part of a Bitcoin. This finite pool also offers partial resistance to economic issues such as hyperinflation or a banking collapse. To some degree, this perhaps explains why Bitcoin’s adoption and appeal has become so widespread in the last few years. As Bitcoin (BTC) continues to trade near its recent all-time high (ATH) of $111,980, activity on major crypto exchanges suggests…
Breaking: Grayscale Files for Spot Solana ETF, XRP ETF Next?
However, recoveries characterized the trading on Monday after President Trump delayed the implementation of the tariff on the EU until July 9. Latest crypto news today, analysis, and investment verdicts on Bitcoin, Dogecoin, Ripple, Diem, Ethereum, Monero, Litecoin, Dash, NEM and more cryptocurrencies. The financial products to be launched by Trump Media & Technology Group, owner of the Truth Social platform, and its partners will include digital assets as well as stocks with a „Made in America focus“. This week, Trump’s media company announced plans to launch exchange traded-funds (ETFs).
Binance Review 2025: Learn Everything About the World’s Largest Crypto Exchange
Although technologies like this might seem rather complex, understanding how Blockchain works is quite easy, given that one has a basic idea of how networks work. Blockchain is simply a database shared between several users, containing confirmed and secured entries. GameStop has added 4,710 BTC to its balance sheet, signaling a major shift toward crypto in its treasury strategy. On-chain indicators like the Coinbase Premium Gap and BCMI suggest the smart money is positioning early, and Bitcoin could soon rally again.
The sell-off came after Trump proposed a 50% tariff on imports from the European Union starting next month, along with a 25% tariff on iPhones manufactured outside the U.S., reigniting fears of an escalating trade war. The pair were rescued by police within days and Mr Balland also had a finger cut off, French media reported. The victim had one finger missing when he was rescued by police days later in a house in Palaiseau, south of Paris, according to French media. Arrests were also made over a kidnapping attempt against a person with ties to the crypto sector which was foiled by police in the Nantes region of western France on Monday, local media outlets reported. The pair were described by French media as relatives of Pierre Noizat, the co-founder of French Bitcoin exchange platform Paymium. The arrests were connected to an unsuccessful attempt by a masked gang to abduct the daughter and young grandson of a cryptocurrency chief in Paris on 13 May.
Our analysis provides thorough examinations of this rapidly advancing space. Bitcoin maintains upward momentum despite a recent market retracement that https://ai-robert.com/1-oz-of-gold-how-many-grams/ briefly pulled the asset off its all-time highs. As Bitcoin (BTC) attempts to turn the $110,000 resistance into support, some analysts believe its price discovery rally has just… Bitcoin is currently changing hands just above $108,000, consolidating after Tuesday’s fresh all-time high.
Whether you’re a beginner or an expert, find the right partner to navigate the dynamic Forex market. Halvings are typically considered bullish events as they slash the block reward in half for miners, constricting the supply of the asset. The consolidation comes after a sharp uptick from the drop to 62% on May 14. Investors could consider capital rotation by selling BTC at a profit and channeling the proceeds to select altcoins like Ethereum and Cardano. Bitcoin dominance, which shows the percentage of BTC’s market share compared to altcoins, is moving broadly sideways, slightly above 64%, as observed in the chart below. The cross-border remittance token Ripple (XRP) suddenly broke its impressive 80-week inflow streak with $37.2 million outflows.
- The U.S. Department of Labor on Wednesday rescinded 2022 guidance that discouraged workplace 401(k) digital asset investing—the Trump administration’s latest crypto-friendly move.
- Bitcoin also took a battering in the immediate aftermath of Mr Trump’s controversial „Liberation Day“ tariffs – slumping to lows of $75,000 in April as investors dumped riskier assets.
- As the first-ever and most valuable cryptocurrency by market cap, Bitcoin continues to dominate headlines and shape the trajectory of the entire crypto market.
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Bitcoin’s price saw a wild swing last week, briefly rising above $111,800 on May 23 before dropping to $109,600 today…. On-chain data shows a large portion of the Ethereum market cap was acquired near the current price, making ETH’s position… Dogecoin is currently trading around critical levels, consolidating just below the key $0.25 resistance zone. Independent market technician EGRAG CRYPTO posted an updated weekly XRP/USD chart on X.
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Powell downplays recession fears but hints at stagflation risks amid Trump policy uncertainty. Stablecoin market to soar to $2T by 2028, per Standard Chartered, boosting dollar dominance and financial innovation via U.S. legislation and Circle’s model. Semler Scientific reports $41.8M unrealized Bitcoin loss in Q but remains committed to its crypto strategy, holding 3,182 BTC and planning to acquire more. Crypto trader named James Wynn, who gained attention recently opening a $1.1 billion BTC long bet with 40x leverage on the Hyperliquid exchange, also slipped underwater on the massive position. Currently, the trader is sitting on $7.5 million of unrealized losses, and the position could be liquidated if BTC slips to $102,000, according to a screenshot shared on X.
