The news combined to send the U.S. dollar and bond yields modestly higher, but had little effect on stocks. Bitcoin, on the other hand, retreated quickly, tumbling at one point more than 4% from the day’s high to $60,700. At press time, the price had bounced a hair to $61,000, lower by 0.6% over the past 24 hours. The broader CoinDesk 20 Index is up 0.15% over the same period.
Institutions have remained surprisingly bullish on bitcoin, using their deep pockets to capitalize on buying opportunities every time the digital...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Larry Fink, CEO of BlackRock, turned one...
The success of Ethereum is boosting ecosystem tokens, including Arbitrum. Although ETH USD momentum appears to be fading, blue-chip tokens...
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Metaplanet Inc. (Tokyo Stock Exchange: 3350) announced the purchase of an additional 775 bitcoin at an average price of ¥17,720,023...
