19 Jul 2024
Bitcoin Slumps Towards $63K as Speculation About Biden Dropout Intensifies
Bitcoin prices are dropping towards $63,000 as speculation mounts about President Joe Biden potentially dropping out of the presidential race. This uncertainty has influenced market dynamics and the perceived chances of a victory for Donald Trump, now seen as more crypto-friendly. Read more
Germany Dumping $2.8B Bitcoin Is ‘Market Intervention,’ Despite Murky Legal Justifications
Germany’s sale of $2.8 billion worth of Bitcoin is being viewed as market intervention. The legal justifications for this action are unclear, with experts debating the legality and impact of the move on public markets. Read more
First Mover Americas: Bitcoin Trades Below $65K Following Wednesday’s Drop
Bitcoin is trading below $65,000 following a market drop on Wednesday. This movement is part of broader fluctuations in the cryptocurrency market, which are being closely monitored. Read more
WazirX Hack Sends SHIB, WRX Tumbling as Bitcoin, Tether Trade at Massive Discount
The WazirX exchange experienced a significant hack, leading to a tumble in the values of SHIB and WRX. Bitcoin and Tether are also trading at a large discount on the platform following the incident. Read more
TradFi Giant State Street Mulls Creating Stablecoin, Tokenized Deposits: Bloomberg
State Street is considering the creation of a stablecoin and tokenized deposits, signaling traditional financial institutions’ increasing involvement in blockchain technology and tokenization efforts. Read more
Bitcoin Dips Below $64K as U.S. Equity Selloff Stalls Crypto Rebound
Bitcoin has dipped below $64,000, influenced by a selloff in U.S. equities that has affected the broader crypto market’s rebound efforts. Read more
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