Strategy adds $51M in Bitcoin as price hit $124K ahead of sharp dip
Strategy bought $51.4 million in Bitcoin last week as BTC surged to all-time highs above $124,000 last Wednesday, only to dip to $115,000 on Sunday.
Ether trader turns $125K into $43M, locks in $7M after market downturn
A savvy trader turned a $125,000 investment into nearly $43 million at its peak, before locking in almost $7 million worth of profit after the market downturn decreased their long positions.
South Korea readies stablecoin framework; bill set for October
The FSC will introduce a bill that’s expected to provide guidelines on issuance, collateral management and internal control systems for stablecoins.
XRP price analysis: Bulls are in trouble and must quickly reclaim $3
Low demand-side volume and weakening price technicals could spell trouble for the XRP price, as the bulls must reclaim $3 support or face a deeper correction.
Dip-buyers ‘stopped the train’ — 5 things to know in Bitcoin this week
Bitcoin no longer has promising odds of a breakout in the coming days as opinions differ on what caused the BTC price dip — and what will happen next.
Hong Kong warns of fraud risk after new stablecoin rules
A Hong Kong SFC official warned that the new local stablecoin framework has fueled fraud risks, and urged investors to remain cautious amid hype-driven speculation.
Ether ETFs smash records as crypto products see $3.75B inflows
Ether continued dominating ETP inflows last week despite Bitcoin printing new highs above $124,000 and ETH only nearing all-time highs.
NFT market cap drops by $1.2B as Ether rally loses steam
The NFT market cap dropped 12% to $8.1 billion as Ether fell, with CryptoPunks and Bored Apes sliding while Pudgy Penguins climbed into second place.
South Korea’s Jeju City targets crypto holdings of alleged tax dodgers
The South Korean government passed laws in 2021 allowing regulators to seize crypto from accused tax delinquents.
EV startup Faraday Future plans multibillion-dollar crypto strategy
Faraday Future said it plans to initially buy $30 million worth of crypto, with plans for “tens of billions” more, and is exploring the idea of launching a crypto ETF.