Bitcoin Outperforms in USD but Lags in JPY Amid Yen Surge
Bitcoin shows strength against the USD while underperforming in JPY as the yen rises due to intervention fears, impacting cryptocurrency trading dynamics.
Bitcoin shows strength against the USD while underperforming in JPY as the yen rises due to intervention fears, impacting cryptocurrency trading dynamics.
Bitcoin's price has climbed to $64,400, approaching its June peak as altcoin optimism grows, despite ongoing weakness in equity markets.
Bitcoin's price exceeds $64,000, despite spot funds losing $95 million, while ether funds also see a decline of $52 million in institutional flows.
Circle's recent approval for a U.S. trust bank license marks a significant step in its crypto expansion, reflecting the industry's shift towards regulation.
BitMine Immersion Technologies has purchased 42,197 ETH for $73 million, increasing its total holdings to 5,742,237 ETH, representing 4.8% of the supply.
EDX Markets has completed a $76 million Series C funding round led by SBI Holdings, enhancing its position as an institutional crypto trading venue.
Richard Heathcote, former CIO of Tether, is set to sell a portion of his equity stake in the stablecoin issuer, as reported by Bloomberg.