Analysts suggest Bitcoin may struggle to decisively break its $112K all-time high without a significant catalyst, highlighting potential for a short-term correction.
Tag: Cryptocurrencies
Bitcoin Surges as Institutions Accumulate, Paraguay Denies Legal Tender Rumors, and Australia Busts $123M Crypto Laundering Ring
A look at today’s key crypto events: institutional Bitcoin accumulation driving price increases, a false alarm in Paraguay regarding Bitcoin adoption, and a major crypto laundering operation uncovered in Australia.
SEC Considers ‘Innovation Exemption’ to Spur Crypto Development
The SEC is exploring a conditional exemption framework to foster innovation in the crypto space, potentially accelerating the development of onchain products and services.
Societe Generale Enters the USD Stablecoin Arena with USDCV Launch on Ethereum and Solana
Societe Generale’s crypto division, SG Forge, has launched USD CoinVertible (USDCV), a new USD-backed stablecoin on Ethereum and Solana, signaling traditional finance’s increasing interest in stablecoin markets.
Metaplanet’s Bitcoin Bet: Stock Surges on Bold $5.4B Acquisition Plan
Japanese investment firm Metaplanet sees its stock price soar after announcing ambitious plans to acquire $5.4 billion worth of Bitcoin, targeting the number two spot among public companies holding BTC.