XRP ETF from $1.4 Trillion Firm Delayed by SEC, Major Spanish Bank Supports Bitcoin, Coinbase Introduces New Ethereum-Based Crypto Listings: Crypto News Summary
U.Today shares the latest three news stories from the past day. SEC Delays Decision on $1.4 Trillion XRP ETF Filing The SEC has decided to postpone its ruling on the Franklin Templeton Spot XRP ETF. Initially, it was anticipated that an announcement would be made on May 3rd. However, now the deadline has been extended […]
Healthcare Company on Nasdaq Establishes Bitcoin Fund with $20 Million BTC Purchase
Simply put Healthcare firm Prenetics has acquired $20 million in Bitcoin for its Corporate Treasury Department. The organization intends to incorporate Bitcoin into its consumer health platform and operations, hinting at a possible expansion of its financial strategies. Additionally, the company has announced plans to serve as a crypto advisor related to Trump. When it […]
Kraken introduces Bitcoin staking with Babylon integration
Kraken, the cryptocurrency exchange, has introduced a new Bitcoin staking option by teaming up with Babylon Labs. In an announcement on Thursday, Kraken revealed their partnership with the Bitcoin staking protocol, Babylon. This collaboration enables users to earn interest on their Bitcoin holdings without the complexities of bridging, wrapping, or lending. From today, Kraken users […]
Bitcoin volume indicator hints at a potential price of $130K-$135K this summer.
Key Takeaways Bitcoin’s On-Balance Volume (OBV) indicates hidden accumulation despite recent price stability. A similar pattern observed from March to April preceded a significant 57% increase in BTC’s value. If a confirmed Bull Flag pattern emerges, Bitcoin could potentially reach between $130,000 and $135,000 by Q3 of 2025. Bitcoin has been trading within the $102,000 […]
Trump Acknowledges Significant Shift in Crypto Prices with Predictions of ‘Trillions’ for Bitcoin Market
Bitcoin and Crypto Price Predictions Amid Political Changes Bitcoin and other cryptocurrencies are seeing increased prices, partly due to the influence of Donald Trump’s presidency. Treasury Secretary Scott Bessent shared ambitious projections for the crypto market last year. By the end of last year, Bitcoin had surged past $100,000, bouncing back from a dip that […]
Bitcoin receives support from Fed rate pause as BTC targets $106K short squeeze
Key Points: A recent analysis suggests that Bitcoin might see a bullish trend following the Fed’s decision to maintain interest rates, referencing historical patterns. Potential upward momentum for BTC/USD could increase if Binance experiences a drop in open interest. The analysis highlights order book liquidity, predicting shorter timeframes to reach $106,000. According to the report, […]
Czech government withstands fourth attempt at overthrow during $45 million Bitcoin scandal
The Civic Democrats, led by Czech Prime Minister Petr Fiala, have faced their fourth attempt to topple the government in just three years. This time, the opposition came together over a $45 million Bitcoin scandal. The controversy revolves around a Bitcoin donation amounting to 1 billion Czech koruna—roughly $45 million—from Tomas Zikovsky, a convicted individual […]
Ohio House Passes Bill Removing Small Tax Burden for Bitcoin Users
Simply put The Ohio House of Representatives has taken a step forward with a new bill aimed at providing a $200 tax exemption on capital gains from cryptocurrency. This legislation also prevents state and local governments from limiting the use of digital assets or interfering with personal hardware and self-hosted wallets. If the bill passes, […]
Bitdeer Shares Drop as Bitcoin Miner Plans to Raise $330 Million
Simply put Bitdeer, a mining company based in Singapore, is aiming to raise $330 million by issuing convertible notes. Interestingly, unlike many other cryptocurrency firms, they aren’t planning to use these funds to acquire more Bitcoin. On Wednesday, Bitdeer’s stock dropped further, marking a 23% decline for the month. Bitdeer, a Bitcoin miner, has announced […]
Bitcoin Remains Steady After Fed Decides to Maintain Interest Rates
Simply put The US Federal Reserve has been careful about reducing interest rates this year. Bitcoin is currently trading about 5% below its record high from last month. The cryptocurrency market has experienced volatility due to the US trade war and increasing tensions in the Middle East. Since the US Central Bank made it clear […]