The board of directors for GD Culture Group (GDC), a publicly listed holding company focused on digital marketing and AI, on Wednesday authorized the company to sell Bitcoin (BTC) from its corporate treasury to pay for a share buyback program. The move appears to be a reversal of a May 2025 decision to build a…
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Bitcoin (BTC) rallied to a weekly high of $69,500 on Wednesday, surging from lows near $62,400 in less than 24 hours. The rebound aligned with a renewed spot Bitcoin exchange-traded fund (ETF) inflows and firmer macroeconomic sentiment after the recent US policy signals helped steady broader risk markets. Derivatives data shows that BTC’s open interest…
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Bitcoin began an assault below the 200-week exponential moving average in fresh signs of upward BTC price momentum at the start of the US session. Bitcoin (BTC) hit $67,000 at Wednesday’s Wall Street open as bulls shook off fresh US tariff pledges. Key points: Bitcoin enjoys a sustained rebound as BTC price action rises above…
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The United Kingdom’s Financial Conduct Authority (FCA) has selected four companies to join a dedicated stablecoin cohort within its long‑running Regulatory Sandbox. In a Wednesday press release, the FCA said it chose Monee Financial Technologies, ReStabilise, Revolut and VVTX from a pool of 20 applicants to test how their stablecoin services perform under the UK’s…
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South Korea is reportedly preparing new rules that would force social-media personalities promoting cryptocurrencies and stocks to reveal what they own and whether they are being paid. Democratic Party lawmaker Kim Seung-won, a member of the National Assembly’s Political Affairs Committee, is drafting amendments to the Capital Market and Financial Investment Business Act and the…
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Bitcoin (BTC) rallied toward $66,000 after Tuesday’s gains in the US stock market, as cryptocurrencies sought to halt their 2026 slump. Key takeaways: Bitcoin rallied above $66,000 on Wednesday, recovering alongside US stocks. Bitcoin Coinbase Premium Index flipped positive amid $258 million in ETF inflows. While BTC’s correlation with stocks and gold is at…
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A senior US lawmaker launched a congressional inquiry into crypto exchange Binance following reports that the platform processed about $1.7 billion in transactions tied to sanctioned Iranian entities and Russia’s oil “shadow fleet.” On Tuesday, Senator Richard Blumenthal, ranking member of the Senate Permanent Subcommittee on Investigations, sent a letter to Binance CEO Richard Teng…
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Bitcoin (BTC) sought to reclaim $65,000 as support into Wednesday’s Wall Street open as rumors swirled around US institutional pressure. Key points: Bitcoin bounces 2.5% as talk turns to alleged selling pressure from Wall Street trading company Jane Street. Jane Street rebuts claims of crypto market manipulation during the 2022 bear market. “Razor thin” order…
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Crypto bank Anchorage Digital said it holds Strategy’s perpetual preferred security STRC on its balance sheet, adding an institutional backer to Michael Saylor’s Bitcoin treasury company at a time when Wall Street traders are increasingly betting against it. In a Wednesday post on X, Anchorage co-founder and CEO Nathan McCauley said the purchase shows alignment…
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Flows into US spot Bitcoin exchange-traded funds turned positive Tuesday as the price of Bitcoin made a modest recovery to $65,000, snapping a run of daily redemptions. Spot Bitcoin (BTC) ETFs recorded $257.7 million in inflows, marking the largest daily total since early February, according to SoSoValue data. The gains more than offset Monday’s outflows…
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