Why are some investors choosing Bitcoin over government bonds? Historically, sovereign bonds like the US Treasurys, Japanese government bonds and German Bunds have been go-to assets for risk-averse investors. They are usually perceived to be minimal-risk assets offering steady returns. However, since the emergence of Bitcoin 13 years ago, the narrative of Bitcoin as an…
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Opinion by: Vugar Usi Zade, chief operating officer of Bitget Bitcoin’s price has started to sway with the S&P 500, and a chorus of commentators says this proves crypto has “grown up” and joined the ranks of typical risk assets. That reading misses the deeper melody. The real story is not about investors chasing excitement…
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Key points: Bitcoin performs an anticipated $108,000 liquidity grab as shorts get punished. BTC price targets include a return to all-time highs in the short term. Geopolitical concerns refocus on the Russia-Ukraine conflict as Middle East tensions calm. Bitcoin (BTC) built on its Middle East ceasefire relief bounce at the June 25 Wall Street open…
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Ethena Labs announced on Wednesday that the German Federal Financial Supervisory Authority, BaFin, and Ethena GmbH, the company’s German arm, have agreed on a redemption plan for USDe stablecoin holders. The regulator said it had initiated a 42-day redemption process for stablecoin holders. BaFin said USDe holders will have until Aug. 6 to declare redemption…
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As geopolitical tensions rise in the Middle East and global markets brace for volatility, Byte-Sized Insight’s latest episode explores how crypto reacts under pressure and whether it can provide more than just price movement. Moving markets In the first half of the episode, host Savannah Fortis speaks with Cointelegraph’s Ray Salmond and Marcel Pechman, who…
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Eight major South Korean banks will team up to launch a stablecoin pegged to the country’s won currency, marking a significant step toward digital asset adoption. According to an Econovill report, the project involves institutions including KB Kookmin, Shinhan, Woori, Nonghyup, Corporate, Suhyup, Citi Korea and SC First Bank. The collaboration aims to combat increased…
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Bitcoin’s hashrate saw its most dramatic fall of the last three years between June 15 and 24, according to Blockchain.com data. Bitcoin’s hashrate decreased from nearly 943.6 billion terahashes per second (TH/s) on June 15 to 799.9 TH/s on June 24 — a decline of more than 15% and a level not seen since May.…
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Key points: Bitcoin order book liquidity is increasing as BTC price consolidates its recent relief bounce. Market participants see a liquidity grab taking BTC/USD as high as $111,000 next. The monthly close is already in focus as Bitcoin ekes out modest gains for June. Bitcoin (BTC) traders risk fresh losses thanks to whipsaw BTC price…
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US spot Bitcoin exchange‑traded funds (ETFs) recorded their largest single-day inflow for June on Tuesday with $588.6 million. The surge extends the streak to 11 consecutive days of net positive flows, marking the longest run of consistent inflows since December 2024. According to data from Farside Investors, the inflows were primarily driven by BlackRock’s iShares…
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A newly unsealed complaint from bankrupt crypto lender Genesis reveals internal communications at its parent company, Digital Currency Group (DCG), suggested executives were aware of financial mismanagement and looming legal risks tied to their control over Genesis. According to the Delaware Court of Chancery filing, DCG’s chief financial officer, Michael Kraines, acknowledged the risk that Genesis…
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