The crypto market is going through a rough patch. Bitcoin's value has fallen below $100, 000, but that hasn't stopped major companies and banks from jumping into digital assets. In the United States, a well-known trading platform and bank has started offering crypto trading services to big clients.
Strategy Inc, a company heavily invested in Bitcoin, is feeling the heat as the cryptocurrency takes a nosedive. Bitcoin has just hit a six-month low, dropping below $90, 000. This isn't good news for Strategy Inc, as its stock value is closely tied to Bitcoin's performance. Strategy Inc has been o
Bitcoin has had a rough week. It's now wiped out all the gains it made this year, dropping below $93, 000. This is the first time it's been this low in nearly seven months. In just one day, it lost 2. 3%, and over the past week, it's down by about 13%. Trading has been intense. The volume of Bitcoi
Crypto prices are feeling the heat lately. Bitcoin and Ethereum, the big names in the crypto world, have been dropping. Bitcoin is now below $92, 200, which is the lowest it's been since April. It's lost over 14% in just two weeks, wiping out all the gains it made this year. Ethereum isn't faring mu
A new tool called CoinFello is about to make waves in the crypto world. It's an AI-powered app that helps people use and automate smart contracts. This isn't just any app; it's the first of its kind. It lets users chat with it in plain language to get things done on the blockchain. CoinFello is bui
A Georgia resident, Olanrewaju B. Adeosun, was taken into custody in New York. He is accused of laundering almost $1 million from a business in Bergen County. This happened after a wire transfer scam was reported to the prosecutor's office in July 2024. The investigation, which lasted over a year,
A major U. S. bank is stepping into the world of digital money. BNY, a well-known name in traditional banking, has just launched a new fund. This fund is not for regular investments. It's designed to support stablecoins, a type of digital money that's tied to the value of real-world currencies like
BlackRock has made a bold move into the crypto world. They've launched a tokenized fund that can be used as collateral on Binance. This is a big deal because it shows how traditional finance is getting cozy with digital assets. The fund in question is called the BlackRock USD Institutional Digital
Dunamu, the company behind Upbit, has seen a huge jump in profits. In the third quarter, they made about $165 million. That's a lot more than last year, when they made just $40 million. This big increase shows that the company is doing much better now. What's helping Dunamu grow? A lot of things. F
Crypto index ETFs might just be the next big wave in the world of investing. These funds, which hold a mix of different cryptocurrencies, could fill a big gap in the market. Many new investors understand Bitcoin, but they often struggle to figure out which other cryptocurrencies to invest in. A dive
