Bitcoin fell below USD 119K after U.S. Treasury Secretary ruled out new purchases
Bitcoin fell below a key support level on Thursday after U.S. Treasury Secretary Scott Bessent said that the Government had no plans for further purchases of bitcoins for its bitcoin reserve and digital assets. fell below the psychological support level of USD 120,000 and was trading at USD 118,730 at the time of writing this article, hours after reaching an all-time high of USD 124,457 on Thursday, according to Cointelegraph data.
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Will Japan Outpace the U.S. in the Race for XRP ETFs?
Author Landon Manning August 6, 2025, 23:39 GMT+0000 Updated by Luis Blanco August 6, 2025, 23:39 GMT+0000 In summary SBI Holdings hints at a future XRP ETF, driven by regulatory progress in Japan, although no official move has been planned yet. Rumors on social media misrepresented the situation, claiming that SBI's XRP ETF application is already underway, which is not true. Rumors on social media about an XRP ETF in Japan have shaken the crypto community following a new report from SBI Holdings. Citing regulatory advances, the company outlined theoretical plans for new cryptocurrency ETFs.
PayPal launched cryptocurrency payment tool and added support for over 100 tokens
PayPal is implementing a new cryptocurrency payment tool that will allow US merchants to accept payments with over 100 cryptocurrencies. The PayPal payment platform is ready to implement a new feature for US merchants to accept payments with over 100 cryptocurrencies, aimed at international transactions and greater utility of its own stablecoin. automated send and receive stablecoins, mainly USDC, on the Base network.
Regulatory clarity drives the growth of stablecoins and cryptocurrency payments.
Hypersonics to China ⚔️🌍 Washington has drawn a hard line: it warns Beijing against duplicating U.S. hypersonic missile technology or risk facing devastating sanctions. As China intensifies the development of next-generation weapons, the global balance of power is teetering. 🔍 What is really at stake? • Military supremacy • Critical global trade routes • Disruption in the technology and defense sectors driven by sanctions 📉 And the shockwaves don't stop there: sanctions impact more than just governments. They shake supply chains, tech stocks, and even cryptocurrency markets. 🔐 In uncertain times, DeFi can be your refuge: a decentralized path to stability and passive income. ⏳ Tired of watching markets swing with every headline? 📚 Explore how DeFi strategies can help weather the storm. #NODEBinanceTGE #REXOSPREYSolanaETF #BinanceTGE #BinanceHODLerSAHARA #CryptoResilience #GeopoliticalUncertainty
🚨 BlackRock + $XRP ? 🚨 If this rumor turns out to be true, I will dive in headfirst: I will sell the house, relocate the dog, and maybe even negotiate a kidney. Just take me to that rocket. 💸🔥 --- Modified Version: "If this really happens, I will cash everything out." House? Sold. Dog? Relocated. Kidney? On the table. Just send me to the moon already—no delays! 🚀 --- ⚠️ Important Reminder: So far, BlackRock has not filed for a spot XRP ETF. Previous claims—like a $9 trillion investment or fake listings—have proven to be false. Until something official is announced, this remains pure speculation. #BinanceHODLerSAHARA $XRP
Gold soars while Bitcoin falls due to Iran's retaliation threats
4 minutes Author Lockridge Okoth June 13, 2025, 22:31 GMT+0000 Updated by Eduardo Venegas June 13, 2025, 22:35 GMT+0000 Gold prices soared while Bitcoin (BTC) sharply fell, as rising geopolitical tensions sent shockwaves through global markets.
This suggests that investors are rushing towards traditional assets to protect against financial losses, raising concerns about Bitcoin's safe haven status.
Trump will sell his Tesla, says the White House, as the dispute with Musk poses risks for both men His outburst leaves President Trump with a former ally who could politically undermine him and Elon Musk facing the potential loss of billions in government contracts. President Trump is getting rid of his Tesla and has no plans to call Elon Musk, two Trump administration officials said on Friday, as the heated breakup of their partnership left both men, who hurled insults and threats at each other online on Thursday, with a lot at stake. A White House official who spoke on condition of anonymity because the person was not authorized to speak publicly said on Friday that the president planned to sell the red Tesla he said he bought in March. Mr. Trump originally bought the car to show his support for Mr. Musk amid negative backlash over his role in the administration. Administration officials said Mr. Trump showed little interest in engaging with Mr. Musk, even after the billionaire indicated he would be open to de-escalating the fight. Late Thursday, Mr. Musk backed away from a threat to dismantle “immediately” SpaceX’s Dragon spacecraft, which transports NASA astronauts and supplies to and from the International Space Station. A little later, when Bill Ackman, the hedge fund billionaire, posted on social media that the two men “should make peace for the sake of our great country,” Mr. Musk replied: “You are not wrong.” For Mr. Musk, a prolonged dispute with Mr. Trump could be very costly. His companies, including SpaceX, have benefited from billions of dollars in government contracts and were positioned to receive billions more. Mr. Trump threatened on Thursday to terminate those contracts. #TrumpVsMusk $BTC
Binance P2P tightens measures against price manipulation in Venezuela
In a context of increasing exchange rate volatility in Venezuela, the cryptocurrency exchange platform Binance P2P has issued a strong statement announcing "penalties" for those merchants who artificially manipulate the prices of offers. This measure seeks to counteract the inflation of parallel dollar prices, a factor that has led Lara merchants to adopt the euro as a reference currency.
The Binance P2P statement details that repeated practices have been detected that "undermine the transparency and balance of the ecosystem." Specifically, the platform points out two critical points: Creation of ads with prices significantly higher than the market average, with the apparent aim of altering or manipulating the perception of price and misuse of filters to maliciously limit the majority of users, preventing them from making offers.
#Binance Binance P2P enforces measures against price manipulation in Venezuela
In a context of increasing exchange rate volatility in Venezuela, the cryptocurrency exchange platform Binance P2P has issued a strong statement announcing "sanctions" for those traders who artificially manipulate offer prices. This measure aims to counteract the inflation of parallel dollar prices, a factor that has led traders in Lara to adopt the euro as a reference currency.
The statement from Binance P2P details that repeated practices have been detected that "undermine the transparency and balance of the ecosystem." Specifically, the platform highlights two critical points: Creation of announcements with prices significantly higher than the market average, with the apparent goal of altering or manipulating the perception of price and misuse of filters to maliciously limit the majority of users, preventing them from making offers.
Binance P2P has been clear in its warning: "From this moment on, any Maker who publishes an announcement with an artificially inflated price (even if it remains active for a few seconds and claims to have been an 'error') will be subject to sanctions." The platform emphasizes that this behavior not only violates its guidelines but also "negatively affects the trust and proper functioning of the entire P2P community."
The sanctions that may be applied include temporary account blocking, loss of badges and associated benefits, and even suspension or permanent blocking of access to the trading platform. The company reiterates its commitment to maintaining a "fair, safe, and transparent environment for all users," and thanks for the understanding and cooperation to preserve the integrity of the market.
MASSIVE GOLD DISCOVERY 💥 Uganda finds gold! 💎: The country has revealed a huge deposit of 31 million tons of gold ore, valued at an astonishing $12 trillion! 🤯 Potential Impact: - Global Player: Uganda could become a major player in global gold production. - Economic Growth: This discovery could transform Uganda's economy and attract substantial foreign investments. - Market Influence: The finding could influence global gold markets and shape the future of the industry. A New Era for Uganda? 🌟: Will this discovery bring prosperity and economic growth to the country? #MarketRebound
Ethereum receives a million-dollar boost from BlackRock
The largest financial asset management company in the world made a purchase of 52.8 million dollars from its ETF iShares Ethereum Trust (ETHA). by Franco Scandizzo May 24, 2025 Reading time: 4 minutes BlackRock, the world's largest asset manager, took a significant step into the cryptocurrency market by purchasing 52.8 million dollars in ethereum (ETH) through its exchange-traded fund (ETF) iShares Ethereum Trust (ETHA), according to data from the SoSoValue platform.
Here you have a comparison of the prices of BTC and ETH in the last 24 hours:
- **BTC (Bitcoin)**: The price of Bitcoin has shown some volatility, reaching a high of 109,125 USDT and a low of 106,600.64 USDT. Currently, it is around 107,316.50 USDT, indicating a slight decrease from its opening.
- **ETH (Ethereum)**: Ethereum has also experienced fluctuations in its price, with a high of 2,567.38 USDT and a low of 2,463.00 USDT. Its current price is approximately 2,512.77 USDT, reflecting a slight drop from its opening.
Both cryptocurrencies have shown movements within their price ranges, which is common in the cryptocurrency market due to its volatile nature.$BTC $ETH
Microsoft fears Huawei HarmonyOS and takes action: makes Windows Subsystem for Linux Open Source
Microsoft is considered the most valuable company today, holding the top spot among companies with the highest market capitalization. This has been a recent development, as until not long ago, Apple held this position. Microsoft is primarily known for being the developer of Windows, the most popular operating system, but it also operates in other sectors. Now Microsoft has announced that they have decided to make their Windows Subsystem for Linux (WSL) Open Source, responding to the community after nearly a decade.
The quantum computing company D-Wave Quantum surges on the stock market after launching its new product
The small California company rises 25% this Tuesday and accumulates a 130% increase in two weeks. It is worth more than 4.5 billion on the stock market, although it only generates 15 million in revenue. The shares of the California company D-Wave Quantum, a small firm dedicated to quantum computing research, soar 25% this Tuesday on the stock market after the firm officially announced the commercial launch of its most advanced model to date, called Advantage2. The group has accumulated a 130% increase in just two weeks.
Bitcoin sets a record, but analysts expect a higher price....
By Víctor Zapata Bitcoin reaches a new historical peak, but the best is yet to come: the price that analysts expect. Digital Economy May 21, 2025 • 06:15 AM • Digital Economy The image of Bitcoin has changed. More so in the last few hours, reaching a record of $109,767. Once viewed with some skepticism by the "serious investor world," it now attracts heavyweights like JP Morgan, which already allows its clients to buy BTC.
But that's not all: a myriad of corporations, from miners to e-commerce giants, are adding Bitcoin to their reserves, not only as a shield against global uncertainty but also as a strategic play on the digital financial board.
Co-Founder of Ledn: "Before Bitcoin, my most successful investment was shorting the bolívar" Bitcoin holders can now employ a similar strategy by shorting the US dollar and holding onto the harder asset, BTC, said Mauricio di Bartolomeo.
Before discovering Bitcoin BTC €94,217 , Ledn co-founder Mauricio di Bartolomeo found success shorting the Venezuelan bolívar as it rapidly lost value against the stronger US dollar. Now, with the US dollar depreciating against Bitcoin, borrowing against Bitcoin instead of selling it has become a more viable strategy.
"Before Bitcoin, my most successful investment was shorting the bolívar with dollars," di Bartolomeo told Cointelegraph in an exclusive interview at the Consensus conference in Toronto, Canada.
"I was borrowing bolívares and buying dollars with them, holding the strong dollars and having a debt position in the weaker currency," he explained.
The arrival of Bitcoin-backed loans means that investors can now effectively implement the same strategy using a stronger currency as collateral.
Ledn Co-founder: "Before Bitcoin, my most successful investment was shorting the bolívar"
Bitcoin holders can now employ a similar strategy by short-selling the US dollar and holding onto the harder asset, BTC, said Mauricio di Bartolomeo. Before discovering Bitcoin BTC €94,217 , the co-founder of Ledn, Mauricio di Bartolomeo, found success short-selling the Venezuelan bolívar as it rapidly lost value against the stronger US dollar. Now, with the US dollar depreciating against Bitcoin, borrowing against Bitcoin instead of selling it has become a more viable strategy.
Strategy bought 7,390 BTC for USD 765 million and received a class action lawsuit
Michael Saylor's company pocketed another 7,390 Bitcoin last week when prices rose above 100,000 dollars and was also hit by a class action lawsuit, according to the company's latest filing with the SEC. Strategy, formerly MicroStrategy, the largest corporate holder of Bitcoin, acquired nearly USD 765 million in Bitcoin last week. The purchase occurred while the company was facing a class action lawsuit.
According to an announcement on May 19, Strategy acquired 7,390 BTC for approximately USD 764.9 million at an average price just below USD 103,500. Strategy reported a Bitcoin return of 16.3% so far this year. The executive chairman of Strategy, Michael Saylor, gave his usual hint about the purchase in a post on X on May 18.