Bitcoin’s surge to $82,700 has sparked excitement, but trading experts warn this could be a classic bull trap as market makers offload positions and China prepares potential retaliation in the escalating trade war.
Digital asset manager 21Shares has filed for a spot Dogecoin ETF with the SEC, following similar moves by Bitwise and Grayscale, with the Dogecoin Foundation’s House of Doge supporting the marketing efforts.
PayPal continues its blockchain strategy by adding Solana and Chainlink to its digital asset lineup, bringing its total supported cryptocurrencies to seven while reinforcing its position as a bridge between traditional finance and crypto ecosystems.
Bitcoin has shattered previous records by reaching $88,000, fueled by Trump’s election victory and pro-crypto stance, leading investors to speculate about an impending “altseason” that could trigger massive gains across alternative cryptocurrencies.
Bitcoin has reached an unprecedented $80,000 milestone amid a broader cryptocurrency rally following Donald Trump’s election victory, with his pro-crypto stance and promises of a national Bitcoin reserve driving investor confidence across the digital asset market.
exSat Network, a Singapore-based Bitcoin scaling solution, introduces staking services for BTC holders with $488 million in total value locked, offering yield opportunities through its native XSAT token.
XRP experiences a dramatic 54% surge in trading volume, reaching $1.04 billion, as the cryptocurrency market shows signs of recovery following a massive $225 million liquidation event, with the token’s price climbing 2.29% to $0.512.
Eastern Europe has established itself as the world’s fourth-largest cryptocurrency market, with DeFi transactions accounting for 33% of the region’s $499 billion crypto value flow between July 2023 and June 2024, according to Chainalysis data.
Shiba Inu (SHIB) and Ripple (XRP) present compelling investment opportunities through ecosystem expansion and institutional adoption respectively, with both cryptocurrencies positioning themselves for potential ETF launches and increased market presence.
The Golden State Warriors have named Coinbase as their official cryptocurrency platform partner, marking a bold return to crypto partnerships despite ongoing legal challenges from their previous FTX sponsorship and Coinbase’s current SEC lawsuit.
