Bitcoin Faces Stiff $118K Resistance as ETF Inflows Fuel Bullish Outlook
Bitcoin’s latest rally has stalled below a crucial resistance level, as spot exchange-traded funds (ETFs) continue to see strong inflows that could provide the necessary momentum for a breakout. On Monday, spot Bitcoin ETFs recorded $260 million in inflows, extending a six-day streak that has brought total capital inflows to
Amex Unveils Blockchain Travel App with Digital Stamps
American Express (Amex) is stepping firmly into the Web3 era with the launch of a blockchain-integrated travel app, offering card members digital “travel stamps” minted as NFTs. The initiative seeks to blend nostalgia with innovation, creating a seamless and premium travel experience for its users. Blending Nostalgia and Blockchain For
PayPal Expands Peer-to-Peer Payments with Bitcoin, Ethereum and PYUSD
PayPal has unveiled a significant update to its payments ecosystem by integrating Bitcoin, Ethereum and its own stablecoin, PayPal USD (PYUSD), into its new peer-to-peer (P2P) payment flow. The development allows users in the United States to send and receive cryptocurrency directly through the PayPal app, marking a bold move
Avalanche Targets $1 Billion Raise Amid AVAX Price Surge
The Avalanche Foundation, the non-profit behind the Avalanche blockchain, is working on a bold fundraising initiative aimed at raising up to $1 billion. The organisation is in advanced discussions with investors to establish two cryptocurrency-hoarding investment vehicles in the United States. These entities are intended to purchase discounted AVAX tokens
CPI Data Pushes Bitcoin Toward $120K, But Risks Linger
Bitcoin surged to near $115,000 on Thursday after the release of fresh United States inflation data, as traders debated whether the flagship cryptocurrency would retest support or accelerate into price discovery. While the Consumer Price Index (CPI) came in broadly in line with expectations, market reactions highlighted both optimism for
Bitcoin Rises Above $113K as Soft US PPI Fuels Rate Cut Bets
Bitcoin surged past the $113,000 mark on Wednesday as softer-than-expected US inflation data buoyed investor sentiment and boosted bets on more aggressive monetary easing from the Federal Reserve. The Producer Price Index (PPI) for August came in weaker than forecasts, fuelling speculation that the Fed could deliver a larger rate
Binance Teams Up with $1.6 Trillion Giant Franklin Templeton
Binance, the world’s largest cryptocurrency exchange by trading volume, has entered into a landmark partnership with Franklin Templeton, one of the leading global investment firms, to develop tokenized securities and expand blockchain-driven financial infrastructure. The collaboration, announced this week, signals a major step in bridging traditional finance with decentralised markets
Eric Trump Removed from Alt5 Sigma Board
Eric Trump has been quietly shifted from a planned board role at fintech firm Alt5 Sigma to a mere board observer, following undisclosed consultations with the Nasdaq Stock Market. The change emerged in a recent SEC filing, which stated that the adjustment was made “after discussion with The Nasdaq Stock
U.S. Bitcoin Reserve Is a ‘Top Priority’: Patrick Witt
Patrick Witt, the newly appointed executive director of the President’s Council of Advisers on Digital Assets, has stepped into his role with urgency, declaring that the White House will push hard for comprehensive crypto legislation. His comments come at a pivotal moment, as the U.S. government seeks to finalise market
3 Crypto Stocks to Watch as Market Sentiment Improves
The global cryptocurrency market showed signs of renewed strength last week, with overall capitalisation rising by about 3%. This recovery in sentiment, fuelled by stronger ecosystem updates and positive institutional news, has placed a spotlight on crypto stocks. Among the stocks drawing particular investor interest this week are HIVE Digital
