Crypto News

Spain’s Second-Largest Bank BBVA To Offer Customers Bitcoin, Ethereum Trading

The service will eventually be available to all customers of the 150-year-old bank, which is among Europe’s largest.Source link

Gold Bug Peter Schiff Launches Strategic Bitcoin Reserve Initiative ‘Like a True HODLer’

After the launch of his strategic bitcoin reserve, Schiff has received over $4,500 worth of BTC in donations. The gold bug and bitcoin critic stated that this exercise will show “why a bitcoin reserve is a bad idea.” Bitcoin Critic Peter Schiff Launches Strategic Bitcoin Reserve and Crypto Stockpile Initiatives Peter Schiff, the well-known goldSource link

Binance Bans Market Maker Over ‘Misconduct’ With GPS, SHELL Tokens

The crypto exchange has confiscated illicit profits from a market maker involved in misconduct with GPS and SHELL tokens.Source link

Deja Vu Grips Crypto Market as BTC Mirrors Price Action Seen After U.S. Bitcoin ETF Launch:...

Since President Trump was inaugurated on Jan. 20, bitcoin (BTC) has dropped from $109,000 to $80,000, making it a classic "sell the news" event. The correction has continued since the digital assets summit on Friday. While the price action may dictate short-term bearishness, bitcoin bulls could view it as a long-term positive catalyst, as the U.S. administration has shifted from a hostile stance under the previous administration to a more favorable one. However, the lack of immediate buying pressure suggests short-term weakness.A similar price action occurred during the much-anticipated launch of U.S. spot bitcoin ETFs in January 2024. From October 2023 to January 2024, bitcoin surged from $25,000 to $49,000—over a 40% rally. However, the launch marked a local top,...

Bitcoin, Ethereum Funds Have Lost $4.7 Billion in the Past Month: CoinShares

"Although this indicates a slowdown in the pace of outflows investor sentiment remains bearish," wrote CoinShares Head of Research James Butterfill.Source link