Crypto News
$280 Million in Crypto Shorts Liquidated as Bitcoin Tops $110K
BTC short liquidations topped $101 million as the leading cryptocurrency touched $110,000 Thursday morning.Source link
Crypto Daybook Americas: Bitcoin Tops $110K as Jobs Report Looms
Crypto Daybook Americas will not be published on Friday owing to the July 4 holiday. It will return on Monday. Wishing our U.S. readers a happy Independence Day.By James Van Straten (All times ET unless indicated otherwise)Bitcoin BTC hit $110,000 for the first time since June 11 and is now within striking distance of its $112,000 all-time high, which was recorded on May 22.Bitcoin dominance has slipped from its June 22 high of just over 66% and now stands a bit above 65%. This figure reflects bitcoin’s market capitalization relative to the entire crypto market. Currently, bitcoin boasts a market cap of $2.2 trillion.Today's major economic event is the release of the U.S. jobs report. Nonfarm payrolls are expected to...
Rex Shares Debuts First Staked Solana ETF in the US
The fund invests in a combination of spot solana, other solana funds, and liquid staking tokens such as the popular JitoSOL. Rex Shares Rolls out First Solana Exchange-Traded Fund (ETF) in the U.S. With Staking ETF provider Rex Shares and crypto investment firm Osprey Funds have launched the first spot solana ( SOL) ETF inSource link
Bitcoin Tops $110K; BONK, FARTCOIN Climb More Than 20%
Bitcoin BTC topped the $110,000 mark for the first time since June 11 after more than $407.78 million flowed into U.S.-listed bitcoin spot ETFs on Wednesday and before a key U.S. jobs report due later in the day.The ETF inflow boosted the lifetime tally to $49.04 billion, according to data source SoSoValue. BTC's upswing brought cheer to the broader market, lifting major tokens such as XRP (XRP), ether (ETH), SOL (SOL) and ADA (ADA). Standout gainers were memecoins BONK and FARTCOIN, which boasted 24-hour gains of over 20%, a sign of increased investor willingness to take risk. The CoinDesk Memecoin Index gained 12.6% while the CoindDesk 20 Index of the largest tokens rose 4.3%.Traders are looking toward the U.S. nonfarm...
IMF Rejects Pakistan’s Bid to Subsidise Power for Crypto Mining
The IMF hasn’t agreed to crypto power subsidies yet, but Pakistan is working with the World Bank and others to refine the plan.Source link