Bitcoin rallied to a new 13-month high above $31,500 early Thursday morning before sizably pulling back. Bitcoin Cash, meanwhile, is seeing a double-digit percentage advance. $BCH LedesmaLyllah and godbole17 report in First Mover Americas
on EDX Markets which is backed by Fidelity, Charles Schwab and Citadel Securities. Gains could continue in July as data from TradingView shows this month is historically a good one for cryptos. One year ago in July, BCH rose 34%, while BTC advanced 17%.crypto, specifically bitcoin, could revolutionize the financial system in an interview with Fox Business on Wednesday.
In an interview with CoinDesk Japan, Allaire said that if stablecoins become more widely used for cross-border trade, foreign currency transactions and global commerce, Japan will become an extremely large market. Japan's stablecoin bill makes it one of the first countries to establish a framework for the use of overseas stablecoins, which Allaire considers “the most important thing the government and the Financial Services Agency have done.
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First Mover Americas: Cryptocurrency Trading Volumes Increase for First Time in Three MonthsCrypto trading volumes rose in June for the first time in three months amid optimism following the filing of spot bitcoin exchange-traded-fund (ETF) proposals by BlackRock and others. LedesmaLyllah and godbole17 report in First Mover Americas
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First Mover Asia: Bitcoin Holds Above $30.5K at the End of a Quiet, Long WeekendAs the U.S. has been off for an extended long weekend, markets were soft as Asia began its Wednesday trading day. Bitcoin was down 1.1% to $30,807, while ether was down 0.8% to $1,939. TheSamReynolds writes
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First Mover Asia: Bitcoin Near $30.5K Remains Cool to BlackRock CEO Comments, Hawkish FOMC MinutesBitcoin was holding steady at its perch comfortably above $30K, unmoved by BlackRock CEO Larry Fink's crypto-friendly comments, and other potential price catalysts – (up or down) just as it's been the past 2 weeks. JPRubin23, TheSamReynolds write
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Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to Fresh 1-Year High Above $31,000 – Bitcoin NewsBitcoin moved back above the $31,000 level on July 4th, as U.S. traders celebrated the Independence Day holiday.
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Coinbase Shares Skyrocket Over 30% After Nasdaq and Cboe Amend Bitcoin ETF Applications – Bitcoin NewsCoinbase shares experienced a significant surge, rocketing over 30% this week as Nasdaq and Cboe refiled spot bitcoin ETF applications.
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New BRC69 Token Standard Promises 90% Savings for Bitcoin's Ordinal Inscriptions – Technology Bitcoin NewsWhile Ordinal inscriptions continue to rise, nearing the 15 million range, a new token standard for Bitcoin was revealed on July 3 called BRC69.
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