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Circle Unveils cirBTC Token to Expand Bitcoin’s Role in DeFi Ecosystem
Circle has introduced cirBTC, a token designed to bring Bitcoin into DeFi ecosystems with 1:1 backing and on-chain verifiability. The offering aims to address trust issues linked to traditional wrapped tokens while enabling lending, liquidity, and yield opportunities. As the rollout progresses, market participants will track adoption and performanc...
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Bhutan Moves 519 Bitcoin to Multiple Wallets, Including QCP Capital Link
Bhutan has moved 519.7 Bitcoin worth about $36.75 million from its sovereign holdings to multiple wallets, including one linked to QCP Capital. The transfer, identified through on-chain data, has raised speculation about potential selling activity. The move follows a similar transaction earlier this month, highlighting the country’s active approa...
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Crypto Market Holds Firm as Bitcoin Tests Key Resistance Levels
Bitcoin traded near the $74,000 level on Tuesday as the crypto market held firm amid steady institutional demand and ETF inflows. Analysts said accumulation by large investors continues to support prices, though resistance near $75,000 remains a key hurdle. Ethereum and major altcoins showed mixed movement as investors tracked macroeconomic signals...
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Not Gold, Not US Dollar, This Asset Has Surged The Most During Iran War
Since the war has triggered a sell-off of equities (considered riskier), investors are scrambling to park their money in safe-haven assets.
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Bitcoin Price Touches One-Week High Amidst Ongoing Macroeconomic Concerns
Bitcoin traded near the $72,000 level on Friday as improving macro sentiment and steady ETF inflows supported the crypto market. Analysts said US jobless claims meeting expectations helped calm investor concerns, while institutional demand continued to anchor prices. Ethereum and major altcoins also moved higher, though traders remain cautious as k...
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Bitcoin Drops Under $70,000 as Crypto Traders Remain Cautious Amidst Ongoing Geopolitical Tensions
Bitcoin held near the $70,000 level on Wednesday as geopolitical tensions and macro uncertainty kept investors cautious. Analysts said ETF inflows and tight exchange reserves continue to support demand, while derivatives data suggest traders are positioning for potential upside. Ethereum and major altcoins tracked Bitcoin’s sideways movement, as ...
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Bhutan Moves Over $11 Million Worth of Bitcoin From Government Holdings, Arkham Data Shows
Bhutan's government has moved 175 BTC worth about $11.85 million (roughly Rs. 98 crore) from its national crypto holdings to a newly created wallet, according to Arkham Intelligence. Blockchain data indicates the receiving address had previously received Bitcoin from government-linked wallets. Analysts say such movements are often linked to interna...
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Bitcoin Rises Above $70,000 as Crypto Rally Offers Temporary Market Stability
Bitcoin moved back above the $70,000 level on Tuesday as the crypto market showed early signs of stabilisation after recent volatility. Analysts said the rebound reflects cautious consolidation supported by on-chain accumulation and steady institutional interest. Ethereum remains under pressure in a broader downtrend, while major altcoins tracked B...
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Bitcoin Slips as Fed’s Mixed Tone Keeps Market in a Narrow Range
Bitcoin slipped after briefly surging past $94,000 following the US Federal Reserve’s 25bps rate cut, with traders reacting to mixed commentary from Fed Chair Powell. Weak liquidity, inconsistent inflows, and subdued on-chain activity limited the upside. Altcoins also traded more softly as macro sensitivity remained high.
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Bitcoin Price Slips to $85,000 Zone After Liquidation Shock; Crypto Market Eyes US Fed Shift
Bitcoin slipped toward $85,000 (roughly Rs. 76.1 lakh) after a liquidation cluster below $90,000 (roughly Rs. 80.5 lakh) triggered a sharp move lower. The decline pushed BTC near the $87,000 (roughly Rs. 77.8 lakh) zone, where it is attempting to stabilise. Altcoins also weakened, with Solana, XRP, BNB and Dogecoin trading lower. Analysts say the b...
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Circle Unveils cirBTC Token to Expand Bitcoin’s Role in DeFi Ecosystem
Circle has introduced cirBTC, a token designed to bring Bitcoin into DeFi ecosystems with 1:1 backing and on-chain verifiability. The offering aims to address trust issues linked to traditional wrapped tokens while enabling lending, liquidity, and yield opportunities. As the rollout progresses, market participants will track adoption and performanc...
-
Bhutan Moves 519 Bitcoin to Multiple Wallets, Including QCP Capital Link
Bhutan has moved 519.7 Bitcoin worth about $36.75 million from its sovereign holdings to multiple wallets, including one linked to QCP Capital. The transfer, identified through on-chain data, has raised speculation about potential selling activity. The move follows a similar transaction earlier this month, highlighting the country’s active approa...
-
Crypto Market Holds Firm as Bitcoin Tests Key Resistance Levels
Bitcoin traded near the $74,000 level on Tuesday as the crypto market held firm amid steady institutional demand and ETF inflows. Analysts said accumulation by large investors continues to support prices, though resistance near $75,000 remains a key hurdle. Ethereum and major altcoins showed mixed movement as investors tracked macroeconomic signals...
-
Not Gold, Not US Dollar, This Asset Has Surged The Most During Iran War
Since the war has triggered a sell-off of equities (considered riskier), investors are scrambling to park their money in safe-haven assets.
-
Bitcoin Price Touches One-Week High Amidst Ongoing Macroeconomic Concerns
Bitcoin traded near the $72,000 level on Friday as improving macro sentiment and steady ETF inflows supported the crypto market. Analysts said US jobless claims meeting expectations helped calm investor concerns, while institutional demand continued to anchor prices. Ethereum and major altcoins also moved higher, though traders remain cautious as k...
-
Bitcoin Drops Under $70,000 as Crypto Traders Remain Cautious Amidst Ongoing Geopolitical Tensions
Bitcoin held near the $70,000 level on Wednesday as geopolitical tensions and macro uncertainty kept investors cautious. Analysts said ETF inflows and tight exchange reserves continue to support demand, while derivatives data suggest traders are positioning for potential upside. Ethereum and major altcoins tracked Bitcoin’s sideways movement, as ...
-
Bhutan Moves Over $11 Million Worth of Bitcoin From Government Holdings, Arkham Data Shows
Bhutan's government has moved 175 BTC worth about $11.85 million (roughly Rs. 98 crore) from its national crypto holdings to a newly created wallet, according to Arkham Intelligence. Blockchain data indicates the receiving address had previously received Bitcoin from government-linked wallets. Analysts say such movements are often linked to interna...
-
Bitcoin Rises Above $70,000 as Crypto Rally Offers Temporary Market Stability
Bitcoin moved back above the $70,000 level on Tuesday as the crypto market showed early signs of stabilisation after recent volatility. Analysts said the rebound reflects cautious consolidation supported by on-chain accumulation and steady institutional interest. Ethereum remains under pressure in a broader downtrend, while major altcoins tracked B...
-
Bitcoin Slips as Fed’s Mixed Tone Keeps Market in a Narrow Range
Bitcoin slipped after briefly surging past $94,000 following the US Federal Reserve’s 25bps rate cut, with traders reacting to mixed commentary from Fed Chair Powell. Weak liquidity, inconsistent inflows, and subdued on-chain activity limited the upside. Altcoins also traded more softly as macro sensitivity remained high.
-
Bitcoin Price Slips to $85,000 Zone After Liquidation Shock; Crypto Market Eyes US Fed Shift
Bitcoin slipped toward $85,000 (roughly Rs. 76.1 lakh) after a liquidation cluster below $90,000 (roughly Rs. 80.5 lakh) triggered a sharp move lower. The decline pushed BTC near the $87,000 (roughly Rs. 77.8 lakh) zone, where it is attempting to stabilise. Altcoins also weakened, with Solana, XRP, BNB and Dogecoin trading lower. Analysts say the b...
