Skip to main content

MEXC Exec Warns: Capital Is Fleeing the Old Guard — Bitcoin Stands Firm

MEXC Exec Warns: Capital Is Fleeing the Old Guard — Bitcoin Stands FirmWhile macroeconomic ripples reverberate through global markets, long-dated bond yields have been steadily climbing—stoking further anxiety among investors. At the same time, Tracy Jin, COO of the crypto exchange MEXC, notes that as U.S. Treasuries fall out of favor amid ballooning yields and mounting debt obligations, bitcoin’s impartial nature and fluid convertibility are positioning it […]

from Bitcoin News https://ift.tt/0HVSUJ6

Comments

Popular posts from this blog

Wallet Bot on Telegram Adds Bitcoin Support to Web Interface Following Tether Integration 

Telegram users can now buy, sell, and send bitcoin, as the leading cryptocurrency has been integrated into the Wallet bot on the popular messaging application. The bitcoin support follows the wallet’s recent tether integration, which enables users to transact with the stablecoin as well. Over a Billion Telegram Users Can Now Transfer Bitcoin in Chats On Friday, April 21, the @wallet bot on Telegram announced the addition of bitcoin (BTC) support to its web interface. The development team explained that previously, the leading cryptocurrency by market capitalization was only accessible in the text bot. “Now, all @wallet users will be able to take full advantage of our web interface,” the announcement on Telegram details. Telegram is extremely popular among cryptocurrency users, and according to a report from April 2023, the messaging app has an estimated 1.068 billion users. Bitcoin.com News confirmed that BTC has been added, as our publication tested the @wallet bot on Telegram...

Bitcoin ETFs Snap 10-Day Streak: $93M Flees as Fidelity’s FBTC Takes the Hit

Data compiled Friday revealed a striking reversal for spot bitcoin exchange-traded funds, which snapped a ten-session inflow streak with a $93.16 million exodus—marking their first day of negative movement. Bitcoin ETFs Drain While Ether ETFs Gain The abrupt shift punctuated a previously unbroken stretch of positive momentum for U.S. bitcoin ETFs, culminating in a $93.16 […] from Bitcoin News https://ift.tt/Q1xgKWA

Bitcoin Miner Greenidge Files Legal Complaint Against New York Regulator, Reports Q2 Earnings

Greenidge Generation Holdings Inc. has initiated legal action against the New York State Department of Environmental Conservation, challenging the denial of its air permit renewal. The company also reported its second-quarter financial results, highlighting cost reductions and ongoing business transformation. Greenidge Generation Challenges New York Permit Denial, Reports Q2 Performance Greenidge Generation Holdings Inc. filed […] from Bitcoin News https://ift.tt/0JI3BYp