TrueX, a cryptocurrency exchange, has announced the adoption of PayPal’s PYUSD stablecoin as its default settlement currency. Founded by two former Coinbase executives and developed by its parent company, True Markets, the platform is set to launch trading features in the coming weeks, initially offering spot trading for several major cryptocurrenc

According to data from Coinglass, if Bitcoin surpasses the $64,000 mark, the total liquidation pressure for short positions on major centralized exchanges (CEXs) could reach as high as $540 million. Conversely, if Bitcoin drops below $60,000, the liquidation pressure for long positions on these exchanges could amount to $708 million. This liquidati

Bitcoin saw its largest intraday gain in over a month on Tuesday, driven by growing expectations that the Federal Reserve may soon reduce interest rates. The cryptocurrency surged as much as 6.4%, reaching $61,337, marking its most significant increase since August 8. Other cryptocurrencies, including Ethereum, Dogecoin, and Solana, also experience

On September 19, the Federal Reserve officially announced a 50 basis point cut in the federal funds rate, lowering it to a range of 4.75%-5.00%. This marks the first rate cut since March 2020. Following the news, the crypto market saw a significant surge, with BTC surpassing $62,500, outperforming both U.S. stocks and spot gold. […]

Cryptocurrency exchange Bitget has inked a new partnership with Spain’s top-tier football league, LALIGA, becoming its official crypto partner for Eastern, Southeast Asian, and Latin American regions. The collaboration, unveiled at the Token2049 event in Singapore, marks Bitget’s move into the sports sector across emerging markets. Bitg

Today, history was made as President Donald Trump became the first US president to make a Bitcoin payment. WATCH: 🇺🇸 DONALD TRUMP MAKES FIRST #BITCOIN TRANSACTION AT NYC BAR pic.twitter.com/rAjae6agH1 — Bitcoin Magazine (@BitcoinMagazine) September 18, 2024 The former President showed up to PubKey, a Bitcoin-themed bar located in the heart of Green

Louisiana State Treasurer, John Fleming, M.D. has announced that the state government will now accept Bitcoin, Bitcoin Lightning Network, and USD Coin, as a valid form of payment for state services. The first cryptocurrency payment was made to the Louisiana Department of Wildlife and Fisheries today. BREAKING: 🇺🇸 Louisiana state government now acce

Fractal Bitcoin is a recently launched project that bills itself as “the only native scaling solution completely and instantly compatible with Bitcoin. In essence it is a merge mined system portraying itself as a second layer sidechain for Bitcoin, where multiple levels of “sidechains” can be stacked on top of each other. So think of […]

The Federal Reserve made a significant decision today by cutting interest rates by 50 basis points, lowering the federal funds rate target range to 4.75%-5%. The move, the first substantial cut in over four years, reflects concerns over the state of the U.S. economy, despite continued reported economic expansion. BREAKING: 🇺🇸 Federal Reserve cuts i

BingX simplifies futures trading for both beginners and pros. Follow this guide to learn how to trade futures on BingX in 2024, manage leverage, and apply risk management strategies. The post How to Trade Futures on BingX appeared first on Coinbackyard.