IMF Urges Nepal Monitor Crypto as Usage Rises Despite Ban
In brief The IMF said crypto flows in Nepal grew markedly between 2019 and 2024 despite a legal ban, peaking above 13% of GDP in...
Tag : rises
Bitcoin rises despite US inflation hitting 3-year high: Where will BTC price go?
Bitcoin (BTC) erased its intraday losses and rose by around 2.5% to $62,410 immediately after the US inflation report, even as the headline Consumer Price...
Bitcoin open interest rises as price drop raises squeeze risk
Bitcoin traders are watching a tense derivatives setup after on-chain analyst Maartunn pointed to a drop in BTC price while open interest moved higher. Summary...
Bitcoin enters cooldown phase under $75K as ‘active distribution’ rises
Bitcoin’s drop below $73,000 on Wednesday marks a short-term turning point for the market, as multiple BTC distribution signals point toward rising sell-side pressure. While...
Bitcoin Rally Cut Short as Profit-Taking Rises, US Demand Falls: CryptoQuant
In brief Bitcoin’s price recently fell short of topping its 200-day moving average, the average closing price over the period. The move mirrors its activity...
Circle Q1 revenue rises 20% as Arc secures $3B valuation
Circle reported $694 million in total revenue and reserve income for the first quarter of 2026, up 20% from the same period last year. Summary...
Bitcoin Holds Above $79K as Oil Rises on Hormuz Tensions; Bitcoin Hyper Presale Reaches $32.6M
Bitcoin remained hyper above $79,000 on Friday, 8 May 2026, even as fresh military exchanges between the U.S. and Iran in the Strait of Hormuz...
Jack Dorsey’s Block rises despite first quarterly loss in years
Block Inc. shares rose after the payments company reported stronger adjusted earnings for Q1 2026, even as its Bitcoin business weakened and the firm posted...
Block Inc rises 8% as Q1 gives ‘earnings surprise’ despite Bitcoin dip
Jack Dorsey’s payments firm Block rose 7.9% in after-hours trading as its Q1 earnings surpassed analyst estimates, despite posting its first loss in three years....
Tether Gold tops $3.3B as demand for bullion-backed tokens rises
Tether’s tokenized gold product, Tether Gold (XAUt), saw reserves expand sharply in the first quarter as investor demand for bullion increased amid macroeconomic uncertainty ahead...