Cryptocurrency exchange Bybit has introduced its virtual Bybit Card in Peru, enabling users to spend their digital asset holdings in both Peruvian Soles and U.S. Dollars and offering promotional rewards to new customers.
A U.S. bankruptcy judge has ruled that the state of California cannot seek monetary damages from the company that acquired 23andMe's assets, citing the terms of its Chapter 11 reorganization plan.
The leading cryptocurrency is poised for a weekly gain, buoyed by renewed institutional demand for spot ETFs and macroeconomic data that has eased fears of a near-term Federal Reserve rate hike.
Wheat futures on the Chicago Board of Trade rose to their highest level in six weeks as the market anticipates the U.S. Department of Agriculture will lower its forecast for domestic ending stocks. Global supply concerns, including a reduced EU production outlook, also provided support.
The cryptocurrency EOS recorded its most significant single-day percentage increase in over six months, though it remains substantially below its 2018 peak. The rally outpaced modest gains seen in market leaders Bitcoin and Ethereum.
The price of Bitcoin gained on Thursday after a U.S. labor market report came in significantly below expectations, leading investors to scale back bets on a near-term Federal Reserve interest rate hike.
The leading cryptocurrency is poised for a weekly advance, supported by macroeconomic data that has eased fears of a Federal Reserve rate hike and a return to net inflows for U.S. spot Bitcoin ETFs.
JPMorgan analysts caution that MicroStrategy's new strategy, which allows for the sale of its Bitcoin holdings, introduces significant uncertainty and potential risk to the broader cryptocurrency markets.
Fitch Ratings has affirmed BlackRock TCP Capital's 'BB' rating but revised its outlook to Negative, citing concerns over elevated non-accrual loans and a weaker asset coverage cushion despite stabilizing leverage.
