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The latest crypto coverage from the TrustFinance editorial desk.
Bitcoin rose on Friday as Treasury yields eased, but the cryptocurrency is still on track for a second consecutive weekly decline due to sustained ETF outflows and concerns over high interest rates.
The Arbitrum Foundation is meeting with European financial institutions managing over €800 billion, coinciding with a new WisdomTree report detailing the blockchain's high-margin, royalty-like revenue model from its technology stack.
The cryptocurrency EOS recorded a significant single-day gain of over 11% on Friday, trading near $0.1058, as major digital assets like Bitcoin and Ethereum also advanced.
Bitcoin traded above the key $81,000 level despite a volatile week marked by significant, mixed fund flows from U.S. spot ETFs, signaling investor uncertainty.
The EOS cryptocurrency posted a significant double-digit gain, its best daily performance in nearly a year, even as the broader digital asset market remained relatively stable.
Hardware wallet maker Ledger is investigating a sophisticated physical tampering scheme that has led to an estimated $90 million in stolen digital assets, raising serious concerns about supply chain security.
The price of EOS fell by more than 11% on Sunday, marking its most significant single-day percentage loss in several months and placing it nearly 99.6% below its all-time high.
Bitcoin's price rose on Monday, snapping a two-week losing streak, as a significant drop in global oil prices provided a boost to risk assets. The move was also supported by news of continued corporate accumulation.
EOS saw its price fall by over 12% on Monday, marking its largest single-day drop since the previous session, while market leaders Bitcoin and Ethereum posted modest gains.
