EOS Surges Over 11% in Outlier Move Against Broader Crypto Market
EOS posted a double-digit percentage gain on Tuesday, marking its largest one-day jump in recent sessions, even as market leaders like Bitcoin and Ethereum traded lower.
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Crypto
The latest crypto coverage from the TrustFinance editorial desk.
Latest in Crypto
Bitcoin Slips Below $82,000 as High Oil Prices and Fed Jitters Weigh on Markets
The world's largest cryptocurrency faced downward pressure amid broader market risk aversion, fueled by a five-month high in oil prices and investor caution ahead of the Federal Reserve's upcoming policy meeting.
Bitget to Acquire Licensed Thai Crypto Exchange from GMO Internet Group
Cryptocurrency exchange Bitget has agreed to purchase a licensed Thai digital asset platform from Japan's GMO Internet Group, marking a strategic move to establish a regulated presence in Southeast Asia.
Bitcoin Rises to $83,400, but Gains Capped by Oil Prices and Macro Uncertainty
Bitcoin edged higher on Wednesday amid positive sentiment from the U.S. earnings season, but the rally was constrained by elevated oil prices and persistent macroeconomic headwinds that are dampening investor risk appetite.
EOS Jumps Over 10%, Posting Largest Daily Gain Since Previous Session
The cryptocurrency EOS recorded a double-digit percentage increase on Wednesday, its most significant single-day jump since the prior trading day, amid broader gains in the digital asset market.
Bitcoin Retreats to $82,000 as Tech Sell-Off, Oil Surge Dampen Risk Appetite
Bitcoin's brief rally faltered as a global tech stock sell-off and rising oil prices fueled investor concerns over inflation and interest rates, pushing the cryptocurrency back below $83,000.
Bitcoin Rallies Past $84,000 as Tech-Led Risk Appetite Returns
Bitcoin's price surged to an intraday high of $84,853, driven by a broader market shift towards risk assets following strong tech earnings. The move is supported by renewed inflows into spot ETFs and bullish activity in the options market.
Tokenized Stock Trading Surges Past $370 Billion in Q3 Amid Broader Crypto Cooldown
On-chain trading of tokenized stocks and ETFs topped $370 billion in the third quarter, according to Dune Analytics, as institutional adoption and regulatory clarity fuel growth in a niche that is outpacing the broader crypto market.
Sygnum Bank Launches Multi-Signature Bitcoin Loans as BTC Collateral Surges
Swiss digital asset bank Sygnum has launched MultiSYG, a new Bitcoin-backed loan product using multi-signature wallets, as BTC now makes up over 80% of its loan collateral.