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Cryptocurrency exchange Bybit has announced a promotional campaign, the 'Fiat & Pay Summer Splash,' offering a shared prize pool of 25,000 USDT. The event runs until mid-July and rewards participants for making qualifying fiat deposits and transactions using Bybit Pay.
The leading cryptocurrency rose nearly 4% on Wednesday, reclaiming the key $60,000 level a day after closing a quarter with a 14% loss. The recovery comes amid persistent pressure from expectations of higher U.S. interest rates and significant outflows from spot Bitcoin ETFs.
Cryptocurrency exchange BTCC has reported a significant increase in futures trading volume, with surges of up to 55% on days preceding Argentina's World Cup matches. The spike is attributed to a promotional campaign linked to its partnership with the Argentine Football Association.
The cryptocurrency Cardano (ADA) experienced a significant price increase on Friday, rising over 10% in its largest single-day percentage gain since late February. The surge pushed its market capitalization to over $6.3 billion.
The price of Bitcoin rose on Thursday, briefly topping $62,000 after a U.S. jobs report came in weaker than expected, leading investors to believe the Federal Reserve may pause interest rate hikes.
Financial technology firm BTSE Group has entered the Indonesian market by launching BTSE Indonesia, a regulated digital asset exchange formed through a joint venture with PT Aset Kripto Internasional.
Bitcoin's price surpassed $62,000 and is set for a weekly increase, buoyed by softer U.S. jobs data and a return to net inflows for spot Bitcoin ETFs. The recovery follows a recent drop below $58,000.
The cryptocurrency EOS experienced a significant drop of over 15% on Saturday, reaching a price of $0.0564. This marked the digital asset's largest single-day percentage loss since July 4.
Bitcoin maintained a price above $62,000 amid light weekend trading, as investors assessed the impact of slowing institutional inflows against continued corporate adoption and the future role of digital assets.
