News list for " and beyond"
According to @BTCTN, stablecoins are growing rapidly in sub-Saharan Africa. In 2024, stablecoins will account for 43% of cryptocurrency transactions, more than double the share of bitcoin (18.1%). Retail and professional transactions are both thriving. Small retail transactions (below $1,000): up 12.6% Professional Trading (10,000 to $1 million): Up 60.4% Institutional ($10 million and above): Up 0.2%
Spot gold rose to $2,740 an ounce for the first time since November 6 last year, up 1.20% in the day.
Bitcoin returned to $100,000 for the first time since December 20, 2024; U.S. stocks of cryptocurrency concepts rose, Coinbase rose more than 4%, MicroStrategy rose nearly 3%.
Ethereum broke through $3,600/piece for the first time since December 19, rising 4.18% in the day. Bitcoin is now up 1.4% at $98,413/piece.
Brent crude oil fell to $72 a barrel for the first time since December 11, falling 0.40% in the day. WTI crude oil fell 0.51% to $68.78 a barrel.
Spot gold fell below the $2,600 mark for the first time since September 20.
According to Lookonchain monitoring, a patient trader bought 568.5 BTC (~ $23.55 million) at $41,420 on April 11, 2022, and then BTC entered a bear market. After holding for a long time, the trader has now realized a profit of about $14.20 million. However, the 5,734 ETH (~ $21.73 million) it bought at $3,789 in December 2021 is still losing $6.13 million.
Spot silver rose to $31 an ounce for the first time since July 17, up nearly 1% in the day.
NVIDIA (NVDA. O) widened its decline to 8 percent, its lowest level since August 13.
Bitcoin has been trading at a premium in South Korea since October 30, 2023, only to fall into negative territory on August 22, 2024. According to Cryptoquant.com, the price of BTC was around $60,500 per coin that day, climbing to $64,000 in two days. Although the price in South Korea was at one point 0.36% below the global average on August 22, the decline was short-lived.
