Bitcoin Surges Past $84K: Key Levels and Market Insights. Sellers of risk assets are taking a breather on Friday, with crypto markets posting sizable gains along with U.S. stocks after a week of lackluster price action. Bitcoin topped $85,000 at one point during U.S. hours and is now trading at $84,400, marking a 4.7% increase…

Innovative Bitcoin Convertible Bond ETF Launches for Investors In a significant development for cryptocurrency investors, REX Shares has introduced a pioneering convertible-bonds exchange-traded fund (ETF) that provides exposure to corporate convertible debt linked to Bitcoin. This fund, named the REX Bitcoin Corporate Treasury Convertible Bond ETF (BMAX), is designed to facilitate investment in the convertible…

Bitdeer Revolutionizes Bitcoin Mining with New ASIC Technology. Application-specific integrated circuit (ASIC) chips are the backbone of the Bitcoin (BTC) mining industry. These specialized machines are designed to solve Bitcoin’s SHA-256 algorithm as quickly as possible, enabling miners to collect block rewards efficiently. One of the most popular ASIC machines, the Antminer S19, is capable…

Euler’s V2: A Resilient Comeback in DeFi Lending. Euler, a decentralized finance (DeFi) protocol, has made significant strides in the crypto lending space, boasting hundreds of millions of dollars under management. While this figure may pale in comparison to Ethereum’s lending giants like Aave, Euler’s resurgence is remarkable, especially considering its near collapse just two…

Russia Embraces Crypto to Evade Western Sanctions on Oil Trade. In a significant shift in its economic strategy, Russia has turned to cryptocurrencies to facilitate oil trade with major partners like China and India. This move aims to effectively bypass the stringent Western sanctions imposed on its lucrative $192 billion oil sector. According to sources…

CoinDesk 20 Index Performance Update. The cryptocurrency market is witnessing a significant uptick, as evidenced by the latest performance update of the CoinDesk 20 Index. This index, which tracks the performance of the top twenty digital assets, has recorded a notable gain of 3.3%. This positive trend reflects a broader resurgence in the crypto market,…

ZKsync Ends Liquidity Rewards Program Amid Market Decline. In a significant move reflecting the current state of the cryptocurrency market, the layer-2 network ZKsync has announced the termination of its Ignite Program, which was designed to reward users for providing liquidity. This decision comes as the market faces bearish conditions, prompting the DeFi Steering Committee…

Gold Surges Past $3000: Will Bitcoin Follow Suit Soon? In a remarkable turn of events, spot gold has surged past the $3,000 mark for the first time, before slightly retreating to $2,990. This significant milestone has captured the attention of investors and analysts alike, as gold futures for April delivery also broke the $3,000 threshold…

S&P 500 Correction: Implications for Bitcoin Investors. The S&P 500 has officially entered correction territory, defined as a decline of 10% from its all-time high. This significant downturn raises questions about the future of various assets, particularly Bitcoin. As we delve into the historical context and the current market dynamics, it becomes crucial to understand…

Gold’s Historic Rally Revives Bitcoin’s ‘Store of Value’ Debate. Welcome to Crypto Daybook Americas, your essential morning briefing on the latest happenings in the crypto markets. Delivered to your inbox at 7 a.m. ET, this newsletter provides comprehensive insights into overnight developments and what to expect in the coming day. If you haven’t subscribed yet,…