Since September, the market has absorbed over 1 million bitcoins, while the price has gone from around $60,000 to over $100,000.

BTC, ADA Price News: Bitcoin Slumps Further as Traders Await Friday Veri

The ETFs bleed money as renewed U.S. inflation fears dent Fed rate cuts and boost bond market volatility

A “descending triangle” pattern in technical analysis points to bigger gains for the top-performing major token.

Backpack, which announced its acquisition of the European arm of bankrupt exchange FTX on Monday, has not been authorized by FTX to make any distributions to any FTX customers or other creditors, the FTX bankruptcy estate said.

Also: Ripple’s Chainlink deal; Pyth partners with Revolut

The upgrade from Jump Crypto could drastically boost transaction throughput, helping Solana support legacy financial markets.

The native token of the XRP Ledger rose more than 2% on Wednesday while most of the rest of the crypto sector saw steep losses.

Mining stocks including WULF, BTDR, IREN and HUT dropped over 5%, while BTC holder medical devices firm Semler Scientific plunged 10%.

Prosecutors are currently working to unlock four of Kwon’s cell phones provided by Montenegrin authorities.