Kazakhstan has established a state-backed crypto reserve in partnership with Binance, marking the country’s latest move into digital assets. The initial digital asset in the fund’s portfolio is BNB (BNB), the utility token that drives transactions, fees, and governance on Binance’s blockchain, according to a Monday announcement on the Kazakhstan government’s website. The announcement did…
Key points: Bitcoin’s rally is backed by solid institutional buying in the spot BTC ETFs. A rally above the $95,000 level could be difficult, but analysts’ end-of-year price projections now extend to $200,000. Select altcoins are showing signs of a price bottom. Bitcoin (BTC) price rallied close to the $95,000 resistance level on April 23…
The US Dollar Index (DXY) plunged below the 98 level on April 21, falling to a three-year low. That catapulted gold to a new all-time high, and Bitcoin (BTC) also showed strength, rising above $88,000. BitMEX co-founder and Maelstrom chief investment officer Arthur Hayes believes it may be the “last chance” to buy Bitcoin below…