Wednesday, April 9, 2025
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Bitcoin price data suggests bulls will succeed in holding $30K as support this time

Bitcoin (BTC) has been trading above $31,000 after its 24.3% rally between June 15 and June 23, which caught many off guard. For bears, that meant facing $165 million in short futures contract liquidations, but the unexpected rally also brought some degree of discomfort for investors using Bitcoin derivatives.Inflation remains

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Bitcoin BTC Price Climbs Past $27.2K but Remains in Holding Pattern as Investors Continue Their Debt Limit Vigil

Ether (ETH) also remained in its two-week range, changing hands at $1,850, up roughly 1.6% over 24 hours. Most other major cryptos were in positive territory, albeit not by much, with APT and SOL, the native tokens of the Solana and Aptos smart contracts platforms, recently rising 3.8% and 2.1%,

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PacWest Bancorp Mulls Sale of Entire Holding Company amid 80% Stock Drawdown since March

Los Angeles-based PacWest is considering several strategic options, including a sale, amid a banking crisis-induced stock plunge. Bank holding company PacWest Bancorp is reportedly mulling a sale following Wednesday’s 50% stock crash. The regional bank is weighing strategic options amid the US banking crisis, which sank three financial institutions in

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FTX sells LedgerX for $50M to affiliate of Miami-based exchange holding company

FTX announced that it has entered into a purchase agreement with an affiliate of Miami International Holdings to sell its futures and options exchange and clearinghouse LedgerX. FTX said in a statement that the total proceeds of the transaction would total about $50 million. The deal still requires the approval of

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