Bitcoin Shows Lower Volatility Than S&P 500 and Nasdaq, Surprising Analysts — Galaxy
In a rare market development, Bitcoin outperformed expectations in April — not just with impressive gains, but also with a level of stability that undercut major traditional indexes. Analysts at Galaxy Digital reported that Bitcoin’s realized volatility over the last 10 trading days dropped to 43.86, below the S&P 500’s 47.29 and the Nasdaq 100’s […]
Dubai Partners with Crypto.com to Roll Out Crypto Payments for Government Services
Dubai has teamed up with cryptocurrency exchange Crypto.com to allow digital asset payments for a variety of government services. The partnership was announced during the Dubai Fintech Summit on May 12 and forms a key part of the city’s wider plan to go completely cashless. The Dubai Department of Finance (DOF) explained that this initiative […]
Over $1 Billion in Bitcoin Withdrawn from Coinbase Amid Institutional Surge
Coinbase, the third-largest crypto exchange globally, saw a major Bitcoin exodus on May 9, marking the largest single-day outflow of BTC for 2025 so far. According to André Dragosch, head of European research at Bitwise, a total of 9,739 BTC—valued at more than $1 billion—left the platform on that day alone. He highlighted this as […]