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business1d ago
#cryptocornerseason2 #bitcoin #kraken #moneygram #tether #cnbctv18market #ethereum #binance #crypto #cryptocurrency | CNBC-TV18
- Bitcoin trades above $81,000 and sits at three-month highs, signaling continued strength in crypto prices.
- April saw the best monthly gains in a year for Bitcoin with ETF inflows near $1.9 billion.
- Kraken teams up with MoneyGram to support crypto-to-cash withdrawals across 100 countries.
- Tether reports first-quarter net profit around $1.4 billion, underscoring growing stablecoin use.
- Strategy firm hints at changing Bitcoin strategy to buy, sell, and trade more actively.
- Bitcoin’s price resilience contrasts with a previous all-time high, remaining about 35% down from peak levels.
- MoneyGram's on-tap network expands local currency access for crypto users via Kraken.
- Crypto inflows show concentration around major buyers, with JPMorgan noted as a key contributor.
- The report references continued attention on stablecoins as a staple segment in crypto markets.
- Kraken's expansion includes local bank deposits and cross-border flows as part of its strategy.
- CNBC-TV18 frames crypto as part of a broader adoption trend in digital finance.
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