Long-term Bitcoin (BTC) holders are accumulating more coins, reading from the decreasing balances on top exchanges. On Aug. 31, data from Glassnode, a blockchain analysis firm, reveals that the amount...
Category: Bitcoin
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Bitcoin Price (BTC) Little-Changed at $26K as Unemployment Rate Rises to 3.8%
It’s been a rough week for bitcoin, which surged to above $28,000 Tuesday following Grayscale’s court victory over the SEC in that company’s quest to convert its Bitcoin Trust (GBTC)...
Bitcoin Velocity Hits Lowest Point Since 2020, Bull Market Hopes Fade
Recent data from CryptoQuant suggests that the road to a sustained bull run might be longer than expected. The term “BTC Velocity” has taken centre stage, referring to the pace at which Bitcoin is cha...
BlackRock Made To Wait As SEC Delays Decision On Bitcoin ETFs
The United States Securities and Exchange Commission has stated that it is delaying its decision on spot bitcoin applications until at least mid-October. The likes of Fidelity, BlackRock, VanEck, Wis...
Bitcoin ETF Guide | Analyzing The Latest News on Crypto ETFs, Grayscale, and the SEC
The cryptocurrency landscape is ever-evolving, but one topic that continually draws interest is the emergence of crypto ETFs. Especially when giants like Bitcoin and Ethereum are involved, news around...
26K Bitcoin Options With Max Pain At $27K, Experts Predict Bullish Future
Key Points: Bitcoin options worth $690 million with 26k BTC and a max pain point of $27,000 are expiring. ETH options worth $230 million with 143k expiring options and a max pain of $1,700 are also ex...
SEC Delays Ruling on Spot Bitcoin ETF From BlackRock & Others
The U.S. Securities and Exchange Commission (SEC) has delayed all of the seven spot Bitcoin ETF applications from BlackRock, Invesco, WisdomTree, and others. The development comes on the expected line...
Bitcoin Price Back To Square One, Why This Could Be A Bearish Signal
Bitcoin price trimmed all gains and tested the $25,650 zone. BTC is now at risk of a fresh decline toward the $24,500 level in the near term. Bitcoin started a fresh decline below the $26,500 and $26,...
Cathedra Bitcoin Announces Results of Annual General Meeting
TORONTO–(BUSINESS WIRE)–$CBIT #Bitcoin–Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQB: CBTTF) (“Cathedra” or the “Company”), a diversified bitcoin mining company, is pleased to announce the results of its ...
Bitcoin whales make waves by snapping up more coins despite summer price stabilization
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To man...
SEC delays on approving applications for spot Bitcoin ETF
The US Securities and Exchange Commission has decided to further the timeframe for coming to any conclusion regarding the applications it has received from Invesco, Wisdom Tree, and Valkyrie. The matt...
Robinhood Wallet Expands Crypto Offering to Add Bitcoin, Dogecoin, and Ethereum Swaps
Robinhood Wallet, a multi-chain, self-custody, Web3 wallet, has expanded its offerings to include support for Bitcoin (BTC), Dogecoin (DOGE), and in-app Ethereum (ETH) swaps. The move follows its glob...
Could The Grayscale Court Victory Backfire On Bitcoin? Experts Weigh In
After suffering defeat against Grayscale in court, the Securities and Exchange Commission (SEC) is faced with a difficult decision on how to handle the wave of Bitcoin spot ETF applications knocking o...
SEC Delays Bitcoin ETF Verdict Amidst Industry Hope And Price Fluctuations, BTC Drops Over 4%
Key Points: The SEC delays decisions on Bitcoin ETF applications, including those from BlackRock, until mid-October. BlackRock’s BTC-backed ETF proposal was impacted, citing industry complexity and fr...
Bitcoin Downward Spiral Continues Unabated Despite Grayscale Ruling
The price of Bitcoin experienced a notable increase after the U.S. Court of Appeals for the DC Circuit determined Tuesday that the Securities and Exchange Commission (SEC) was mistaken in rejecting Gr...
BTC and MENA: The digital financial system in the Middle East
2022 has been a challenging year for cryptocurrencies, with values plummeting considerably compared to previous levels. The shifts were all the more noteworthy, considering that the market experienced...
US SEC has delayed its decision on WisdomTree Bitcoin ETF
The United States Securities and Exchange Commission (SEC) has delayed its decision to either approve or deny the request from WisdomTree to launch a spot Bitcoin ETF product in the country. The delay...
SEC delays decision on seven spot Bitcoin ETFs, including Blackrock’s
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To man...
Bloomberg’s McGlone on Bitcoin Price: $30K Is New $12K
Alex Dovbnya In recent post on X (formerly Twitter), McGlone suggested that $30,000 could be new baseline for Bitcoin Contents Bitcoin briefly recovers to $28,000 Fed Chair Powell warns of more rate h...
SEC delays decision on fidelity and others proposed Bitcoin ETF
As the wait for the approval of Exchange-Traded Funds (ETF) on Bitcoin has been a topic of great interest, this article analyzes the SEC decision to delay its decisions on the proposals submitted by V...
Here’s How High Bitcoin Could Surge if a Spot ETF Gets Approved, According to Top Crypto Analyst
A top crypto trader is revealing his forecast for the flagship crypto asset if a hotly anticipated Bitcoin (BTC) investment product gets the regulatory nod. Pseudonymous analyst DonAlt tells 53,000 su...
Bitcoin Price Expected Sharp Rebound In Q1 2024: Report
Key Points: Bitcoin price may start near lows in Q4 2023 due to fading optimism for spot ETFs and upcoming events like Mt. Gox payout. QCP Capital predicts a sharp rebound in Q1 2024 with the likely a...
Bitwise Urges SEC to Green-light All BTC Spot ETFs as Deadline Looms
Amid rising expectations and heightened speculation, Bitwise’s chief investment officer, Matt Hougan, has made a case for the U.S. Securities and Exchange Commission (SEC) to approve all awaiting spot...
Bitcoin Cash Traders Move Into Profit, But Can The Rally Continue?
As the price of Bitcoin and the general crypto market has rallied, leading to a much-needed increase in price, Bitcoin Cash (BCH) investors are once again on a profitable path. The majority of investo...
Analysts Raise Odds of Bitcoin Spot ETF Approval by U.S. SEC
Bitcoin News Eric Balchunas remarked that they had upped the odds to 75% from an earlier 65%. Major financial giants have their “first deadline” judgment this week. After Grayscale’s recent success ov...
Daily Analysis: BTC, ETH, MKR, DYDX, JOE
Markets have still started on slight bear activity today, with the global market cap recording a 0.61% decrease daily to take the total cap to $1.09T as of press time. The fear and greed index is stil...
Stroom Raises $3.5M to Bring Liquid Staking to Bitcoin Lightning Network
Stroom Network, a liquid staking project for Bitcoin’s Lightning Network, has raised $3.5 million in an oversubscribed seed funding round led by Berlin-based crypto investment firm Greenfield, w...
Bitcoin Exchange OKX is Preparing for Investments in the WEB3 Field in This Country!
OKX, one of the top 10 crypto exchanges by trading volume, plans to enter India and hire local employees to explore potential Web3 applications, OKX’s marketing manager said in a statement. OKX ...
SEC Delays Bitcoin Spot ETFs to October 17, 2023, as Predicted by Insiders
The U.S. Securities and Exchange Commission (SEC) has prolonged the review period for all six pending Bitcoin Spot ETF applications. The regulatory body has set a new decision deadline for October 17,...
Redefining market metrics: Bitcoin and S&P 500 part ways with global liquidity
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To man...
Presidential Candidate Ramaswamy Says Grayscale’s Win ‘Clears a Path to Keep BTC in the US’
The American entrepreneur Vivek Ramaswamy, who is one of the US Presidential nominees of the Republican Party, thinks Grayscale’s court victory against the SEC is positive news that could keep Bitcoin...
Trader Doubles Down on Bitcoin Exploding by Over 150% This Year To Hit a New All-Time High – But There’s a Catch
A trader is reiterating his bullish forecast for Bitcoin (BTC) that the flagship crypto asset will reach a new all-time high before the end of 2023. Pseudonymous trader Credible Crypto tells his 346,4...