According to the latest data from Farside Investors and Tree News, the U.S. Bitcoin spot ETF witnessed a noteworthy net inflow of $233.8 million on October 7. This substantial increase is primarily at...
Category: Bitcoin
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Bitcoin (BTC) Faces Volatility: Healthy Pullback Amid Uncertain Market Outlook
Zach Anderson Oct 08, 2024 01:45 Bitcoin experiences a 10% pullback due to aggressive spot selling and geopolitical tensions, with market uncertainty persisting despite a recent rebound. Bitcoin (BTC)...
Bitcoin Rewards App Fold Files for Nasdaq Listing, Aiming for $365 Million Valuation
On October 8, COINOTAG reported that Fold, a prominent Bitcoin financial services platform, has filed an S-4 registration statement with the U.S. Securities and Exchange Commission (SEC) as it gears u...
BTC Goes Back for $64K, Memecoin Supercycle Ignites on MOG, POPCAT, and DOGEN Surge
Bitcoin is approaching a key price point, attracting attention in the crypto world. At the same time, certain playful digital coins are experiencing unexpected gains. This article delves into these re...
Supreme Court Greenlights Sale of $4.38b of Silk Road Bitcoin
The Supreme Court announced on Monday it had denied a certiorari petition — a Supreme Court appeal — in a case closely watched by the crypto community that is set to determine the fate of 69k Bitcoin ...
Bitcoin: The Driving Force Revitalizing Rockdale’s Economy and Empowering Rural Texas
According to a recent report by CryptoSlate, Rockdale, Texas, is experiencing a revitalization due to the influence of Bitcoin. Mayor Ward Roddam expressed optimism regarding the emergence of a “digit...
JPMorgan Analysts Predict Bitcoin Gains in Q4 as ‘Uptober’ Trend Takes Hold
JPMorgan analysts are showing optimism as bitcoin exhibits strong upward trends moving into the fourth quarter. They highlighted October’s historically positive returns for the cryptocurrency and sugg...
Tim Draper Critiques SEC’s Approach to Bitcoin
Tim Draper, a well-known venture capitalist, has expressed his concerns regarding the current state of the cryptocurrency landscape, particularly emphasizing Bitcoin‘s enduring nature. He criticized t...
China Meeting That Could Profoundly Affect Bitcoin Is Very Close – Here is the Day and Time to Watch
Senior Chinese government officials will hold a major press conference on Wednesday at 05:00 (Turkish time) to provide information on the implementation of recently announced economic stimulus measure...
Exploring the Uncertain Future of Bitcoin Amid America’s Economic Challenges and Election Dynamics
The dynamics of the U.S. economy are increasingly intertwined with the future of cryptocurrency, particularly Bitcoin (BTC). As this intersection of traditional finance and digital assets gains tracti...
Could Bitcoin Propel El Salvador’s Financial Recovery? Examining the Potential Impact of Nayib Bukele’s Controversial Policies
The evolving landscape of cryptocurrency continues to provoke discussions, as countries like El Salvador adopt unconventional monetary policies. El Salvador’s recent bond market surge highlights the c...
Could Bitcoin Navigate Beyond $64,000 Resistance Amid Market Shifts and Socio-Political Uncertainty?
Bitcoin continues to face challenges at the crucial $64,000 resistance level as investors pivot towards stocks and cash amidst ongoing socio-political instability. This trend is reflective of a broade...
Could the U.S. Government’s Seized Bitcoin from Silk Road be Sold Amid Market Speculations?
The United States Supreme Court’s decision not to hear a critical case regarding the ownership of 69,370 Bitcoin seized from Silk Road marks a pivotal moment in cryptocurrency regulation. This ruling ...
Will Bitcoin Maintain Its Market Dominance?
In a recent analysis, cryptocurrency expert Benjamin Cowen forecasts that Bitcoin (BTC) will likely continue to outperform altcoins in the near term. He emphasizes Bitcoin’s enduring leadership role w...
Could Bitcoin’s Recent Rally Signal a Sustainable Recovery Amid Shifting Economic Indicators?
Bitcoin’s price surge today has reignited discussions about market dynamics amid macroeconomic forecasts. In conjunction, the crypto community is observing a potential shift in investor sentiment as p...
Billionaire Tim Draper Warns The US SEC, Says Bitcoin Cannot Be Stopped
Recently, the legendary venture capitalist Tim Draper shared his thoughts on the changing world of crypto. Asserting that “Bitcoin is here to stay,” he criticized the SEC for clinging to outdated regu...
National Bank of Bahrain (NBB) Unveils Bitcoin Investment Fund
Bahrain is part of the Gulf Cooperation Council (GCC) region. The investment fund is structured to provide authorized investors exposure to Bitcoin. The first Bitcoin-linked Structured investment in t...
Supreme Court clears path for US to sell $4.4 billion in seized Silk Road Bitcoin
Key Takeaways Supreme Court paves way for US to sell $4.4 billion in Silk Road Bitcoin. Battle Born loses appeal as US preps for largest seized Bitcoin auction in history. The US Supreme Court has dec...
NBB issues the first Bitcoin investment product in Bahrain and GCC
In a partnership with ARP Digital, the National Bank of Bahrain (NBB) has issued the first Bitcoin investment product of its kind in Bahrain and in the GCC region. The new investment product provides ...
Institutional investors reduce Bitcoin short positions
Institutional investors are marginally reducing the size of their short exposure to Bitcoin, which can be considered a positive change in the market. Data from CryptoQuant shows that institutional sh...
Exploring Potential: National Bank of Bahrain’s New Bitcoin Fund May Offer Institutional Investors Capped Gains with 100% Downside Protection
The National Bank of Bahrain has introduced its inaugural Bitcoin investment fund aimed at institutional investors. This innovative fund offers structured exposure to Bitcoin (BTC) while ensuring 100%...
Bitcoin’s latest dip below $60K signals market stabilization amid geopolitical tensions – Bitfinex
Bitcoin’s (BTC) nearly 10% drawdown last week was a “healthy realignment” that reduced the risks of abrupt price swings in the coming days, according to the latest “Bitfinex Alpha” report. The pullbac...
Exploring Bitcoin’s Potential Impact: Could Rockdale’s $1 Billion Mining Investments Revitalize Rural Economies?
The mining sector, particularly Bitcoin, is revitalizing communities like Rockdale, Texas, through substantial investment. Mayor Ward Roddam expressed optimism about Bitcoin’s potential to usher in a ...
Exploring Bitcoin’s Potential Path Above $65,000: What to Watch For in the Cryptocurrency Market
Bitcoin has started the week positively amidst a surge in altcoin prices and stock market gains. Despite the recent rebound, Bitcoin still faces significant resistance between $65,000 and $66,500. Acc...
US Government Could Soon Sell 69,000 BTC
There have been several bullish Bitcoin news these past few days. However, a recent Supreme Court ruling could dampen the mood as the US government has gotten the clear to proceed with selling 69,370 ...
Jefferies keeps 5% Bitcoin allocation amid concerns over USD stability
Chris Woods, the chief strategist at investment banking firm Jefferies, has disclosed that the firm keeps 5% of its allocation in Bitcoin through exposure to VanEck spot Bitcoin exchange-traded fund (...
Bitcoin Leads Investor Activity with $159M in Outflows; But Multi-Asset Products Shine
Digital asset investment products recorded minor outflows of $147 million over the past week, likely driven by stronger-than-anticipated economic data that reduced expectations for substantial rate cu...
Could Bitcoin’s Recent Rally Signal a Bullish Trend Amid Market Volatility?
Bitcoin’s recent rally above $64,000 has marked a significant shift in market sentiment. As of October 7, Bitcoin has exhibited a remarkable 7.75% increase from its previous low, signaling a robust bu...
‘Memecoin supercycle’ begins? Investors excited as POPCAT outshines Bitcoin
The memecoin supercycle is gaining momentum as market optimism rises. Some memecoins are diverging from Bitcoin’s volatility, ready to lead. Bitcoin [BTC] nearly reached the $64K mark during the early...
Could Metaplanet Be Japan’s Emerging Leader in Bitcoin Investments?
In a bold move to strengthen its cryptocurrency portfolio, Metaplanet, a Japanese investment firm, has significantly increased its Bitcoin holdings. The firm’s latest acquisition, announced on Monday,...
Fewer And Fewer People Willing To Sell BTC
Bitcoin is a deflationary asset with a fixed supply, unlike Ethereum, whose supply increases or decreases yearly depending on network use. There will be only 21 million BTC in circulation, and a decen...
Bitcoin “Super Cycle” Could Drive BTC To $400,000, Predicts Analyst ⋆ ZyCrypto
Advertisement     Bitcoin (BTC) continued to show strength this week, following a robust start to the week that saw its market value climb to a high of $63,700 on Monday. Interestingly...