Institutions Take $168,000,000 out of Bitcoin and Crypto Markets As Hopes of ETF Approval Pushed Back: CoinShares

Digital assets manager CoinShares says that the crypto markets suffered their heaviest outflows last week since March. In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that digit...

A spot bitcoin ETF is much closer to reality, we’re not there yet

The US Court of Appeals for the Federal Circuit in Washington, D.C., US, on Wednesday, Aug. 9, 2022. Al Drago | Bloomberg | Getty Images Well, now the SEC is in a real pickle.  The U.S. Court of Appea...

U.S. Authorities Gain Control Over 94,643 BTC Connected to 2016 Bitfinex Hack

In a dramatic turn of events, the U.S. Government has reportedly taken control of a significant Bitcoin (BTC) wallet believed to be tied to the infamous 2016 Bitfinex hack. The wallet in question, hol...

BREAKING: Bitcoin hits $28k after Grayscale win against SEC

Bitcoin price rose to highs of $28,142 on crypto exchange Bitstamp on Tuesday. The gains came as the crypto market reacted to news of Grayscale’s win against the SEC. Bitcoin price saw a huge spike in...

An Open Letter to President Biden Regarding Bitcoin Mining

Mr. President, leveraging the potential of bitcoin mining to accelerate the transition to a renewable-powered, efficient, and interconnected energy grid presents a remarkable opportunity for our natio...

Bitcoin Spark price to soar beyond expectations by DOGE whale

Bitcoin Spark’s potential to achieve the forecasted price levels might surpass the prevailing expectations. A notable Dogecoin whale makes a compelling prediction regarding its price trajectory, with ...

Trader Who Nailed 2018 Bitcoin Bottom Warns BTC Setting Up for Move to the Downside – Here’s His Forecast

A trader who built his following after nailing the 2018 bear market bottom for Bitcoin (BTC) says that the crypto king’s correction is likely not yet over. Pseudonymous analyst Bluntz tells his 224,60...

Bitcoin ETF Approval Looms After Court Forces SEC To Reconsider Decision On Grayscale; Bitcoin Price Breaks Above $27K

A federal court has ordered the SEC to review its rejection of Grayscale Investments’ application to convert the Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund (ETF). This could pave the ...

Bitcoin Surges Past $28,000 and GBTC Discount Narrows to 17%

Following Grayscale Investments’ decisive win in its lawsuit against the U.S. Securities and Exchange Commission (SEC), Bitcoin’s value reached an apex of $28,142 on Binance. Concurrently,...

Grayscale wins court battle against SEC; Bitcoin jumps 6% within first hour after ruling

In a landmark ruling on August 29, 2023, the United States Court of Appeals for the District of Columbia Circuit vacated an order from the Securities and Exchange Commission (SEC), granting Grayscale ...

Lower Volatility Means More Time Needed for BTC to Recover Following the Crash to $25K: Bitfinex

The latest edition of the weekly report from crypto exchange Bitfinex has revealed that Bitcoin’s mining difficulty reached a new peak as BTC hovered around the $26,000 price level. The “Bitfinex Alph...

Top Trader Says He’s Only Bullish on Solana and Two Other Crypto Assets Besides Bitcoin and Ethereum

A closely followed crypto strategist says that besides Bitcoin (BTC) and Ethereum (ETH), there are only three other projects he’s bullish on. The pseudonymous analyst known as The Flow Horse, also kno...

Potential Grayscale Decision And Bitcoin ETF Approval By US SEC

The week is going to be big for the crypto market and likely bring a much-needed recovery in Bitcoin and altcoins prices due to key decisions. Traders and whales await a potential ruling in the Graysc...

SEC Crushed, GBTC Rockets Towards ETF, Bitcoin Targets $28,000

In a significant turn of events for Bitcoin (BTC) and the overall market, cryptocurrency asset manager Grayscale has emerged victorious in its legal battle against the U.S. Securities and Exchange Com...

Grayscale secures a big win against SEC in Bitcoin ETF case

U.S. court rules in favour of Grayscale in its lawsuit against SEC. Today’s ruling paves the way for the first U.S. Bitcoin ETF. Bitcoin and Ethereum jumped over 5.0% following the news. The U.S. Cour...

The Real Reasons the Grayscale Bitcoin ETF Decision Matters

Crypto is salivating not only over the court’s pro-ETF ruling, but anti-SEC comments. The top U.S. securities regulator fell “short of the standard,” made “unexplained” calls and “failed to adequately...

X (Twitter) Obtains License To Store, Transfer, And Trade Bitcoin And Crypto

Rhode Island has officially approved a license requested by Twitter Payments LLC, X’s payment branch, to be able to store, transfer, and exchange Bitcoin and other digital assets on behalf of it...

The Fifth Largest Bitcoin Wallet Holds 94,643 BTC And Is Controlled By The US Government

Key Points: The U.S. seizes the fifth-largest Bitcoin wallet, now holding $2.46 billion worth of 94,643 BTC linked to the 2016 Bitfinex hack. Confiscated wallets have ties to Silk Road’s illicit trade...

Bitcoin is Above $27,000 After the Grayscale Decision! What Will Happen Next? Here is the Latest Data

The news that Grayscale won its lawsuit with the SEC after rejecting its Bitcoin Spot ETF application last year provided a spike in the entire cryptocurrency market. Bitcoin price gained more than 5% ...

Analytics Firm Identifies Under-the-Radar Metric Hinting of Institutional Accumulation of Bitcoin (BTC)

A top crypto analytics firm has spotted an often overlooked metric hinting that big buyers are accumulating Bitcoin (BTC). In a thread on the social media platform X, on-chain data analytics provider ...

Grayscale wins case against SEC over spot Bitcoin ETF; What it means for BTC?

The Federal Court ruled (August 29) favorably on Grayscale’s petition — that their request to convert the Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin ETF — must be reviewed by the SEC. Bitcoin ...

Bitcoin Rallies Above $27,000 After Court Hands Grayscale Win In Lawsuit Against SEC ⋆ ZyCrypto

Advertisement &nbsp &nbsp The price of Bitcoin surged on Tuesday after a federal appeals court ruled in favor of Digital asset manager Grayscale in their long-running legal battle against the ...

Robinhood is third in the line of Bitcoin holders

As per the latest research conducted, Robinhood has attained the third position amongst the Bitcoin holders globally. This is in relation to Bitcoin custodianship. The well-known stock and cryptocurre...

Bitcoin and Crypto Assets Jump After Grayscale Wins Lawsuit Against SEC Over ETF Approval

Crypto markets have abruptly turned green following digital asset manager Grayscale’s victory against the U.S. Securities and Exchange Commission (SEC) over the regulator’s refusal to convert the Gray...

ChatGPT Predicts Bitcoin (BTC) Bullish Prices for 2024, 2028, 2032, and 2050

ChatGPT, the renowned artificial intelligence (AI) model developed by OpenAI, has once again demonstrated its impact in the cryptocurrency sphere with its recent long-term price predictions for Bitcoi...

Robinhood Emerges as the Third-Largest Bitcoin Holder

The crypto community has been abuzz with discussions about a mysterious Bitcoin wallet that rapidly accumulated a staggering $3 billion worth of Bitcoin in just three months. The identity of this enig...

Bitcoin Transfer Volume Plunges To 3-Year Low, Bearish Sign?

On-chain data shows the Bitcoin transaction volume has plunged to a 3-year low, a sign that may not be positive for the cryptocurrency. Bitcoin Transaction Volume Has Continued To Be Low Recently Acco...

Approve, deny, delay? SEC to weigh in on more planned bitcoin ETFs this week

The spot bitcoin ETF pursuit saga is set to continue this week, with the US Securities and Exchange Commission set to rule on, or delay its decision for, a range of funds from BlackRock and others. Bl...

Bitcoin is Trading -11.74% Below Our Price Prediction for Sep 03, 2023

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation,...

Historic Bitcoin mining revenue fails to offset Canaan Q2 financial loss

Bitcoin (BTC) miner Canaan‘s second-quarter financial report showed that the firm operated at a loss during the reporting period despite its increasing mining revenue and computing power. Per the unau...

ChatGPT predicts Bitcoin price in 2024, 2028, 2032 and 2050

In the ever-evolving landscape of technology, the year has witnessed an unprecedented surge in the development and application of artificial intelligence (AI).  This rapid expansion has led to the eme...

BREAKING: Grayscale Scores Victory Against US SEC: Spot Bitcoin ETF Imminent?

Per a document filed with the US District of Columbia Circuit, asset manager Grayscale was granted its petition for review of their Bitcoin Trust. The Circuit’s Judge Rao approved the asset manager’s ...