The two largest cryptocurrencies by market cap, Bitcoin and Ethereum, have seen a significant rise in their open interest in the last couple of weeks. This comes even when the market is seeing struggl...
Tag: Bitcoin
US Consumer Price Index for September Could Provide Push for Bitcoin to Break Out of Its Recent Range
The Labor Department on Thursday is expected to report that the core consumer price index (CPI) accelerated to a year-on-year pace of 6.5% in September, from August’s 6.3%, according to FactSet....
Billionaire Mike Novogratz Forecasts How Long the Bitcoin and Crypto Bear Market Will Last
Galaxy Digital CEO Mike Novogratz is updating his outlook on the future of the current bear market and the crypto markets as a whole. Novogratz says in a Yahoo Finance interview that Bitcoin (BTC) and...
Ex-Terra Developer Somani Raises $15M for Startup
A former developer from the fallen Terra company has raised $15 million for his startup. Neel Somani launched his Solana-based cross-chain modular rollup startup, Eclipse, following the collapse of Te...
21Shares Focuses on the Middle East by Rolling Out a Bitcoin ETP on Nasdaq Dubai
The Switzerland-based fintech company – 21Shares AG – unveiled a Bitcoin exchange-traded product on Nasdaq Dubai, making it the first physically-backed BTC ETP in the Middle East. The firm has recentl...
Coin Center Files Lawsuit against Treasury over Tornado Cash Sanctions
Backing a second lawsuit, Coin Center sues the Treasury Department and the Office of Foreign Asset Control (OFAC) over its sanctions on the Ethereum mixer, Tornado Cash. Coin Center, Washington, DC-b...
Bitcoin Price Analysis: Printing Lower Lows
BTC/USD Printing Lower Lows: Sally Ho’s Technical Analysis – 13 October 2022 Bitcoin (BTC/USD) extended its recent pullback early in the Asian session as the pair sought to remain above the 19000 f...
US Senator Warren Leads Congressional Group’s Probe Into Bitcoin Mining Energy Use in Texas
In a letter Wednesday addressed to Pablo Vegas, the CEO of the Electric Reliability Council of Texas (ERCOT), the group expressed concerns that bitcoin mining’s enormous demand for energy in Tex...
Bitcoin Amsterdam panel discussion throws light on unfixable debt-based system
Bitcoin Amsterdam opened on Oct. 12, promising three days of “learning, teaching, and inspiring of the Bitcoin community.” “The team behind Bitcoin Magazine and Bitcoin 2022 are going global with our ...
21Shares Debuts First Physically-Backed Bitcoin ETP on Nasdaq Dubai
21Shares, a preeminent issuer of cryptocurrency exchange-traded products (ETPs), has announced the launch of its first physically-backed Bitcoin ETP in the Middle East. The Middle East gets a physical...
Ripple CEO Anticipates Answer in SEC Lawsuit Over XRP in the First Half of 2023 – Regulation Bitcoin News
Ripple CEO Brad Garlinghouse says he thinks “we’ll have an answer in the first half of next year” in the U.S. Securities and Exchange Commission (SEC) lawsuit over xrp. Maintaining that xrp is not a s...
Bitcoin Boredom Causes Trading Volume To Dive 38% From September Highs
Data shows the Bitcoin trading volume has declined by 38% since the highs in September as a result of the boring price action in the crypto. Bitcoin Spot Trading Volume Has Plunged Down In Recent Days...
Tap-to-pay Bitcoin Lightning Bolt cards strike El Salvador
CoinCorner, a Bitcoin Lightning-based card payment service provider, is looking to install NFC card readers across El Salvador to offer a seamless retail BTC experience. El Salvador-based Bitcoin (BTC...
Valkyrie Investments Announces Liquidation of Bitcoin ETF
On Tuesday, October 11, Valkyrie Funds announced liquidation of one of its exchange traded funds under its management. The fund said to be closed is Valkyrie Balance Sheet Opportunities Fund (VBB). On...
Crypto.com Injects $150M for its New France Ecosystem Development
Singapore-based digital currency trading platform, Crypto.com is making significant strides in its push to establish its brands in France following the receipt of the Digital Asset Service Provider (D...
Bitcoin, Ethereum, Quant, and Terra Classic Daily Price Analyses – 12 October Roundup
The global crypto market has seen a positive change as the influx of capital strengthened. The recent changes for Bitcoin, Ethereum, and others show performance improvement. There had been a market tr...
Devere CEO Expects Further Volatility in Crypto Market Before Year-End — Says Savvy Investors Will Benefit From Panic Sellers – Markets and Prices Bitcoin News
The CEO of Devere Group, a financial advisory and asset management firm, anticipates further volatility in the crypto market before year-end. However, he stressed that “for serious investors, this wil...
Bitcoin Price Analysis – Technicals Reveal A Shocking Trend
Recently, Bitcoin (BTC) slipped below its 20-day MA and has been struggling to hold onto the $19,000 stable mark as well. Hence, the bearish movement seems very likely as the momentum indicators are a...
Blockchain Infrastructure Provider Tatum Secures $41.5M Funding
Blockchain as a Service (BaaS) provider, Tatum has landed $41.5 million in funding, receiving the needed capital backing to expand its business offerings. Riding on its current track record in the ind...
Cardano Creator Highlights Ethereum and Bitcoin Weak Points
Cardano’s Chief Executive Officer Charles Hoskinson highlights Ethereum after the Merge. Charles also pointed out some weak points of Bitcoin. Charles Hoskinson, the originator of Cardano, has highli...
Grayscale Filed Preliminary Brief Against SEC Refusal Over Bitcoin ETF
Grayscale opted for Legal Procedure against the SEC’s decision to reject its Application for converting its Tokens into Bitcoin ETF. Globally popular crypto firm manager Grayscale filed its prelimina...
What Does Bitcoin Mining Mean? How Does It Function?
– Advertisement – Bitcoin mining is the process by which a new digital asset is created. Miners get Bitcoins for verifying and committing transactions to the blockchain. Mining requires ex...
‘No Justification’ for SEC to Deny Bitcoin Trust Conversion Into ETF: Grayscale
The world’s largest crypto asset manager Grayscale Investments has filed its opening legal brief challenging the U.S. Securities and Exchange Commission’s (SEC) decision to deny the conversion o...
First Bitcoin spot ETP in Dubai
Today 21Shares officially announced the launch of the Middle East’s first spot Bitcoin ETP. Today, @21Shares proudly entered the Middle East with the launch of the first physically-backed bitcoin ETP...
Bitcoin Miner Crusoe Energy Acquires its Big Rival Great American Mining
Bitcoin miner Crusoe Energy on Wednesday acquired its rival, Great American Mining (GAM), a North American mining company that converts stranded gas into Bitcoin mining power. Both Crusoe Energy and G...
SEC Treats Spot Bitcoin ETPs With ‘Special Harshness’
Grayscale stated that the SEC’s application of its “significant market test” is deeply flawed and does not protect investors against potential fraud and manipulation in the underlying BTC markets. The...
SEC Rejected Spot Bitcoin ETF Proposal of WisdomTree Investments
The SEC has rejected another application of an exchange traded fund. As reported, WisdomTree filed for an ETF seeking permission from the United States Securities and Exchange Commission for Bitcoin (...
Grayscale fires first salvo in case against SEC over Bitcoin ETF refusal
The SEC must submit its brief by Nov. 9. After that, Grayscale will then submit a reply brief on Nov. 30 before both parties submit a final brief on Dec. 21. Digital asset manager Grayscale has filed ...