Bitcoin News

Interaction with regulators is essential for the Bitcoin (BTC) mining industry.

André Dragosch from Bitwise has highlighted a worrying trend in Bitcoin spot exchanges, reporting a decline in net buying volumes over the past three days.

Bitcoin has seen notable price corrections since March, primarily due to significant sell-offs by large holders, or whales, along with substantial token unlocks increasing the altcoin supply.

Bitcoin and the whole cryptocurrency market has been through a significant decline since news broke about Iran bombing Israel.

Jay Jacobs, BlackRock’s US Head of Thematics and Active ETFs, believes there’s still a massive opportunity for Bitcoin growth, projecting the market could expand to around $5.4 trillion in the future.

Standard Chartered views Bitcoin’s recent dip below $60,000 as a typical market fluctuation, suggesting it could be a buying opportunity, according to an investor note shared with CryptoSlate on Oct. 3.

The International Monetary Fund (IMF) has once again turned its attention to El Salvador, urging the nation to enhance its regulatory framework regarding Bitcoin.