Tag: Bitcoin

As the year ends, developments are emerging from the fallout of the FTX collapse, which was previously led by Sam Bankman-Fried.

After the SEC approved options trading for BlackRock’s Bitcoin ETF, discussions about Bitcoin yields reignited.

Yesterday, Bitcoin ETFs had a mixed day, seeing a total of $4.5 million in overall activity.

Bitwise CEO Jeff Park has suggested that the SEC’s recent green light for options on BlackRock’s Bitcoin ETF could significantly impact the crypto market.

Luke Gromen, a macro investor and founder of Forest For The Trees (FFTT), believes gold and Bitcoin are poised to benefit from the worsening fiscal situation in the U.S.

Bitcoin has seen a notable increase in millionaire holders throughout 2024, even though the cryptocurrency is still trading below its previous peak of over $73,000.

Despite a nationwide ban on cryptocurrencies, Chinese Bitcoin miners continue to dominate the global network.

Amid global economic instability, Robert Kiyosaki, the well-known investor and author of “Rich Dad, Poor Dad,” sees Bitcoin (BTC) as a vital tool for preserving wealth and anticipates substantial growth for the cryptocurrency in the near future.

An analyst has outlined potential scenarios for Bitcoin’s price, projecting it could close 2024 within the range of $108,000 to $155,000 if historical trends continue.

Bitcoin has been climbing steadily, with some of its momentum tied to recent moves by the Federal Reserve.

At the beginning of the week, Solana’s (SOL) price slightly declined but stayed close to $144 following a 9% rise over the previous week.

Samson Mow, CEO of JAN3 and a prominent Bitcoin advocate in Asia, has urged the Japanese government to purchase 167,000 BTC following a recent conference focused on cryptocurrency adoption.

10x Research’s recent analysis suggests that Bitcoin may be poised for a substantial rally by late 2024.

Jeff Park, the head of alpha strategies at Bitwise Asset Management, argues that Bitcoin ETF options are unlikely to diminish Bitcoin’s inherent volatility.

Bitcoin’s strong performance in the digital asset market has remained resilient since September began, recently hitting the $64,000 mark.

With October on the horizon, investors are eagerly anticipating what the month might hold for Bitcoin and the broader crypto market.

Australian regulators are preparing new laws that will require crypto exchanges to secure a financial services license, according to reports from The Australian Financial Review (AFR).

A well-known crypto analyst suggests that Bitcoin bears may soon lose their grip as the leading digital asset continues to demonstrate resilience.

The FBI have apprehended two individuals linked to a significant Bitcoin heist, where a single victim reportedly lost around $250 million in digital currency.

A prominent cryptocurrency analyst believes that the Ethereum-Bitcoin (ETH/BTC) trading pair is nearing a cycle bottom.

VanEck CEO Jan van Eck has made an ambitious forecast for Bitcoin, suggesting that BTC could mature to capture half of gold’s total market capitalization.

Tether’s USDT, the largest stablecoin, continues to strengthen its market position, with its market capitalization nearing $120 billion for the first time.

The competition in Bitcoin (BTC) mining has escalated recently, with China taking the lead over the United States.

Vice President Kamala Harris, the Democratic candidate for the upcoming presidential election in November, recently spoke at a Wall Street fundraiser where she addressed the cryptocurrency industry for the first time.

Alphractal, a cryptocurrency analysis firm, has voiced concerns about Bitcoin’s current market trajectory, suggesting it may be on the verge of entering a bear market phase.

Recent blockchain data reveals that a segment of Bitcoin investors has started selling off assets to lock in profits following a recent price surge.

CryptoCon confidently predicted an imminent bull market for Bitcoin, downplaying concerns of a recession or prolonged bear market.

The crypto market is buzzing once again as Bitcoin continues its upward trend following the recent Federal Reserve decision, while meme coins and altcoins are also seeing significant gains.

Jeff Kendrick, global head of digital asset research at Standard Chartered, predicts Bitcoin could reach $200,000 by the end of 2025, regardless of the outcome of the 2024 US presidential election.

MicroStrategy CEO Michael Saylor shared his optimistic outlook for Bitcoin following the U.S. Securities and Exchange Commission’s (SEC) approval of options on BlackRock’s Bitcoin exchange-traded fund.

Coinbase is preparing to launch its cbBTC token on the Solana blockchain, according to the company’s Singapore director, Hassan Ahmed, during the Solana Breakpoint 2024 event.

Top asset manager VanEck has recently analyzed the potential impact of the 2024 US Presidential election on Bitcoin.

Crypto-focused travel booking platform Travala has announced its integration with Solana, the fourth-largest blockchain by market cap, marking its third network addition after Ethereum and BNB Chain. CEO Juan Otero revealed this development during a panel at Solana Breakpoint in Singapore.

Crypto analyst Ali Martinez has indicated that an altseason may be imminent, a phase where alternative cryptocurrencies outperform Bitcoin.

BlackRock CEO Larry Fink has expressed strong support for Bitcoin, affirming its legitimacy as a financial asset during a recent interview with CNBC.

Bonk Inu (BONK), a popular meme coin built on the Solana blockchain, has made a significant leap in the global cryptocurrency space.

The U.S. Securities and Exchange Commission (SEC) has authorized BlackRock to offer options trading on spot Bitcoin ETFs, marking a key milestone in expanding crypto investment products.

Michael Saylor’s MicroStrategy continues to expand its Bitcoin reserves, showing their undeniable optimism for the crypto market bull run.

Crypto trader Michaël van de Poppe suggested that the Federal Reserve’s recent decision to cut interest rates by 50 basis points could positively influence the crypto market.

Institutional investors are becoming more bullish on the future trajectory of Bitcoin, piling up their reserves.

Recent data from CryptoQuant CEO Ki Young Ju reveals a dramatic 75% reduction in net short positions for CME Bitcoin futures over the last five months.

A Bitcoin miner wallet, inactive for 15.7 years, recently came to life, transferring 50 BTC—valued at approximately $3.05 million—into another wallet.

Recent data reveals that Bhutan has unexpectedly taken the lead in state-held Bitcoin (BTC) reserves, boasting $782.46 million, significantly outpacing El Salvador, which holds $351.75 million.

Anthony Scaramucci, founder of SkyBridge Capital, announced that Vice President Kamala Harris is working on her campaign’s cryptocurrency policies, with support from crypto advocates.

Renowned Bitcoin maximalist and JAN3 CEO Samson Mow met with Junichi Kanda, Parliamentary Vice-Minister of the Cabinet Office. 

Franklin Templeton, the asset management giant with $1.5 trillion in assets, is set to launch a mutual fund on the Solana blockchain.

Louisiana has become the latest U.S. state to accept cryptocurrency payments for state services.

CryptoQuant, a prominent market research firm, has observed a notable decline in the supply of short-term holders (STH) of Bitcoin (BTC), which may hinder the cryptocurrency’s potential price surge.

U.S. Congressman Warren Davidson has vocally criticized SEC Chair Gary Gensler, accusing the SEC of deliberately hindering Bitcoin ownership.

A recent report from Kaiko Research reveals that Bitcoin’s dominance in the cryptocurrency market has risen to 54.9%, marking its highest point since April 2021.

Bitcoin climbed above $64,000 following the Federal Reserve’s unexpected 50 basis point rate cut, marking its first reduction in four years.

In a surprising and bold move, the Federal Reserve slashed interest rates for the first time in four years, and the crypto market is feeling the shockwaves.

The Bank of Japan (BOJ) has opted to keep interest rates steady at 0.25%, leading to a sharp rise in the Nikkei index, which jumped over 700 points.

Germany has shut down 47 cryptocurrency exchanges, accusing them of enabling cybercriminals to launder money by ignoring anti-money laundering regulations.

During a recent congressional hearing, Democrat Ritchie Torres argued that Ethereum (ETH) should not be considered a security.

DZ Bank, Germany’s second-largest financial institution, has teamed up with Boerse Stuttgart Digital to offer cryptocurrency trading and custody services across its network of cooperative banks.

In a dramatic crypto heist, three hackers executed a scheme that defrauded a single victim of $243 million on August 19, 2024.

FTX is set to begin distributing $16 billion in assets to creditors starting in early Q4 2024.

Commerzbank, one of Germany’s largest financial institutions, is making a significant move into cryptocurrency by offering Bitcoin and Ethereum trading services to its corporate clients.

On September 18, the US Federal Reserve made a notable move by cutting interest rates by 50 basis points, marking the start of a new easing cycle.