Tag: Bitcoin

Global Crypto Activity Surges in 2024, Boosted by U.S. Bitcoin ETFs

In 2024, cryptocurrency activity globally has surged, surpassing levels seen during the 2021 bull market.

12.09.2024 12:00 1 min. read Alexander Stefanov

North Korean Hackers May Target U.S. Bitcoin ETFs, Experts Warns

North Korean hackers could potentially shift their focus to U.S.-based Bitcoin exchange-traded funds (ETFs), according to security experts.

12.09.2024 11:00 1 min. read Alexander Stefanov

Bitcoin ETFs Gaining Rapid Adoption Among Investment Advisors

Matt Hougan, CIO of Bitwise, claims that Bitcoin (BTC) exchange-traded funds (ETFs) are being adopted by investment advisors more rapidly than any other ETFs in history.

12.09.2024 9:30 1 min. read Alexander Stefanov

Investment Advisors Quickly Adopt Spot Bitcoin ETFs

Bitwise’s Chief Information Officer (CIO), Matt Hougan, recently responded to a claim made by Jim Bianco, stating that only a small portion of the managed assets of spot Bitcoin Exchange-Traded Funds (ETFs) in the U.S. come from investment advisors.

11.09.2024 21:00 1 min. read Kosta Gushterov

Here’s Why September is Historically The Worst Month for Bitcoin

Bitcoin investors should prepare for a “seasonal slog” in September, which has historically been the worst month for average returns, according to New York Digital Investment Group (NYDIG).

11.09.2024 20:00 1 min. read Kosta Gushterov

Long-Term Bitcoin Outlook Positive Amid Rising US Debt and Interest Payments

Macro analyst Lyn Alden is optimistic about Bitcoin’s long-term prospects due to the rising interest payments on the US national debt, which has surpassed $35 trillion.

11.09.2024 13:00 1 min. read Alexander Stefanov

Bitcoin Faces Tough September, Uncertainty Looms Ahead

Investors in Bitcoin should prepare for a challenging September, historically one of the worst months for returns, according to New York Digital Investment Group (NYDIG).

11.09.2024 10:00 1 min. read Alexander Stefanov

Michael Saylor’s Bold Bitcoin Prediction Sparks Backlash

In a recent CNBC interview, Michael Saylor forecasted a Bitcoin price of $13 million, but Peter Schiff dismissed this prediction as “nonsense.” Schiff criticized Bitcoin and promoted gold as a superior investment.

11.09.2024 8:00 1 min. read Alexander Stefanov

Metaplanet Boosts Bitcoin Holdings with $2M Purchase

Japanese investment company Metaplanet has significantly boosted its Bitcoin holdings with the acquisition of approximately 38 more BTC, valued at around 300 million yen ($2 million).

10.09.2024 22:00 1 min. read Alexander Stefanov

Bitcoin ETFs Fail to Meet Expectations, Expert Warns

Jim Bianco, CEO of Bianco Research, has expressed doubts about the impact of Bitcoin ETFs in the US, despite the initial enthusiasm.

10.09.2024 21:00 1 min. read Alexander Stefanov

Robert Kiyosaki Warns of Financial Crisis, Sees Bitcoin as a Key Investment

Robert Kiyosaki has raised fresh concerns about the global financial system, emphasizing the overburdened state of the bond market.

10.09.2024 20:00 1 min. read Alexander Stefanov

Are Crypto Investors Starting to Lose Interest?

The crypto industry is facing what is being described as a “quiet quitting crisis,” according to Travis Kling, founder and CIO of Ikigai Asset Management.

10.09.2024 19:00 2 min. read Alexander Stefanov

Key Bitcoin Price Level Could Prevent Major Drop, Analyst Warns

Crypto analyst Ali Martinez has identified a crucial Bitcoin price level that could prevent a significant drop.

10.09.2024 18:00 1 min. read Alexander Stefanov

BlackRock’s Bitcoin Trust Faces Outflows, While Other Bitcoin ETFs See Inflows

On September 9, BlackRock’s iShares Bitcoin Trust (IBIT) experienced $9 million in net outflows, marking its third consecutive day of withdrawals since its debut in January.

10.09.2024 16:00 1 min. read Alexander Stefanov

Fed Study Reveals Crypto Ownership Stagnates Despite Market Surge

Recent research from the Federal Reserve indicates that cryptocurrency ownership has not increased alongside the market’s recent upturn.

10.09.2024 15:00 2 min. read Alexander Stefanov

Crypto CEO Resigns After Kidnapping and Theft

Nick Drakon has stepped down as CEO of Revelo Intel, a crypto research and education platform, after revealing a shocking ordeal.

10.09.2024 14:00 2 min. read Alexander Stefanov

Bitcoin’s Future Could Depend on U.S. Presidential Election Outcome, Analysts Say

Analysts at Bernstein Research view Bitcoin as closely tied to the outcome of the upcoming U.S. presidential election, dubbing it a “Trump trade.”

10.09.2024 12:00 1 min. read Alexander Stefanov

Tokyo Firm Turns to Bitcoin Mining to Utilize Excess Solar Energy

A Tokyo Electric Power Company (Tepco) subsidiary is exploring Bitcoin mining as a way to utilize excess renewable energy.

10.09.2024 11:00 1 min. read Alexander Stefanov

Bitcoin Whales Scoop Up $10 Billion in BTC While Short-Term Holders Face Pressure

New data from IntoTheBlock shows that major Bitcoin (BTC) investors have accumulated over $10 billion in the cryptocurrency over the past six months.

10.09.2024 9:30 1 min. read Alexander Stefanov

Bitcoin ATMs: The Rising Cybersecurity Threats You Need to Know

Bitcoin ATMs are spreading rapidly across the U.S., but their growing prevalence is raising serious concerns about cybersecurity.

09.09.2024 19:00 2 min. read Alexander Stefanov

Bitcoin Could Dip Below $50,000: Analyst Predicts Further Decline

Investors hoping for a turnaround in Bitcoin’s (BTC) price might need to be patient, as recent forecasts suggest more declines ahead.

09.09.2024 20:00 1 min. read Alexander Stefanov

Bitcoin May Be in a Bear Trap Before Next Surge, Analyst Says

Crypto analyst TechDev suggests that Bitcoin (BTC) and other digital assets may be experiencing a significant bear trap before a potential upward move.

09.09.2024 17:00 1 min. read Alexander Stefanov

Will Bitcoin Recover if the US Economy Strengthens?

Treasury Secretary Janet Yellen recently expressed optimism about the US economic recovery, pointing to slowing job growth as a sign of a potential soft landing rather than an imminent recession.

09.09.2024 15:00 2 min. read Alexander Stefanov

Crypto Exchange OKX Adds Support for Three New Memecoins

Seychelles-based crypto exchange OKX has unveiled its support for three new memecoins, including a recent addition related to Dogecoin (DOGE).

09.09.2024 13:00 1 min. read Alexander Stefanov

Galaxy Digital Transfers $90 Million in Bitcoin to Coinbase Prime

Lookonchain, a smart whale tracking service, recently revealed that Galaxy Digital moved a substantial amount of Bitcoin to Coinbase Prime.

09.09.2024 12:00 1 min. read Alexander Stefanov

Bitcoin Set for Rebound? Arthur Hayes Blasts Federal Reserve Policies

Arthur Hayes, co-founder and former CEO of BitMEX, is cautiously optimistic about Bitcoin’s potential rebound after a tough period.

09.09.2024 11:00 2 min. read Alexander Stefanov

Analyst Predicts Major Gains Ahead for Crypto Market Despite Current Downturn

A well-known analyst and trader is optimistic that the major gains of the current crypto bull market are still ahead.

09.09.2024 10:00 1 min. read Alexander Stefanov

Tether CEO Explains Gold-Backed Synthetic Dollar Strategy

In a recent discussion with Bloomberg, Tether CEO Paolo Ardoino highlighted the rationale behind choosing gold as the collateral for their new synthetic dollar, aUSDT.

09.09.2024 9:30 2 min. read Alexander Stefanov

Investors Shift to Stablecoins as Crypto Market Faces Uncertainty

The crypto market is currently witnessing a significant shift in liquidity as investors transfer large amounts of capital into stablecoins amid growing uncertainty.

09.09.2024 8:00 1 min. read Alexander Stefanov

Is Nvidia a Good Buying Opportunity at the Moment?

Last Friday, Nvidia’s stock continued its downward trend, dropping more than 4% to $102.83.

08.09.2024 20:00 1 min. read Alexander Stefanov

BNY Mellon CEO on Crypto’s Rise: Can the Dollar Stay on Top?

Despite the growing prominence of cryptocurrencies, Bank of New York Mellon CEO Robin Vince is confident that the US dollar will retain its lead in the global financial arena.

08.09.2024 19:00 2 min. read Alexander Stefanov

FTX Customers Awaiting Payouts: What to Expect

The saga of the FTX cryptocurrency exchange, which once boasted a valuation of $32 billion, is nearing its conclusion. As both criminal and bankruptcy proceedings wrap up, former FTX users are eagerly awaiting the return of their funds.

08.09.2024 18:00 2 min. read Alexander Stefanov

Bitcoin and Altcoins Struggle – What to Expect in September?

In the third quarter, the cryptocurrency market experienced its most significant downturn of the year. Bitcoin (BTC), the sector’s leading asset, saw its value drop to $52,598.70, marking an 8% decline in August that has extended into September.

08.09.2024 14:00 2 min. read Alexander Stefanov

Fear is Dominating the Market, Investor Sentiment Plummets

The recent collapse of the crypto market has pushed investor sentiment into the “extreme fear” zone relative to Bitcoin’s fear and greed index.

08.09.2024 10:00 1 min. read Alexander Stefanov

Bitcoin vs. Gold: Two Experts Clash Over Investment Value

The debate between Bitcoin (BTC) and gold as investment assets has reignited with legendary trader Peter Brandt and longtime crypto critic Peter Schiff exchanging views.

08.09.2024 12:00 2 min. read Alexander Stefanov

Bitcoin Bull Market Could Extend Until Late 2025, Analyst Suggests

Cryptocurrency analyst Rekt Capital has presented a compelling analysis indicating that Bitcoin’s current bull market might last until October 2025.

08.09.2024 11:00 1 min. read Alexander Stefanov

Michael Saylor Issues Statement Amid Bitcoin Price Decline

As Bitcoin’s price continues to experience significant pressure, MicroStrategy’s Michael Saylor has delivered a strong message to the crypto community:

08.09.2024 9:30 2 min. read Alexander Stefanov

Grayscale’s Crypto ETFs See Significant Asset Decline After Majro Outflows

Grayscale’s cryptocurrency investment products, particularly its Ethereum and Bitcoin ETFs, have seen a notable decline in assets. Recent figures indicate that Grayscale’s total holdings have dipped below $20 billion.

08.09.2024 8:00 1 min. read Alexander Stefanov

Here Are the Factors That May Have Contributed to the Bitcoin Price Drop

The price of Bitcoin (BTC) saw a significant drop, falling over 9% and dropping below $53,000 for the first time in over a month late Friday evening.

07.09.2024 19:00 1 min. read Alexander Stefanov

Top Asset Manager Withdraws Application for Spot Ethereum ETF

Asset manager WisdomTree has asked the U.S. Securities and Exchange Commission (SEC) to withdraw its S-1 application for a spot Ethereum exchange-traded fund (ETF), more than three years after it was originally filed.

07.09.2024 17:00 1 min. read Alexander Stefanov

Monochrome Applies for Ethereum ETF Listing on Cboe Australia

On September 5, Monochrome Asset Management applied to list the Ethereum exchange traded fund (ETF) on Cboe Australia using the ticker IETH.

06.09.2024 23:00 1 min. read Alexander Stefanov

VanEck to Liquidate Ethereum Futures ETF Amid Waning Interest

VanEck, a leading investment management firm, has announced plans to close and liquidate its Ethereum Futures ETF (EFUT), signaling a significant setback for Ethereum (ETH) as it navigates a volatile market.

07.09.2024 7:00 1 min. read Alexander Stefanov

Bitcoin Crashes Below $53,000 – Stock Market Faces Worst Week in 18 Months

This week has been bearish for the crypto market and Friday was no exception. Today, Bitcoin and most altcoins experienced significant declines, following the U.S. jobs report.

07.09.2024 0:03 2 min. read Alexander Stefanov

Cardano Set for Short-Term Turbulence but Poised for Big Gains, Expert Warns

Crypto analyst Dan Garbadello has warned Cardano (ADA) investors to brace for potential market volatility amid economic signs of a looming recession.

07.09.2024 12:00 2 min. read Alexander Stefanov

Peter Schiff Criticizes Bitcoin ETFs Amid Ongoing Outflows

Peter Schiff, a prominent investor and renowned Bitcoin hater, has criticized BTC ETFs, arguing that their recent performance reveals a misguided enthusiasm.

06.09.2024 17:15 1 min. read Alexander Stefanov

Donald Trump Vows to Make U.S. the Global Crypto Hub

On September 5, at the Economic Club of New York, former President Donald Trump reiterated his commitment to the cryptocurrency sector and proposed that Elon Musk lead a new government task force if he wins the presidency.

06.09.2024 20:30 1 min. read Alexander Stefanov

Bitcoin at Risk of $46,000 Drop: Expert Warns of Major Price Shift

Thursday’s crypto market witnessed a significant shake-up, with $100 million in liquidations recorded in just one day, primarily impacting long positions.

06.09.2024 20:00 2 min. read Alexander Stefanov

Riot Platforms Boosts Bitcoin Holdings but Faces Production Drop

Riot Platforms has increased its Bitcoin reserves to more than 10,000 coins, marking a 37% rise from last year.

06.09.2024 19:30 1 min. read Alexander Stefanov

Bitcoin May Surge in Q4, Analyst Predicts Strong Finish for 2024

Jamie Coutts from Real Vision, a well-known crypto analyst, suggests that Bitcoin could see significant gains by the end of the year as market conditions improve.

06.09.2024 17:30 1 min. read Alexander Stefanov

U.S. Bitcoin ETFs Continue Outflows, Losing $211 Million

On Thursday, U.S. spot Bitcoin ETFs saw significant withdrawals, totaling $211.15 million, marking a week-long trend of outflows.

06.09.2024 13:30 1 min. read Alexander Stefanov

Morgan Stanley Reveals Investment in BlackRock’s Bitcoin ETF

Morgan Stanley recently disclosed a 2.1% investment in BlackRock’s spot Bitcoin ETF, IBIT, as part of its Institutional Fund.

06.09.2024 8:30 1 min. read Alexander Stefanov

ZachXBT Criticizes Quality of Block Trackers for Various Blockchains

On September 5, crypto researcher ZachXBT voiced concerns about the effectiveness of block trackers for various Layer 1 blockchains.

06.09.2024 12:00 1 min. read Alexander Stefanov

Another Country is Thinking of Adding Bitcoin as a Reserve

On Thursday, María Corina Machado, a prominent Venezuelan opposition figure, revealed her plan to adopt Bitcoin as a national reserve asset.

06.09.2024 10:30 2 min. read Alexander Stefanov

Bitcoin Could Drop Even Further Before Rebounding, According to Top Analyst

A well-known crypto analyst suggests that Bitcoin (BTC) may face further declines before making a significant recovery.

06.09.2024 9:30 2 min. read Alexander Stefanov

How Much Bitcoin Do the Big Crypto Companies Hold?

Coinbase reportedly currently holds 2,275,123 BTC, which is about 10.8% of the cryptocurrency’s total supply (21 million tokens).

06.09.2024 8:00 1 min. read Alexander Stefanov

Investor Loses $1M in Crypto After Copying Fraudulent Address

Scam Sniffer has reported a recent case where an individual lost $1 million in cryptocurrency by mistakenly copying a fraudulent address from their transaction history.

05.09.2024 20:00 1 min. read Alexander Stefanov

Crypto Market Braces for Increased Regulation This September

Jake Chervinsky, Chief Legal Officer at VariantFund, has suggested that we might see heightened regulatory actions in the cryptocurrency sector as September ends.

05.09.2024 18:00 1 min. read Alexander Stefanov

Fidelity Moves Bitcoin Holdings Amid ETF Outflows

After several days of heavy outflows from Bitcoin (BTC) ETFs, Fidelity has begun moving its holdings.

05.09.2024 17:30 1 min. read Alexander Stefanov

Bitcoin Under Pressure: Analyst Sounds Alarm on ETF Outflows and Resistance Levels

A prominent crypto analyst is sounding the alarm about potential troubles for Bitcoin (BTC), based on recent trends in ETF activity.

05.09.2024 15:30 1 min. read Alexander Stefanov

Bitcoin ETFs See $37 Million in Outflows, Led by Grayscale’s Massive Withdrawals

On Wednesday, U.S. Bitcoin exchange traded funds (ETFs) saw net outflows totaling $37.2 million, the sixth consecutive day of negative flows.

05.09.2024 14:00 1 min. read Alexander Stefanov