Tag: Bitcoin

Jerome Powell is scheduled to speak tomorrow at the annual Jackson Hole gathering of central bankers, and his remarks could have major implications for Bitcoin and the broader financial markets.

Grayscale Investments has introduced a new fund focused on Avalanche’s native token, AVAX, as announced on August 22.

Donald Trump has recently brought attention to his family’s cryptocurrency project, “The Defiant Ones,” by sharing a link on Truth Social.

A well-known analyst and cryptocurrency trader, known as “Altcoin Sherpa,” has expressed optimism about the future performance of altcoins.

According to a recent EY-Parthenon survey, a significant 70% of crypto investors now integrate digital assets into their wealth management plans.

In 2024, cryptocurrency adoption has surged, with global ownership climbing to 617 million, up from 580 million in December 2023.

The cryptocurrency market might be gearing up for a new phase of growth, with analyst Dan Gabardello predicting a possible surge in altcoin activity within the next few months.

El Salvador continues to prioritize Bitcoin under President Nayib Bukele’s leadership. The government plans to train 80,000 public employees in Bitcoin, aiming to embed the cryptocurrency more deeply into the nation’s economy.

In the past four weeks, spot Ethereum ETFs have attracted over $2 billion in new investments, excluding a major $2.5 billion outflow from Grayscale’s ETHE, as reported by Farside Investors.

Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, recently took to X to express concerns over the United States’ rapidly growing national debt.

Mercado Libre, the leading e-commerce giant in Latin America, has introduced a new US dollar-pegged stablecoin through its digital banking service, Mercado Pago.

According to Matthew Siegel, the company’s head of digital asset research, financial giant VanEck is actively buying Bitcoin (BTC).

The price of Bitcoin (BTC) fell 12% in the second quarter, but that didn’t stop institutional investors from significantly increasing their investments in BTC ETFs, according to a report released by asset manager Bitwise on Monday.

Binance, the world’s largest cryptocurrency exchange, has announced the delisting of nine spot trading pairs including the following cryptocurrencies: ARKM, CHZ, ENA, FIRO, IOTA, JOE, OMNI, REZ and SUPER.

According to a report by CryptoQuant, the slowing growth of Bitcoin whale assets could indicate a bearish trend for the cryptocurrency’s price.

Ex-Goldman Sachs exec Raoul Pal criticized popular altcoins XRP and Cardano (ADA) in a recent interview.

Robinhood has added new trading features to its Android app, now offering stop-loss and stop-limit orders for cryptocurrency transactions.

Malaysian officials have dismantled 985 bitcoin mining rigs valued at approximately 1.98 million Malaysian ringgits ($452,500), as part of an ongoing effort to combat electricity theft associated with cryptocurrency mining.

On Tuesday, U.S. Bitcoin exchange-traded funds (ETFs) saw a notable influx, with $88.06 million in net inflows.

BitFuFu, a cloud mining firm affiliated with Bitmain, has released its unaudited financial results for the second quarter of 2024, ending June 30.

It appears that Mt. Gox has moved approximately $75.36 million worth of Bitcoin to a Bitstamp wallet, potentially signaling an upcoming payout to creditors.

Amsterdam, Netherlands – August 14, 2024 – The Bitcoin Amsterdam 2024 conference is set to take the stage once again at the iconic Westergas venue on October 9-10, 2024.

Bitcoin has made impressive strides recently, including the approval of a spot BTC ETF and a new all-time high earlier this year.

It’s being reported that Tron (TRX) founder Justin Sun is likely exchanging BTC for WBTC.

Justin Sun, the founder of Tron and a prominent figure in the cryptocurrency realm, is once again capturing attention.

A growing number of top hedge funds are investing in Bitcoin ETFs, with 60% of the largest 25 firms now holding these assets, signaling a broader acceptance of cryptocurrencies by institutional investors.

Blockchain data reveals that Tether, the company behind the stablecoin USDT, has created over $33 billion worth of USDT in the past year.

BlackRock has rapidly expanded its Bitcoin holdings, now owning close to 350,000 BTC, making it the third-largest holder globally, behind only Satoshi Nakamoto and Binance, according to blockchain data.

The trading activity for spot Bitcoin ETFs in the U.S. has notably declined, reaching its lowest levels since early February.

A popular crypto analyst known as TechDev has observed that Bitcoin’s price trends seem to follow patterns similar to the Nikkei 225, a Japanese stock market index that tracks major companies on the Tokyo Stock Exchange.

Crypto investors should prepare for possible market turbulence following a recent warning from Wendy O, a leading crypto analyst.

The SEC has recently raised concerns about Solana’s classification as a security, leading to the withdrawal of 19b-4 filings for Solana ETFs from the Cboe BZX exchange.

Jack Mallers, CEO of the Bitcoin payment platform Strike, expects that recent federal actions will positively impact Bitcoin’s value.

A Bitcoin wallet that had been dormant for 10.8 years recently moved 24 BTC, marking a significant gain.

Metaplanet, a company based in Japan, has recently strengthened its Bitcoin portfolio with a purchase totaling 500 million yen.

Real Vision’s Raoul Pal has expressed concerns about the implications of the US government accumulating significant amounts of Bitcoin (BTC).

Bitcoin’s value has rallied in recent hours, reflecting broader gains in risk-sensitive markets as speculation grows that the Federal Reserve may start cutting interest rates in September.

Crypto fund manager Bitwise is entering a new continent for the first time with the acquisition of London-based ETC Group, the company announced Monday.

In a dramatic development highlighting the extent of cryptocurrency fraud, Shailesh Babulal Bhatt from Gujarat, India, has been detained for his involvement in the kidnapping of two individuals linked to Satish Kumbhani, the founder of the notorious BitConnect platform.

Analysts suggest Bitcoin could solidify its role as digital gold, but this shift may impact the U.S. economy.

Galaxy Digital, led by Mike Novogratz, has expanded its Bitcoin holdings by acquiring 400 BTC today.

Banca Sella, the second-oldest bank in Italy, has announced its plans to offer Bitcoin trading.

Bitcoin’s recent attempt to surpass $60,000 was met with strong resistance, resulting in a 2.6% drop to $58,450.

Tether, the issuer of the USDT stablecoin, is expanding its reach by launching USDT on the Aptos blockchain.

Goldman Sachs has reduced its forecast for a US recession in the next year to 20%, down from 25%, based on recent economic data.

Bitcoin (BTC) has struggled to recover after a sharp decline below $50,000 in early August, amid a downturn in global markets.

Binance Futures is introducing SYS trading with up to 50x leverage starting today, August 19, 2024.

Recent on-chain data reveals that about 75% of all Bitcoin in circulation has stayed untouched for over six months.

Crypto strategist Michaël van de Poppe believes the digital asset market is nearing the end of its extended correction phase.

In a notable development, Wintermute, a major player in the crypto market, has sold off nearly its entire stash of Wrapped Bitcoin (WBTC) on Binance, as revealed by on-chain data.

Despite the resolution of the SEC-Ripple lawsuit, XRP continues to struggle with its price performance.

Crypto investor Arthur Cheong recently highlighted a trend among major investors accumulating a prominent altcoin.

Bitcoin (BTC) is once again hovering around the significant $60,000 mark, stirring mixed sentiment among market participants.

Robert Kiyosaki, author of ‘Rich Dad Poor Dad,’ has recently turned his attention to the banking system, issuing a stark warning on August 18 through his social media platform.

Last Friday, gold hit a record high, exceeding $2,500 per ounce, while Bitcoin struggled to keep pace. This has led to a debate within the financial community about the fundamental differences between the two assets.

Nate Geraci, founder of the ETF Institute, believes the recent downturn in memecoins is due to increased institutional investment in the cryptocurrency market.

Solana (SOL) is poised to top the token unlock list in August, with nearly $340 million worth of SOL tokens set to enter circulation.

Adam Back, CEO of Blockstream, believes Bitcoin is still in the early phases of a bull market and could potentially rise by over 700% this cycle.

VanEck forecasts that Bitcoin miners could generate up to $38 billion in extra revenue by reallocating 20% of their operations towards artificial intelligence (AI) and high-performance computing (HPC).

Vance Spencer, co-founder of Framework Ventures, recently discussed the evolving landscape of Bitcoin and Ethereum ETFs in an interview with CNBC.