Tag: Bitcoin

BlackRock, recognized as a leading global asset manager, recently reached a significant milestone:

Real Vision analyst Jamie Coutts forecasts that Bitcoin could see a 200% increase in its current cycle, potentially reaching a six-figure price.

Retail investors continue to lead the way in spot Bitcoin (BTC) exchange-traded funds (ETFs), but institutional interest is growing steadily each quarter, as reported by Vetle Lunde from K33 Research.

Bitcoin’s mining difficulty has seen a notable decrease of over 4% following the latest network adjustment.

A renowned cryptocurrency analyst and trader who accurately predicted Bitcoin’s bottom in 2018 is now expressing optimism about the cryptocurrency

Germany’s Federal Office for Information Security (BSI) has advised cryptocurrency users to protect their digital assets using hardware wallets.

According to IntoTheBlock, Dogecoin (DOGE) has seen a 32% increase in daily active addresses over the past 24 hours.

Bybit has expanded its operations to Argentina, becoming a licensed Virtual Asset Service Provider (VASP) and card operator.

The Federal Reserve’s balance sheet expanded by $2 billion this week, reaching a total of $7.2 trillion.

The United States, known for its economic strength and advanced technology, is currently under the spotlight due to the approaching presidential election and the escalating national debt.

On Thursday, U.S. spot Ethereum ETFs saw a $39.21 million outflow, ending a three-day streak of positive inflows.

A New Zealand judge has ruled that Kim Dotcom, the creator of Megaupload and the failed Bitcache crypto platform, will be extradited to the United States, 12 years after his arrest.

On Thursday, the International Monetary Fund (IMF) suggested raising electricity taxes for cryptocurrency miners by as much as 85% to address global carbon emissions.

Economist Peter Schiff has highlighted Bitcoin’s (BTC/USD) divergence from other risk assets as the leading cryptocurrency has seen a significant decline while stock markets have risen.

Jamie Coutts from Real Vision believes Bitcoin (BTC) may be nearing a significant price rally due to favorable market conditions.

A prominent crypto analyst, known as The Crypto Dog, has indicated that the GMX token, associated with the decentralized exchange (DEX) GMX, is poised for a significant price surge.

Michael Burry, renowned for his 2008 financial crisis forecast, has sold off his entire investment in the Sprott Physical Gold Trust ($PHYS), which had gained 23% over the past six months.

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund by assets, increased its exposure to Bitcoin by purchasing shares of MicroStrategy, a company known for its significant holdings in BTC.

A recent report shows a decline in overall illegal cryptocurrency transactions in 2024, but highlights an increase in certain types of crypto crime.

Crypto analyst Benjamin Cowen suggests Ethereum (ETH) could be approaching a bottom in its valuation against Bitcoin (ETH/BTC).

Recent analysis from Glassnode reveals a notable increase in Bitcoin accumulation.

Bitcoin mining saw reduced profitability in July compared to June, as reported by Jefferies.

The U.S. has launched its first Bitcoin-related leveraged ETF, the MicroStrategy ETF (MSTX), which offers investors 175% daily leveraged exposure to MicroStrategy.

Morgan Stanley has revealed a substantial investment of $187.79 million in BlackRock’s iShares Bitcoin Trust, according to its recent Form 13F filing with the U.S. Securities and Exchange Commission.

The State of Wisconsin Investment Board (SWIB) has significantly increased its investment in Bitcoin, now holding nearly $99 million worth of BlackRock’s iShares Bitcoin Trust (IBIT) ETF.

Head of Fidelity’s Digital Asset Management, Cynthia Lo Bessette, hinted at new digital asset products like stablecoins and tokenized Treasury bonds.

The excitement around layer 2 scaling solutions is waning as investors realize these are essentially new blockchains.

Russia is back in the spotlight after recent issues with the Libyan dinar, which Libyan officials attribute to a surge in counterfeit bills reportedly linked to Russia.

Despite Ethereum’s price remaining relatively flat recently, Boomer Saraga, founder and CEO of Khelp Financial, believes the Ethereum network is nearing peak performance.

Recent Q2 reports from Bitcoin mining companies have highlighted their performance post-April halving, which increased mining difficulty and reduced hash prices.

Marathon Digital, a leading player in the crypto mining sector, has expanded its Bitcoin reserves by purchasing an additional $249 million worth of the cryptocurrency.

During the second quarter, about 66% of institutional investors either maintained or boosted their Bitcoin investments through U.S.-based spot ETFs, as reported by Bitwise.

CoinShares recently analyzed how the upcoming US elections could impact the cryptocurrency industry.

Exodus, the cryptocurrency wallet service, saw a notable surge in revenue for Q2 2024, reporting an 80% increase year-over-year to $22.3 million.

Iran is offering a $20 reward to citizens who report unauthorized cryptocurrency miners as the country deals with power shortages and a severe heatwave.

Norway’s sovereign wealth fund, NBIM, has increased its Bitcoin holdings to approximately $149.48 million, with a total of 2,446 BTC.

The latest US Consumer Price Index (CPI) report shows July’s inflation rate dropping to 2.9%, just below the expected 3%.

Bitcoin’s recent surge to over $60,000 sets the stage for a potentially historic rally, with forecasts pointing to a target of $150,000 by mid-2025.

Robert Kiyosaki, entrepreneur, investor and author of the bestselling personal finance book “Rich Dad, Poor Dad”, has issued a stark warning of an impending economic downturn.

According to data from Glassnode, nearly half of Bitcoin’s total supply has remained flat over the past six months, reflecting strong investor confidence.

The International Monetary Fund (IMF) and El Salvador are making headway towards a deal to address concerns linked to Bitcoin’s use as legal tender.

Markus Thielen from 10x Research suggests that a rise in stablecoin issuance might be crucial for Bitcoin’s next price surge.

Crypto analyst Benjamin Cowen predicts that macroeconomic trends may lead altcoins to gradually challenge Bitcoin’s (BTC) dominance in the near future.

Coinbase, the leading cryptocurrency exchange in the US, has unveiled its latest initiative: Coinbase Wrapped BTC (cbBTC).

Cryptocurrency investors are increasingly holding onto digital assets, especially Bitcoin, as they await the release of the upcoming US Consumer Price Index (CPI) data.

Eric Balchunas, a Bloomberg ETF analyst, reports that spot Bitcoin (BTC) exchange-traded funds have seen over $19.3 billion in net inflows this year.

Goldman Sachs has released its 13F filing for the second quarter, revealing significant investments in several Bitcoin ETFs.

David Smillie, founder of the now-defunct Canadian crypto exchange ezBtc, is facing allegations of embezzling CAD 13 million (USD 9.5 million) from his users, reportedly using the funds for gambling.

Tether CEO Paolo Ardoino believes that rising geopolitical tensions and macroeconomic shifts will heighten the value of scarce assets such as Bitcoin (BTC) and gold.

After experiencing a notable downturn, Bitcoin has managed to regain ground yet again in what looks like a short-term market revival.

Bitcoin’s current macroeconomic environment seems “ideal” for a breakout, yet the cryptocurrency faces potential instability due to over $500 million in upcoming liquidations.

Failed cryptocurrency exchange Mt. Gox is on its last stage of reimbursing clients with Bitcoin (BTC).

In Q2 2024, crypto startups saw a slight rise in venture capital funding, despite fewer deals, according to Pitchbook.

BitMEX founder and former CEO Arthur Hayes has shared his latest insights on Bitcoin (BTC) and the broader crypto market.

Bitcoin (BTC) is currently grappling with the challenge of breaking through and maintaining a level above $60,000.

A well-known economist who previously forecasted signs of economic strain in the U.S. by mid-2024 now anticipates a severe collapse in the cryptocurrency market.

BlackRock’s IBIT Bitcoin ETF has quickly become the third-largest Bitcoin holder globally, trailing only behind Bitcoin’s enigmatic creator, Satoshi Nakamoto.

On August 12, spot Bitcoin exchange-traded funds (ETFs) in the U.S. recorded net inflows of just $27.8 million.

Metaplanet, a prominent Japanese public company, has further increased its Bitcoin holdings with a new purchase of ¥500 million worth of BTC, announced CEO Simon Gerovich on X.

BlackRock, world’s biggest asset manager, is allegedly on the verge of launching its own blockchain platform, which could significantly impact the cryptocurrency landscape.