Tag: Bitcoin

Did Institutional Investors Cause the Bitcoin Market to Drop Again?

Bitcoin (BTC) began the week with a decline, likely influenced by data from the US and actions by institutional investors.

12.08.2024 20:00 1 min. read Alexander Stefanov

Bitcoin Fear Index Plunges Amid Market Volatility

The Bitcoin Fear & Greed Index has plummeted to “extreme fear,” scoring 25 out of 100.

12.08.2024 18:00 1 min. read Alexander Stefanov

Top Bitcoin Miner to Raise $250 Million to Boost BTC Holdings

Marathon Digital has revealed plans to issue $250 million in convertible senior notes.

12.08.2024 17:30 1 min. read Alexander Stefanov

Bitcoin Bull Market Returns, Says Crypto Expert

CryptoQuant’s CEO, Ki Young Ju, has indicated that on-chain data suggests a resurgence of the Bitcoin (BTC) bull market.

12.08.2024 14:00 2 min. read

Important Announcement From Top Crypto Exchange Binance

Binance, a leading cryptocurrency exchange, announced the delisting of six altcoins—PowerPool (CVP), Ellipsis (EPX), ForTube (FOR), Loom Network (LOOM), Reef (REEF), and VGX Token (VGX). This led to sharp price drops for each token.

12.08.2024 13:00 1 min. read Alexander Stefanov

Hong Kong to Tighten Regulations on Stablecoins

In a strategic move to bolster its position as a global leader in financial technology, Hong Kong is preparing to implement stricter regulations for digital assets over the next 18 months.

12.08.2024 12:00 1 min. read Alexander Stefanov

Nigerian Lawyer Challenges Government’s Crypto Restrictions in Court

Nigerian attorney James Yutudor has initiated a legal battle against the government over its stringent cryptocurrency regulations.

12.08.2024 11:00 2 min. read Alexander Stefanov

Bitcoin Faces Crucial Test as It Dips Below Key Moving Average

Bitcoin is currently navigating a pivotal moment, drawing significant attention from crypto analyst Caleb Franzen.

12.08.2024 10:30 1 min. read Alexander Stefanov

More Trouble for Bitcoin: Potential Sell-Off Looms

Wrapped Bitcoin (wBTC) makes up about 10% of the reserves for the overcollateralized stablecoin DAI.

12.08.2024 8:00 2 min. read Alexander Stefanov

SEC Postpones Verdict on Groundbreaking Bitcoin-Ethereum ETF

The US Securities and Exchange Commission (SEC) has decided to delay its ruling on a dual cryptocurrency spot ETF submitted by Brazilian firm Hashdex.

12.08.2024 10:00 1 min. read Alexander Stefanov

Celsius Rebrands as Ionic Digital, Faces Challenges Ahead of IPO Plans

Celsius, the crypto lending firm that collapsed in June 2022, is currently navigating bankruptcy proceedings under its new name, Ionic Digital.

11.08.2024 21:00 1 min. read Alexander Stefanov

Next Week’s U.S. Inflation Report: Here is What to Expect

The US Consumer Price Index (CPI) report for July, due on August 14, is expected to show a rise, which could influence the Federal Reserve’s upcoming rate decisions.

11.08.2024 19:00 1 min. read Alexander Stefanov

Analyst Predicts Bitcoin to Exit Bear Trap and Surge Toward $72,000

A crypto analyst has suggested that Bitcoin may be transitioning from a bear trap and gearing up for significant gains.

11.08.2024 18:00 1 min. read Alexander Stefanov

Venture Capitalist Predicts Massive Crypto Growth in Next Five Years

Venture capitalist Preston Pysh anticipates significant exponential growth in the crypto sector over the next five years.

11.08.2024 16:00 1 min. read

Crypto Whales Bought Bitcoin Worth $5 Billion in July

In July, Bitcoin whales made significant moves by purchasing 84,000 bitcoins worth $5 billion, marking the largest monthly increase since 2014.

11.08.2024 15:00 2 min. read Alexander Stefanov

Morgan Stanley’s Bitcoin ETF Launch Could Trigger Major Regulatory Review

Chief John Reed Stark, former SEC Internet Enforcement, has cautioned Morgan Stanley against offering spot Bitcoin ETFs to clients.

11.08.2024 9:30 1 min. read Alexander Stefanov

Cardano Founder Warns Against Voting for Kamala Harris Due to Crypto Policies

Charles Hoskinson, founder of Cardano, recently warned that supporting Kamala Harris in the upcoming presidential election would be detrimental to the US crypto industry.

11.08.2024 9:00 2 min. read Alexander Stefanov

Michael Saylor Explains Why Bitcoin is a Strong Long-Term Investment

Bitcoin is recovering from its recent losses earlier this week. Michael Saylor, executive chairman of MicroStrategy, shared his thoughts on Market Domination about the cryptocurrency’s recent movement and his bullish outlook.

11.08.2024 8:00 1 min. read Alexander Stefanov

Bankrupt Crypto Lender Sues Tether for Over $2 billion

Celsius Network Ltd. has filed a lawsuit against Tether and its affiliates, accusing them of engaging in “fraudulent” and “preferential” transfers involving over $2 billion in Bitcoin (BTC).

10.08.2024 18:28 2 min. read Alexander Stefanov

Crypto Expert Predicts Massive Bull Run on the Horizon

Popular cryptocurrency investor Chris Burniske anticipates a significant bull run in the crypto market.

10.08.2024 18:00 2 min. read Alexander Stefanov

Here is What Sets Apart Cardano From Other Top Cryptocurrencies

Cardano (ADA), a prominent proof-of-stake cryptocurrency, has achieved exceptionally low inflation, drawing both commendation and criticism from the crypto community.

10.08.2024 12:00 2 min. read Alexander Stefanov

US Crypto ETFs Saw Combined Outflows of Over $105 Million

Spot Bitcoin exchange-traded funds (ETFs) in the U.S. recorded net outflows of $89.7 million on August 9, after attracting just over $194 million the day before.

10.08.2024 14:00 1 min. read Kosta Gushterov

Analyst Predicts Potential Turnaround for Altcoins Against Bitcoin

Analyst Benjamin Cowen suggests that the struggling altcoin market might start recovering against Bitcoin (BTC) under specific conditions.

10.08.2024 11:00 1 min. read Alexander Stefanov

Dogecoin Whale Transactions Rise Amid Bullish Market Sentiment

Dogecoin is experiencing a surge in large transactions and positive price action, leading traders to predict a bullish future for the meme cryptocurrency.

10.08.2024 10:00 1 min. read Alexander Stefanov

Virtual Banks May be a Better Service Option for Web3 Companies

Hong Kong’s virtual banks are at a pivotal moment, currently holding just 0.3% of all retail banks’ assets and occupying a negligible share of the financial market.

09.08.2024 20:30 1 min. read Kosta Gushterov

Bitcoin Mining Sees Significant Drop in Energy Consumption

Bitcoin (BTC) mining has seen a notable decrease in energy consumption, dropping to 115.21 TWh (terawatt-hours) as of now, down 24% from 152.52 TWh at the end of July 2024, according to Digiconomist.

09.08.2024 21:00 1 min. read Alexander Stefanov

Bitcoin Could Drop Below $40K This Cycle According to Veteran Trader

Veteran trader Peter Brandt is forecasting a significant drop for Bitcoin (BTC), suggesting there’s a 50% likelihood it could fall below $40,000 within this market cycle.

09.08.2024 18:30 1 min. read Alexander Stefanov

Irish Police Seize €6.5 Million in Crypto from Dark Web Suspects

Irish police has seized €6.5 million ($7.1 million) in cryptocurrency from three individuals arrested in Dublin for suspected involvement in dark web crimes and money laundering.

09.08.2024 22:00 1 min. read Alexander Stefanov

How to Protect Yourself From Fed’s “Criminal” Policy, According to Robert Kiyosaki

Robert Kiyosaki, renowned investor and author of the best-selling book “Rich Dad, Poor Dad,” has issued warnings about the actions of the United States government, specifically the Federal Reserve and the Treasury Department.

09.08.2024 17:00 2 min. read Alexander Stefanov

Bitcoin Holds Above $60,000, Giving a Boost to Other Cryptocurrencies

On Friday, Bitcoin (BTC) continued its upward momentum from Thursday, holding above the $60,000 mark.

09.08.2024 14:10 1 min. read Alexander Stefanov

Bitcoin ETF Options Expected by Q4 Amid Exchange Applications

James Seyffart recently indicated on X that there have been developments with Bitcoin ETF options.

09.08.2024 15:00 1 min. read Alexander Stefanov

Bitcoin ETFs Record Positive Inflows – What’s Happening With Ethereum ETFs?

Spot Bitcoin (BTC) exchange-traded funds (ETFs) in the U.S. recorded net inflows of $194.6 million on Tuesday, reversing Monday’s outflows.

09.08.2024 10:22 1 min. read Kosta Gushterov

Bitcoin Miners Struggle With Low Profits and Rising Operational Costs

Bitcoin miners are facing tough times as they encounter new challenges. Last Wednesday, mining difficulty surged dramatically, and Bitcoin’s value dropped by $10,000 in one day.

09.08.2024 11:30 2 min. read Alexander Stefanov

Metaplanet Shares Skyrocket After Bitcoin Purchase Announcement

An investment company plans to obtain a 1 billion yen loan, equivalent to $6.8 million, to bolster its Bitcoin holdings, according to an August 8 announcement.

09.08.2024 11:00 1 min. read Kosta Gushterov

Institutional Investors are Still Optimistic About Bitcoin

Recent insights from Matthew Sigel, who leads Digital Assets Research at VanEck, and J.P. Morgan, shed light on why institutional investors are still optimistic about Bitcoin.

09.08.2024 10:30 2 min. read Kosta Gushterov

Bitcoin Price Broke the $59,000 Level – Here’s Why

On Thursday morning, Bitcoin surpassed $57,000 after falling to below $50,000 during Monday’s market sell-off.

08.08.2024 18:57 1 min. read Alexander Stefanov

Analyst Predicts Major NFT Comeback This Market Cycle

A prominent crypto analyst predicts a major comeback for the NFT sector in the current market cycle.

08.08.2024 10:00 1 min. read Alexander Stefanov

Court Orders Global Freeze on Assets Linked to OneCoin’s ‘Cryptoqueen’

London’s High Court has issued a global freeze on assets tied to individuals involved in the OneCoin scam, including Ruja Ignatova, known as the ‘Cryptoqueen’.

09.08.2024 8:30 1 min. read Alexander Stefanov

IMF Works with El Salvador on Bitcoin Risk Management

The International Monetary Fund (IMF) is collaborating with El Salvador to address the financial risks linked to its Bitcoin adoption.

09.08.2024 8:00 1 min. read Alexander Stefanov

September Could be a Very Bullish Month for Bitcoin – Here is Why

One of the well-known crypto analysts known as “Rekt Capital” shared a bullish sentiment on Bitcoin (BTC) despite its recent drop to a six-month low.

08.08.2024 19:30 2 min. read Alexander Stefanov

US Could Create a Tax-Free Zone for Bitcoin Transactions

A new proposal in the United States aims to make the country a leader in the digital economy sector by creating a tax-free Digital Economic Zone (DEZ) for Bitcoin.

08.08.2024 16:15 2 min. read Alexander Stefanov

Binance Finally Lists Toncoin (TON) – Price Jumps 10%

Binance, the world’s largest cryptocurrency exchange, has officially listed Toncoin (TON) for spot trading, leading to a significant price surge of over 10%.

08.08.2024 13:10 1 min. read Kosta Gushterov

Will There be an Altseason Despite Economic Uncertainty?

CryptoQuant’s CEO, Ki Young Ju, remains optimistic about the future of altcoins despite challenging macroeconomic conditions.

08.08.2024 21:00 1 min. read Alexander Stefanov

Bitcoin Whale Activity Soars to Peak Levels

Bitcoin whale transactions surged to their highest levels since April amid a sharp market drop on August 5 and 6, with large holders capitalizing on the price decline.

08.08.2024 20:00 1 min. read Alexander Stefanov

Bitcoin Holds Above $57,000 – What Comes Next?

Following a steep market downturn on August 5th, the cryptocurrency landscape is rebounding.

08.08.2024 17:00 2 min. read Alexander Stefanov

Risks of Crypto Donations in Trump’s Campaign

For the first time in a U.S. election, a major political candidate is accepting cryptocurrency donations. Former President Donald Trump has made a surprising pivot, now embracing digital assets and even suggesting that all remaining Bitcoin should be mined in the U.S.

08.08.2024 16:00 2 min. read Alexander Stefanov

Michael Saylor Reveals $1 Billion Bitcoin Holdings

In a recent Bloomberg interview, Michael Saylor, Chairman of MicroStrategy, disclosed that his Bitcoin holdings are valued around $1 billion.

08.08.2024 15:00 2 min. read Alexander Stefanov

Analyst Predicts Bitcoin Will Rapidly Recover from Recent Drop

A well-known analyst is predicting a significant recovery for Bitcoin (BTC), expecting it to quickly recover its recent losses.

08.08.2024 13:30 1 min. read Alexander Stefanov

Bitcoin Bulls vs. Bears – What’s the Next Move?

Bitcoin’s recent dive below $50,000 has left the investment community trying to understand the abrupt market shift.

08.08.2024 9:30 2 min. read Alexander Stefanov

Bitcoin Faces Pressure as Market Dynamics Shift

Bitcoin (BTC) recently saw its price surge by 5.5% on August 6 but struggled to hold above $57,000.

08.08.2024 8:30 2 min. read Alexander Stefanov

BlackRock and Nasdaq Aim to Introduce Options Trading for Ethereum ETF

Nasdaq and BlackRock have filed a proposal with the SEC to introduce options trading for BlackRock’s Ethereum ETF, the iShares Ethereum Trust (ETHA).

08.08.2024 11:30 1 min. read Alexander Stefanov

Two of the Largest Global Companies to Integrate India’s Digital Rupee

Google and Amazon are set to collaborate with the Reserve Bank of India on the e-rupee, a digital form of India’s currency.

08.08.2024 11:00 2 min. read Alexander Stefanov

Another Top U.S. Bank Set to Introduce Bitcoin ETFs for Clients

After Morgan Stanley announced that it will allow its advisors to offer Bitcoin ETFs to some of their clients, another big american bank followed their example.

08.08.2024 8:00 1 min. read Alexander Stefanov

California City Seeks Bitcoin ATMs Regulation

A city in California is seeking state and local regulations to govern Bitcoin ATMs in order to reduce fraud and increase transparency.

07.08.2024 22:00 1 min. read Alexander Stefanov

Hong Kong Virtual Bank Launches Trading With Crypto ETFs

Hong Kong-based virtual bank Mox has introduced crypto exchange-traded funds (ETFs) trading for its clients and is considering a future expansion of spot trading markets.

07.08.2024 21:00 2 min. read Kosta Gushterov

BREAKING: Top U.S. Bank to Allow Consultants to Promote Bitcoin ETF

A few days ago, Bloomberg reported that Morgan Stanley will enable thousands of its financial advisors to start recommending spot Bitcoin exchange-traded funds (ETFs) to clients in the near future.

07.08.2024 15:11 1 min. read Kosta Gushterov

Younger Generations Prefer Bitcoin Over Traditional Finance – Michael Saylor

MicroStrategy’s founder, Michael Saylor, claims that younger generations are increasingly turning away from traditional finance in favor of Bitcoin (BTC) due to its 24/7 availability and modern advantages.

07.08.2024 20:00 1 min. read Alexander Stefanov

Analyst Shares Ideal Levels to Buy Bitcoin

A leading crypto analyst advises investors to wait for Bitcoin to drop to the low $40,000s before buying, suggesting this could be the best entry point for the upcoming market rally.

07.08.2024 19:00 1 min. read Alexander Stefanov

Will the Bank of Japan Raise Interest Rates Amid Market Turmoil?

The Bank of Japan (BOJ) has opted to keep interest rates unchanged due to ongoing global market volatility, according to Deputy Governor Shinichi Uchida.

07.08.2024 16:00 1 min. read Alexander Stefanov

Analyst Identifies Key Triggers for Crypto Market Recovery

A well-known analyst and trader, has identified four potential triggers that could revive the crypto market after a recent significant downturn.

07.08.2024 15:00 2 min. read Alexander Stefanov