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Spot Bitcoin ETFs have recorded their third consecutive week of net outflows, totaling $435 million. The trend coincides with Australian regulators possibly approving spot Bitcoin ETFs. What Happened: According to a Coinshares report, Grayscale accounted for the majority of the...
SEC began investigtions into Ethereum as a security in March 2023. The regulator sent subpoenas and a Wells Notice to Consensys, a Ethereum development firm. The US Securities and Exchange Commission (SEC) has reportedly viewed Ethereum as an unregistered security...
zkSNACKs restricts Wasabi Wallet access for U.S. citizens and residents. Decision follows arrests of Samourai Wallet and Tornado Cash founders. Move aims to mitigate legal risks amidst regulatory scrutiny. In response to recent legal actions and regulatory scrutiny, zkSNACKs, the...
Ether’s (CRYPTO: ETH) recent performance has seen the cryptocurrency outstrip bitcoin in terms of gains for two consecutive weeks — despite the latter’s halving event. There was a 7.5% increase in the ETH/BTC trading pair during that timeframe, as noted...
The post Bitcoin’s STH-Realized Price Creates A Strong Support Around $60K! Will BTC Price Rebound? appeared first on Coinpedia Fintech News April was tough for Bitcoin as it fell below key support levels and approached weekly lows, pressured by macroeconomic...
Anthony Scaramucci, the founder of SkyBridge Capital, recently expressed his views on Bitcoin (CRYPTO: BTC), suggesting that owning the cryptocurrency now requires more intellect than courage. What Happened: On Wednesday, Scaramucci posted on X, formerly Twitter, “It took guts to...
A Bitcoin (CRYPTO: BTC) breakout above all-time highs may prompt a decisive push beyond the $80,000 mark, according to latest analysis from 10x Research. What Happened: Basing its latest newsletter on the investment philosophy of George Soros, 10x Research draws...
The Bitcoin market is notoriously concentrated among the top holders. The largest wallets hold a huge portion of the supply. And with the increase in institutional adoption, information about some of these top holders is becoming more accessible. Firms such...
Strike, a payments app focused on the Bitcoin blockchain, is now available in Europe. The platform recently expanded to Africa and its app is also accessible in Latin America. Strike raised $80 million in 2022 as it sought to expand...
Bitcoin’s (CRYPTO: BTC) fourth halving event may have resulted in the digital asset decisively surpassing gold in terms of issuance scarcity, according to Glassnode analysts. “The fourth halving marks a significant milestone in the comparison of bitcoin to Gold, as...
Renowned economist Peter Schiff expressed his views on the current market dynamics and vouched for buying gold over Bitcoin (CRYPTO: BTC) and tech stocks. What Happened: On Monday, Schiff took to X, formerly Twitter, and pointed out that investors are...
Crypto Thailand Implements Ban On Unauthorized Cryptocurrency PlatformsBitcoin Miners Upgrade Infrastructure, Embrace AI to Prepare For Dip In Revenue After HalvingBitcoin Signals Potential 67% Gain As This Key Metric Dips Below 90-Day Average: Analyst Says ‘Perfect Time To Buy’Bitcoin Transaction...
A new report reveals a decline in investor appetite for digital asset investment products, with outflows totaling $206 million for the second consecutive week. What Happened: This trend coincides with a decrease in trading volumes for Exchange Traded Products (ETPs)...
A joint fundraising committee for President Joe Biden returned a $50,000 donation from Sam Bankman-Fried, the disgraced CEO of now-defunct cryptocurrency exchange FTX, according to a Raw Story review of new federal records. The Biden Victory Fund surrendered the Bankman-Fried...
Leading cryptocurrency Bitcoin (CRYPTO: BTC) hit new all-time highs in March 2024. A U.S. Congressman was among the people who bought Bitcoin when it traded near all-time highs, leaving his most recent cryptocurrency investment down one month later. What Happened:...
Thailand’s Securities and Exchange Commission has announced that it plans to block local access to unauthorized cryptocurrency platforms, and has asked local investors to move out their funds from such platforms. Following a meeting on April 19 with a government...
The post Bitcoin Consolidates Above $66,000 Following Post-Halving Pressure! Here’s What To Expect Next appeared first on Coinpedia Fintech News Bitcoin and Ethereum recently faced some unexpected fluctuations just before the Bitcoin halving event on Friday. However, they have managed...
Bitcoin halving is a significant event that occurs roughly every four years, marking a gradual slowdown in the Bitcoin production rate; this is done to maintain a maximum limit of 21 million Bitcoin tokens. Around 19 million Bitcoin tokens are...
Morgan Creek Capital’s founder Mark Yusko on Monday said a wave of “fear of missing out” (FOMO) is on the horizon for Bitcoin (CRYPTO: BTC). What Happened: Speaking at Bitcoin Investor Day, Yusko pointed out that historically, Bitcoin’s fair value...
The post Why Bitcoin Price dropped below $60K ? Will BTC Price Plunge to $55K This Weekend ? appeared first on Coinpedia Fintech News Bitcoin has lost all the gains it made last Saturday, now trading under the critical $60,000...
Renowned cryptocurrency analyst Cold Blooded Shiller has expressed concerns about the potential for a significant correction in the price of Bitcoin (CRYPTO: BTC). What Happened: In an April 16 tweet, Shiller acknowledged the current strength of Bitcoin, attributing it to...
Anthony Pompliano, the founder and partner at Pomp Investments, offered a bullish outlook on Bitcoin’s price trajectory, with downside risk firmly capped at $50,000. What Happened: In an interview with CNBC on Tuesday, he attributed Bitcoin’s recent price surge to...
The post The Crypto Correction Has Just Intensified: Bitcoin (BTC) Price Tumbles Close to $60,000 appeared first on Coinpedia Fintech News The global factors appear to have highly impacted the traditional financial markets along with cryptos, as the major tokens...
Approximately every four years, the price of Bitcoin (BTC) undergoes a significant event called a halving. This process, which is written into the source code, is meant to bring anti-deflationary characteristics to the token and has helped the price appreciate...
Grant Cardone recently listed the 10,275 square-foot beachfront mansion he bought from fashion designer Tommy Hilfiger for 646 Bitcoin (Crypto: BTC). However, he didn’t provide much context to the move when originally listing it. He has since taken to X,...
Prominent cryptocurrency analyst Willy Woo suggests a potential Bitcoin (CRYPTO: BTC) could take the apex crypto to between $71,000 and $75,000 due to short liquidations. What Happened: According to Woo, Bitcoin is currently teetering on a critical support level at...
Hong Kong’s recent approval of Bitcoin (CRYPTO: BTC) and Ether (CRYPTO: ETH) exchange-traded funds (ETFs) for trading is a significant development in the world of digital assets. That’s according to a new research report by 10x Research, which highlights that...
Donald Trump is making history today in New York as the first former U.S. president to stand trial for criminal charges. Trump faces 34 criminal charges of falsifying business records as part of a scheme to hide hush money payments...
For the third time since their January launch, spot Bitcoin ETFs witnessed net outflows last week as Bitcoin (CRYPTO: BTC) prices declined 8% last week. What Happened: BitMEX Research data, as reported by Blockworks, indicates an $83 million drop in...
Mike Novogratz, CEO of Galaxy Digital, warned about the economic repercussions of war while forecasting a robust performance for Bitcoin (CRYPTO: BTC). What Happened: Novogratz, the billionaire founder of Galaxy Digital, took to social media platform X on Sunday to...
Germany’s LBBW bank and crypto exchange Bitpanda have announced a partnership. The federal bank will use Bitpanda’s technology to develop its own custody solution for crypto. Landesbank Baden-Württemberg (LBBW), Germany’s largest federal bank, has partnered with Austria-based crypto exchange Bitpanda...
Edward Snowden mocked the cryptocurrency community amid market turmoil due to heightened geopolitical risks and a risk-off sentiment among investors. What Happened: Snowden pointed out that the price of Bitcoin (CRYPTO: BTC) has remained at the same level when considering...
Renowned author, Robert Kiyosaki, has expressed his disinterest in Bitcoin (CRYPTO: BTC) ETFs, favoring direct ownership of assets over Wall Street’s financial products. What Happened: On Thursday, Kiyosaki, the author of “Rich Dad Poor Dad,” took to Twitter to answer...
Both Robert Kiyosaki and Cathie Wood are well known in the finance and investing community, although for largely different reasons. In the 1990s, Kiyosaki authored “Rich Dad Poor Dad,” a book about personal finance and building wealth. Wood is known...
Bitcoin’s (CRYPTO: BTC) ever-bearish commentator Peter Schiff commented on the crypto king, foreseeing its biggest crash and a potential MicroStrategy (NASDAQ:MSTR) bankruptcy. What Happened: In his latest appearance on Patrick Bet David’s podcast called “Valuetainment,” the economist explains how Bitcoin...
Ark Invest, known for its bullish bets on disruptive innovation, says in a new report that Bitcoin‘s (CRYPTO: BTC) recent price consolidation does not signal a bear market, but rather a healthy correction within a bull run. What Happened: The...
Crypto analyst, Michaël van de Poppe, predicts a potential new all-time high (ATH) for Bitcoin (CRYPTO: BTC) before the upcoming halving event, while altcoins face a tough time. What Happened: On Thursday, van de Poppe tweeted his analysis of the...