Bitcoin
Reddit Co-Founder Highlights Democrats Going Against Party to Support Crypto
A dozen Democrats defied party position to support a pro-crypto motion on Thursday during a joint session between the U.S. Senate and the House of Representatives. The identified democrats who...
Hong Kong Crypto Hub Ambitions Stalled by Weak ETF Demand
Hong Kong’s initial foray into Bitcoin Exchange-Traded Funds (ETFs) has met with muted investor interest, according to a recent Bloomberg report. The total assets under management for the six ETFs...
Bitcoin Breaks $66K Barrier Following CPI Data, Eyes New Highs
Bitcoin’s price surged another 6% on Thursday, surpassing $66,000 for the first time since March. As of press time, it stands at $66,225.85 with a market capitalization of $1.295 trillion....
Bitcoin Nears All-Time High on Renewed Institutional Demand
Bitcoin prices rallied into bullish territory fueled by a surge in spot Bitcoin ETF inflows and a 7% price increase over the past day. This positive movement comes on the...
ALEX Lab Offers 10% Bounty for Return of $4.3M in Stolen Assets: Will the Hacker Bite?
The ALEX Lab Foundation, grappling with a recent security breach that drained over $4.3 million from its Bitcoin DeFi application, has embarked on an unconventional route to recover the stolen...
Bitcoin’s BTC Trades Sideways, Bullish Breakout Anticipated
In the past two months, Bitcoin has maintained a sideways trading pattern following a significant rally that drove its price past previous all-time highs. This period of stability raises questions...
Bitcoin ETF Experienced $100M Net Inflow Despite GBTC $50M Outflow
According to data from Soso Value, there was a total net inflow of $100.5 million into the Bitcoin spot ETF market on Tuesday, May 14, 2024. Delving into the inflow...
MicroStrategy Joins MSCI: Crypto Goes Mainstream
MicroStrategy, the company famous for its massive Bitcoin holdings has been added to the MSCI World Stock Index. This move reflects the increasing acceptance of cryptocurrency in the traditional investment...
Rain Exchange Assures Safe Customer Funds Following a $14.8M Exploit Revelation
According to a recent revelation by crypto sleuth ZachXBT, the prominent Middle Eastern cryptocurrency exchange, Rain, was “likely exploited” on April 29 for $14.8 million. The sleuth reported that a...
OKX Becomes the Largest Crypto Exchange Offering AUD Services
OKX, the second largest crypto exchange by trading volume, has announced the launch of its spots and derivatives crypto trading platform in Australia. With its efforts to expand its services...
Bitcoin Price Indicates Bearish Trend, Explaining Why BTC May Fall Below $60K
There is increasing bearish pressure on Bitcoin’s price as the flagship crypto repeatedly fails to break above resistance levels. In a gradual trend, BTC has continued to put in lower...
El Salvador Launches Dedicated Mempool For Public Bitcoin Treasury Assessment
El Salvador, the first country to make Bitcoin a legal tender, has continued to accumulate the pioneer cryptocurrency. The South American nation also noted in a post on X that...
Bitcoin Collapse to $60,0000 Leaves XRP, ADA At Risk
Bitcoin’s (BTC) price decrease to $60,800 might have left Ripple (XRP) and Cardano (ADA) on the brink of another plunge. According to Coinglass, the decline caused a total of $156...
RNDR Surges 11% Following Apple’s Octane Mention
Render Token (RNDR) printed an 11% uptick after Apple briefly mentioned Octane, a 3D design software powered by the Render Network while unveiling its latest iPad featuring the M4 chip. ...
Will Bitcoin Hit $1 Million By 2030? Insights from Jack Dorsey
Jack Dorsey, the former CEO of Twitter, reiterated his bullish perspective on Bitcoin (BTC), forecasting that the pioneer cryptocurrency could reach $1 million by 2030. He added that Bitcoin could...
BSV and XRP Supporter Argue Over Altcoins’ Superiority
A prominent crypto user identified as Mr. Huber on X has engaged an XRP critic in a debate. Point by point, Mr. Huber attempted to debunk the points raised by...
$2 Billion Token Unlocks: Will It Lead to a Longer Bear Market?
A prominent crypto analytics platform, 10x Research, recently warned against an impending bear market driven by the $2 billion token unlocks in the upcoming days. The platform asserted that the...
Bitwise Powers Spot BTC ETF Market With $11.5409 Million Net Daily Inflow
The net inflow of Bitcoin spot Exchange Trust Fund (ETF) on May 8, 2024, was $11.5409 million. Citing Soso Value’s data, famous blockchain and crypto journalist Colin Wu noted that...
Global Crypto Volumes Tank by 44% to $6.58T First Time in 7 Months
In April, the crypto market saw its trading volume dip for the first time in seven months. CCData, a digital assets data firm, reported that the combined volume across spot...
Bitcoin Bullish Signals Ahead As Analyst Deciphers Market Resilience
Daan Crypto Trades, a full-time crypto trader and investor, offers a pragmatic perspective on Bitcoin’s recent price fluctuations. Despite market euphoria and apprehension, Daan Crypto emphasizes the importance of patience...
Susquehanna International Group Invests $1.3 Billion in Bitcoin ETFs
In a recent development, Susquehanna International Group, a global quantitative trading firm, revealed that the firm holds about $1.3 billion in investments in 10 Spot Bitcoin Exchange Traded Funds (ETFs)...
Crypto Alert: Dormant Wallet Activates With Transfers $44 Million in Bitcoin: What’s Next?
Bitcoin soared above the $64,000 threshold today, setting a momentous achievement in its current run-up.The resurgence in Bitcoin’s price was accompanied by a noteworthy event – the activation of a...
South Korea Excludes Cryptocurrencies from Donation Legislation Update
South Korea has decided to exclude cryptocurrencies from its amended donation legislation, a move that could impact the country’s charities and donation drives. The Ministry of Public Administration announced that...
Solv Protocol Partners With Babylon to Bridge Native Restaking Yields on SolvBTC
Foremost Chinese blockchain and crypto reporter Colin Wu has highlighted the impressive growth of SolvBTC, a Bitcoin-based cryptocurrency protocol. In a recent post on X, Wu described SolvBTC as a...
Bitcoin’s Decade-Old Wallet Transfers $43.94M as BTC Hits $64K
In a financial maneuver, a Bitcoin wallet that had lain dormant for over a decade abruptly initiated a complete transfer of its holdings. The transaction, involving 687.33 Bitcoin (BTC), which...
