Fred Thiel, the CEO of Marathon Digital, a company involved in Bitcoin mining, believes that the chances of the U.S. Securities and Exchange Commission (SEC) approving a spot Bitcoin exchange-traded fund (ETF) are positive. Thiel’s optimism is fueled by the efforts of major players like BlackRock to launch such ETFs. He mentioned that the approval…
Even though groups like Lazarus have taken a lot of crypto, the technology that keeps track of crypto transactions makes it hard for them to use the stolen funds without getting caught. The FBI, which is like a police agency in the United States, has said that six Bitcoin wallets are connected to a hacking…
The price of Bitcoin (BTC) has gone down, making some people worried. But Bitcoin miners are still confident in the network. The current Bitcoin price is around $26,046. Even though the Bitcoin price is going down, the basic things that make the network work, like difficulty and hash rate, are getting stronger. This means that…
Xiao Yi, a past Chinese government worker, has been given a life prison term for taking bribes and misusing power. Part of his wrongdoing is connected to helping Bitcoin mining. The Chinese official supposedly used his power to give money and support to Bitcoin mining companies, and he also helped them with getting electricity. Misuse…
Let’s take a look at how the crypto market is doing right now, what’s making people feel a certain way, what’s happening in the crypto world, and what might happen in the next few days. In the last week, the worldwide crypto market has been up and down. Bitcoin (BTC), which was steady at about…
An undisclosed Bitcoin wallet has become the third-largest BTC holder globally, taking three months to amass enough BTC for this rank. This has led to speculation about the owner’s identity. BitInfoCharts, a crypto data platform, shared info about the secret wallet. This wallet got its first BTC on March 8. In just over three months,…
Empowered Funds is working together with Ark Invest and 21Shares to gain approval from the SEC for special Bitcoin futures ETFs. Empowered Funds, which is a part of Alpha Architect known as EA Advisers, has applied to create three new ETFs related to Bitcoin futures. These ETFs will be connected with 21Shares and Ark Invest….
Based on what Bloomberg’s Mike McGlone says, Bitcoin is becoming less risky compared to gold because its ups and downs are not as big. In the past years, Bitcoin’s ups and downs have become smaller, and Mike McGlone, a senior person at Bloomberg who looks at big money trends, thinks this will keep happening. This…
John Reed Stark, who used to work at the US Securities and Exchange Commission (SEC), is now even more doubtful about a Bitcoin exchange-traded fund (ETF) getting approved. He says the chances are very low. On August 19, Stark shared his thoughts on X (formerly called Twitter), saying that he believes cryptocurrency is full of…
The price of Bitcoin is holding on to its recent losses, staying below $26,500. Bitcoin is showing signs that it might go down even more, possibly reaching $25,000. Bitcoin is having difficulty reclaiming the $26,600 resistance area. It’s currently trading beneath $26,500 and the 100-hourly Simple Moving Average. On the hourly BTC/USD chart (data from…
Experienced trader Peter Brandt and other well-known analysts are foreseeing a potential decline in Bitcoin’s price, suggesting it could drop to the $25,000 level. This has raised questions among investors about whether this dip presents a favorable opportunity to purchase Bitcoin at a lower price. Both the cryptocurrency and stock markets experienced shocks over the…
Michael Saylor, the co-founder and executive chairman of MicroStrategy, has a strong belief in bitcoin. He was the CEO of the company for more than 30 years. Even after three years of MicroStrategy’s first Bitcoin purchase, Saylor still sees a bright future for the cryptocurrency. He has even predicted that the value of Bitcoin could…
In their recent report, CoinGecko unveiled the money needed per country to create a single Bitcoin. The report from CoinGecko shows the big differences in how much money it costs to use household electricity to mine 1 Bitcoin all around the world. It says that if you’re mining on your own, you would need about…
Bitcoin’s Value Falls 9%, Over $1 Billion Lost in Cryptocurrencies. SpaceX Not to Blame, Other Reasons Likely. Reetika, a crypto fan from Dubai, had the same thought as lots of others when she looked at her digital money after waking up: “Who sold?” The cryptocurrency world had been quiet for a few weeks, but that…
Bitcoin’s market dominance falls below 50%, and its price drops below the 200-day moving average. Will Bitcoin reach $20,000 or $30,000? Bitcoin’s price has plunged by 10%, dropping from $29,000 to under $25,000. This happened due to a bearish divergence formation and the completion of a Double Top pattern. The dominance of Bitcoin in the…
The US SEC is considering letting companies create ETFs based on Ether futures, a big step forward for the crypto industry. Around ten companies, including Volatility Shares, Bitwise, Roundhill, and ProShares, want to make these ETFs. It’s not clear yet which ones will be allowed, but some officials say a few might get approval by…
The BTC price moved out of its usual range and made people sell it at levels we last saw in June. It might keep dropping to $20,000. The price of Bitcoin dropped a lot in the Asian business hours on Friday. In just one day, it went down almost 8% to reach $26,362. Bitcoin had…
The SEC has postponed its decision about Grayscale’s request to change its Bitcoin Trust (GBTC) into an exchange-traded fund (ETF). The decision is anticipated to be revealed on August 18, marking 160 days since discussions started in March. As the SEC’s decision remains uncertain, Grayscale has advertised a job opening for a Senior Associate in…
Bitcoin is starting to move out of its recent price range due to rising inflation in the US. It’s quite probable that its value could decrease to around $25,000. Bitcoin is currently facing challenges as its value has fallen below $29,000. The trading volume reached $16 billion on Thursday, mainly because the overall cryptocurrency market…
Bitcoin’s value is expected to surge to more than $150,000 by the close of 2024, as experts anticipate a major increase. The approval of spot Bitcoin exchange-traded funds (ETFs) in the United States is a key factor driving this positive outlook. Renowned investment research firm Fundstrat has shared its Bitcoin predictions. In a CNBC discussion,…
Author Robert Kiyosaki, known for “Rich Dad Poor Dad,” says gold, silver, and Bitcoin are better than ETFs. Robert Kiyosaki, who wrote “Rich Dad Poor Dad” and is an entrepreneur, talked again about why gold, silver, and Bitcoin are good protection against problems with the government’s economy. He was on The Daniela Cambone Show recently…
El Salvador’s 70% yield dollar bonds attract Wall Street, while President Nayib Bukele’s commitment to debt payment reassures bondholders. Despite this, Bukele’s Bitcoin investments have decreased by about 30%, purchased at an average of $41,240 per coin. Two years ago, El Salvador’s President Nayib Bukele surprised Wall Street by getting into Bitcoin. But now, skeptics…
The SEC has pushed back the 2024 deadline for Bitcoin ETF approval. This move follows years of examining how to incorporate the fast-changing crypto space into conventional financial markets. In June, BlackRock and other companies applied for a Bitcoin ETF. This sparked fresh discussions about crypto ETFs and caught the attention of investors from different…
In Europe, something big has happened in the world of investing in digital money. They have listed the first spot Bitcoin exchange-traded fund (ETF) on a stock exchange called Euronext Amsterdam. This is a very important step for Europe and shows that they are interested in new ways of investing in cryptocurrencies. The ETF is…
Famous author Robert Kiyosaki, famous for “Rich Dad Poor Dad,” has sparked a fresh investor discussion through his recent tweets. He firmly champions the enduring worth of gold and silver, leaning towards silver as the ultimate long-term investment. Kiyosaki began a fervent discussion with a bold statement: “Gold and silver are God’s money put on…
Former SEC chief John Reed Stark suggests that the SEC might not be eager to allow Bitcoin spot ETFs. He points out that after the upcoming election, there could be a big change in how cryptocurrencies are regulated. In the changing world of cryptocurrencies, knowing what regulatory bodies think is really important for investors and…
Bitcoin (BTC) has been trading in a narrow range, but will its price go beyond $32,000 next week? Experts share their thoughts. Bitcoin (BTC) is still the most talked-about digital money in the crypto world. Its price hasn’t been very exciting lately, staying in a small range. A big analyst named CrediBULL has shared what…
Bitcoin is still trading in the same range without big changes, staying between $29,000 and $29,500 over the past day. On Sunday, like Saturday, most other cryptocurrencies are also quiet. However, there are two exceptions: RUNE and TON. Bitcoin Stagnant at $29K The last few weeks were not very exciting for the usually more up-and-down…
Azteco has introduced a novel approach to bolstering the spending capacity of Bitcoin. Through the introduction of Bitcoin gift cards, the company aims to empower users with a new way to utilize their cryptocurrency holdings for everyday transactions and purchases. Jack Dorsey is leading a $6 million funding round for Azteco, a provider of consumer…
The U.S. Securities and Exchange Commission (SEC) wanted to hear what people think about a new rule. This rule could let them decide about Bitcoin exchange-traded funds (ETFs) that work with actual Bitcoins. This delay means they’re taking more time before saying yes or no to Ark Invest’s Ark21Shares Bitcoin ETF. The SEC is taking…
Currently, the BTC/USD pair is experiencing a slight drop of around 0.50%. Its current value is at $29,400. In the world of cryptocurrencies, Bitcoin is dealing with stronger price changes because people are looking ahead to two important events: the Bitcoin halving in 2024 and an important choice from the US Securities and Exchange Commission…
This week, people who invest in crypto got affected by news that might not be true. Some people said the ETF would be approved by August 13, but there wasn’t good proof for this. Even though experts said the decision would be delayed before Sunday, some people still didn’t believe it. Latest Update on Spot…
Bitcoin and Ethereum displayed a combination of trading patterns and resilience following the CPI data release. The Consumer Price Index (CPI) numbers reflected a slight rise in line with what economists predicted. Analysts are optimistic about Bitcoin, projecting it to surpass $70,000 in value this year. Major cryptocurrencies showed mixed trading on Thursday evening, demonstrating…
Could the U.S. Securities and Exchange Commission (SEC) make the first deadline for the ARK Invest Bitcoin ETF filing happen sooner? People are wondering about when the U.S. Securities and Exchange Commission (SEC) will decide on the ARK Invest Bitcoin ETF. Most experts think the SEC might delay the decision, but Bloomberg ETF analyst James…
Billionaire investor David Rubenstein has expressed optimism about the potential longevity of the cryptocurrency market, particularly noting the significance of major financial institutions showing interest, such as the case with the Blackrock Bitcoin ETF. Billionaire investor David Rubenstein, known for co-founding The Carlyle Group, has shown strong faith in Bitcoin. He cited the significance of…
A Goldman Sachs analyst mentioned that the July CPI inflation data indicates a continued path towards disinflation. Could this lead to a Bitcoin price increase? Despite the first yearly increase in inflation in about a year, experts believe that the ongoing trend towards disinflation remains intact. The U.S. Bureau of Labor Statistics announced that U.S….
The US CPI inflation has been measured at 3.2%, slightly lower than the anticipated 3.3%. This news has led to Bitcoin and Ethereum prices being stressed, although traders hold optimism. In July, the yearly CPI inflation is reported at 3.2%, slightly lower than the expected 3.3%, as revealed by the U.S. Bureau of Labor Statistics….
After weeks of calm, the cryptocurrency market picked up speed again yesterday. Bitcoin (BTC), the main cryptocurrency, climbed to $30,000 in the day. Many of the larger cryptocurrencies also saw gains as the overall market value of the crypto world crossed $1.18 trillion, according to data from CoinMarketCap (CMC). BTC Crosses $30,000 Threshold Bitcoin (BTC),…
The top cryptocurrency, Bitcoin (BTC), has become more volatile recently. It went up by 2% in the last 24 hours, surpassing $30,000 on certain exchanges. Experts are optimistic, saying that “the party is coming.” BTC’s performance over the past week has been somewhat stable, making some investors less hopeful about an increase. However, crossing back…
Earlier this year, well-known crypto expert DonAlt shared his view that the biggest cryptocurrency, Bitcoin (BTC), is facing a bearish trend. He advised investors, saying that Bitcoin has entered a bearish zone. A crypto expert known as DonAlt has cautioned investors about Bitcoin’s situation. According to DonAlt, Bitcoin is now in a downward trend after…
David Rubenstein, who started a big investment company called The Carlyle Group, said on Tuesday that he regrets not buying bitcoin when it started. He mentioned this in an interview on Bloomberg Television. Billionaire investor David Rubenstein thinks bitcoin is here to stay because many people are really interested in it. He talked about this…
Big companies that people can buy shares in are telling everyone about the Bitcoin they own. A company called MicroStrategy is at the top of the list, and it’s a good example of how regular money and digital money are coming together. A group that looks at crypto closely studied the top 10 big companies…
In the last three months, Marathon Digital sold 1,800 Bitcoins to get $17 million to cover their expenses. On August 8th, Bitcoin mining company Marathon Digital Holdings Ltd. (traded on NASDAQ as MARA) announced its earnings for the second quarter of 2023. They made more money and had fewer losses. Because the price of Bitcoin…
Bitcoin’s price is about to break out of a pattern that could make it go up by 8.78% to reach $32,247. But before that happens, investors need to make the price changes more active. Bitcoin’s price has stayed quite steady between $29,000 and $30,000 for a few weeks. This isn’t just happening to Bitcoin, but…
The crypto cloud mining service platform Bitdeer has finished building its new mining place in Bhutan. In late July, the company got about 23,000 new mining machines and there are 7,000 more on their way to the Gedu Datacenter. The CEO of Bitdeer, Linghui Kong, mentioned that they are already checking how well the machines…
Bitcoin connected to Luna Foundation Guard is being transferred as Judge rejects Terra founder Do Kwon’s request to dismiss the US SEC lawsuit. Terraform Labs (TFL) and its co-founder Do Kwon have moved millions worth of Bitcoin and other cryptocurrencies in recent months. Kwon’s associates have begun selling BTC linked to Luna Foundation Guard after…
Bitcoin’s recent formation of the third golden cross in its history is seen as a positive sign for potential price recovery. Currently, the BTC price has been consolidating strongly around the $29,000 mark, leading to uncertainty among investors due to the subdued price volatility. This development has sparked interest and speculation about the future direction…
The new software aims to make managing mining capacity more efficient. It helps coordinate different parts of the Bitcoin mining ecosystem. The Crypto Shop AIRDROP Is Live, Get 3000 EMT Tokens Free = $30Â Join Now Tether developers are launching innovative JavaScript libraries to enable the transmission of orders and signals to Bitcoin mining gears. Tether’s…
Bitcoin mining stocks have had an incredible year in 2023, providing investors with double-digit returns. They have outperformed both Bitcoin itself and the average stock market index by a significant margin. Among the top performers, Riot platform stands out as the biggest gainer in 2023, with its stock rising by an impressive 442% from the…
Bloomberg’s ETF analysts predict that the US SEC is more likely to approve an Ethereum futures ETF than a spot Bitcoin ETF this year. The SEC is currently reviewing numerous Bitcoin and Ethereum exchange-traded funds (ETFs), suggesting the possibility of approving multiple ETFs by the end of the year. Companies like ProShares and Bitwise are…