Bitcoin

Roughly a week after the United States Securities and Exchange Commission (SEC) approved the first wave of spot Bitcoin exchange-traded funds (ETFs), BTC investor demand in the country has slumped. According to a weekly…
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Bitcoin is currently at a pivotal juncture, raising questions about its true state in the financial system. Recent data reveals a complex picture, characterized by increased selling activity and shifting ownership patterns. This…
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Stablecoin giant Tether quietly bought over $360 million worth of Bitcoin (BTC) at the start of the year, according to on-chain data. The purchase brings the company’s total Bitcoin holdings up to 66,400 BTC worth $2.7…
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In an interview with Bloomberg, Rachel Aguirre, the head of product at BlackRock U.S. iShares, revealed that the firm’s spot Bitcoin ETF (IBIT) has witnessed a surge in inflows, predominantly coming from retail investors…
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JPMorgan CEO Jamie Dimon’s stance on blockchain technology and Bitcoin has become a focal point in the financial sector.  He recently articulated a clear differentiation between the two. Dimon sees the potential of blockchain technology…
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The trading volume for BRC-20 tokens has surged, rising from $10-15 million to over $500 million since November 2023, according to data from Kaiko. The data indicates a substantial increase in trading activity for tokens…
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Now that the long-awaited spot Bitcoin ETFs have been launched, the hype has faded, and crypto markets are correcting as analysts predicted. However, a looming Bitcoin leverage flush out on major exchanges could send digital asset…
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Anthony Scaramucci, the founder and CEO of alternative asset management firm SkyBridge Capital, has predicted that BTC will see its all-time high before 2024 comes to an end as the United States Securities and Exchange…
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Prominent investment firm Vanguard is anticipated to reconsider its current anti-Bitcoin position in the near future. However, recent actions by the asset manager reveal a deepening commitment to this stance. Eric Balchunas, a senior…
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TL;DR Bitcoin’s price fluctuated sharply, impacted by the US SEC’s mixed signals on BTC ETF approvals, with swings from $45K to $49K. Ripple’s XRP witnessed a growth in user wallets, reflecting increased network…
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