Thu, April 18

Bitcoin Withdrawals From Exchanges Surge Ahead of Halving Event

A substantial spike in Bitcoin withdrawals from exchanges has been uncovered in a recent data study by CryptoQuant on X. There seems to have been a dramatic change in investor sentiment, since this pattern points to a major accumulating period in the crypto market. This rise is particularly noteworthy since

13 hours ago 2 mins read

Why Bitcoin FUD Mounts Ahead of Halving in 48 Hours?

Bitcoin, the leading cryptocurrency, finds itself in the midst of a tumultuous period as it navigates through volatile market sentiment, fueled by anticipation surrounding an upcoming event. With just two days remaining until the highly-anticipated halving, excitement and fear grip the crypto community, reflecting in a flurry of discussions and

1 day ago 2 mins read

Norway Passes Data Center Laws, Bitcoin Miners to Face Increased Scrutiny

Bitcoin (BTC) miners may be subject to more tracking after Norway approved new data center laws. All data centers in the nation will be required by the new law to formally register. This registration will include details on the data centers’ owners, managers, and the digital services they provide. Norway

April 16, 2024 2 mins read

Peter Schiff Predicts Tough Times Ahead for Bitcoin Price Trajectory

With global tensions on the rise and the Israel-Iran confrontation escalating once again, the price of Bitcoin is under heavy selling pressure and is falling below $62,000. The price of bitcoin has slightly rebounded since then and is now trading at roughly $64,058. Notably, Bitcoin naysayer Peter Schiff has forecasted

April 15, 2024 2 mins read

Grayscale Bitcoin ETF GBTC Suffers Steady Bitcoin Outflows

With little sign of reducing anytime soon, Grayscale Bitcoin ETF GBTC’s Bitcoin holdings are steadily dwindling. After the fund lost more than 2,500 Bitcoin on Friday, April 12, the withdrawals from GBTC soared beyond $166 million. Farside Investors reports that since the Bitcoin ETF debuted in January of this year,

April 13, 2024 2 mins read

Bitcoin Halving in 7 Days: What Can Traders Expect?

As the much-anticipated Bitcoin halving event draws closer, the crypto community finds itself divided on its potential impact on the market. With just seven days remaining, Bitcoin’s price has shown little movement, prompting speculation and differing opinions. Over the past month, Bitcoin has experienced a modest 3% decline in value,

April 12, 2024 2 mins read

Grayscale CEO Sees Equilibrium as Anticipated GBTC Outflows Subside

According to the most recent edition of Reuter’s Inside ETFs, the remarks made by Grayscale CEO Michael Sonnenshein about Bitcoin ETFs seem to have sent shockwaves across the cryptocurrency market throughout the world. On April 10, investor interest was piqued by Michael Sonnenshein’s statement that Grayscale Bitcoin Trust (GBTC) outflows

April 11, 2024 1 min read

Hong Kong’s Bold Step with Bitcoin ETFs, How BTC Responds?

Hong Kong is poised to greenlight Bitcoin Exchange-Traded Funds (ETFs) this month, marking a monumental shift in the global investment landscape. The impending approval by the Hong Kong Securities Regulatory Commission (SFC) comes hot on the heels of the U.S. Securities and Exchange Commission’s (SEC) decision to embrace Spot Bitcoin

April 10, 2024 2 mins read

Peter Schiff Predicts Bitcoin Price Collapse Amidst ETF Surge Speculation

Remarkably, prominent crypto skeptic Peter Schiff recently posted on X, claiming that the current price surge in Bitcoin is an attempt to attract ETF investors, predicting that the bounce would be short-lived and that the price of BTC will soon collapse. Investors are worried about the overall volatility of the

April 9, 2024 2 mins read

NiceHash Celebrates 10 Years with Bitcoin-centered Conference in Maribor

Later this year, NiceHash, an industry pioneer in Bitcoin mining, will conduct its first conference to commemorate ten years of development and innovation. The firm, which will celebrate its tenth anniversary on April 8, has set the historic NiceHashX conference, which revolves on Bitcoin, for November 8–9. Maribor, Slovenia, is

April 8, 2024 2 mins read