Fri, September 25

ExSat Collaborates with BitTrade to Boost Bitcoin’s Scalability and Security

With great excitement, exSat announces that BitTrade will become one of our network’s prestigious Data Validator nodes. With this collaboration, we will work with a licensed institution for the first time, greatly bolstering scaling solutions via the exSat Docking Layer and improving the Bitcoin ecosystem. exSat: Bitcoin’s Docking Layer ExSat is

July 18, 2024 3 mins read

Bitcoin Faces Brief Resistance After Recent Rally, What Next?

Bitcoin (BTC), the leading cryptocurrency, is marginally between the bearish and bullish zones. It is trading above $64K, declining at 0.61% in the last 24 hours. Following the price dip, the global crypto market dropped by 1.06%, returning to $2.37 trillion. Bitcoin’s price action might be backed by speculation about

July 18, 2024 2 mins read

US Spot Bitcoin ETFs Witness Massive $422.6 Million Net Inflows

Tuesday had the biggest daily net inflow of $422.67 million for the eleven U.S. spot bitcoin exchange-traded funds since June 5. As a result, their run of good flow was prolonged to eight days. SoSoValue data shows that BlackRock’s IBIT saw the highest net inflows since June 6th, at $260.23

July 17, 2024 1 min read

BitMEX Co-founder Arthur Hayes Launches Bitcoin Developer Grant Program

Arthur Hayes, a co-founder of BitMEX, has made an important announcement about Maelstrom, his early-stage investment fund. Hayes announced the launch of the company’s first Bitcoin developer grant program in a post on X today, July 17. There has been a flurry of activity in the sector as a whole

July 17, 2024 2 mins read

US Spot Bitcoin ETFs See $300.9M Inflows Amid Price Rebound

Strong investment into Bitcoin exchange-traded funds (ETFs) in the United States helped propel Bitcoin’s price to $65,000 at the start of the third week of July. More than $300 million poured into BTC exchange-traded funds (ETFs) on Monday. A positive aspect that may indicate reduced long-term volatility for Bitcoin is

July 16, 2024 1 min read

Metaplanet Continues Buying Spree with $1.26M Worth Bitcoin

For a total investment of almost $1.26 million, Japanese company Metaplanet extended its Bitcoin buying binge, purchasing an extra 21.88 BTC. Coincident with this news, the price of Bitcoin jumped 4.5% on Monday, bringing it near to $65,000. Metaplanet has been gradually increasing its Bitcoin holdings over the last two

July 16, 2024 1 min read

BlackRock CEO Larry Fink Endorses Bitcoin Amid Economic Uncertainty

In light of the current economic uncertainty in many countries, BlackRock CEO Larry Fink has gushed over Bitcoin (BTC) as an investment opportunity. A further bright spot in the global market, according to the CEO, is expansion in the private sector. After trading below $60,000, the crypto market recovered, and

July 15, 2024 2 mins read

Genesis Trading Sells Off 600 Bitcoins Amid Bankruptcy Proceedings

Genesis Trading is now dealing with bankruptcy and is continuing to sell off large amounts of Bitcoin. Analysts and investors are taking notice of the company’s decision to send 600 Bitcoin (BTC) to Coinbase, which is worth about $37.72 million. A substantial 600 Bitcoin (BTC)—worth over $37.72 million—was reportedly sent

July 15, 2024 2 mins read

US Bitcoin ETFs See Net Inflow of $310M Amid Market Recovery

The crypto market is in a bearish trend, and amid this downturn, the U.S. spot Bitcoin exchange-traded funds (ETFs) had a significant net inflow. While the German government has been going through a strong selling spree throughout this week, the spot Bitcoin ETFs in the U.S. witnessed significant accumulation.  According

July 13, 2024 2 mins read

Has the German Government Ended its Bitcoin Selling Spree?

In the past few weeks, the German government’s Bitcoin selling was the most discussed and watched within the crypto community. The government of Germany in a span of three weeks has managed to sell a notable 50,000 BTC. In the last 24 hours, their BTC holdings have fallen to almost

July 13, 2024 2 mins read