Thu, July 30

Bitcoin (BTC) Bulls Eye $70K Amid Crypto Market Swings

Bitcoin (BTC) has showcased significant market fluctuations recently, reflecting mixed sentiment, among investors. Today Bitcoin’s price movements were influenced by the anticipation surrounding macroeconomic data and the impact of the Bitcoin Spot ETF. After briefly surpassing $70,501 on May 27, Bitcoin faced substantial support and dropped 5% in 2 days

May 31, 2024 2 mins read

Binance Research: Bitcoin Scalability Advances Amid New Developments and Rising Fees

The crypto space’s flagship asset, Bitcoin, is still the biggest cryptocurrency by market cap, but it has never been really programmable, scalable, or popular among developers. Nevertheless, there has been a shift. There has been a dramatic increase in the volume of discourse around potential solutions to Bitcoin’s scalability with

May 30, 2024 3 mins read

Goldman Sachs Calls Spot Bitcoin ETF Approval a ‘Psychological Turning Point’

The recent approvals for the Spot Bitcoin ETF have been hailed by world-renowned financial firm Goldman Sachs as a “big psychological turning point.” With the approval’s effect in mind, the bank hailed January’s BTC investment offering as an “astonishing success.”  The digital asset market has been greatly affected by this

May 30, 2024 2 mins read

Jack Dorsey’s Ocean Mining Launches Global Hub in El Salvador

Jack Dorsey-backed Bitcoin mining pool Ocean has launched a “global hub” in El Salvador via its new entity. According to the X post, the new venture, Ocean Mining S.A. de C.V., headquartered in San Salvador, aims to leverage the favorable regulatory environment in El Salvador to expand its operations and

May 30, 2024 1 min read

El Salvador and Cathie Wood Collaborate to Boost Bitcoin’s Role in Financial Markets

El Salvador’s president, Nayib Bukele, and ARK Invest CEO, Cathie Wood, are working together to investigate how Bitcoin (BTC) may improve El Salvador’s financial markets and encourage innovation in technology. Joining forces like this might help El Salvador attract investors from across the world and boost its economy as it

May 29, 2024 2 mins read

BlackRock Surpasses Grayscale to Become Largest Bitcoin ETF Fund

The spot Bitcoin ETF IBIT, run by BlackRock, has surpassed Grayscale’s GBTC to become the biggest Bitcoin fund, marking a significant milestone in the industry. On May 28, the BlackRock Bitcoin ETF had inflows of above $100 million, signaling a flippening. At the time of writing, bitcoin is trading at

May 29, 2024 1 min read

Global Bitcoin ETFs Hold 5% of Supply Implies the Rise of Institutional Interest

Bitcoin exchange-traded funds (ETFs) worldwide have exceeded 1 million BTC under management, nearly 5% of the largest cryptocurrency’s circulating supply. This signals bullish institutional interest, and mainstream adoption of Bitcoin as an investment asset.  Global Bitcoin ETFs and its BTC AUM (Source: The Bold)  Signaling a major shift in the

May 28, 2024 2 mins read

Can Bitcoin’s Whale Accumulation Drive it Beyond Latest Peaks?

Bitcoin has experienced a slight dip of 0.82% in the last 24 hours, accompanied by a notable 32% surge in trading volume. However, zooming out to a monthly perspective reveals a more optimistic picture, witnessing a 9% surge. Just a week ago, it reached a 5-week high, touching $71,958. In

May 27, 2024 1 min read

Bitcoin To $70K, Will the Bulls Confirm this Rally?

Bitcoin (BTC) witnessed a significant ‘bull versus bear’ momentum throughout May, fluctuating within the $62,000-$70,000 range. Over the past 30 days, this largest cryptocurrency by market cap surged over 13%. As of late May, BTC teased a brief bullish rally to near its all-time high (ATH) while facing multiple hurdles. 

May 27, 2024 2 mins read

Marathon Digital Eyes Boosting Renewable Energy Expansion in Kenya

Marathon Digital, a prominent Bitcoin miner, has teamed up with the Kenyan Ministry of Energy and Petroleum (MOEP) to further expand the renewable energy industry in the nation, which is currently booming. The main goals of the collaboration are to build essential energy infrastructure, share ideas for policies and investments,

May 26, 2024 2 mins read