Thu, September 3

MetaMask to Add Bitcoin Support, Expanding Crypto Wallet Capabilities

The Ethereum wallet MetaMask is going to have Bitcoin compatibility soon, allowing it to extend its capabilities even further. The company hopes that by doing this, users of Bitcoin and Ethereum would be able to more easily deal with one another. The goal of this work is to provide a

May 23, 2024 2 mins read

BTC Price Dips Down to $69K on Bitcoin Pizza Day!

The crypto market has shown optimistic performances this week. Bitcoin, Ethereum and other Altcoins have shown upward trends in market price. With the Bitcoin Pizza day celebrated today, the leading cryptocurrency’s prices dipped down to the $69K mark.  BTC witnessed a price recovery that snowballed to new monthly highs in

May 22, 2024 2 mins read

Bitcoin Policy Institute Launches Non-Custodial Fund Amid Scrutiny

The Bitcoin Policy Institute announced the launch of the Peer-to-Peer Rights Fund, a new initiative aimed at protecting Bitcoin’s decentralized nature from regulatory overreach. The fund’s inaugural objective is to defend the founders of Samourai Wallet, Keonne Rodriguez, and William Lonergan Hill. They face charges of conspiracy to commit money

May 22, 2024 2 mins read

Bitcoin ETFs See Substantial Inflow Amid Surging Institutional Interest

A substantial positive inflow of $305.7 million was seen in Spot Bitcoin ETF flows on Tuesday, May 21. It was BlackRock’s iShares Bitcoin Trust (IBIT) that spearheaded this massive influx of capital. When it came to the most recent trading session’s inflow, the IBIT ETF stood head and shoulders above

May 22, 2024 1 min read

How Programmability is Driving Bitcoin’s Demand and Value?

Bitcoin dominates the crypto market and is often considered digital gold. It seems primarily to be a digital store of value and is trying new dimensions to transform its functionality and appeal. After the halving and approval of ETFs, what will further lead to the value of BTC is the

May 20, 2024 2 mins read

Can Bitcoin’s Bullish Momentum Break Through $69K?

Bitcoin bulls made a comeback this week, surprising many investors after facing downward movements since the start of the month. Yesterday, BTC hit a five-week high of $67,700. In the past week, it surged 10.33%, and on a monthly timeline, it increased by 4%. The trading volume is up by

May 20, 2024 2 mins read

Venezuela Cracks Down on Crypto Mining Farms Amid Energy Crisis

The Venezuelan government has stated its intention to detach cryptocurrency mining farms from the power grid in order to control the country’s excessive energy consumption and guarantee a steady supply of electricity to its residents. In an effort to combat corruption, the government recently confiscated 2,000 crypto mining devices, prompting

May 19, 2024 2 mins read

Peter Schiff Calls Bitcoin ‘Dead’, Highlights Silver’s Outperformance

Despite Bitcoin’s recent surge to new all-time highs, renowned financial analyst Peter Schiff has once again shook up the cryptocurrency market by claiming the cryptocurrency is ‘dead’. In his most recent comments, Schiff, who is typically pessimistic about cryptocurrency, focused on the recent performance of bitcoin relative to silver, drawing

May 19, 2024 2 mins read

Crypto Market Fundraising Hits $2.4B in Q1 2024 Amid Institutional Inflows

Fundraising in the cryptocurrency market reached $2.4 billion in the first quarter of 2024, thanks to a shift in market mood and fresh inflows. According to a recent PitchBook analysis, the cryptocurrency sector saw a huge increase in investment numbers quarter-on-quarter. The bull market in Q1, during which cryptocurrency values

May 18, 2024 2 mins read

Spot Bitcoin ETFs Thrives Back as May Inflows Offset April Outflows

Bloomberg’s senior ETF analyst Eric Balchunas claims that the withdrawals from spot bitcoin ETFs last month were compensated for by the inflows in May. Balchunas stated: “The bitcoin ETFs have put together a solid two weeks with $1.3 billion in inflows, which offsets the entirety of the negative flows in

May 18, 2024 2 mins read