Sat, October 17

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

Should BTC Investors Prepare For a Dip Under $56K?

Bitcoin has experienced significant volatility over the past 24 hours, decreasing by 3.35%. After peaking at $70,041.27, the price eventually fell to $66,356.95. Three days ago, Bitcoin hit a monthly high of $71,979, but the bulls couldn’t maintain the momentum. Despite this, Bitcoin is up 2.30% over the past week,

May 24, 2024 1 min read

Will Bitcoin Return to $73K by the End of 2024?

Bitcoin (BTC) remained relatively stable early Thursday, with little change in price around $69,500. The lack of a clear direction comes ahead of the U.S. Securities and Exchange Commission’s (SEC) decision on VanEck’s spot ether ETF application, expected later in the day. BTC had previously faced resistance above the $71,500

May 23, 2024 2 mins read

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