Sat, July 25

Blackrock’s Bitcoin ETF Dominates Market with Record Inflows

The approval of Bitcoin ETFs has caused them to gain a great deal of interest. When compared to other recently introduced ETFs, Blackrock’s performance stands head and shoulders above the competition, with the most assets under management and net inflows. Market players are now expecting bigger inflows this year due

February 17, 2024 2 mins read

Honduras Prohibits Banks from Crypto Dealings Citing Lack of Regulation

A resolution prohibiting financial institutions in Honduras from dealing with cryptocurrency was issued by the National Banking and Securities Commission of Honduras (CNBS). Due to the lack of regulation, the Honduran central bank said that it is unable to guarantee cryptocurrency transactions. Users of blockchain-based financial services and cryptocurrencies may

February 17, 2024 2 mins read

Bitcoin Whales Bullish Amid Mining Difficulty Surpasses ATH

Bitcoin whales have been increasing their holdings in recent weeks, as evidenced by data from Santiment showing a notable accumulation trend among wallets holding 1,000 to 10,000 BTC. These wallets have seen a rise in holdings from 24% to over 25%, with an upward trend beginning around January 22 and

February 17, 2024 2 mins read

Bitcoin (BTC) Mining Difficulty Hits 80 Trillion Ahead of Halving

The complexity of solving the mathematical equation connected with a block, which is a measure of Bitcoin’s mining difficulty, surpassed 80 trillion on Friday. With the mining difficulty hitting 81.73 trillion, the network hash rate—which measures the total processing power allocated by miners—rose to 562.81 EH/s, a new all-time high,

February 17, 2024 1 min read

Bitcoin Stays at $52K. Is a BTC Correction Coming Soon?

Recently, Bitcoin (BTC) has broken through the $52,000 barrier, fueled by sustained interest from institutional traders who continue to drive up demand for the cryptocurrency. The surge in Bitcoin’s price reflects a notable shift in investor sentiment, with a particular focus on call options set at high strike prices, indicating

February 16, 2024 2 mins read

“Bitcoin Is the Digital Powerhouse”, Says Microstrategy Founder Saylor

MicroStrategy, the prominent business intelligence firm, continues to stir up discussions within the financial realm with its audacious foray into Bitcoin investments. The company’s recent quarterly report for Q4 2023 unveiled a notable surge in its Bitcoin reserves, juxtaposed with a decline in revenue, marking a strategic shift in its

February 16, 2024 2 mins read

VanEck Slashes Spot Bitcoin ETF Fees, Joins Industry-wide Trend

Spot Bitcoin ETF issuers are still at battle over fees, and VanEck has quietly shifted gears by slashing fees. A 5 bps drop in the sponsor fee for VanEck’s spot Bitcoin ETF is detailed in a document the company made with the U.S SEC. Sponsor fees for VanEck’s Bitcoin ETF

February 16, 2024 1 min read

U.S SEC Faces Backlash as DEBT Box Challenges Case Dismissal

The U.S Securities and Exchange Commission moved last month to dismiss DEBT Box’s lawsuit after the agency confessed making false claims in court. DEBT Box requested the judge to reject this motion. Last year, the SEC filed a lawsuit against Digital Licensing Inc., which operates under the name DEBT Box,

February 15, 2024 2 mins read

Bitcoin ETF Inflows Reach Record High: Will It Propel BTC $55K?

Bitcoin soared above $52,000, marking an unexpected high after two years with a 5% surge over the past 24 hours. This milestone has ignited jubilation within the cryptocurrency community, fueling anticipation and fervor for what lies ahead. Adding to it, there is a notable surge in net inflows into Bitcoin

February 15, 2024 2 mins read

Genesis Granted Court Approval to Sell GBTC Shares Worth $1.3 Billion

Genesis, a defunct cryptocurrency firm, has been given the go light by a court to sell off its approx. 35 million Grayscale Bitcoin Trust (GBTC) shares. The crypto firm is now approved to sell its around $1.3 billion worth of GBTC after months of litigation were ultimately dismissed by the

February 15, 2024 2 mins read