Tue, January 7

The CFTC Approves Spot Bitcoin ETF Options for Listing

The United States Commodity Futures Trading Commission (CFTC) has taken a big step toward introducing spot Bitcoin exchange-traded fund (ETF) options. This decision removes a key regulatory barrier, with analysts predicting that these products could soon be available to investors. CFTC’s Announcement On November 15, the CFTC announced that its

November 16, 2024 3 mins read

Goldman Sachs Reveals $710M Bitcoin ETF Holdings

Goldman Sachs, one of the world’s largest investment banks, has disclosed $710 million in (ETF) holdings in its latest filing with the U.S. Securities and Exchange Commission (SEC). This marks a significant 70% increase in Bitcoin ETF investments since the previous quarter, reflecting the bank’s growing confidence in the cryptocurrency

November 15, 2024 2 mins read

Will Bitcoin Extend Its Drop or Hit $100K Target?

After maintaining a 9-day consecutive bullish streak, Bitcoin (BTC) drops over 5.87% in the last 24 hours, falling from a peak of $91,765 to an intraday low of $86,682. However, the flagship cryptocurrency is currently attempting to recover from earlier losses during Asian trading hours. At the time of writing,

November 15, 2024 2 mins read

Royal Bhutan Government Sells 367 Bitcoin on Binance

Bhutan has been quietly mining Bitcoin since 2021. Using its hydropower, Bhutan runs low cost, sustainable mining operations and has accumulated over 12,200 BTC, worth about $1.11 billion, making it one of the largest government holders of Bitcoin. Why Bhutan Is Selling Bitcoin According to Arkham Intelligence, Bhutan moved BTC

November 14, 2024 2 mins read

What Would Germany’s 50K Bitcoin Sale Be Worth Today?

While the enthusiasm over the Bitcoin market is soaring every day, Germany’s recent decision to sell nearly 50,000 BTC at $53,000 per coin during June and July has led to an estimated “$1.84 billion in missed profits” as Bitcoin surged to a new all-time high of $89,956.88.  At the current

November 12, 2024 2 mins read

Is Post-Halving Demand Fueling Bitcoin’s Historic Rise?

Bitcoin reached a historic milestone today, hitting an all-time high of $89,863. This new peak underscores the remarkable upward momentum Bitcoin has shown in recent days. The price surge reflects a 10.80% increase in the last 24 hours, with Bitcoin now trading at around $89,871.28.  Trading volume is also surging,

November 12, 2024 2 mins read

Bitcoin Whales Amass in Bulk Amid Ongoing Bullish Momentum

Recent Bitcoin news has focused the attention of crypto market players on the increasing interest from BTC whales. New Bitcoin wallets have reportedly amassed $145 million, increasing market optimism about the cryptocurrency’s continued surge and its potential for further gains. Even more encouraging for the flagship cryptocurrency’s future success among

November 8, 2024 2 mins read

US Strategic Bitcoin Reserve Gains Momentum Following Trump Victory

US Senator Cynthia Lummis revealed a major legislative plan aimed at the Federal Reserve and made a major revelation while remarking on Trump’s victory. The United States intends to establish a strategic Bitcoin reserve, which she again emphasized. American voters have been diligently following the progress of campaign pledges ever

November 7, 2024 2 mins read

Bitcoin Nears $70K as US Election Day Sparks Speculation on Trump Win

As the US election day approaches, the price of Bitcoin is once again aiming to recover the $70,000 mark. Bloomberg analyst Eric Balchunas discussed the potential significance of the flagship cryptocurrency as an indication for the start of the election when it briefly broke over this price level. According to

November 6, 2024 2 mins read

Will Bitcoin Break Resistance or Slip Further?

Bitcoin (BTC) recently faced a sharp decline after touching impressive highs. On 30 October, BTC surged to $73,500, continuing its pattern of “Uptober” gains. However, it failed to sustain momentum, slipping below the crucial $70,000 level. As of now, Bitcoin is trading around $69,561, reflecting a slight 0.07% uptick in

November 2, 2024 2 mins read
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