Sat, December 13

UK Authorities Gain Power to Seize Crypto Holdings Without Arrests

Authorities in the United Kingdom now have more power to “seize, freeze, and destroy” offenders’ crypto holdings, according to the National Crime Agency (NCA) and police. The country’s law enforcement will be able to confiscate cryptocurrency assets without first making an arrest, according to the new regulations. A press statement

April 26, 2024 2 mins read

Fidelity’s Spot Bitcoin ETF Sees First Net Outflows Since Debut

Based on recent statistics, Fidelity’s spot bitcoin ETF had net outflows of $22.61 million on Thursday, marking the first day since the fund’s debut in January that more money was moving out of the ETF. Daily withdrawals of $217.58 million were reported by many additional U.S. bitcoin funds. Data indicated

April 26, 2024 2 mins read

Bitcoin and Ethereum Options Set to Expire: Traders on High Alert

As the expiration date approaches for significant Bitcoin (BTC) and Ethereum (ETH) options contracts, the cryptocurrency market braces for potential volatility. With 96,000 BTC options and 990,000 ETH options set to expire, valued at $6.2 billion and $3.1 billion respectively, traders are closely monitoring market dynamics. The Put Call Ratio

April 26, 2024 1 min read

Bitcoin Runes DOG Enters Top 10 Memecoins: What’s Ahead in Phase 2?

Bitcoin Runes-based memecoin DOG•GO•TO•THE•MOON (DOG) hits $500 million market cap following announcements of its listings on four notable centralized exchanges (CEXs) within the last 24 hours.  This surge has catalyzed DOG to join the top 10 memecoins by market cap. Notably, DOG stands on the ninth spot, with two hyped

April 26, 2024 2 mins read

Grayscale Bitcoin Trust (GBTC) Faces Continued Outflow Spree

Investors have been quite pessimistic about the Grayscale Bitcoin Trust (GBTC) for an extremely long time now. Senior ETF Analyst Eric Balchunas of Bloomberg confirmed that this 72-day period is the longest in the history of global ETF funds. Since January, when the United States government approved the introduction of

April 26, 2024 1 min read

Bitcoin Sign from Janet Yellen’s 2017 Congressional Hearing Sells for $1M

At auction, a yellow notebook with the words “Buy Bitcoin” sold for sixteen Bitcoin, or more than one million dollars. This notepad was displayed behind then-United States Federal Reserve Chair Janet Yellen at a congressional hearing in 2017. The successful bidder on the Bitcoin auction platform Scarce City went by

April 25, 2024 1 min read

BlackRock’s Bitcoin ETF Sees First Day of Zero Inflows Since Debut

Since spot Bitcoin ETFs were established in the U.S in January, BlackRock iShares Bitcoin Trust (IBIT) saw its first day of zero inflows. In the seven days after its opening on January 11th, IBIT has amassed almost $15.5 billion in investment capital, with daily investments totaling millions of dollars. On

April 25, 2024 2 mins read

Bitcoin (BTC) Price Isn’t Going To Rise Further?

Bitcoin (BTC) fails to maintain its momentum within the $66K-$67K range, noting over 3.7% decline. This drop in its price is influenced by the news of the US DOJ arresting the founders of Samourai Wallet. Following the Bitcoin Halving on April 19th, the king of crypto gradually rebounded back into

April 25, 2024 2 mins read

Bitcoin Critic Peter Schiff Warns of Decline Below $60,000 Support

The comment by prominent investor Peter Schiff that Bitcoin, the most valuable digital asset by market cap, would not be able to maintain its psychologically significant support level of $60,000 has started trending. The Bitcoin skeptic began his piece by assuming that the recent decline in gold prices has ended.

April 24, 2024 2 mins read
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