The US Spot Bitcoin exchange-traded funds (ETFs) have recently purchased around six times of Bitcoin produced in the past week. The Spot Bitcoin ETFs purchased around 18,644 BTC in the last week, when just 3,150 BTC were mined for that duration, as reported by HODL15Capital. The miners are allowed to
The gold investment market has experienced major changes because gold-backed cryptocurrencies have shown their highest minting volume in three years. However, central banks buy less gold. The precious metals market shows changing investor behaviour because of the current record gold prices. Digital Gold Gains Momentum as Institutional Demand Evolves The
Ethereum co-founder Vitalik Buterin has unveiled a vision to drastically simplify Ethereum’s core architecture over the next five years, drawing inspiration from Bitcoin’s minimalist approach. In a blog post titled “Simplifying the L1” published on May 3, Buterin emphasised that reducing complexity is key to enhancing Ethereum’s efficiency, security, and
The Governor of Arizona, Katie Hobbs, has rejected the bill, citing that allow the state to hold BTC as part of its official reserves, eventually killing the hope of making Arizona the first US state to adopt such a policy. The Digital Assets Strategic Reserve bill was the door to
The crypto market has regained bullish momentum, adding nearly $300 billion in market cap over the past two weeks. Bitcoin is leading the charge, trading above $96,500 and edging closer to the $100,000 mark, just 3.7% away. The world’s top cryptocurrency temporarily surpassed Google in market capitalization, becoming the fifth
Crypto investors love big targets—and 2025 is shaping up to deliver some bold ones. Bitcoin enthusiasts are eyeing the $100,000 milestone with growing confidence, while early-stage investors are turning their attention to Ozak AI, an emerging AI project priced at just $0.003 with a $1 target in sight. With both
Michael Saylor’s firm, Strategy (formerly known as MicroStrategy), is doubling down on its Bitcoin-first approach with an $84 billion capital strategy aimed at significantly increasing its BTC holdings. The company has announced plans to raise $42 billion through equity and another $42 billion through fixed income instruments to fuel the
Japanese investment firm Metaplanet has intensified its Bitcoin acquisition strategy by issuing 3.6 billion yen ($24.7 million) in zero-interest bonds. This marks its twelfth such issuance aimed at expanding its cryptocurrency holdings. Since implementing its Bitcoin-focused approach in April 2024, the Tokyo-based company has accumulated 5,000 BTC valued at approximately
Bitcoin is once again showing strong bullish momentum, recently crossing the $95,460 mark—its highest in two months. The crypto market’s capitalisation has soared to $1.88 trillion, while daily trading volume surged 13% to hit $28 billion. Against this promising backdrop, Arthur Hayes, CIO at Maelstrom and co-founder of BitMEX, has
Bitcoin has witnessed a slight decline of 0.15% on April 30 and is trading at $95,120. Before reaching this level, it traded at an intraday high of $95,485. In the last seven days, it is up 1.64% and 16.05% up in the duration of past month. The market capitalization stands
