According to a recent report from Bybit, one of the top three cryptocurrency exchanges in the world based on volume, there are just nine months of Bitcoin supply remaining on exchanges. This is because there will soon be a 50% reduction in Bitcoin supply, due to the impending halving. Moreover, the
As the countdown to Bitcoin’s much-anticipated halving dwindles, the cryptocurrency market finds itself engulfed in a whirlwind of volatility. With only 542 blocks remaining until the event, Bitcoin’s price has been subject to dramatic fluctuations, plunging to lows of $61,500 over the weekend before slightly rebounding. Despite the turbulence, key
Bitcoin (BTC) miners may be subject to more tracking after Norway approved new data center laws. All data centers in the nation will be required by the new law to formally register. This registration will include details on the data centers’ owners, managers, and the digital services they provide. Norway
At least three Hong Kong-based issuers have received green lights from the region’s authorities to launch spot exchange-traded funds (ETFs) trading Bitcoin (BTC) and Ethereum (ETH). Reuters said that on April 15, the first spot Bitcoin and Ethereum ETFs were provisionally authorized by the Hong Kong Securities and Futures Commission
With global tensions on the rise and the Israel-Iran confrontation escalating once again, the price of Bitcoin is under heavy selling pressure and is falling below $62,000. The price of bitcoin has slightly rebounded since then and is now trading at roughly $64,058. Notably, Bitcoin naysayer Peter Schiff has forecasted
Analysts are optimistic about the prospects of three cryptocurrencies for 2024—Solana, Bitcoin, and Retik Finance. But are they worthy additions to your investment portfolio? Let’s delve into the analysis and considerations surrounding each of these digital assets. Solana (SOL) Solana (SOL) has garnered significant attention for its robust infrastructure, high
Custodia Bank CEO Caitlin Long discussed the ways in which the court’s ruling in the case involving the Federal Reserve is limiting technological innovation in a conversation with FOX Business correspondent Eleanor Terrett. The Custodia Bank has previously sought oversight from the Federal Reserve System of the United States. The
Bitcoin and Ethereum prices, among many others, fell sharply today on reports from the Israeli military that Iran had attacked the country with “dozens” of drones. Reports indicate that a cargo ship owned by an Israeli billionaire has been seized by Iranian officials, in addition to the airstrikes. President Joe
With little sign of reducing anytime soon, Grayscale Bitcoin ETF GBTC’s Bitcoin holdings are steadily dwindling. After the fund lost more than 2,500 Bitcoin on Friday, April 12, the withdrawals from GBTC soared beyond $166 million. Farside Investors reports that since the Bitcoin ETF debuted in January of this year,
The cryptocurrency market experienced a notable downturn over the past 24 hours, marking a stark departure from the bullish trajectory witnessed throughout much of 2024. Bitcoin (BTC), the largest cryptocurrency by market cap, plummeted to a low of $65,254, marking a considerable drop from its recent high of $70,952. Similarly,
