Tue, October 20

BlackRock Reportedly Plans 3% Workforce Cut Amidst ETF Pursuit

According to reports, investment banking behemoth BlackRock Inc. is planning to slash 3% of its employees in a massive reorganization similar to the mid-year layoffs that occurred in 2023. Charles Gasparino, a senior correspondent for Fox Business Network, claims that in three days the financial behemoth will announce the layoffs,

January 7, 2024 1 min read

Arthur Hayes Warns of Possible 40% Bitcoin Price Drop in March

According to Arthur Hayes, the price of Bitcoin might fall by as much as 40% in March. A week of market chaos is on the horizon, according to a recent post by the ex-CEO of crypto exchange BitMEX. As the first spot Bitcoin ETFs in the U.S are expected to

January 6, 2024 1 min read

Satoshi Nakamoto’s Wallet Receives 27 Bitcoins Worth Over $1M

Only days after the cryptocurrency world commemorated the 15th anniversary of Satoshi Nakamoto mining the Bitcoin genesis block, the anonymous creator of the cryptocurrency, who goes by the nickname “Satoshi,” seems to be back. The wallet address which belongs to Satoshi Nakamoto, has recently received a 27 Bitcoin transfer. On

January 6, 2024 1 min read

Bitcoin Holds Steady Amidst Anticipation of Spot Bitcoin ETF Approval

The asset manager VanEck plans to compensate the Bitcoin core developers once its spot Bitcoin exchange-traded fund application is approved by the U.S. SEC. Ahead of any potential approval of their spot Bitcoin ETF application, VanEck announced on January 5th via Twitter that it would be contributing 5% of its

January 6, 2024 2 mins read

VanEck Commits 5% Spot Bitcoin ETF Profits to Bitcoin Core Devs

According to asset manager VanEck, which is now in the process of applying for a spot Bitcoin exchange-traded fund with the U.S SEC, they want to give back to the Bitcoin core developers when the fund is approved. In anticipation of the possible acceptance of its spot Bitcoin ETF application,

January 6, 2024 1 min read

Strong U.S Job Market Growth Surpasses Analyst Expectations

According to the latest nonfarm payrolls statistics from the Bureau of Labor Statistics, the United States supposedly gained 216,000 jobs in December. The number of employment created in December was higher than the 199,00 positions added in November, according to the figures released on Friday. More jobs were created in

January 5, 2024 1 min read

Marathon Digital Sets Monthly Bitcoin Mining Record in December

The mining operation run by Marathon Digital Holdings set a new monthly record for Bitcoin output in December 2023. In December, the corporation mined 1,853 Bitcoin, which is a 290% rise over December 2022 and a 56% increase from November. Furthermore, the firm considers this to be the greatest monthly

January 5, 2024 1 min read

Bitcoin Price Briefly Recovers After Recent Flash Selloff

Q4 2023 saw record highs across the board for digital asset markets as institutional investors amplified their bullish positions in preparation for the anticipated approval of a spot Bitcoin ETF in the U.S.  Increased optimistic mood prompted by several reasons contributing to good on-chain metrics is detailed in a new

January 4, 2024 2 mins read

South Korea Proposes Credit Card Restrictions for Crypto Transactions

A modification to the Credit Finance Act has been suggested by the Financial Services Commission (FSC) of South Korea, which would significantly limit the use of credit cards for crypto transactions. This is an effort to prevent the possible misappropriation of money and speculative activity. The main goal of the

January 4, 2024 2 mins read