A crypto analyst just closed his short position on BTC, citing the inability to take out the daily high on the token. He further emphasized being on the lookout for a re-entry point to the said position. Meanwhile, BTC price remains above the $90k mark with a strong hold over
The fast growth of AI is further altering the environment for cryptocurrency mining, with Nvidia announcing that its next-generation Vera Rubin hardware platform is now in “full production.” This indicates an AI hardware refresh cycle that is arriving sooner than expected and will only accelerate the shift in the Bitcoin
Bitcoin is mostly known for its high degree of security, primarily because of its underlying blockchain technology. Although, experts warn that a new threat backed by quantum computing could lead to potential risks to cryptography via cryptographically relevant quantum computers (CRQCs). The head of global investment research at Coinbase, David
One of Wall Street’s biggest financial firms, Morgan Stanley, has filed with the United States Securities and Exchange Commission (SEC) to offer two kinds of exchange-traded funds (ETFs) tied to the value of Bitcoin and Solana, two of the most popular digital currencies. The documents were filed with the SEC
China releases its widest-ranging crackdown to date on real-world asset (RWA) tokenization, designating it as an illicit and high-risk business while now applying it to all RWA projects, both overseas and offshore with any connections to China. This is expected to severely limit any RWA projects related to Bitcoin and
Michael Saylor’s Strategy, a Bitcoin Treasury Company, is continuously expanding its bitcoin holdings. As per the filing with the US Securities and Exchange Commission on Monday, the company added 1,287 BTC to its holdings. The acquisitions were made between December 29 and January 4 and totaled around $116 million. In
With the mixed sentiment across the crypto assets, their price movements are watching out for a clear path to move forward. Some of the major digital assets are charted in green with a modest spike, and a few are still left within the red zone. Notably, Bitcoin (BTC), the largest
The controversy has been whether the U.S. government is breaking its own rule by selling Bitcoin that was supposed to be kept as part of the national Bitcoin reserve. They already passed Executive Order 14233 that if the government seized the Bitcoin, then it should not be sold. In November
The capture of Venezuelan President Nicolás Maduro by the U.S. over the weekend led to dramatic market movements in the conventional market, but the cryptocurrency market was relatively stable. This comes at a time when the oil prices have plummeted to multi-year lows, amid forecasts of higher supply. According to
Institutional demand for Bitcoin strengthened sharply on Friday as BlackRock’s spot Bitcoin ETF recorded its largest single-day inflow in nearly three months, signaling renewed confidence in crypto-linked investment products. BlackRock’s iShares Bitcoin Trust (IBIT) attracted $287.4 million in inflows, marking its biggest daily haul since Oct. 8, 2024, according to
