A substantial spike in Bitcoin withdrawals from exchanges has been uncovered in a recent data study by CryptoQuant on X. There seems to have been a dramatic change in investor sentiment, since this pattern points to a major accumulating period in the crypto market. This rise is particularly noteworthy since
Venture capital company X21 Digital is leading the $3 million initial investment round for Atomiq DeFi, a decentralized finance platform. The world’s first atomic-swap powered decentralized exchange (DEX) on Bitcoin, developed with the help of the Mintlayer layer-2 protocol, will be supported by the recent additional financial infusion. The initiative
On April 16, 2024, a lawsuit was filed against the United States Securities and Exchange Commission (SEC) in relation to the Consolidated Audit Trail (CAT), a system that was put in place to collect comprehensive transaction data from U.S. exchanges. The National Center for Public Policy Research and investors are
Bitcoin, the leading cryptocurrency, finds itself in the midst of a tumultuous period as it navigates through volatile market sentiment, fueled by anticipation surrounding an upcoming event. With just two days remaining until the highly-anticipated halving, excitement and fear grip the crypto community, reflecting in a flurry of discussions and
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
