Sat, November 16

UK Court Freezes $7.6 Million of Assets Belonging to Craig Wright

Craig Wright, who has claimed to be Satoshi Nakamoto, the creator of the Bitcoin network, has had £6 million ($7.6 million) in assets frozen by a court in the United Kingdom in order to prevent him from avoiding court expenditures related to this matter. After a court ruling disproved Wright’s

March 31, 2024 2 mins read

Empower Oversight and U.S SEC Reach Settlement in Ongoing Lawsuit

The U.S SEC has reached a settlement in a lawsuit that requested the disclosure of information pertaining to any conflicts of interest in the SEC’s enforcement actions regarding crypto. The head of the government watchdog group Empower Oversight explained the reasoning for the decision to settle the case with the

March 30, 2024 2 mins read

Bitcoin ETFs Dominate Market with $35B: What’s Next for BTC?

In a remarkable feat since their launch in January, nine out of the 10 new spot Bitcoin exchange-traded funds (ETFs) have collectively amassed over 500,000 BTC, now constituting 2.54% of the current circulating supply. This milestone, achieved within a mere 54 trading days, underscores the growing significance of ETFs in

March 30, 2024 2 mins read

Bitcoin Futures Open Interest Surges to All-Time High of $38 Billion

With open interest (OI) for bitcoin futures hitting a new high on centralized exchanges, trading activity surrounding Bitcoin has been on the rise. Friday saw a record-breaking amount of aggregated open interest for bitcoin futures, reaching $38 billion, according to CoinGlass. The daily open interest in bitcoin futures has climbed

March 30, 2024 1 min read

Billions in Bitcoin Flow Out of Exchanges as ETFs Drive Supply Squeeze

Since the introduction of spot exchange-traded funds (ETFs) in the U.S, approximately $10 billion worth of Bitcoin has deserted cryptocurrency exchanges. Glassnode, an on-chain monitoring company, reports that exchanges have witnessed outflows of more than 136,000 BTC since January 11th. Due to large withdrawals from exchanges this quarter, the supply

March 29, 2024 1 min read

Velar’s Bybit Listing: Signifying a Key Development for the Bitcoin Ecosystem

With its Initial Exchange Offering on Bybit, one of the top 2 exchanges in the world for derivatives volume and one of the top three exchanges globally by spot volume, Velar, the Bitcoin liquidity protocol that is bringing trillions of dollars in dormant capital to DeFi markets, is thrilled to

March 27, 2024 4 mins read

Peter Schiff Shifts Focus to Trump’s DJT Stocks, Calls it Bitcoin’s Alternative

After abandoning Gold, his beloved asset, for the first time, Bitcoin detractor Peter Schiff has found a new adversary for BTC. Hardline crypto critic Peter Schiff confirmed that the Truth Social SPAC (DWAC), an official business trading under the ticker DJT, founded by former US President Donald Trump, is a

March 27, 2024 2 mins read

Bitcoin Surges Over $70,000 on Back of Rising ETF Inflows

Bitcoin (BTC) surged past the $71,000 mark, marking a strong start to the week following a brief dip in prices last week. The renewed bullish sentiment has been fueled by increased investor interest, with net inflows into Bitcoin exchange-traded funds (ETFs) again turning positive. According to Spot on Chain’s report,

March 26, 2024 1 min read