Bitcoin (BTC) accumulation is showing resurgence and has caused the supply of Bitcoin on crypto exchange Coinbase to hit a nine-year low and recapture the $70,000 threshold. On March 25, Bitcoin reached its highest point since March 15 as it recovered the $70,000 level, according to statistics from CoinMarketCap. In
Applications to list cryptocurrency products, such as Bitcoin and Ethereum Exchange Traded Notes (ETNs), will soon be accepted by the London Stock Exchange (LSE). According to the statement made earlier on Monday by the trading giant, trade is expected to begin in the second quarter of this year. When the
As a penultimate step toward creating a well-structured and secure ecosystem for crypto assets in the EU, the European Securities and Markets Authority (ESMA) has released its final report on Markets in Crypto Assets (MiCA) legislation. Along with the release of this important report, ESMA will launch its third consultation
BlackRock’s spot Bitcoin ETF is poised to overtake the Grayscale Bitcoin Trust (GBTC) in terms of Bitcoin holdings within the next few weeks. As of March 22, BlackRock’s ETF holds approximately 243,126 Bitcoin, valued at $15.48 billion, with a steady daily inflow of around $274 million. On the other hand,
With just five weeks remaining until Bitcoin’s highly anticipated halving event on April 20th, 2024, investors are eagerly eyeing alternative cryptocurrencies poised for significant growth. Ethereum (ETH), Solana (SOL), and Retik Finance (RETIK) have emerged as top contenders expected to go parabolic post-halving, offering investors lucrative opportunities in the evolving
Kraken UK Managing Director Bivu Das said that Bitcoin ETFs should “absolutely” be introduced to the UK. Das said that a lot has happened since the UK banned such products in 2021 during an interview at the London Digital Asset Summit. Das stated: “And if anything, some of those concerns
According to a recent study, Argentina has had its largest demand for Bitcoin (BTC) in 20 months, as Argentines try to hold on to their assets amidst the continued collapse of the Argentine peso, the national currency. Almost 35,000 Argentine clients bought Bitcoin in the week ending March 10, according
The shift in momentum regarding institutional Bitcoin outflows may have already taken place. New information from several sources, including the UK-based investment business Farside, indicates that on March 22, the Grayscale Bitcoin Trust (GBTC) witnessed outflow of a mere $170 million. There has been a net decrease in assets under
Crypto transactions conducted using unverified self-custodial wallets are effectively banned by the European Union (EU), with a transaction limit cap set. To prevent financial crimes, this regulation is part of the larger Anti-Money Laundering (AML) guidelines. On March 19, the resolution was accepted by the majority of the main commission
BluestoneMining is pioneering a transformative approach to the digital asset industry, democratizing the cryptocurrency mining space by introducing revolutionary cloud mining solutions. This groundbreaking development aims to make the process of mining digital currencies accessible to a wider audience by simplifying and removing human involvement. Founded in 2016, BluestoneMining is
