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
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
Bitcoin and Ethereum prices, among many others, fell sharply today on reports from the Israeli military that Iran had attacked the country with “dozens” of drones. Reports indicate that a cargo ship owned by an Israeli billionaire has been seized by Iranian officials, in addition to the airstrikes. President Joe
With little sign of reducing anytime soon, Grayscale Bitcoin ETF GBTC’s Bitcoin holdings are steadily dwindling. After the fund lost more than 2,500 Bitcoin on Friday, April 12, the withdrawals from GBTC soared beyond $166 million. Farside Investors reports that since the Bitcoin ETF debuted in January of this year,
The cryptocurrency market experienced a notable downturn over the past 24 hours, marking a stark departure from the bullish trajectory witnessed throughout much of 2024. Bitcoin (BTC), the largest cryptocurrency by market cap, plummeted to a low of $65,254, marking a considerable drop from its recent high of $70,952. Similarly,
As the much-anticipated Bitcoin halving event draws closer, the crypto community finds itself divided on its potential impact on the market. With just seven days remaining, Bitcoin’s price has shown little movement, prompting speculation and differing opinions. Over the past month, Bitcoin has experienced a modest 3% decline in value,
According to the most recent edition of Reuter’s Inside ETFs, the remarks made by Grayscale CEO Michael Sonnenshein about Bitcoin ETFs seem to have sent shockwaves across the cryptocurrency market throughout the world. On April 10, investor interest was piqued by Michael Sonnenshein’s statement that Grayscale Bitcoin Trust (GBTC) outflows
Hong Kong is poised to greenlight Bitcoin Exchange-Traded Funds (ETFs) this month, marking a monumental shift in the global investment landscape. The impending approval by the Hong Kong Securities Regulatory Commission (SFC) comes hot on the heels of the U.S. Securities and Exchange Commission’s (SEC) decision to embrace Spot Bitcoin
Remarkably, prominent crypto skeptic Peter Schiff recently posted on X, claiming that the current price surge in Bitcoin is an attempt to attract ETF investors, predicting that the bounce would be short-lived and that the price of BTC will soon collapse. Investors are worried about the overall volatility of the
