Bitcoin ETFs Reach $100B with Massive Inflows in 2024
On Wednesday, Bitcoin ETFs saw a massive $773 million in net inflows, as the price of Bitcoin hit new record highs. Bitcoin exchange-traded funds (ETFs) have surged past $100 billion…
Bitcoin Targets $100,000 After Reaching New ATH of $97,600.
Bitcoin’s Resistance at $97,024 is broken, targeting $100,000 next.RSI at 70.66 and CMF at 0.312 confirm bullish momentum. Bitcoin (BTC) surged to a new all-time high of $97,628 and is…
Russia Imposes Winter Ban on Crypto Mining in Key Regions to Conserve Energy.
Russia aims to conserve energy during the winter months with the latest restrictions on cryptocurrency mining.In an effort to tackle electricity shortages, Russian officials disclosed plans to suspend cryptocurrency mining…
Trump Reportedly Mulling Pro-Crypto Lawyer to Replace Gensler as SEC Chair
United States president-elect Donald Trump is mulling his options for a replacement for the Securities and Exchange Commission chair.The Trump transition team is considering pro-crypto lawyer Teresa Goody Guillén as…
Supply Shock: Bitcoin ETFs Sucked up 9,000 BTC Daily While Only 450 Were Mined
Spot Bitcoin exchange-traded funds in the United States continue to suck up much more BTC than is being mined every day.Just under a whopping 9,000 BTC was accumulated by spot…
Heather Morgan Sentenced to 18 Months for Laundering Funds from Bitfinex Hack: Report
The court highlighted the calculated measures Morgan took to aid her husband, painting a stark contrast to her flamboyant public image.Heather Morgan, widely known by her rap persona “Razzlekhan,” has…
Ripple Whales and Sharks Are Buying as Retail Are Selling: Is That Bullish for XRP?
XRP reclaimed its position as the sixth-largest cryptocurrency.Ripple’s native token emerged as the top performer in the past few weeks, surging from under $0.6 to a three-year peak of over…
Brazil’s CBDC Pilot Enters Phase 2, Leveraging Blockchain and Oracles
In the second stage, it will employ blockchain and oracles to create a trade financing solution. Microsoft, Banco Inter, Chainlink, and 7Comm have joined the initiative.To enhance supply chain procedures…
Can Ethereum Break Free from Its Consolidation Phase?
Ethereum struggles to break resistance despite rising speculative trading activity.Market sentiment remains bearish, limiting Ethereum’s recovery. Ethereum (ETH) continues to grapple with resistance levels while Bitcoin (BTC) surpasses expectations, recently…
Bitcoin Becomes World’s 7th-Largest Asset.
With bitcoin going mainstream and attracting huge capital, the cryptocurrency’s exchange-traded products would soon flip gold ETFs in assets under management. Bitcoin’s (BTC) surge past initial resistance levels to new…