Bitcoin Breaks Below Key Support as Price Faces Severe Sell-off.
At the time of writing, Bitcoin is trading at $41,380, down 3.04% in the last 24 hours.If the price manages to go below $40,680 level, then it will likely test…
USDT Issuer Tether Purchased $380 Million Worth of Bitcoin. Will you?
Tether now has an astounding 66,465 BTC, or around $2.8 billion, in bitcoin.In September 2022, Tether bought 33,980 BTC to start their Bitcoin gathering journey.Tether, the issuer of the USDT…
BlackRock’s Spot Bitcoin ETF Hits $1 Billion AUM in First Week.
January 12 marked the beginning of trading for the asset manager’s iShares Bitcoin Trust. Statistics reveal that out of IBIT’s total assets, 99% are bitcoin. With $1 billion in assets…
Why is Bitcoin Dropping? Unraveling Grayscale’s BTC Selling Spree.
Major Bitcoin holder Grayscale has engaged in a significant sell-off of BTC.Over the past week, the price of Bitcoin has dropped from $46,200 to $40,756.The flagship cryptocurrency, Bitcoin (BTC), is…
Singapore Strikes Out Spot Bitcoin ETFs for Retail Investors.
Singaporean retail investors may still participate in Spot Bitcoin ETFs listed elsewhere. The regulatory body also cautioned those buying Bitcoin ETFs in foreign markets. After receiving clearance from the U.S…
Donald Trump Opposes CBDC in Latest Campaign Address.
Trump is worried about the dangers of debanking and political weaponization. Bitcoin and other cryptos were strongly opposed by Trump when he was president. There has been some talk about…
Fidelity Sees Recent BTC Sales as Short-Term ‘Hangover’ Post-Spot Bitcoin ETF Launch.
Timmer believes the situation is a “sell-the-news moment” where participants may have “equitized” future spot positions via futures markets.Jurrien Timmer, Fidelity’s Director of Global Macro, has expressed the view that…
Crypto Trader Capitalizes on Elon Musk’s Twitter Bio Change and makes $1 Million Profits
Musk’s profile change gained attention, driving a surge in TROLL token – 251% increase in under 24 hours and 13,208% rise in six days.A cryptocurrency trader who invested $10,000 in…
Bitcoin ETFs Have Traded $10B Since Launch, Hold 34.5K BTC
Trading for newly launched spot Bitcoin exchange-traded funds has been booming in the three days since they went live on exchanges. Almost $10 billion has been traded in spot Bitcoin…
Pepe Coin Shows Signs of Potential Bottom Amidst Recent Price Action.
Pepe Coin’s price has been under a descending resistance trend line since May 2023, hitting its lowest point in September.From September, Pepe Coin started an upward trajectory, with a successful…