Can Bitcoin Cross $45K Amidst Bearish Trends?
Bitcoin faces stagnancy post-SEC ETF approval, with a 4% weekly drop. Tether acquires 8,888 BTC, aligning with its diversification strategy. In a recent turn of events, the price of the…
Bithumb Bitcoin Trading Skyrockets to Nearly $3 Billion in January, Leaving Upbit in the Shadows.
Bitcoin trading on Bithum reached an impressive $3 billion, while Upbit faced challenges with its volume remaining below $1 billion.In the last month, there has been a notable increase in…
Hong Kong Set to Launch Spot Bitcoin ETF in Q1 2024.
Venture Smart Financial Holdings plans to debut a spot Bitcoin ETF in Hong Kong early this year.In December, Hong Kong outlined the requirements for licensed firms to launch spot Bitcoin…
Court Orders Independent Examiner in FTX Bankruptcy Case.
Ruling of Judge John Dorsey of the U.S. Bankruptcy Court was overturned. The court found that prospective investors would benefit from more clarity.An independent examiner was ordered to be appointed…
Donald Trump’s NFTs Are Live on Bitcoin Ordinals.
Trump merges NFTs and Bitcoin with “One-of-One” Ordinals, priced at $9,900.His digital collectibles spark interest amid exclusivity and imposed limitations.Former U.S. President Donald Trump is intertwining the worlds of cryptocurrency…
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…
Ethereum Faces Bearish Pressure as Brief Correction Underway.
At the time of writing, ETH is trading at $2517, down 0.98% in the last 24 hours.If the price manages to go above $2611 level, then it will likely test…
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…