Hedge funds are ramping up their short positions against Bitcoin on the Chicago Mercantile Exchange (CME), even as spot Bitcoin exchange-traded funds (ETFs) enjoy a 19-day streak of inflows. According to Zerohedge, the Commodities Futures […]
The past seven days have been very interesting within the cryptocurrency market. The industry’s total capitalization increased by around $150 billion on the back of gains made by Bitcoin and many other altcoins. Price action […]
Friday delivered a double whammy to the Bitcoin market, exposing the cryptocurrency’s sensitivity to the ever-shifting sands of global economics. The price of the digital asset tumbled below $70,000 after a perplexing US jobs report […]
Donald Trump, the former president of the United States, further solidified his stance on the crypto sector, affirming his intention to embrace the title of “crypto president” during a recent fundraising event. Additionally, he pledged […]
As bitcoin prices approach another all-time high, the crypto industry is preparing for a potential wave of initial public offerings (IPOs), according to Bloomberg. If crypto asset prices continue rising, the next 18 months could […]
Bitcoin miners’ reserves have seen a steady decline over the past few months since the halving event in April. The latest figures indicate a massive decline to 3-year lows, signaling intense selling pressure from miners […]
Three years ago, President Nayib Bukele’s decision to make Bitcoin (BTC) legal tender in El Salvador made headlines around the globe. On September 7, 2021, the “Bitcoin Law” came into effect, making El Salvador the […]
The creator of the Bitcoin stock-to-flow (S2F) model, PlanB, has doubled down on his bitcoin (BTC) predictions for this bull cycle. According to a tweet by the crypto analyst, BTC will surge past $100,000 this […]
A recent survey by Germany’s central bank, the Deutsche Bundesbank, reveals a surprising openness among Germans towards the digital euro, the European Central Bank’s (ECB) proposed digital currency. However, the survey also exposes a significant […]
On Tuesday, US spot Bitcoin exchange-traded funds (ETFs) recorded significant inflows, totaling a remarkable $886.6 million. This influx marks the second-best day for joint net inflows into US spot Bitcoin ETFs. With these elements at […]
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