Tag: Bitcoin

Financial Analyst and author Lyn Alden has suggested that Bitcoin (BTC) could reach the $100,000 price mark or beyond within the next eighteen months.  In a recent interview, Alden pointed out that the current supply dynamics could set Bitcoin on its path towards six-figure prices in just months. She noted ...

Binance Labs has announced a strategic investment in BounceBit to further its vision of bolstering Bitcoin staking and CeDeFi infrastructure.  In a blog post published on Thursday, April 11, Binance Co-Founder Yi He emphasized that BounceBit creates new avenues for Bitcoin utility through its fusion of DeFi and CeFi. Yi ...

Australian investment company Monochrome has applied to list its pioneering spot Bitcoin exchange-traded fund (ETF) on Cboe Australia, transferring it from the Australian Securities Exchange (ASX).  In an announcement published on April 5 on its website, the asset manager stated this was a strategic move to capitalize on the growing ...

U.S. spot Bitcoin exchange-traded funds (ETFs) have rebounded with positive net flows after a recent period of negative flows, indicating a notable market shift. According to a report by BitMEX Research, ETFs recorded a total net flow of $15.7 million on March 25, 2024. Fidelity Investments's $FBTC and BlackRock's $IBIT ...

According to the latest report by BitMEX Research, U.S. spot Bitcoin exchange-traded funds (ETFs) recorded a cumulative negative net flow of about $262 million for the trading day ending March 20, 2024. This marks the third consecutive day of significant outflows for the funds, which has so far resulted in ...

Before the introduction of the Ordinals protocol, Bitcoin was largely regarded as a ‘boring’ blockchain. Since its inception in 2009, the pioneer blockchain has focused on serving as a peer-to-peer system for value exchange, aligning with the original vision of its creator, Satoshi Nakatomo. Innovations on the network were largely ...

U.S. Bitcoin spot ETFs reached another significant milestone since their introduction in January 2024. According to data from BitMEX Research, the ten funds available on the market recorded a net inflow that exceeded $1 billion on March 12, 2024. BlackRock's $iBIT led the pack with an impressive net inflow of ...

The US Securities and Exchange Commission (SEC) issued a notice on Wednesday, March 13, instructing First Trust-SkyBridge to publicly announce its Bitcoin ETF application has been "abandoned". This move follows the SEC's rejection of their initial application in January 2022. Since then, neither party has taken any meaningful steps to ...

The cryptoverse has taken a trip down memory lane, with the classic Nintendo 64 console now being emulated on Bitcoin's Ordinals protocol. The retro gaming system, which was a hit in the 90s, is now being brought back to life on the blockchain. Nintendo 64 Console on Amazon In a ...

2023 saw many governments recognize crypto ‘publicly’ as a legitimate financial asset and implemented regulations to help citizens benefit from its advantages and protect them from the potential risks of using it as an investment vehicle This process wasn't smooth for every country, notably the United States. Virtually all its ...