Bitcoin spot ETFs (exchange-traded funds) witnessed a landmark month in November, with net inflows surging to an unprecedented $6.2 billion. This financial instrument, which offers institutional investors indirect access to Bitcoin (BTC), broke the previous […]
Vancouver Mayor Ken Sim has revealed plans to incorporate Bitcoin (BTC) into the city’s investment portfolio, aiming to position the town as a crypto-friendly hub. This initiative seeks to diversify the city’s financial assets by […]
Marathon Digital Holdings (MARA), one of the largest publicly traded Bitcoin mining firms, has made significant strides in its cryptocurrency acquisition strategy. In a statement on November 27, the company revealed it had purchased 6,474 […]
Bitcoin’s recent explosive price action has resulted in a significant surge in profit-taking among long-term holders (LTHs). According to a review by Glassnode, the LTHs have realized $2.02 billion in daily profits, eclipsing the figure […]
Pantera Capital has forecasted that Bitcoin could hit $740,000 by April 2028. The firm recently announced a milestone for its Bitcoin Fund, which has achieved a remarkable 1,000x return. The fund’s lifetime performance now stands […]
Vocal Bitcoin critic Peter Schiff has argued that embracing Bitcoin as a nation would weaken America’s economy. Schiff’s comments, shared Monday on the social media platform X, were a pointed critique of Trump’s vision of […]
According to the World Bank, 1.4 billion adults around the world remain unbanked. The global financial system, despite its unbelievably vast infrastructure, falls short of serving the global population equitably on many counts. For many, […]
Digital asset investment products experienced a record-breaking week, with $3.13 billion in inflows, pushing total investments since mid-September – the start of US interest rate cuts – to $15.2 billion. According to CoinShares, year-to-date inflows […]
This week, three US economic events will be on crypto traders’ and investors’ watchlists. The interest comes amid the continued influence of US macroeconomic data on Bitcoin (BTC) and crypto prices in 2024, after drying […]
The world’s leading cryptographic currency is trading over 40% higher than its average price on the eve of the November 5th US elections. Analysts agree that this is owing in large part to the promises […]
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