Grayscale’s recent court win against the United States Securities and Exchange Commission (SEC) boosted the entire cryptocurrency market. Bitcoin was among the big gainers, whose price touched $28,000 for the first time since mid-August. According […]
Bloomberg analysts have raised the probability for an approved spot Bitcoin exchange-traded fund (ETF) by the end of 2023, following a recent Grayscale victory against the federal securities regulator. In a Aug. 30 post on […]
The Court of Appeals for the D.C. Circuit had just granted Grayscale Investments’ petition to review a Securities and Exchange Commission (SEC) order. This ruling vacates the SEC order that had blocked the Grayscale Bitcoin […]
The latest edition of the weekly report from crypto exchange Bitfinex has revealed that Bitcoin’s mining difficulty reached a new peak as BTC hovered around the $26,000 price level. The “Bitfinex Alpha” report disclosed that […]
The CoinSwitch crypto exchange is the latest crypto trading platform in India that cut its workforce amid the prolonged cryptocurrency winter, the local news agency Moneycontrol reported on Aug. 28. The crypto exchange reportedly laid […]
A paradigm shift appears on the horizon of the cryptocurrency market. A series of spot Bitcoin Exchange Traded Fund (ETF) applications have reached the United States Securities and Exchange Commission (SEC). Each hopes to offer […]
Even as XRP encountered considerable upheaval due to escalating regulatory challenges, South Korean investors have remained unfazed. In fact, the asset has emerged as the most preferred one in their portfolios, especially those in their […]
Bitcoin (BTC) has gone silent over the weekend. CryptoQuant CEO Ki Young Ju said, in a recent post on X (formerly Twitter), that Bitcoin’s velocity has declined to a three-year low. He said this could […]
The inception of Ordinals in December 2022, initiated by Bitcoin developer Casey Rodarmor through the release of the ORD software, changed Bitcoin’s paradigm. Once merely satoshis in a fungible ecosystem, introducing Ordinals added uniqueness to […]
On-chain analysts at Glassnode and Ark have developed a new framework for analyzing the Bitcoin network’s “economic state.” The framework, called “Cointime Economics (CE),” will help increase the accuracy of on-chain analysis, which savvy investors […]
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