Finance & Crypto News Website
Bitcoin ETFs take a tumble as $217 million flows out of the market on April 25th, leaving investors seeing red. Funds have been at a standstill in the world of ETFs, with five major players failing to see any movement. Among them is BlackRock’s iShares Bitcoin Trust ETF (IBIT), which has been stagnant for two … Read more
The digital currency world has been surprisingly tranquil over the last 24 hours, despite the wild ride of Bitcoin’s value as it hovers near the bottom of a bullish flag formation. Zooming in, the battle between Bitcoin and the US dollar has been fierce, with the former struggling to break through the formidable $67,200 barrier. … Read more
Revolutionizing the financial world, Metaplanet Inc. has taken a bold step towards embracing the future of currency by investing a whopping ¥1 billion ($6.25 million) in Bitcoin. Following in the footsteps of industry leader MicroStrategy, Metaplanet’s decision has sent shockwaves through the market and sparked excitement among investors. This strategic move by the Japanese powerhouse … Read more
Bitcoin’s Funding Rate Plummets to Record Low, Signaling Potential Market Shift According to CryptoQuant’s data, the perpetual futures market is experiencing a concerning trend – traders are paying a negative rate to open new long positions. This highlights a decrease in demand for Bitcoin, which is a stark contrast to the record-breaking demand seen in … Read more
The world of cryptocurrency was sent into a tailspin as prices plummeted in the last 24 hours, wiping out any progress made following the highly anticipated Bitcoin halving. A staggering $110 billion was wiped from the global market cap, leaving it at a mere $2.36 trillion. Short-Term Jitters The crypto market was shaken as Bitcoin … Read more
The infamous Mount Gox, once a dominant force in the Bitcoin exchange world, is making waves once again. Brace yourselves for the news that has everyone talking: a jaw-dropping $9.5 billion is about to be returned to its creditors. That’s right, a staggering amount of 142,000 Bitcoin and 143,000 Bitcoin Cash (BCH) is up for … Read more
Bitcoin ETFs See Record Influx of $62.09 Million in a Single Day on April 22nd The cryptocurrency market is buzzing with excitement as the Fidelity Bitcoin Spot ETF (FBTC) takes the lead in capital inflows on April 22, according to the experts at SoSo Value. With a whopping $34.83 million added to its balance sheet, … Read more
Revolutionizing the world of digital currency, the U.S. Senate made a groundbreaking announcement on a sunny April Sunday. In a bold move, they unveiled a new tax proposal aimed at the booming cryptocurrency industry. Under this proposal, those with a stake in the popular BTC currency, valued at over $500,000, will be subject to a … Read more
In an exclusive interview with CNBC on April 19th, Hougan revealed his thoughts on the highly anticipated Bitcoin (BTC) halving event. He believes that this year’s halving presents a golden opportunity for savvy investors to “buy the news” and capitalize on the world’s largest cryptocurrency asset. “If you look historically at halvings, the price action … Read more
The Bitcoin gears up for its highly anticipated halving event this week, possibly as early as Friday. But hold on tight, because this won’t be your run-of-the-mill halving ceremony for Bitcoin. The highly anticipated moment is approaching. The infamous halving of Bitcoin mining is looming, and with it comes a decrease in effectiveness. As the … Read more