CoinShare: Crypto Investors Waver as Weekly Outflow Hits $206 Million

CoinShare Crypto Investors Waver as Weekly Outflow Hits 206 Million

Amidst the chaotic landscape of fluctuating interest rates and global unrest, crypto investors have pulled out massive amounts of funds from digital asset products for the second consecutive week. With uncertainty looming over traditional financial systems, it seems that the allure of cryptocurrency is only growing stronger. Discovering the latest trends in digital asset investments … Read more

US Senate Proposes 1% Tax on BTC Holdings Over $500K, WHY?

US Senate Proposes 1 Tax on BTC Holdings Over 500K

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

Bitwise CIO: Bitcoin Halving Sparks ‘Buy the News’ Frenzy

Bitcoin Halving

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

All is quiet on the Bitcoin ETF front – is it a concern?

All is quiet on the Bitcoin ETF front – is it a concern

Ever since its debut in January, the introduction of spot Bitcoin ETFs has sent shockwaves through the market, causing major ripples in the crypto world. This groundbreaking development has left even the biggest players, like Grayscale, scrambling to adapt to the new landscape. Once a dominant force in the world of cryptocurrency, Grayscale’s Bitcoin Trust … Read more

Why is this Bitcoin halving different and what is different?

Bitcoin halving

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

Bitcoin (BTC) is on a bullish run: Buy or sell?

Bitcoin (BTC) is on a bullish run Buy or sell

The crypto market is buzzing with nerves and a palpable sense of fear as investors brace themselves for potential tit-for-tat strikes between Israel and Iran. As the tension rises, Bitcoin seems to be taking a downward turn, riding the wave of bearish sentiment. But don’t be fooled, because beneath the surface, a bullish bull flag … Read more

Bitcoin’s $12.2K Drop: Where Are the Signs of a Recovery?

Bitcoin's $12.2K Drop

Bitcoin [BTC] takes a wild ride as it plunges 16.67% in just five days, dropping from its peak of $72.8k to a low of $60.6k this past Saturday. While technical analysis shows a bullish outlook in the long term, the market remains on edge as $314 million worth of assets were liquidated in the last … Read more

Tether’s $500 Million Bitcoin Mining Project Hits Final Phase Before Halving

Tether's 500 Million Bitcoin Mining project

Tether, the leading stablecoin, is on the brink of completing a groundbreaking $500 million Bitcoin mining venture. In a thrilling interview with DL News, CEO Paolo Ardoino spilled the beans on the company’s ambitious plan. Brace yourself, because this project involves not just one, but three countries – Uruguay, Paraguay, and El Salvador. The funds … Read more

Bitcoin Drops 8%, Drops Below $62K Before Rebounding

Bitcoin Drop

Saturday proved to be a tumultuous day for the world of cryptocurrency, as Bitcoin (BTC) and its counterparts took a sharp nosedive of nearly 10%. The value of the leading digital asset plummeted below $62,000, sending shockwaves through the market. However, just as quickly as it fell, BTC managed to regain its footing and climb … Read more

Bitcoin ETF sees net outflows of $55 million as BTC falls to $65k

Bitcoin ETF

Bitcoin ETFs Take a Hit: Investors Pull Out $55 Million in a Single Day on April 12 Bitcoin ETFs ahead of halving Friday saw a major shakeup in the world of cryptocurrency, with a whopping $166 million withdrawn from Grayscale’s GBTC, according to data from SoSo Value. This trend of large outflows from GBTC in … Read more