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Bitcoin
Blackrock Closes in on Grayscale in the Battle for the ‘World’s Largest’ Bitcoin ETF
U.S. spot bitcoin exchange-traded funds (ETFs) experienced three consecutive days of net outflows, with a loss of $58 million on Tuesday. Leading the outflow for the day was Grayscale’s GBTC. After Another Day of Outflow, IBIT Nears…
27% of Ethereum Now Staked: $98 Billion Committed as Interest Peaks
Recent data reveals that over 27% of all ether, amounting to 32,472,720 ethereum, is currently staked, as interest in this activity has heightened significantly within the past year. Liquid staking derivative (LSD) protocols have locked in…
Bitcoin Tumbles Below $60K, Ether Under $3K; Correction Not Over, Says Strategist
Large bitcoin investors haven't started to buy the dip yet, suggesting that the correction may continue for a while, an LMAX Group strategist noted.
Crypto Market Continues to Slide — QCP Capital Reports Increasing Market Anxiety
The cryptocurrency market contracted by nearly 2% on Wednesday, descending to a total value of $2.23 trillion. Bitcoin reached a daily low of $60,760 per unit, while ether declined to $2,944 per coin. Cryptocurrency Market Loses More Than…
Ordinals Explorer Ord.io Nets $2M in Pre-Seed Round to Pioneer Next-Gen Bitcoin Services
On Wednesday, Ord.io, the Ordinals explorer, announced a $2 million pre-seed funding achievement to pioneer the expansion of Runes. Leonidas, the founder of Ord.io, stated that the startup is strategically positioning itself to…
Bitcoin Technical Analysis: Key Indicators Signal Bearish Outlook
As bitcoin’s price action shows signs of continued bearishness, the digital currency’s trading volume and market capitalization suggest a volatile but keenly watched market. Bitcoin Bitcoin’s (BTC) current trading price…
Norway to Target Cryptocurrency Mining Through Data Center Regulation
Norway has recently announced its intention of enacting a data center-focused law, which seeks to exert more control over the operations performed at these locations. One of the objectives behind this move would be to crack down on data…
Peter Schiff Explains Why Gold’s Price Is Rising — Warns Bitcoin Is a ‘Gigantic Bubble’
Economist and gold bug Peter Schiff has explained why the price of gold is rising, warning that bitcoin is a “gigantic bubble.” He expects gold to be in “double digits” by next year. Meanwhile, he said that…
Cove Partners With Bazaar for Pioneering $COVE Token Auction to Decentralize and Bootstrap Protocol…
PRESS RELEASE. San Francisco, April 16th: Cove, the first onchain portfolio manager that eliminates loss-versus-rebalancing, has announced a strategic partnership with Bazaar, the decentralized and chain-agnostic launchpad. This…
Skybridge Founder: It Pays to Be Long Bitcoin — BTC Will Be Inflation Hedge and Store of Value as It…
Skybridge Capital founder Anthony Scaramucci firmly believes that bitcoin will be both an inflation hedge and a store of value as the cryptocurrency scales. He emphasized that bitcoin is “still an early stage technical asset that…