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Bitcoin
Bitcoin ETFs to Likely Divert Users and Trading Volumes Away from CEXs, Says Anthony Bevan
Recently approved spot bitcoin exchange-traded funds (ETFs) are likely to divert investor interest and trading volume away from centralized exchanges (CEXs), according to Anthony Bevan, CEO of the wealth management firm Blockguard. Bevan, a…
Ordinals ‘Genesis Cat’ Fetches $254K in Sotheby’s Auction
“Genesis Cat,” a 1-of-1 digital artwork in the Quantum Cats collection on the Bitcoin blockchain, has achieved a remarkable sale price of $254,000 along with several other notable sales at a recent Sotheby’s auction.…
Report: Bitcoin Mining Sustainable Energy Usage Reaches 54.5%
Daniel Batten, co-founder of CH4 Capital, reported that bitcoin mining has reached all-time high levels of sustainable energy usage and emissions mitigation. According to Batten, 54.5% of the energy used for this activity is sustainable,…
Crypto Whales Hunt for Bargains As Bitcoin Prices Slide, Data Shows
Bitcoin traded at a fat premium on Bitfinex compared to the global average price over the weekend, hinting at bargain hunting by whales.
UBS Predicts Gold Prices Will Rise 10% in 2024 Amidst Fed Policy Pivot
UBS, a financial services company, predicts that 2024 will be fruitful for gold, forecasting a price increase of 10% over current market prices. According to UBS analysts, this price increase will be powered by a pivot in the current policy…
Number of Crypto Owners Globally Reached 580 Million in 2023, Report Shows
The number of global crypto owners surged 34% in 2023, reaching 580 million by December, a new report shows. In particular, bitcoin ownership surged 33% while Ethereum saw an even steeper rise of 39%. The report pinpoints the approval of…
SEC Got SIM Swapped: How Hacker Gained Control of SEC’s X Account
The U.S. Securities and Exchange Commission (SEC) has admitted that a SIM swap attack compromised its X account, where a fake announcement about the approval of spot bitcoin exchange-traded funds (ETFs) was posted. “The unauthorized…
Peter Schiff Says All Spot Bitcoin ETFs Are Now in Bear Markets — Warns of Deeper Losses
Gold bug and economist Peter Schiff has warned of deeper losses for spot bitcoin exchange-traded funds (ETFs), emphasizing that they are “now in bear markets.” Referencing the Proshares Bitcoin Strategy ETF which is down more…
Maxine Waters Questions Meta’s Digital Asset Ambitions
Maxine Waters has sent a probing letter to Meta, querying the tech giant’s recent spate of trademark applications related to digital assets and blockchain technology.
Maxine Waters Suspects Meta’s Renewed Interest in Digital…
Bitcoin Sinks Below $39,000 as Market Pressure Intensifies
Over the past day, bitcoin’s value has experienced further decline, now plummeting below the $39K mark as ongoing bearish trends exert downward pressure. Following its dip under the $40K barrier on Monday, the leading crypto asset…