Bitcoin (BTC)

Study: 80% Increase in BTC and ETH Holdings as Institutions Become More Bullish on Ethereum in H2 of 2023

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Study: 80% Increase in BTC and ETH Holdings as Institutions Become More Bullish on Ethereum in H2 of 2023

According to the most recent Bybit user asset allocation study, between July 2023 and January 2024, institutional digital asset portfolios’ concentration of bitcoin and ethereum rose from 50% to 80%. In contrast to regular investors, institutions seemed to be more optimistic about ethereum than bitcoin throughout this time. Five Percent of Institutional Digital Asset Portfolios … Read more

Cryptocurrency Prices Today: XRP & Solana Gain, Ethereum Falls To 3300, and Bitcoin Hits 61K

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Cryptocurrency Prices Today: XRP & Solana Gain, Ethereum Falls To 3300, and Bitcoin Hits 61K

Today’s cryptocurrency prices show that Ethereum and Bitcoin are turning negative, while XRP, Solana, and Cardano continued to rise. Today’s major cryptocurrency values showed mixed results, with the price of Bitcoin (BTC) falling below $62,000 and some altcoins seeing notable increases. Furthermore, Ethereum dropped below $3,400. In the meanwhile, the value of several well-known altcoins … Read more

Current Cryptocurrency Price: BTC Exceeds $61,000 Mark; Bonk Rises 51%

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Current Cryptocurrency Price: BTC Exceeds $61,000 Mark; Bonk Rises 51%

Current Cryptocurrency Price: The leading cryptocurrency, Bitcoin, has broken through the $60,000 barrier. Cryptocurrency Price Today: In a historic move, the leading cryptocurrency, Bitcoin, has broken above the $60,000 mark and surpassed $61,000 for the first time since November 2021. In the last week, this incredible rally has seen Bitcoin rise above 20%, reaching a … Read more

While Spot Bitcoin ETF Reserves Are Rising, Kraken Institutional Joins the Market

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While Spot Bitcoin ETF Reserves Are Rising, Kraken Institutional Joins the Market

Kraken, a San Francisco-based cryptocurrency exchange, has debuted Kraken Institutional, a digital currency suite created specifically for institutional investors and high-net-worth businesses. Elite Clients Can Expect Deep Liquidity and Low-Latency Trading from Kraken Institutional Introduced by Tim Ogilvie, the global head of the business division, Kraken Institutional is a new cryptocurrency solution that builds on … Read more

Bitcoin Price Exceeds $59,000! Can Bitcoin Achieve $100K Prior to Halving?

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Bitcoin Price Exceeds $59,000! Can Bitcoin Achieve $100K Prior to Halving

After three bullish days in a row, the price of Bitcoin has above $59,000 and is rapidly approaching the $60,000 milestone. The overall power of the cryptocurrency is increasing to unprecedented heights as the entire trading volume of Bitcoin ETFs has crossed the $2 billion threshold. Moreover, the prospective rate reduction and the impending halving … Read more

Lemon Report: Tether Ruled the Stablecoin Sector, with Argentina Leading the Crypto Adoption in Latin America

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What are your thoughts on Lemon's report on cryptocurrency adoption in Argentina? Tell us in this section of the comments below.

In Latin America, Argentina is at the forefront of cryptocurrency use. In a report titled “Argentina Crypto Capital,” published by Lemon, a prominent exchange in the nation, it is stated that Argentines use four out of ten cryptocurrency apps in Latin America, and that over 70% of deposits made on the exchange are made using … Read more

The open interest in Bitcoin futures surpasses the 2021 bull run and reaches a lifetime high.

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The open interest in Bitcoin futures surpasses the 2021 bull run and reaches a lifetime high.

Over the past month, Bitcoin’s value has increased remarkably, and at the beginning of this week, it crossed the $57,000 mark for the first time since November 2021. The surge in value of bitcoin has prompted the creation of derivatives based on the cryptocurrency, leading to an unprecedented level of open interest in bitcoin futures … Read more

9 Bitcoin ETFs Shatter the All-Time Daily Volume High

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The CEO of Galaxy Digital predicts that this year, bitcoin will reach $100K, citing "runaway momentum" in spot ETFs.

As the price of bitcoin surged on Monday, nine freshly created spot exchange-traded funds (ETFs) for the cryptocurrency smashed their all-time daily volume record. A Bloomberg ETF analyst stated, “It’s official…the new nine bitcoin ETFs have broken all-time volume record today with $2.4b,” adding that Blackrock’s Ishares Bitcoin Trust (IBIT) “went wild,” shattering its record … Read more

In a single hour, Bitcoin erases $70 million in short positions with a stellar Monday surge of $57K.

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In a single hour, Bitcoin erases $70 million in short positions with a stellar Monday surge of $57K.

On Monday, the value of Bitcoin surged to a peak of $57,055, rising 10.1% in a single day to bring its market worth to $1.10 trillion. Bitcoin’s value in relation to the US dollar hasn’t increased to these levels since Nov. 22, 2021, which was 12 days after the cryptocurrency’s $69,000 peak. The Bitcoin Rally … Read more

Texas Voters See Cryptocurrency as a Relevant Issue for the Upcoming Elections, According to Coinbase

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Texas Voters See Cryptocurrency as a Relevant Issue for the Upcoming Elections, According to Coinbase

Major U.S. cryptocurrency exchange Coinbase has discovered that voters in Texas are interested in the topic of cryptocurrencies and the positions taken by presidential contenders on it. 4.7 million Texans, or 21% of the state’s adult population, are cryptocurrency owners, and 74% of them are inclined to back politicians who understand the importance of the … Read more