Bitso, a cryptocurrency exchange established in Mexico and operating in multiple Latin American nations, has disclosed the trends that its user base adhered to in 2023. The CEO of Bitso Argentina, Julian Colombo, said that although Bitcoin remained the most widely used cryptocurrency in the area, Argentines possessed roughly five times as many stablecoins as … Read more
The world of cryptocurrency investment products saw a significant shift last week, with spot bitcoin exchange-traded funds (ETFs) emerging as the market leaders. These funds drew $1.1 billion in inflows, which is the largest amount of assets under management (AUM) since early 2022, according to a recent Coinshares report. Spot Bitcoin ETFs are king with … Read more
On Monday, the value of Bitcoin on the spot market surged above $49K, escaping the day’s early trading boundaries. With a 3.7% gain in the last day and a noteworthy 15.6% climb over the course of the week, the top digital currency by market cap quickly hit $50,000. Bitcoin Breaks the $49K Barrier, and Bulls … Read more
The Bitcoin network’s halving event is less than 10,000 blocks away from happening, according on the most recent data. According to more research, the halves is expected to occur between April 19 and April 21, 2024. Following the halving, block rewards will drop from the current rate of 6.25 bitcoins per block to 3.125 bitcoins … Read more
Bitcoin is showing strong upward momentum as of February 12, 2024, as seen by the huge increase it made on Sunday from $47,593 to $48,814 on multiple charts. The next Monday, there was $21.57 billion in trading volume for bitcoin, and its market value had increased to $939 billion. As of right now, the rising … Read more
The nine recently formed exchange-traded funds (ETFs) have acquired 6,009.49 bitcoin, or over $288 million, since the end of the spot bitcoin ETF trading sessions on February 9, 2024. Grayscale’s Bitcoin Trust (GBTC), which developed into an exchange-traded vehicle that is publicly traded, has concurrently sold out roughly 2,252.2 bitcoin, or nearly $108 million. As … Read more
The price of bitcoin reached all-time highs on Saturday, February 10, 2024, surpassing $48K, as of December 28, 2021. The top cryptocurrency on Sunday continued its strong upward trend, steadily rising past the recently set price threshold. The value of the cryptocurrency asset has increased by more than 2.6% in the last day and more … Read more
According to onchain monitoring company Glassnode, a significant change has taken place in the wake of the market’s recovery from the FTX collapse, placing bitcoin in a high-risk regime. In its most recent analysis, the business states that this regime usually denotes a turning point that frequently occurs before bull markets start, at which point … Read more
On Tuesday, Citrea—a technology that uses ZK rollups to grow Bitcoin—came out of stealth. The project intends to become a means by which other efforts can benefit from the security and decentralization of Bitcoin, while also facilitating scaling and enabling developers to integrate Ethereum Virtual Machine (EVM) programs into the protocol. Citrea Emerges from Silence … Read more
Reserves for Bitcoin ETFs Increase: Since the fund’s launch in January, more than 200,000 BTC valued at $9.56 billion have been gathered. Command of New ETFs More than 200,000 Bitcoin Spot bitcoin ETFs launched by Blackrock, Fidelity, Ark Invest, Bitwise, Invesco, Vaneck, Valkyrie, Franklin Templeton, and Wisdomtree have amassed sizable bitcoin (BTC) reserves over the … Read more