Senator Marsha Blackburn of the United States has stated that she finds “so much that appeals” about bitcoin. She clarified that “there will be more transactions in your daily life where bitcoin is accepted as a form of payment as we move forward and people get more comfortable with the cryptocurrency.” Senator Blackburn Discusses Bitcoin’s … Read more
According to the CEO of Vaneck, the applications for spot Ethereum exchange-traded funds (ETFs) may be denied in May when the U.S. Securities and Exchange Commission (SEC) meets its decision-making deadline. His company is one of the ones applying to have a spot ether ETF approved. The CEO emphasized, “As far as Ethereum is concerned, … Read more
The CEO of Binance, Richard Teng, now anticipates that the price of bitcoin will rise over his previous projection of $80,000 this year. As endowments and family offices enhance their exposure to bitcoin in their investment portfolios, the executive expects strong inflows into U.S. spot bitcoin exchange-traded funds (ETFs) to continue. Bitcoin Price Forecast by … Read more
A bill that establishes a registry for any organization that provides bitcoin services in Argentina was approved by the Senate. This registry, which also requires cryptocurrency companies to provide personal information about their clients and other data to government agencies, will be maintained by the CNV, Argentina’s securities regulator. Senate of Argentina Adopts Cryptocurrency Anti-Money … Read more
According to recent data, open interest in bitcoin futures and options has significantly increased over the past several weeks on a number of trading platforms. QCP Capital’s observations on Monday revealed a significant interest in long-term September and December bitcoin calls that target the high six-figure price ranges. Confidence soars as Bitcoin wagers surpass $100,000. … Read more
The “Wolf of All Streets,” Scott Melker, thinks that the cryptocurrency market as a whole and bitcoin are about to see a significant upswing. He said, observing “incredible froth, exuberance, and people speaking with absolute certainty about their future wealth,” that “we will likely see a huge bubble and that coins with no fundamental value … Read more
Since the start of the year, the amount and value of liquid staking derivatives (LSDs) have increased dramatically; since January 6, 1.56 million ether have been added to LSD protocols. In the past two months, the total value of Ethereum kept has increased by $26.85 billion. The LSD Market Is Booming: Ethereum Holdings Passs $54 … Read more
A sizable number of historical bitcoins, which date from 2010 to 2017, have been transferred for the first time since they were initially created, just as the price of the cryptocurrency is about to break all previous records. Based on available information, in the first week of March 2024, 4,237.73 old bitcoins worth over $283 … Read more
Four days later, on March 5—the day bitcoin reached its peak value of $69,210 per coin—the same entity transferred another 1,000 vintage bitcoins from 2010. On March 1, 2024, an infamous and massive bitcoin mega whale moved 2,000 vintage bitcoins from 2010. Millions are Moved by the 2010 Bitcoin Whale as Prices Peak Known for … Read more
With a trading volume of $10 billion, ten spot bitcoin exchange-traded funds (ETFs) broke their previous record on Tuesday. With more than 170,000 bitcoins under management (AUM) and over $11 billion in assets under management (AUM), Blackrock’s Ishares Bitcoin Trust (IBIT) is still in the lead. Record-High Volume Day for Bitcoin ETFs Spotted Exchange-traded funds … Read more