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Bitcoin to spend ‘considerable time’ at $66K, HODLing could change that
24.7.2024
Bitcoin is just 12% shy of all-time highs, but a trader says it could stay in this zone for at least the next few months unless demand comes through
US Government Could Hold Bitcoin as Reserve Asset, Diam CEO Explains
24.7.2024
Bryan Courchesne, CEO and founder of crypto investing firm Daim, has shared insights regarding how the U.S. government could start holding bitcoin as strategic reserve asset. “The Justice Department holds about 200,000 units of bitcoin so the United States is the largest holder of bitcoin...
US Bitcoin ETFs Continue Inflow Streak, Funds Now Hold 4.47% of BTC’s Market Cap
12.7.2024
The U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day of net inflows on Thursday, marking five consecutive trading days of positive movement. The ETFs accumulated $78.93 million, with Blackrock’s IBIT leading by bringing in $72.09 million. U.S. Bitcoin ETFs Record Fifth...
German MP Criticizes Bitcoin Sales, Urges Government to Hold BTC as Reserve Asset
5.7.2024
A German parliament member, Joana Cotar, has criticized the government’s decision to sell seized bitcoin on a large scale, advocating for the cryptocurrency’s use as a strategic reserve. She invited key political figures, including Chancellor Olaf Scholz, to a lecture...
Ethereum and altcoins plunge as bear market takes hold
5.7.2024
The price of Ethereum and other altcoins has dropped to levels not seen in weeks. The Bitcoin (BTC) market and other DeFi token markets likewise recorded this pessimistic forecast. If the entire crypto space is considered, there has been an overall downfall of 4.8%, with the figure standing...
Fed’s Minutes Report Cites High Inflation and Economic Risks in Decision to Hold Rates
4.7.2024
According to the minutes from the Federal Reserve’s Federal Open Market Committee (FOMC), the choice to maintain the federal funds rate in its current range was driven by concerns about ongoing inflation and economic instability. Economic Instability and Inflation Keep Fed Rates Steady At...
Germany moves more seized Bitcoin – Will BTC hold above $60K
1.7.2024
Historically, traders know the weekend to carry negative sentiments for the crypto industry, especially Bitcoin. Last weekend in June, the crypto market shed millions, with BTC trading below $61,000. Germany has moved more seized BTC during early morning trading hours. Will BTC hold above $63K...
Abra Launches Treasury Service for Corporates That Want to Hold Crypto
1.7.2024
The service will provide corporates, family offices and non-profits with a range of digital asset treasury management solutions
Bitcoin 'wholecoiners' hold above 1 million mark for 13 months
28.6.2024
The number of Bitcoin wholecoiners tends to rise and fall with the crypto market’s ebbs and flows, but it has stayed above 1 million for over a year now
Bitcoin price sees oversold bounce to $62K but will it hold?
25.6.2024
Bitcoin price snaps back above $62,000, but technical traders are unsure whether the BTC downtrend is over
Can $60K BTC price support hold? 5 things to know in Bitcoin this week
24.6.2024
Bitcoin sentiment is taking a serious beating after BTC price weakness sees six-week lows return
Report: Major Entities Hold Over 4 Million Bitcoin, Accounting for 27% of Supply
12.6.2024
The latest Glassnode onchain report reveals that major labeled entities collectively hold approximately 4.23 million bitcoin, representing over 27% of the adjusted circulating supply. This significant concentration of BTC holdings underscores the prominent role these entities play within...
Boomers hold the key to wealth, even in cryptocurrency
10.6.2024
Baby boomers hold $68 trillion in assets in the United States alone. Will that cash continue trickling into cryptocurrency markets for the foreseeable future?
BTC price needs to hold $70K next as Bitcoin weathers ECB rate cut
6.6.2024
Bitcoin could be preparing an attack on liquidity at the $72,000 BTC price resistance line as the European Central Bank enacts its first interest rate cut in four years
Does blockchain hold the key to Dogecoin’s future?
30.5.2024
Launched in 2013, Dogecoin was developed by Billy Markus and Jackson Palmer as a peer-to-peer open-sourced crypto. It was partially intended to parody the altcoins flooding the crypto market back then. It originally owes its emergence to the popular meme Doge, which features a cartoon...
Over 30 Bitcoin Spot ETFs Collectively Hold 1M BTC: Michael Saylor
28.5.2024
More than 1 million (or 1 Nakamoto) BTC are held in spot Bitcoin exchange-traded funds, MicroStrategy's Michael Saylor, noted.
The post Over 30 Bitcoin Spot ETFs Collectively Hold 1M BTC: Michael Saylor appeared first on Cryptonews
Bitcoin exchange-traded products now hold over 1 million BTC
28.5.2024
The collective total held by all Bitcoin ETFs globally is now more than 1 million coins, currently worth almost $68 billion
SEC’s ETF nod could bring ‘ETH season’ if 3 key indicators hold
24.5.2024
Three key indicators suggest the possibility that ETH could surpass its all-time high, according to a crypto trader
CryptoPunks Project Put on Hold by Yuga Labs Due to ‘Woke’ Community Outcry
21.5.2024
Yuga Labs, the company behind the iconic NFT collection CryptoPunks, has faced backlash and controversy over its latest venture.
The post CryptoPunks Project Put on Hold by Yuga Labs Due to ‘Woke’ Community Outcry appeared first on Cryptonews
XRP Price Prediction as Ripple Backs Quantum Computing Research – Can XRP Hold Above $0.50?
20.5.2024
Ripple’s "necessary" research and development of quantum-resistant cryptographic systems may boost future XRP price action.
The post XRP Price Prediction as Ripple Backs Quantum Computing Research – Can XRP Hold Above $0.50? appeared first on Cryptonews