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Ethena Labs to Scale USDe Stablecoin with Bitcoin Backing
5.4.2024
Ethena Labs plans to use Bitcoin as backing to expand the capacity and stability of USDe stablecoin, which is currently backed by only Ethereum liquid staking tokens.
The post Ethena Labs to Scale USDe Stablecoin with Bitcoin Backing appeared first on Cryptonews
Bitcoin Exchange Reserves Plummet To Multi-Year Lows, Under 2 Million Left: CryptoQuant
4.4.2024
The number of coins available on Bitcoin exchanges has steadily fallen since the collapse of FTX.
The post Bitcoin Exchange Reserves Plummet To Multi-Year Lows, Under 2 Million Left: CryptoQuant appeared first on Cryptonews
Morgan Stanley Aims to Beat UBS as First Bank to Fully Approve Bitcoin ETF
4.4.2024
Investment banks seeking to incorporate spot Bitcoin ETFs in the US are growing in number, with Morgan Stanley and UBS eyeing the top spot.
The post Morgan Stanley Aims to Beat UBS as First Bank to Fully Approve Bitcoin ETF appeared first on Cryptonews
Investors express their confidence in crypto startups
4.4.2024
Investors are confident that a lot can happen for the crypto market, especially with crypto startups doing rounds with their upcoming funding sessions. It is based on whether Bitcoin can still rise or has become dust. Bitcoin is reflective of the crypto market here. Also bringing the argument is...
Bitcoin: US Institutions buy-in despite volatile futures market – Buy the dip?
4.4.2024
Interest in Bitcoin has surged incessantly among US institutional investors. At the same time, the futures market is hinting at volatility. What does it mean for investors? Does it showcase a purchasing chance after the market correction? One of the most popular CryptoQuant crypto analysts...
Bitcoin futures poised for surge: Market sentiment booms
4.4.2024
Recently, there has been a resurgence in the popularity of Bitcoin futures in the cryptocurrency market. This surge comes after a brief lull following Bitcoin’s all-time high. Major players like ProShares, who focus on leveraged funds, also capitalize on the increasing demand for investment...
Bitcoin Price Prediction as BTC Tumbles to $65,000 Level – Time to Buy the Dip?
4.4.2024
Bitcoin's fall to $65,394 ignites debate on future movements, with the $66,631 pivot point poised to determine BTC's path in a volatile market.
The post Bitcoin Price Prediction as BTC Tumbles to $65,000 Level – Time to Buy the Dip? appeared first on Cryptonews
Coinbase Uses Lightspark for Bitcoin Lightning Transactions
4.4.2024
Coinbase Global has announced it will be using Lightspark to bring the Bitcoin Lightning Network to its network for faster and cheaper payment transfers.
The post Coinbase Uses Lightspark for Bitcoin Lightning Transactions appeared first on Cryptonews
Bitcoin Is A Hedge Against Currency Devaluation, Says Ark CEO Cathie Wood
3.4.2024
Cathie Wood believes part of Bitcoin's latest rally has been driven by a "flight to safety" from weaker currencies.
The post Bitcoin Is A Hedge Against Currency Devaluation, Says Ark CEO Cathie Wood appeared first on Cryptonews
ZK Bridge: Trustless and secure cross-chain Bitcoin token-swapping
3.4.2024
Bitcoin’s liquidity and integration with different blockchains can be enhanced using Bitcoin token swapping. It depicts a groundbreaking mechanism to bridge the gap between Bitcoin and smart contract-equipped blockchains. The Bitcoin token swap protocol designed by ZK Bridge has wide applications...
BTC & ETH margined contracts already into the negatives – Popular trader
3.4.2024
There is a significant drop in the overall sentiment within the cryptosphere. BTC and ETH are leading the charge pretty much like they did at the time of the bull run. Bitcoin and Ethereum have dropped from their recent ATH, retracing to a level that the holders were expecting but hoping for....
Bitfinex Launches First Volatility-Based Bitcoin and Ethereum Futures Contracts
3.4.2024
Bitfinex Derivatives, the derivatives platform of iFinex Financial Technologies Limited, is expanding its offerings with the launch of two new volatility-focused perpetual futures contracts.
The post Bitfinex Launches First Volatility-Based Bitcoin and Ethereum Futures Contracts appeared first...
Cathie Wood’s ARK Bitcoin ETF Daily Outflows Exceed Grayscale’s GBTC for the First Time
3.4.2024
Cathie Wood's ARK 21 Shares Bitcoin ETF has recorded daily outflows of over $87 million, marking the first time it witnessed larger daily outflows than Grayscale's Bitcoin Trust (GBTC).
The post Cathie Wood’s ARK Bitcoin ETF Daily Outflows Exceed Grayscale’s GBTC for the First Time...
Bitcoin Price Prediction as ‘Halving’ Countdown Begins – Will BTC Blast Up?
3.4.2024
As Bitcoin edges towards the pivotal 'halving' event, current trading at $66,125 foreshadows a potential surge, sparking intense market speculation.
The post Bitcoin Price Prediction as ‘Halving’ Countdown Begins – Will BTC Blast Up? appeared first on Cryptonews
Goldman Sachs CIO Says Bitcoin Is Not an Investment Asset Class
3.4.2024
Goldman Sachs chief investment officer Sharmin Mossavar-Rahmani, said in an interview with the Wall Street Journal, Bitcoin is not considered an investment asset class, adding "we’re not believers in crypto.”
The post Goldman Sachs CIO Says Bitcoin Is Not an Investment Asset Class appeared...
Bitcoin ETFs Triple Total Monthly Volume To $111 Billion In March
3.4.2024
Bitcoin ETFs pulled exponentially larger trading numbers in March, and BlackRock is leading the pack.
The post Bitcoin ETFs Triple Total Monthly Volume To $111 Billion In March appeared first on Cryptonews
Bitcoin Tests $65K as US Government Moves $2.1 Billion Silk Road Bitcoin to Coinbase – Where Next for BTC?
2.4.2024
The Bitcoin (BTC) price is eyeing a possible breakout to the south of the $65,000 level as the market readies itself for a potential $2.1 billion sale of confiscated Silk Road Bitcoin tokens by the US government.
The post Bitcoin Tests $65K as US Government Moves $2.1 Billion Silk Road Bitcoin...
Nexo Pushes For Bitcoin Emoji, Petition Has Over 10,000 Signatures Now
2.4.2024
The campaign titled "Bitcoin Deserves an Emoji" aims to secure 50,000 global endorsements and has already garnered over 10,000 signatures within a week of its launch.
The post Nexo Pushes For Bitcoin Emoji, Petition Has Over 10,000 Signatures Now appeared first on Cryptonews
Core DAO contributors highlight the extensive acceptance of Bitcoin
2.4.2024
Given the continual technological advancement of blockchain through cryptocurrency, it is expected that Bitcoin will have more distinguishing characteristics than other crypto assets. It can broaden its use as a speculative financial asset by incorporating broader utilities to reassess its value...
April 2024 to be the antidote of BTC’s recent fall below $70k – Analysts suggest
2.4.2024
This year, Bitcoin has experienced something of a “rising from the ashes” experience. BTC was dancing around $20,000 before rising to $70,000. It has currently retraced to ~$66,000 and is testing the resistance at $68,000. Specifically speaking, Bitcoin is at $66,768.96 at the time...