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Spot Bitcoin ETFs Face Heavy Losses — Who Took the Biggest Hit?
5.11.2024
On Monday, spot bitcoin exchange-traded funds (ETFs) took a substantial hit, with investors pulling out a hefty $541.07 million. Bitcoin ETF Outflows Hit $541 Million on Monday, Ethereum Funds Follow in the Red The 12 spot bitcoin ETFs faced a rough trading day, shedding a hefty $541.07 million...
First Mover Americas: Crypto Market Little Changed as U.S. Votes
5.11.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Hellish US Debt Scenario Could Propel Bitcoin to $1 Million by 2030
5.11.2024
Sebastian Serrano, CEO of the Argentina-based cryptocurrency exchange Ripio, has predicted that bitcoin will reach $1 million by 2030, driven by the rise of U.S. public debt and the devaluation of the U.S. dollar. CEO Believes Bitcoin May Reach $1 Million by 2030 Sebastian Serrano, CEO of Ripio...
Bitcoin Recovery Drivers Push WallitIQ Toward 300x ROI Potential
5.11.2024
New reports have exposed the actual reason behind the recent Bitcoin price increase above the $72,000 mark. While…
Eric Trump to Speak at Bitcoin MENA in Abu Dhabi
5.11.2024
PRESS RELEASE. Abu Dhabi, UAE – November 5th, 2024 – Bitcoin MENA has announced Eric Trump as a keynote speaker at its upcoming conference on December 9-10, 2024, at the world-renowned ADNEC Centre in Abu Dhabi. This announcement underscores the conference’s growing influence and highlights...
Mt. Gox moves $2.2B of Bitcoin, adding to BTC selling pressure
5.11.2024
Over $9.4 billion worth of Bitcoin was owed to approximately 127,000 Mt. Gox creditors for over 10 years
Bahrain-Backed Bank Launches Digital Asset Custody Service
5.11.2024
Bahrain-backed Singapore Gulf Bank has launched digital asset custody and trading services, positioning Bahrain as a hub for digital finance and connecting Asian and Middle Eastern markets. Bahrain Aims to Connect Asian and MENA Markets Bahrain-backed Singapore Gulf Bank has launched digital asset...
Bitcoin Mining Difficulty Tops 100T for First Time, Piling Pressure on Small Miners
5.11.2024
The Bitcoin hashrate, on a seven-day moving average, hit a record high of 755 EH/s last week
Kraken Completes 2024 Proof of Reserves, Verifying Over $21.5 Billion in Client Assets
5.11.2024
Kraken has announced the completion of its 2024 Proof of Reserves, an independent verification process conducted by a third-party accountant. This procedure allows clients to confirm that their account balances are fully backed by onchain assets. The latest attestation, which became available...
Long Bitcoin Short Solana Preferred Tactical Trade Heading Into U.S. Election: 10X Research
5.11.2024
Daily transaction fees on Solana have cooled significantly from record highs reached last month, providing bearish cues to the SOL token
Alibaba’s Metaverse Unit Layoffs Dozens as Interest Wanes
5.11.2024
Alibaba has laid off employees at its metaverse unit, Yuanjing, reflecting a broader industry trend of waning interest in metaverse projects by large Chinese corporations. Despite Layoffs, Alibaba Remains Committed to the Metaverse Chinese tech giant Alibaba has reportedly laid off dozens...
Bitcoin price outlook hinges on 2024 US election outcome — Analysts
5.11.2024
Post-election price volatility could set the stage for Bitcoin’s rally to a new record high above $73,800
Bitget Launches Female-Centric Pitching Competition During DevCon 24′ With Access up to $100K Funding Opportunities
5.11.2024
PRESS RELEASE. Victoria, Seychelles, 4th November 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has launched “Pitch n Slay,” a special initiative under its Blockchain4Her program organized to provide exposure for female entrepreneurs in the blockchain space. Building...
Colorado Resident Loses $6,000 in Bitcoin to Phone Scammer
5.11.2024
A Keystone resident lost $6,000 in bitcoin in a phone scam in which a scammer claimed the victim had missed jury duty. The scammer also attempted to steal another $4,000 in bitcoin but was stopped by county deputies. The incident, which occurred Oct. 27, is the latest in a series of phone scams...
Dogecoin Rallies, Bitcoin ETFs Bleed Ahead of U.S. Elections
5.11.2024
BTC fell amid a transfer of $2.2 billion worth of the asset by defunct exchange Mt.Gox from its storage to new wallets
Latam Insights Encore: Brazil’s Stablecoin Remittance Tax Is Doomed From the Start
5.11.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine how the Central Bank of Brazil has proposed a tax on the use of stablecoins for making remittances and how this might drive retail users away...
Bitcoin price needs 2 months to return 'above macro trend' — Forecast
5.11.2024
BTC price strength will be back with a vengeance early in 2025, analysis predicts, but the US Presidential Election will bug Bitcoin bulls until Inauguration Day
Pakistan Digital Currency Reforms Set Path for CBDC as Legal Tender
5.11.2024
The Pakistani government has proposed amendments to the State Bank of Pakistan (SBP) Act to recognize central bank digital currencies (CBDCs) as legal tender. These changes would authorize the central bank to issue, regulate, and manage digital currency in both digital and physical forms....
Bitcoin Traders Wary of Price Drop in U.S. Election Week, CME Options Show
5.11.2024
"It looks like bitcoin options traders appear to be hedging their bets to the downside ahead of the U.S. election this week," one observer said, noting pricier puts on the CME
UK Pension Scheme Embraces Bitcoin, Marking a Historic Leap Into Crypto
5.11.2024
A UK pension scheme has allocated 3% of its portfolio to bitcoin, marking a groundbreaking move aimed at diversification and potential long-term growth amid economic challenges. Rethinking Retirement: Bitcoin’s Intriguing New Role in UK Pension Schemes Cartwright, a pension specialist...