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El Salvador plans to issue Bitcoin Volcano Bonds in Q1 2024
12.12.2023
The long-awaited Bitcoin bonds in El Salvador have gradually come closer to reality as it received regulatory approval to issue Bitcoin bonds in early 2024, according to a popular Bitcoin-powered office’s post earlier this week. Bitfinex Securities, a regulated subsidiary of the well-known...
Will BTC hit $1 million in 2024? Bitcoin future breakdown
12.12.2023
Bitcoin is back from slumber, and it now means business. That is, there has to be a rise in the valuation of its token, no matter how high it goes. BTC is trading at $41,644.83 at the time of articulating this piece. Speculation around two crucial aspects, namely Spot Bitcoin ETF and Bitcoin...
Bitcoin Price Prediction: Market Reacts to FOMC Meeting, El Salvador Bond & Google’s New Ad Policy
12.12.2023
In the dynamic world of cryptocurrency, Bitcoin (BTC) is experiencing subtle yet noticeable fluctuations, trading at $41,457 with over 0.50% rise as of Tuesday. Market sentiments are heavily influenced by key economic events and policy changes. As the Federal Open Market Committee (FOMC) meeting...
Crypto Exchange Bitget Records 20% Surge in New Users with 89% Buying Bitcoin in December
12.12.2023
Source: Pexels In the opening week of December, crypto exchange Bitget witnessed a significant surge in new user registrations, surpassing the entire count for December of the previous year by 20%. In a press release shared with CryptoNews, the crypto exchange revealed that 89% of these new users...
El Salvador’s Bitcoin Bonds Get Regulatory Approval, Launch Set for Early 2024
12.12.2023
Source: RawBeautyPixels/Adobe El Salvador’s highly anticipated Bitcoin (BTC) bonds, also known as “Volcano Bonds,” have received the regulatory approval for an early 2024 issuance. The bonds are expected to be offered on Bitfinex Securities, a regulated division of the popular...
Bitcoin Price Prediction as Crypto Market Pulls Back in a Big Flush Out Move – Time for Consolidation?
11.12.2023
Bitcoin (BTC), the world’s leading cryptocurrency, faces a challenging week as it opens with a downward trend, yet manages to hover above the crucial $42,000 threshold. The overall cryptocurrency market reflects this bearish sentiment, with the global market capitalization dropping by 3.40%...
Bitcoin Miner CleanSpark Shifts to Neutral in JPMorgan’s Ratings
11.12.2023
Source: AdobeStock / Photocreo Bednarek The major Wall Street investment bank JPMorgan has adjusted its price targets and ratings for several Bitcoin mining stocks, including CleanSpark and Riot Platforms. The adjustment in ratings came in response to the recent surge in Bitcoin’s price and...
National Security Officials Discuss to Combat DPRK’s Crypto Illicit Use in WMD Programs
11.12.2023
Source: Adobe National Security Advisors of the United States, South Korea and Japan convened to discuss a collective response to North Korea’s illicit crypto financing for weapons of mass destruction programs (WMD). The discussions were held during a trilateral meeting at the White House...
Market Dip Indicates Deleveraging Rather than Fundamental News: Crypto Analyst
11.12.2023
Source: Adobe Bitcoin’s brief but sharp tumble toward $40,000, accompanied by a broader selloff in the crypto market, signals a potential deleveraging phenomenon rather than a fundamental news catalyst. On Monday, the largest cryptocurrency plunged as much as 7.5% to $40,521 before...
Venture Capital Crypto Fund C1 Eyes Australia for Bargains: Report
11.12.2023
Source: Adobe / Sutthiphong Venture Capital crypto fund C1 Fund has been meeting a number of Australian businesses offering to buy private holdings from investors, reports the Australian Financial Review. C1 is a $500 million fund managed by investors based in Silicon Valley and the United Arab...
M&G Invests $20M in UK Bitcoin Derivatives Platform GFO-X
11.12.2023
Source: Pexels UK asset management firm M&G Plc announced it has invested $20 million in the bitcoin derivatives exchange, Global Futures & Options Holdings (GFO-X) looking to support “regulated trading of digital assets” and meet demand from institutional investors. GFO has a partnership...
Bitcoin: Up, down, or sideways? Breaking crypto’s next chapter
11.12.2023
Bitcoin’s historic rise can be traced back to how it has gained momentum in the last 12 months. The token is up by 144.69% at the time of drafting this article, with speculation that BTC would soon surpass the $65k mark. However, it is subjected to a volatility factor, which adds worries...
Bitcoin Price Prediction: BTC Dips to $42,000, Ocean Pool Blacklist Stirs Debate, Snowden Critiques Warren
11.12.2023
Bitcoin is currently experiencing a noticeable downturn, trading at $41,875 with a significant decline of approximately 4.50% as of Monday. This market shift coincides with a contentious development in the crypto sphere: the Transaction Blacklist of Ocean Pool, which has sparked widespread debate...
Bitcoin Price Briefly Drops Below $41,000 Amid Broader Market Correction
11.12.2023
Source: DALL·E Bitcoin price has just dropped below $41,000 briefly, undoing almost a week’s gains before a bounce back. Other major cryptocurrencies including Ethereum, Ripple (XRP), Solana (SOL), and Cardano (ADA) were also down over 5%. According to TradingView, the price of Bitcoin made a sharp...
Bitcoin Price Prediction: BTC Surges, Outshining Gold in 2023 Rally
10.12.2023
Bitcoin (BTC), the flagship cryptocurrency, is currently trading at $43,850, marking a slight decrease of nearly 0.50% on Sunday. Despite this minor dip, Bitcoin’s performance this year has been nothing short of stellar, outshining traditional safe-haven assets like gold. In 2023, Bitcoin...
Bitcoin Price Prediction as Option Traders Bet on $50,000 BTC by January – Are They onto Something?
9.12.2023
As Bitcoin (BTC) hovers around significant price points, option traders are betting on the cryptocurrency reaching $50,000 by January. This optimism coincides with heightened anticipation for the approval of a spot Bitcoin Exchange-Traded Fund (ETF), a development that’s expected to further...
Invest in Bitcoin, Get Residency: El Salvador’s Unique ‘Freedom VISA’
8.12.2023
El Salvador Bitcoin. Source: RawBeautyPixels/Adobe El Salvador has a new, “once in five hundred years” offer for international crypto whales: donate your BTC to the government, and you’ll earn long-term citizenship in Bitcoin country. As announced by Tether on Thursday, the “Adopting...
Bitcoin Price Prediction as Minor Correction Occurs – Is a Rebound Imminent?
8.12.2023
Bitcoin (BTC), the dominant force in the cryptocurrency market, has impressively held its ground, with its price oscillating around the $43,500 level. This resilience is primarily fueled by a buoyant sentiment pervading the crypto market, drawing on a mix of anticipation and optimism. #Bitcoin ...
Meanwhile Advisors unveils the first Bitcoin private credit fund
8.12.2023
Following a $20 million initial investment round led by its parent firm, Meanwhile Group, Meanwhile Advisors announces the opening of the first bitcoin private credit fund, Meanwhile BTC Private Credit Fund LP. Sam Altman presided over the contributors, which also included Lachy Groom and Gradient...
Bitcoin (BTC): Will the current price rally last?
8.12.2023
Bitcoin has witnessed a spectacular rally throughout 2023, achieving the 19-month peak of $44,444.84. The BTC price surge has resulted in speculation about the coin’s future trajectory, especially for the next five years. We have examined the factors that may influence Bitcoin’s price in the long...