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Bitcoin price falls on weak demand and Fed policy shift
2.4.2024
Bitcoin prices fell due to declining demand for dedicated US exchange-traded funds and falling expectations on weaker Federal Reserve monetary policy. Bitcoin dropped by 5.3%, following which there was a kind of recovery, with the price standing at $66,735. Tokens that were popular within the meme...
Blackrock Spot Bitcoin ETF’s Holdings Soar Past 252K BTC — CEO Says He’s ‘Pleasantly Surprised’ by Retail Demand
30.3.2024
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has significantly increased its bitcoin holdings, which have now surpassed 252,011 BTC, representing an approximate notional value of $18 billion. This substantial increase reflects...
Galaxy CEO: US Debt Crisis Drives Demand for Bitcoin
30.3.2024
Galaxy Digital CEO Mike Novogratz has proposed several measures to prevent a U.S. debt spiral. The executive explained that the U.S. debt crisis makes it “so easy to convince people to buy bitcoin and other hard assets.” He emphasized that implementing these measures could give...
Twitch Bans Using ‘Intimate’ Body Parts As Green Screens
27.3.2024
Amazon-owned livestreaming platform Twitch has disciplined content creators again. Just as a new meta began dominating the site earlier this month, in which streamers started playing games like Fortnite on green-screened boobs and butts, Twitch has updated its Terms of Service to strictly prohibit...
House Republicans Demand SEC Clarify Its Position Regarding Prometheum
27.3.2024
House Republicans have written a letter to the U.S. Securities and Exchange Commission (SEC) urging for clarity regarding Prometheum and whether Ethereum is considered a security.
The post House Republicans Demand SEC Clarify Its Position Regarding Prometheum appeared first on Cryptonews
Institutional Investors and ‘Whales’ Push Bitcoin Demand to New Heights
27.3.2024
Bitcoin is experiencing a significant liquidity crisis as demand for it soars, with Cryptoquant analysts reporting a monthly demand increase from 40,000 BTC to 213,000 BTC, fueled by a rise in accumulation addresses and institutional investments through spot bitcoin ETFs in the US. The imbalance...
House Republicans Demand SEC Explain What's Up With Crypto Platform Prometheum
26.3.2024
As Prometheum Inc. nears an unprecedented moment in U.S. crypto history by beginning a custody operation that intends to hold customers' Ethereum tokens {{ETH}}, the industry's friends in Congress are demanding the Securities and Exchange Commission (SEC) explain what it means to do about this...
SEC seeks Ripple with $2B demand, CEO reveals in case update
26.3.2024
The Securities and Exchange Commission (SEC) is one of the entities allegedly supposed to collect a 2 billion dollars sum in fines and penalties against Ripple Labs as described by Stuart Alderoty, Ripple Industries Chief Legal Officer, in his X post; the words were used as a lead in of the recent...
Bitcoin surges past $70k again, fueled by demand and inflows
26.3.2024
Bitcoin is back on the bull, with its value having surpassed the milestone of $70,000 for the second time in 2024. The most recent was bagged on Monday with an increase of 7.1% when the markets closed. That took BTC to $70,816. Interestingly, the dominating crypto token has sustained the high...
Bitcoin set for worst week as JP Morgan predicts further fall in price as ETF demand falls
22.3.2024
Bitcoin has retraced over 10% of it’s all-time high on March 14. This has direct consequences, as the appetite for spot Bitcoin exchange-traded funds (ETF) has gone down. JP Morgan Chase and Co. analysts have also warned that the retreat might continue to fall with a phenomenal price decline...
BlackRock Seeing Only 'A Little Bit' Demand for Ethereum from Clients, Says Head of Digital Assets
22.3.2024
Robert Mitchnick, the asset manager’s head of digital assets, said that there’s a misconception that BlackRock will have a “long tail” of other services within crypto
JPMorgan Warns of Further Bitcoin Decline Despite Recent Correction
22.3.2024
Bitcoin has experienced a pullback of over 10% from its all-time high, with the demand for spot Bitcoin exchange-traded funds (ETFs) showing signs of moderation.
The post JPMorgan Warns of Further Bitcoin Decline Despite Recent Correction appeared first on Cryptonews
Lingo Introduces a Reward Token Backed by Real-World Assets
19.3.2024
With Bitcoin pushing through all-time highs, the demand for cryptocurrencies has steadily increased. However, most crypto projects historically have failed to reward their communities in the long run. That’s because they were either built on ponzinomics, lack of real value generation, or real-world...
Analysts See Gold Reaching $2,600 per Ounce Amid Strong Market Demand
19.3.2024
While bitcoin experienced a 12% decrease following its all-time high last week, gold has shown relative stability over the past five days, with only a slight 1% decline in the same period. In a similar vein to crypto enthusiasts, advocates for gold predict that the metal will continue its upward...
Twitch Streamers Are Playing Games On Boobs And Butts
18.3.2024
There’s a new way to watch broadcasts on Twitch, and it’s not just pulling up a livestream on your monitor or TV and calling it a day. No, actually it’s a sort of Inception situation, where you’re now watching something like Fortnite projected onto a green screen of either boobs or butts. If that...
SOL Crosses $200 as Meme Coin Frenzy Bumps Demand for Solana Network
18.3.2024
Scores of newly issued tokens boast trading volumes of tens of millions, showcasing network usage and demand for blockspace
Prosecutors Demand 50 Years for Bankman-Fried, Citing FTX Founder’s Repeated Gambles ‘With Other People’s Money’
16.3.2024
In a statement from U.S. Attorney Damian Williams and his team, the fallen FTX founder, Sam Bankman-Fried (SBF), faces a recommendation for up to half a century behind bars for his offenses. The prosecutors argue that SBF has a penchant for high-stake risk and “gambling repeatedly with other...
Blackrock’s Spot Bitcoin ETF Holdings Near 204K BTC as Demand Soars
13.3.2024
Blackrock, the world’s largest asset manager, has hit a significant milestone with its spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT). The fund’s crypto holdings have reached nearly 204K bitcoins, representing over $14.76 billion in assets under management...
BNB & Uniswap (UNI) rally into DeeStream (DST) presale: XRP holders ignite huge demand, experts suggest 50x possible
12.3.2024
There are not many differences between the highly successful investor and the average one. Both trade in the same markets, often with similar tokens and at similar times. Yet, one gets huge returns while the other has to make do with whatever small profits they make. We think one of the biggest...
Ether Put Demand Signals Weakness After $4K Price Breakout
12.3.2024
By locking in the right to sell ETH at a predetermined price, options traders are preparing for short-term weakness after the cryptocurrency hit a two-year high