Bitcoin Returns to $67,000, but Analyst Says BTC Will Enter the “Danger Zone”
TL;DR Bitcoin’s Surge and ‘Danger Zone’: Bitcoin has hit the $67,000 mark again, driven by ETF demand and anticipation of the upcoming halving event. However, it’s
bitcoin (Latest Publications)
Bitcoin (BTC) is a digital currency created in 2009 by an unknown person using the alias Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a publicly distributed ledger called a blockchain
Bitcoin Surpasses Gold in Portfolio Allocation, JPMorgan Analysts Say
TL;DR Bitcoin’s Dominance: Bitcoin has now overtaken gold in investor portfolio allocation when adjusted for volatility, with its allocation being 3.7 times greater than that of
Senators Call for SEC to Block Crypto ETPs, Coinbase Counters: Crypto’s Vital Role in Financial Evolution
TL;DR Democratic senators Jack Reed and Laphonza Butler urge the SEC to block cryptocurrency ETPs. They allege concerns about lack of transparency and liquidity in the
Bitcoin Plummets Below $68,000, Triggers $800M in Liquidations: What’s Next for BTC?
TL;DR Sudden Drop: Bitcoin’s value fell below $68,000, causing over $800 million in liquidations, indicating a sharp market correction and volatility. Market Impact: The decline led to significant
Bitcoin Open Interest Hits Record $34 Billion, Surpassing 2021 Bull Run Peak
TL;DR Bitcoin’s Record High: On March 14th, Bitcoin reached a new all-time high of $73,884, with open interest for Bitcoin futures contracts hitting a record $34 billion,
SEC Forces SkyBridge Capital to Pull Bitcoin ETF Application, Missing Out on Potential 15% Inflow Surge
TL;DR SEC orders SkyBridge Capital to withdraw its Bitcoin ETF application due to lack of timely amendments. SkyBridge had submitted the application more than nine months
Bitcoin Fog Founder Convicted, Can Tornado Cash Co-Founder be Next?
TL;DR Roman Sterlingov, founder of Bitcoin Fog, has been found guilty of money laundering and operating an unlicensed money transmitting business. Despite maintaining his innocence during
U.S. Proposes 30% Tax on Bitcoin Miners Energy; Analyst Warns of War Against BTC
TL;DR The Biden administration proposes a 30% tax on electricity used by Bitcoin miners. Even miners who generate their own electricity from renewable sources would be
Glassnode Unveils New Insights into the Current Crypto Bull Run: How Long Can the Euphoria Last?
TL;DR Bitcoin reaches its fourth all-time high of the cycle, surpassing $72,000. A classic wealth transfer is observed from HODLers to speculators. Significantly increases cash profit
Institutional Bitcoin ETF Inflows May Trigger ‘Sell-Side Liquidity Crisis’ by September, Warns CryptoQuant
TL;DR Ki Young Ju, CEO of CryptoQuant, warns of a possible “sell-side liquidity crisis” by September if institutional flows into Bitcoin ETFs continue. Despite the currently
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