Bitcoin’s (BTC) price has recovered after plunging to an undervalued territory a week ago. Amid the price fluctuations, the asset’s demand has remained positive. A weekly report from on-chain analytics platform CryptoQuant shared with CryptoPotato revealed […]
Over the past weeks, the crypto market has remained relatively quiet. This has fueled concerns about whether Bitcoin and altcoins will undergo a downturn. Nonetheless, market observers, citing stablecoin inflows and other reasons, have maintained […]
Cathie Wood’s asset management firm Ark Invest has predicted that the price of Bitcoin (BTC) could soar to $2.3 million if institutions allocated a substantial portion of their investable asset base to it. The asset […]
In a research report by ARK Invest, the potential trajectory of Bitcoin’s (BTC) value is meticulously analyzed, suggesting a monumental surge to $2.3 million. This projection is contingent upon a 19.4% allocation from the $250 […]
One of the largest banking groups in Germany intends to launch crypto trading services for interested customers this year. According to a Bloomberg report, the cooperative financial group, comprising more than 700 local banks, a […]
Almost $1 billion worth of Bitcoin options contracts are set to expire this Friday. Moreover, markets have recovered from their post-ETF launch dip, but can the derivatives’ expiry event push prices higher over the weekend? […]
The Biden Administration is imposing new reporting requirements on all U.S. cryptocurrency miners to disclose data related to how much electricity they consume. The so-called “Emergency Survey” marks another attempt by the U.S. government to […]
As the 2024 Bitcoin halving approaches, investors speculate about the potential impact on Bitcoin’s price due to increased scarcity. Among several methods to predict Bitcoin’s price, the Bitcoin Stock-to-Flow (S2F) model stands out. Popularized by […]
As stated in an SEC filing on Tuesday, the ETF provider Global X has withdrawn its application for a spot in Bitcoin ETF. The CBOE BZX Exchange submitted a notice of withdrawal for the Global […]
The European Commission does not like Bitcoin and is planning a crackdown on mining operations. A recent report includes harsh labeling of digital assets. Moreover, EU regulators could curtail the electricity supplies to Bitcoin mining […]
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