The potential opening of Hong Kong’s Bitcoin exchange-traded funds (ETFs) to investors from mainland China has sparked a flurry of excitement and speculation within the cryptocurrency market. On April 30, Hong Kong launched spot Bitcoin […]
Analysts at investment research firm Bernstein have reaffirmed their prediction that bitcoin (BTC) would hit $150,000 in this bull cycle despite the asset’s retracement in recent weeks. According to a recent report, Bernstein analysts Gautam […]
Bitcoin’s price has surged past $62,000. The recent US job market report catalyzed the upswing. It showed a looser labor market, which might be good news for the Federal Reserve. The price rebound BTC experienced […]
Financial technology conglomerate Block, owned by X co-founder Jack Dorsey, has decided to invest 10% of all profits made from bitcoin-related products in monthly BTC purchases. Speaking to shareholders in a Q1 2024 earnings report, […]
The past few weeks have been a rollercoaster ride for Bitcoin investors. Fears of inflation and geopolitical tensions sent shockwaves through the cryptocurrency market, dragging Bitcoin and its altcoin brethren down to depths not seen […]
The financial sector is seeing a significant shift as pension funds begin exploring crypto investments. This trend is driven by the recent approval of spot Bitcoin exchange-traded funds (ETFs). Fidelity Investments recently introduced a Bitcoin […]
The United States Spot Bitcoin ETFS market is bleeding, with reports unveiling outflows exceeding $500 million in a single day. This unexpected development emerges amidst the broader market crash for Bitcoin, which has been witnessing […]
Riot Platforms, a US-based Bitcoin mining company, recently unveiled a remarkable financial performance for the first quarter 2024. The company announced total revenues of $79.3 million, a noticeable uptick from $73.2 million during the same […]
The largest American cryptocurrency exchange, Coinbase, has added support for the Lightning Network on its platform to enable faster and cheaper payments. According to a blog post, the Lightning Network integration on Coinbase will reduce […]
Coinbase has integrated the Bitcoin Lightning Network, marking a pivotal shift towards faster and more economical BTC payments. This integration caters specifically to the growing demand for efficient financial transactions. Indeed, it significantly reduces the […]
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