Cryptocurrency

Since its inception in 2009, bitcoin (BTC) has steadily gained adoption and now has a market capitalization of over $1.3 trillion. It was designed to be a decentralized currency and real-time gross settlement system. The decentralized, protocol-based approach enables holders to shift trust from a centralized actor to a decentralized, code-enforced protocol. Despite bitcoin being […]

If the price of Bitcoin reaches $72,000, it would act as a “fuse,” triggering the breakthrough of the $75,000 psychological barrier. Bitcoin hitting $72,000 would spark a wave of mass liquidations, paving the way to new all-time highs, according to analyst Willy Woo. Woo wrote in a June 5 X post to his 1.1 million followers: “Tapping […]

Bitcoin could hit a new all-time high as soon as next week following the lowest United States job openings in three years — a sign of a slowing economy — but two other indicators must be confirmed, according to a crypto researcher. “Last night, another critical and forward-looking job metric, job openings, slowed down significantly,” 10x […]

A meme coin issued on Bitcoin’s Runes protocol is nearing a $1 billion market cap after surging 200% over the past 30 days. The aptly named DOG•GO•TO•THE•MOON (DOG) token spawned on April 20 during the bitcoin halving event. It became “Rune Number 3” and has since become the largest meme coin on Bitcoin and the […]

Founded in 2014, ARK Invest has rapidly become one of the largest asset management firms globally. Led by Cathie Wood, the company offers a variety of investment products and services, focusing heavily on innovation and technology. In early 2024, the firm partnered with 21Shares to launch a spot Bitcoin ETF (ARKB). The ETF and several […]

The first quarter addition of two spot bitcoin exchange-traded funds (ETFs) to the portfolio of Wisconsin’s pension plan was likely just the beginning for that U.S. state’s investments into crypto, said David Krause, a professor of finance at Milwaukee-based Marquette University. The SWIB purchased shares of BlackRock’s iShares Bitcoin Trust (IBIT) and Grayscale’s Bitcoin Trust […]

Japanese cryptocurrency exchange DMM Bitcoin announced on Friday that over $300 million worth of Bitcoin (BTC) was stolen from its primary wallet. The breach occurred around 1:30 pm local time, with DMM Bitcoin reporting that approximately 4,503 BTC, valued at around $308 million at the time, had been “illegally leaked” from its wallet. The company has yet […]

Bitcoin heads into June in fighting form as an early push puts key resistance back in play. Bitcoin price momentum is targeting $69,000 as TradFi markets return to the scene — will this week finally see a breakout? This is the main question for Bitcoin market participants, and one which has fielded a variety of opinions […]

Bitcoin could be preparing to repeat its ascent to all-time highs from March, on-chain analysis shows. In a post on X (formerly Twitter) on June 2, popular trader and commentator Alan Tardigrade drew a key comparison to BTC price action now and in mid-February. Bitcoin on-chain metric echoes run-up to all-time high Bitcoin needed less than a […]

The S&P 500 (SNPINDEX: ^GSPC) is hitting new all-time highs at the same time as Bitcoin (CRYPTO: BTC) is powering to new all-time highs, and that’s leading to an interesting dilemma for investors. Should they invest in the S&P 500 or Bitcoin? The answer might surprise you. Yes, Bitcoin is extraordinarily volatile. And, yes, the crypto market has historically been a very risky […]