Cryptocurrency

Cryptocurrencies tumbled Friday as risk-off sentiment in traditional markets amid flared-up geopolitical risks spread over to digital assets. In fast downward afternoon action during U.S. trading, bitcoin (BTC) plunged below $66,000 after having challenged the $71,000 level just hours earlier. At press time, bitcoin had bounced back to $66,700, down more than 5% over the […]

Grayscale’s flagship Bitcoin exchange-traded fund (ETF) will drop its fees, the highest of all United States spot Bitcoin ETFs, but only once the products “start to mature,” according to CEO Michael Sonnenshein. Sonnenshein said in an April 10 on-stage interview at Canaccord Genuity’s Digital Assets Symposium that “markets have tended to be very excitable” when commodity […]

(BTC) is stable, trading above $70,900, as outflows from the Grayscale Bitcoin Trust (GBTC) pick up once again. (CheckonChain) Overall, $124.9 million flowed out of GBTC, according to on-chain data. In comparison, $4.6 million flowed into Fidelity’s FBTC, and $11.1 million went into Bitwise’s BITB. Up to Thursday, all the bitcoin ETFs have reported a weekly […]

Traders with leveraged positions in Bitcoin could be in for a nasty surprise as the cryptocurrency faces a critical crossroads, which could see the price bounce in different directions, analysts warn. “The market was in easy mode, but right now clearly there’s too much leverage and market makers are having a field day exploiting high emotions […]

Heightened anticipation for spot-based bitcoin ETFs in the U.S. and the eventual inflows supercharged bitcoin’s run-up to new all-time highs, and now Hong Kong regulators reportedly are inching closer to approving similar funds, news that thus far has been mostly unnoticed in crypto circles. These vehicles, however, could open the floodgates for Chinese investors looking […]

Bitcoin is firing on all cylinders. Year to date, the price of the world’s most prominent cryptocurrency has surged by more than 56%. While 2024 is shaping up to be a year of optimism and growth for Bitcoin, economist Peter Schiff, has a stark warning for its investors. “Attention Bitcoin #HODLers. This may be your […]

Bitcoin has been a tremendous asset to own historically. Bitcoin (BTC 2.69%) has received a lot of attention lately, mainly due to the approval by the Securities and Exchange Commission and the subsequent launch by major asset managers of spot exchange-traded funds (ETFs). This, the upcoming halving, and a favorable market environment have helped drive the asset up […]

PARIS — Issuers of spot bitcoin exchange-traded funds on Tuesday say the U.S. Securities and Exchange Commission is unlikely to approve such a product for the cryptocurrency ether. The regulator has a late May deadline to conclude its review on an ether ETF. That comes after the SEC in March delayed its original deadline for a decision on […]

The Bitcoin halving is a recurring, periodic event programmed into the Bitcoin protocol, designed to ensure its scarcity and, by extension, its value over time. Each halving, the number of new Bitcoin emitted as mining rewards for each new block reduces by half. Halving events are projected to occur through 2140, when Bitcoin reaches its […]

Are you likely to earn a great return if you buy Bitcoin before the next halving event? April is a big month for the crypto world. The next Bitcoin (BTC -3.64%) halving event is happening later this month, and that could lead to a rally in the price of the world’s leading cryptocurrency. After already hitting new highs earlier […]