Cryptocurrency

Bitcoin is on target to end the week in the red, but a positive sign for the bulls is that the price has recovered from the intra-week low of about $61,000 to over $65,000. This shows that traders remain long-term bullish and are buying the dips. CryptoQuant CEO Ki Young Ju expects inflows into spot […]

What is Bitcoin halving, and how is it related to cross-chain interoperability? The Bitcoin protocol reduces the supply of new Bitcoin by 50% via the quadrennial Bitcoin halving. This translates into a 50% reduction in revenue (in BTC terms) for Bitcoin miners and poses indirect implications for cross-chain interoperability.  Bitcoin halving events, occurring approximately every four […]

A hospitality worker has reportedly been found guilty of money laundering in a United Kingdom specialized court for major fraud cases, following the discovery of $2.5 billion worth of Bitcoin in her possession. According to a recent BBC report, the Southwark Crown Court has found Jian Wen of laundering money using Bitcoin to purchase “multi-million pound […]

CryptoQuant CEO Ki Young Ju has predicted a resurgence in the spot Bitcoin exchange-traded fund (ETF) market if the price of BTC dips further. In a post on X on March 22, Young Ju said spot Bitcoin ETF netflows could rise even as the BTC price decline continues. Using data from the historical net flow trends, […]

The Bitcoin (BTC) spot ETFs approved in the United States in January experienced a net outflow of $94 million on March 21st, marking the fourth consecutive day of net outflows since March 18th. The cumulative outflow over the four-day period amounted to $836 million . This marks the first instance of outflows exceeding four days […]

Just two years ago, it would have been close to impossible to find many billionaires seriously thinking about adding Bitcoin (CRYPTO: BTC) to their portfolios. But a lot has changed since then, including a crypto bull market and a wave of mainstream adoption powered by the new spot Bitcoin ETFs. As a result, a growing number of billionaires around […]

Analysts at JP Morgan, a leading US financial institution, have expressed their view that the cryptocurrency Bitcoin (BTC) still has room for further price declines. This assessment comes after Bitcoin recently hit new highs earlier this month but has since entered a downward trend. According to data from CoinGecko, Bitcoin’s price has fallen by 7.2% […]

Ark Invest CEO Cathie Wood called bitcoin (BTC) a “financial super highway,” emphasizing the important use cases for the cryptocurrency in emerging markets. Wood, whose Ark Invest recently became one of the issuers of a spot bitcoin exchange-traded fund (ETF), ARKB, said the asset manager is focused on emerging markets and the macro environment worldwide, which has […]

The Bitcoin halving will likely wreak havoc on small, less efficient Bitcoin miners but should be no issue for well-established players, according to industry executives. In under a month, Bitcoin miners face the reality of reduced block rewards, which is anticipated to significantly impact profitability and income. Bitcoin mining CEOs tell Cointelegraph that the efficiency […]

Selling off a portion of Bitcoin when the market is in a state of “extreme greed” is a more profitable investment strategy than just buying and hodling it, a Redditor’s analysis suggests. Redditor u/skogsraw shared a March 21 analysis that found that there’s a higher return on investment (ROI) when using the Crypto Fear & Greed Index […]