Bitcoin

Bitcoin was the first cryptocurrency to ever be created. It’s an open-source, decentralized, peer-to-peer cryptocurrency created by Satoshi Nakamoto, an unknown person or group, who first introduced BTC (or XBT) to the world through an email sent to a cryptography mailing list .

It functions without a central bank or centralized administrator, and its transactions are semi-anonymous. New bitcoins are introduced to the market through a mining process, which rewards those that secure the network through what’s known as a proof-of-work (PoW) consensus algorithm.

Bitcoin’s maximum supply is capped at 21 million, and the very last BTC is expected to be mined in 2140.

Bitwise Asset Management CIO Matt Hougan Unveils His Long-Term Vision for Spot Bitcoin ETFs

Matt Hougan is the Chief Investment Officer (CIO) at Bitwise Asset Management (aka “Bitwise Investments”). Hougan is well-regarded in the investment community for his deep expertise in exchange-traded funds (ETFs) and cryptocurrency. He has been a vocal advocate for the potential of cryptocurrencies to transform the financial industry, contributing to Bitwise’s mission of bridging the […]

Why BlackRock CEO Is ‘Very Bullish on the Long-Term Viability of Bitcoin’

In an interview with Fox Business on Wednesday, BlackRock CEO Larry Fink expressed his pleasant surprise at the outstanding performance of his firm’s spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT).  Fink mentioned that IBIT has become the fastest-growing ETF in history (with $13.5 billion in flows within its first 11 weeks of trading). The […]

Hashdex and Tidal Investments Launch Primarily Spot Bitcoin ETF (DEFI) on NYSE Arca

Hashdex Asset Management Ltd. (“Hashdex”) and Tidal Investments LLC (“Tidal”) have announced the conversion and renaming of the Hashdex Bitcoin Futures ETF to the Hashdex Bitcoin ETF (“DEFI”) (Ticker NYSE Arca: DEFI, CUSIP: 88634V100), as per a press release dated March 26, 2024. This strategic move allows the Fund to hold primarily spot Bitcoin and […]

Bitcoin’s Fifth-Largest Whale Moves Over $6 Billion in Mysterious BTC Transaction

One of the largest Bitcoin ($BTC) whales, known only by their address starting with “37X” on the cryptocurrency’s blockchain, has recently moved over $6 billion worth of BTC in a mysterious move. According to data shared by popular on-chain analytics firm Arkham Intelligence, first reported by Cointelegraph, the major Bitcoin whale’s address, 37X, held on […]

Bitfinex Report Points to Key Bitcoin ($BTC) Support Level After Recent Dip

The price of the flagship cryptocurrency Bitcoin ($BTC) appears to have established a temporary price floor of around $56,000 after experiencing a 17.5% decline from a new all-time high above the $73,000 mark earlier this month. According to a recently published Bitfinex Alpha report, the cryptocurrency’s price stabilized over a slowdown in inflows to spot […]

Altcoin Season? Crypto Analyst Predicts Altcoins Could Outperform Bitcoin to Near $1 Trillion Market Cap

Popular cryptocurrency analyst Michaël van de Poppe is forecasting a surge in the value of altcoins, the term used to refer to cryptocurrencies other than Bitcoin, expecting them to see their total market capitalization near $1 trillion.  In a post on the microblogging platform X (formerly known as Twitter) shared with his 707,500 followers, van […]

Why Robert Kiyosaki Wants to Buy More Bitcoin Before April 2024

In a recent update shared on social media platform X on March 25, Robert Kiyosaki announced his intention to increase his Bitcoin holdings by an additional 10 coins before April. This decision is strategically timed with the upcoming Bitcoin “Halving,” an event that historically impacts the digital currency’s value. Kiyosaki’s move underscores his belief in […]

CNBC’s Jim Cramer Says ‘We Are Big Fans of Bitcoin’ During Conversation With Block (NYSE: SQ) CFO

Earlier today, in a comprehensive discussion with CNBC’s Jim Cramer, Block Inc.’s CFO and COO Amrita Ahuja shared in-depth insights into the company’s strategic direction, innovative product offerings, and future growth prospects. Block, Inc. (formerly known as Square, Inc.) is a technology company co-founded by Jack Dorsey, who is also a co-founder of Twitter. Block […]

ARK Invest CEO Cathie Wood Hails BTC as a ‘Financial Super Highway’ at Bitcoin Investor Day in New York City

DeFi Technologies subsidiary, Reflexivity Research, hosted its inaugural Bitcoin Investor Day in New York City on March 22, 2024. The event aimed to bridge the gap between traditional finance and the transformative power of Bitcoin. Anthony Pompliano, Reflexivity’s co-founder, moderated discussions featuring industry leaders like Cathie Wood, Anthony Scaramucci, and Mike Novogratz, who explored Bitcoin’s […]

U.S. Spot Bitcoin ETFs Experienced Record Net Outflows Last Week Amidst Market Uncertainty

In the cryptocurrency space, Bitcoin has long been the king of the hill. As the demand for exposure to this digital asset has grown, Wall Street has answered the call by offering various investment vehicles, including spot Bitcoin exchange-traded funds (ETFs), 11 of which got approved by the U.S. SEC on January 10. However, the […]

BTC’s Million-Dollar Future? Unpacking SkyBridge Capital Founder’s Bitcoin Investor Day Insights

Reflexivity Research, a subsidiary of DeFi Technologies, held its first-ever Bitcoin Investor Day in New York City on 22 March 2024. The event sought to merge traditional financial principles with the innovative potential of Bitcoin. Hosted by Anthony Pompliano, the co-founder of Reflexivity, the conference featured prominent discussions about the role of Bitcoin in both […]

Will the Bitcoin Halving Reshape the Global Mining Landscape?

The next Bitcoin halving is estimated to occur around 20 April 2024. These halving events happen roughly every four years, but the exact date can vary slightly due to minor fluctuations in block creation times on the Bitcoin network. Bitcoin halvings are incredibly significant because they directly impact the rate at which new Bitcoins enter […]

Navigating Bitcoin’s Wild Ride: Marathon Digital’s CEO Unveils Strategic Vision

On March 22, Fred Thiel, the CEO of Marathon Digital Holdings (NASDAQ: MARA), joined CNBC’s ‘Closing Bell Overtime’ to discuss with co-anchor Morgan Brennan the nuances of Bitcoin’s recent performance, including its volatility, and delve into the evolving dynamics of Bitcoin mining and its energy requirements. Fred Thiel began by addressing Bitcoin’s dramatic recent rally, […]

FinTech Firm Revolut on Bitcoin’s 2024 Halving and Its Market-Shaking Potential

As the world of cryptocurrency gears up for Bitcoin’s much-anticipated halving event in April 2024, investors and enthusiasts alike are speculating about its potential impact on the market. Karl Devin, a key figure in the Strategy & Operations (Crypto) team, sheds light on the significance of this event and what it could mean for the […]

Bitcoin’s Sharp Correction Raises Concerns Over Market Optimism and Spot ETF Inflows: JPMorgan Analysis

In a tumultuous week for cryptocurrency markets, the price of Bitcoin (BTC) experienced a significant correction, plummeting by over 15% before staging a rebound following the Federal Open Market Committee (FOMC) meeting on Wednesday. However, as an article by Will Canny for CoinDesk pointed out earlierntoday, JPMorgan (JPM) analysts caution that the sell-off may not […]

The Dawn of a New Era: Is a Bitcoin Supercycle on the Horizon?

In a captivating solo episode of his podcast, Anthony Pompliano, Founder of Pomp Investments, meticulously unravels the complexities surrounding the notion of a Bitcoin supercycle. According to Pompliano, understanding Bitcoin’s historical cycles and the significant impact of halving events is crucial for grasping the asset’s future trajectory. He emphasizes that each halving, a pre-programmed event […]

People in Argentina Reportedly Turning to Bitcoin Amidst Inflation Crisis

For decades, instability has forced Argentines to seek safe haven in the US dollar. Yet, a startling shift is underway, as reported by Bloomberg. President Javier Milei’s economic reforms and a flagging exchange rate are apparently pushing Argentines to abandon their ‘greenback’ tradition and seek inflation protection in Bitcoin. Bloomberg highlights that Argentina is one […]

Bernstein Predicts Bitcoin ($BTC) Price Will Hit $90,000 by Year-End Amid Bullish Market Factors

Financial services firm Bernstein raised its year-end price target for the flagship cryptocurrency Bitcoin ($BTC) to $90,000 from $80,000, citing a confluence of bullish factors. According to a recent report by analysts Gautam Chhugani and Mahika Sapra. a new Bitcoin bull cycle is underway, fueled by strong inflows into the newly launched spot Bitcoin exchange-traded […]

The Top 4 Reasons for the Crypto Market Crash (Or Correction), According to Prominent Analyst Alex Krüger

Amidst a turbulent week for cryptocurrencies, macro-economist Alex Krüger has provided a crucial breakdown of the factors leading to the market’s downturn. With a significant decline in Bitcoin’s value leading the charge, the cryptocurrency landscape has seen a ripple effect, impacting a broad spectrum of digital currencies. Here, we delve into Krüger’s analysis, enriched with […]

If You Want Bitcoin’s Huge Upside, You Gotta Accept Its Volatility, Says Pompliano

On March 19, Anthony Pompliano, the founder of Pomp Investments, appeared on Bloomberg TV’s “Bloomberg Crypto,” hosted by Sonali Basak and Tim Stenovec, to share his insights on Bitcoin’s recent price correction, which has seen the flagship cryptocurrency fall below $63,000. TradingView data shows that Bitcoin prices peaked at $73,794 on the Bitstamp exchange on […]

$BTC: Galaxy Digital’s Global Head of Trading Explains Rationale for His $125K Price Forecast for Bitcoin

In recent weeks, the cryptocurrency community has witnessed Bitcoin’s thrilling ascent to new all-time highs, only to see it retreat below the $63,000 mark. According to data from TradingView, although the Bitcoin price got as high as $73,794 on crypto exchange Bitstamp on March 14, it fell to as low as $61,447 yesterday. This rollercoaster […]

MicroStrategy Now Owns Over 1% of All Bitcoin ($BTC) After New $623 Million Purchase

Nasdaq-listed firm MicroStrategy, the enterprise software company known for its aggressive Bitcoin investment strategy, has further solidified its position as a major player in the cryptocurrency space by adding an additional 9,245 BTC for $623 million, bringing its total holdings to over 1% of BTC’s supply.  In a filing with the U.S. Securities and Exchange […]

Japan’s $1.5 Trillion Pension Giant Seeks Information on Bitcoin, Gold for Potential Portfolio Inclusion

Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension fund with $1.5 trillion in assets under management, is exploring the potential inclusion of Bitcoin, gold, and other assets it considers illiquid in its investment portfolio. This development was revealed after the GPIF announced the development of a new long-term investment approach after it historically […]

Coinbase CEO Predicts Crypto Explosion: Spot ETFs Just the Beginning

On March 19, Brian Armstrong, the CEO of Coinbase, appeared on Bloomberg TV to discuss various aspects of the cryptocurrency industry, including the impact of spot Bitcoin ETFs on Coinbase’s business, his meetings with lawmakers in Washington, D.C., and the potential approval of spot Ethereum ETFs. Spot Bitcoin ETFs and Coinbase’s Business Armstrong began by […]

BitMEX Probes Flash Crash That Sent Bitcoin Price to $8,900 on Its Platform

Bitcoin experienced a dramatic price swing on the popular cryptocurrency exchange BitMEX yesterday, raising concerns about unusual trading activity.  The price of Bitcoin plummeted to as low as $8,900 against Tether’s USDT stablecoin on BitMEX, a stark contrast to the price exceeding $66,000 on other major exchanges at the time. The price of the flagship […]

The Three Main Drivers Behind Huge Popularity of US Spot Bitcoin ETFs, According to BlackRock

The cryptocurrency market is witnessing a transformative era with the launch of US-listed spot Bitcoin ETFs, heralding a significant shift in how investors engage with Bitcoin. According to a report by Tim Copeland for The Block, earlier today, BlackRock’s Global Head of Digital Asset Transformation, Tony Ashraf, highlighted the crucial role these ETFs are playing […]

Grayscale’s Spot Bitcoin ETF Experiences Record Outflows, Causing BTC Price to Fall Below $65,000

Grayscale’s spot Bitcoin ETF saw an unprecedented outflow of more than $640 million on March 18. This marks the largest single-day outflow since the fund’s conversion from a closed-end fund to a spot ETF on January 11. According to data from Farside Investors, Grayscale’s Bitcoin ETF experienced a staggering $642.5 million in outflows on March […]

Bitcoin ($BTC) Outperforms Pop Music Royalty in Google Searches Following ETF Approval and Price Spike

As the price of the flagship cryptocurrency Bitcoin ($BTC) surged to a new all-time high above the $73,000 mark earlier this month, interest in the cryptocurrency on internet searches also surged, eclipsing pop music titans Taylor Swift and Beyoncé in Google popularity. According to data from Google Trends, Bitcoin’s recent price rally to record highs […]

Bitcoin’s Satoshi Mystery Deepens: Pete Rizzo Debunks Hal Finney Rumors

In a recent and captivating series of posts on social media platform X (formerly known as Twitter), Pete Rizzo, a renowned figure in the cryptocurrency journalism landscape, shared a nuanced thread unraveling the often speculated association between Hal Finney and Satoshi Nakamoto, the elusive creator of Bitcoin. Rizzo’s analysis draws upon various pieces of evidence […]

Standard Chartered Foresees Bitcoin Soaring to $150K by Year End and Ethereum Surging to $14K by End of 2025

Standard Chartered has made headlines with its latest investment note, significantly adjusting its year-end Bitcoin (BTC) price forecast from $100,000 to an astounding $150,000. According to a report published by CoinDesk, citing “an emailed investment note” sent out earlier today, this revision reflects the bank’s growing optimism about Bitcoin’s value trajectory, further predicting that BTC […]

Binance CEO Predicts Bitcoin’s Breakthrough Beyond $80K

Richard Teng, the Chief Executive Officer of Binance, the world’s leading cryptocurrency exchange, recently shared his insights into Bitcoin’s future at an event in Bangkok. According to a report by Anuchit Nguyen for Bloomberg News published earlier today, Teng says Bitcoin is on the verge of surpassing the $80,000 mark, driven by a surge of […]

Bitcoin Boom: Coinbase Research Dives Into Spot ETFs, Miners, and MicroStrategy’s Wild Ride

In a recent LinkedIn post, David Duong, Head of Institutional Research at Coinbase, offers a window into the performance of various Bitcoin investment strategies following the launch of ten spot Bitcoin ETFs in the United States on Janaury 11. According to Duong, investing directly in Bitcoin, with reference to the CME Bitcoin Reference Rate NY, […]

Bitcoin ($BTC) at a Crossroads: Analyst Charts Key Price Levels to Watch

The price of the flagship cryptocurrency Bitcoin ($BTC) has surged by more than 60% so far this year in a rally that saw it hit a new all-time high above the $73,500 mark before enduring a correction that saw it drop below $66,000, a key support level. According to popular cryptocurrency analyst Ali Martinez, Bitcoin […]

Short Sellers Suffer $3.3 Billion Loss as MicroStrategy Soars on Bitcoin ($BTC) Rally

Nasdaq-listed firm MicroStrategy, known for its aggressive bet on the flagship cryptocurrency Bitcoin ($BTC) has seen its stock price surge roughly 140% year-to-date, a meteoric rise that has come at a steep cost for short sellers who have wagered against the company, incurring an estimated $3.3 billion in losses so far in 2024, per S3 […]

JPMorgan Analysts Debunk Theory of Investors Switching from Gold to Bitcoin

According to CoinDesk, in a recent research report, JPMorgan challenged the notion that investors are shifting their assets from gold to bitcoin (BTC) this year. The report, spearheaded by Nikolaos Panigirtzoglou and his team, illustrates that both institutional investors and private individuals have concurrently amplified their stakes in gold and Bitcoin throughout the current year […]

HK Spot Bitcoin ETFs: OSL Exec Reveals How Hong Kong Is Preparing for Their Launch and Their Advantages Over US Counterparts

On March 14, with Bitcoin trading at around $73,115, Gary Tiu, Executive Director & Head of Regulatory Affairs at OSL Group, provided an in-depth analysis of the evolving landscape of spot Bitcoin ETFs in Hong Kong during his appearance on Bloomberg TV’s “The China Show.” His discussion with Yvonne Man and Annabelle Droulers shed light […]

Bernstein Eyes on ‘Monster’ Crypto Cycle That Could Take BTC to $150,000 and ETH to $150,000 Amid ‘Unprecedented Institutional Adoption’

Financial services firm Bernstein has initiated coverage of online trading platform Robinhood with an “outperform” rating and a price target of $30 per share, citing an anticipated “monster” cryptocurrency market cycle. In a research report, first covered by CoinDesk, Bernstein analysts predicted a “monster” crypto cycle, forecasting the total market capitalization to skyrocket to $7.5 […]

Gold Advocate Peter Schiff Finally Admits to Regretting Not Buying Bitcoin in 2010

Few voices on crypto Twitter have been as consistently bearish on Bitcoin as Peter Schiff. However, in a recent episode of Tom Bilyeu’s Impact Theory podcast, during a debate with former Goldman Sach executive and crypto investor Raoul Pal, Schiff shared a moment of reflection that caught the attention of crypto enthusiasts and skeptics alike. […]

Bitcoin Price Is Going to $1 Million by End of 2025, Predicts JAN3 CEO

Samson Mow, the CEO of crypto-focused technology firm JAN3, recently shared his forecast for Bitcoin’s future price on the “What Bitcoin Did” podcast. Samson Mow is a prominent figure in the cryptocurrency and blockchain industry, known for his expertise in the technological and economic facets of digital currencies. He has played key roles in several […]

Galaxy Digital CEO: Bitcoin’s Genius is Satoshi’s Monetary Policy Vision

On March 13, 2024, Michael Novogratz, CEO of Galaxy Digital, joined CNBC’s “Squawk Box” to delve into the latest Bitcoin rally, examining the factors driving this surge, its implications for the broader cryptocurrency market, and the potential for a spot Ethereum ETF. The Drivers Behind Bitcoin’s Latest Rally Novogratz emphasized that the recent surge in […]

VanEck’s Bitcoin ETF Sees Record $200 Million Inflows After Slashing Fees

Investors are flocking to VanEck’s spot Bitcoin exchange-traded fund (ETF), the VanEck Bitcoin Trust (HODL), after the company slashed its sponsor fees for the first $1.5 billion for a year in a strategic move to attract capital. This surge comes amidst intensifying competition within the cryptocurrency ETF space, fueled by soaring investor demand for Bitcoin […]

Bitcoin ($BTC) Whales on a Selling Spree as On-Chain Data Reveals Major Profit-Taking

Major Bitcoin ($BTC) holders, colloquially known as whales, have been cashing out and taking profits, as data from the cryptocurrency’s blockchain shows addresses holding over 1,000 BTC, worth over  $70 million, have seen a 4.83% drop in two weeks. That’s according to on-chain Ali Martinez, analyzing data from Glassnode, who pointed to the trend of […]

BlackRock’s iShares Bitcoin ETF Holdings Briefly Eclipse MicroStrategy’s Before Firm’s Latest 12,000 BTC Buy

BlackRock’s iShares Bitcoin ETF (IBIT), one of the spot Bitcoin exchange-traded funds approved by the SEC back in January, has seen its BTC holdings briefly surpass those of software firm MicroStrategy last week, before the Nasdaq-listed business intelligence firm bought more. According to a Friday disclosure, first reported on by ETF.com, IBIT now holds 195,985 […]

El Salvador’s Bitcoin Bet Pays Off as Its $BTC Treasury is Now $83 Million in Profit

El Salvador’s decision to embrace the flagship cryptocurrency Bitcoin ($BTC) as legal tender is seemingly yielding dividends, as the nation’s cryptocurrency holdings are now $83 million in profit. El Salvador is a very compact country, covering approximately 21,041 square kilometers (8,124 square miles). This makes it the smallest country in mainland Central America, roughly comparable in […]

Bitcoin Hits New Heights: Navigating the ‘Euphoria Zone’ with Glassnode’s Insights

In the latest edition of “The Week Onchain Newsletter,” Glassnode’s lead on-chain analyst, known as “Checkmate,” brings to light Bitcoin’s exhilarating journey to new all-time highs, surpassing $72,300 for the first time. This event, as highlighted by Glassnode, isn’t merely about surpassing price levels; it represents a shift into what’s termed the “Euphoria Zone.” This […]

Bitcoin’s Outlook, Spot ETFs, and Crypto Regulation in the US: Grayscale’s Director of Research Weighs In

On March 12, 2024, during an appearance on Fox Business’s “The Claman Countdown,” Zach Pandl, Grayscale’s Managing Director of Research, provided insightful commentary on the current state of Bitcoin, spot Bitcoin ETFs, and the broader crypto market, highlighting a bullish outlook for the U.S. Bitcoin’s Rally and the Impact of Spot Bitcoin ETFs The host […]

With XRP Soaring During Crypto Market Rally, Ripple CEO Stresses Importance of ‘Real-World Utility’

Yesterday, in a post on social media platform X (formerly known as Twitter), Brad Garlinghouse, the CEO of Ripple, shared his thoughts on the current state of the cryptocurrency market. Garlinghouse, who has experienced multiple cycles of “crypto is back,” emphasized the importance of real-world utility accompanying the current bullish sentiment. Garlinghouse’s comments come amidst […]

JPMorgan CEO Jamie Dimon Urges the U.S. Central Bank to Delay Rate Cuts, Defends Right to Buy Bitcoin

Earlier today, Jamie Dimon, Chairman and CEO of JPMorgan Chase, shared his thoughts on the Federal Reserve’s potential interest rate cuts, the state of the U.S. economy, and his views on Bitcoin and artificial intelligence. While speaking at the Australian Financial Review business summit via livestream from New York on Tuesday, March 12, 2024, Dimon […]

Crypto Investment Products See Record $2.7 Billion Inflows in a Week Led by Bitcoin and Solana

Cryptocurrency investment products saw record weekly inflows of $2.7 billion over the past week, with Bitcoin ($BTC) and Solana ($SOL) investment products seeing more inflows than others, while Ethereum ($ETH) products saw outflows of $2.1 million. According to CoinShares’ latest Digital Asset Fund Flows report, Bitcoin investment products saw inflows of $2.63 billion over the […]

Bitcoin’s Total Market Capitalization Surpasses $1.4 Trillion, Outshining Silver

The price of the flagship cryptocurrency Bitcoin has recently moved to a new all-time high near $72,000 after surging more than 70% year-to-date, in a rise that helped its total market capitalization surpass that of silver. According to data from CompaniesMarketCap, first spotted by Casa CTO and co-founder Jameson Lopp, at the time Bitcoin surpass […]

Donald Trump Acknowledges Crypto’s Rise but Defends Dollar’s Dominance

On March 11, 2024, former President Donald Trump made an appearance on CNBC’s “Squawk Box,” where he engaged in a wide-ranging discussion with co-host Joe Kernen. Among various topics, Trump’s commentary on cryptocurrency stood out, especially given the evolving digital currency landscape and its implications for the U.S. dollar and global economy. Cryptocurrency’s Growing Presence […]

Why MicroStrategy is All-In on Bitcoin: Michael Saylor Breaks It Down

On March 11, 2024, Michael Saylor, the Executive Chairman of MicroStrategy Inc. (NASDAQ: MSTR), appeared on CNBC’s “Squawk Box,” hosted by Andrew Ross Sorkin and Joe Kernen, to discuss the impressive trajectory of Bitcoin, its advantages over traditional gold, and the innovative investment strategies his company has employed to capitalize on Bitcoin’s potential. Bitcoin: The […]

BTC Breaks $70K: Morgan Creek Digital Co-Founder Jason Williams Sees Start of Bitcoin Price Discovery Era

Around 7:15 a.m. UTC on Monday, 11 March 2024, the Bitcoin price broke the $70,000 level for the first time, before continuing its rally past $71,000. At the time of writing (9:03 a.m. UTC) on crypto nexchange Bitstamp, Bitcoin is trading at around $71,198, up 1.87% in the past 24-hour period. Jason Williams is known […]

Global Bitcoin Miners Bet Big Ahead of Halving – But Risks Loom

Bloomberg reports that Bitcoin miners, battered by the recent crypto downturn, are back in expansion mode. Its report highlights that they’re spending billions of dollars on equipment and consuming energy at unprecedented levels – all this before a code update that has the potential to disrupt their revenue streams. According to Bloomberg, this renewed activity […]

Bitwise CIO: Wealthy Crypto Investors Fuel Alt Coin Rally as Bitcoin Booms

In a recent thread on social media platform X (formerly known as Twitter), Matt Hougan, the Chief Investment Officer at Bitwise Asset Management, shared his thoughts on the current state of the cryptocurrency market, focusing on the interplay between Bitcoin, alt coins, and the impact of US-listed spot Bitcoin Exchange-Traded Funds (ETFs). Before joining Bitwise, […]

‘Maybe I Should Buy Some Bitcoin’, Says Billionaire Hedge Fund Manager Bill Ackman

On 9 March 2024, renowned investor Bill Ackman and Michael Saylor, the Co-Founder and Executive Chairman of MicroStrategy Inc. (NASDAQ: MSTR), talked about the future implications of Bitcoin on the global economy and energy consumption. Bill Ackman is a billionaire hedge fund manager widely recognized in the financial world for his large-scale, high-profile, and sometimes […]

Bitcoin Options Boom: Traders Bet $20 Million on $200,000 $BTC Strike Price

A renewed surge in interest for Bitcoin options has been reflecting the bullish sentiment seen in the cryptocurrency space, with Deribit-listed Bitcoin call options with a strike price of $200,000 seeing a notional open interest of over $20 million. Open interest represents the total USD value of outstanding contracts and has been growing amid Bitcoin’s […]

The Impact of the Recently Approved Spot Bitcoin ETFs on the Cryptocurrency Market

The recent approval of spot Bitcoin ETFs in the US marks a significant milestone for the cryptocurrency market. These ETFs provide an easy and accessible way for investors to gain exposure to Bitcoin, and offer a range of benefits that could help drive adoption and growth in the market. In this article, we’ll explore some […]

$BTC: Early PayPal Investor Explains Why Bitcoin Price Could Reach $300K+

In a compelling appearance on CNBC’s “Squawk on the Street,” William Quigley talked about the intricacies of Bitcoin’s financial underpinnings and the evolving dynamics of institutional versus retail investment in the crypto market. William Quigley is an experienced venture capitalist with a deep focus on blockchain and cryptocurrency technologies. As the Managing Director of Magnetic, […]

Is Tesla Quietly Buying Bitcoin Again? Wallet Data Suggests $120 Million Accumulated

Elon Musk’s electric car market, Tesla, acquired $1.5 billion worth of the flagship cryptocurrency Bitcoin back in early 2021 and briefly accepted BTC payments. Its support for the cryptocurrency was dropped shortly after, but now data seemingly suggests it’s now accumulating again. According to data from Arkham Intelligence, first reported on by Cointelegraph, a feature […]

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