Introduction Since Bitcoin was introduced 13 years ago, it has witnessed remarkable value growth, paving the way for the crypto market to reach a staggering $1 trillion. In the face of macroeconomic uncertainty, crypto has gained traction as individuals seek alternatives to traditional finance. Yet, critics argue that the industry’s growth may be limited, citing […]
This is the company’s second Bitcoin Exchange-Traded Fund (ETF) application, with the first one being rejected two years ago. However, WisdomTree’s global chief investment officer, Jeremy Schwartz, believes that this time could be different. Schwartz points to the firm’s successful product launches in Europe, where regulators have been more accommodating and have gained confidence in […]
According to Justin Bons, CIO and co-founder of Cyber Capital, Bitcoin Cash (BCH) has the potential to exceed Bitcoin (BTC) in market capitalization. Bons argues that BCH is closer to what BTC was originally intended to become, highlighting its fundamental strengths. While BCH is currently underperforming compared to BTC in terms of market cap, Bons […]
BTCUSD Analysis: The Market Attempts to Hold Above $30410.0 BTCUSD has been making a steady upward movement since halting its plunge last year. The rise of the market is systemic in that when it rises above a level, it takes its time to solidify its grip above the level before pushing higher to a higher […]
It has been a thrilling week in the crypto world as Fidelity Investments reportedly gears up to jump into the Bitcoin exchange-traded fund (ETF) arena. Following in the footsteps of industry giant BlackRock, Fidelity’s rumored move has set hearts racing and spirits soaring among crypto enthusiasts and investors, turning up the heat on the race […]
Polygon (MATIC): Accelerating Ethereum’s Efficiency Polygon, a prominent Layer-2 scaling solution, is aimed at enhancing transaction speed and cost-effectiveness on the Ethereum network. It has emerged as a major player in the decentralized finance (DeFi) space, currently accounting for almost 2% of the Total Value Locked (TVL) in DeFi. Polygon boasts an impressive ecosystem of […]
Bitcoin, the leading cryptocurrency, is witnessing a decline in its presence on cryptocurrency exchanges, with the percentage of Bitcoin held on exchange addresses reaching its lowest level in over five years. As per data from blockchain and crypto analytics platform Glassnode, the current percentage stands at 11.7%, equivalent to 2.27 million BTC, marking a continuous […]
Robert F. Kennedy Jr., one of the American presidential contenders, has endorsed Bitcoin while also criticizing the newly launched Central Bank Digital Currencies (CBDCs). He claims that if elected president, he will make sure that people’s ability to possess and utilize Bitcoin is reinstated. Additionally, Robert F. Kennedy Jr. stressed the potential for money laundering […]
In recent trading sessions, Bitcoin, the world’s most valuable cryptocurrency, has experienced a strong upward trend, supported by favorable market conditions. As of the time of making this report, Bitcoin was trading up by 4.4% at $31,220, marking a substantial 19% increase since the start of the month. This surge in value has positioned Bitcoin […]
