According to the Crypto Wealth Report 2024 by Henley & Partners, the number of individuals holding over $1 million in digital assets has soared by 95% to 172,300. This comes amidst a growth in the […]
Metaplanet, a major Japanese Bitcoin investor often referred to as the “Japanese MicroStrategy,” is collaborating with Ripple’s banking partner, the financial services firm SBI. Metaplanet CEO Simon Gerovich took to X on Sept. 2 to […]
Bitcoin investors are bracing for September, historically the worst month for the cryptocurrency’s price. Digital assets platform Matrixport has issued a warning, suggesting Bitcoin could see further declines this month due to various looming risk […]
It’s safe to say that the highly-anticipated 2024 bitcoin bull run is not going as planned, even though the asset managed to break its 2021 all-time high early on. However, it has lost some traction […]
BlackRock’s iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF) has recorded its second-ever day of outflows since it launched in January. BlackRock’s ETF recorded a $13.5 million net outflow on Aug. 29, its second since its […]
The number of Bitcoin (BTC) millionaires has soared by 111% this year, driven largely by the rise of crypto exchange-traded funds (ETFs). The approval of spot Bitcoin ETFs, followed by Ethereum (ETH) ETFs, has attracted […]
Digital asset investment products attracted $533 million in inflows last week, the biggest in over a month, following Jerome Powell’s hint at the Jackson Hole Symposium that an interest rate cut might occur in September. […]
The end of August could produce a very “interesting monthly candle” on the Bitcoin chart, signaling a potential trend reversal, according to an analyst. However, others warn that the month isn’t over yet, and fundamentals […]
Cryptocurrency traders and investors are closely monitoring key events on this week’s US economic calendar. As Bitcoin (BTC) maintains a price above $64,000, these events could trigger significant market fluctuations. The crypto market, largely driven […]
Historical on-chain data shows that high bitcoin (BTC) demand often precedes price recoveries and rallies; however, this is not the case at the moment. Current market dynamics suggest that such price movements are unlikely in […]
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