Hong Kong’s burgeoning cryptocurrency investment landscape has reached a significant milestone with the total asset management scale of the city’s Bitcoin exchange-traded funds (ETFs) has surpassed HK$2 billion ($256 million). This achievement underscores the growing […]
Options on Bitcoin (BTC) and Ethereum (ETH) totaling $1.5 billion are approaching expiry, all while the market remains relatively calm. However, this stability may be short-lived. The annual central bank meeting in Jackson Hole, which […]
On Aug. 22, technical analyst and creator of the stock-to-flow model Willy Woo posted a chart of Bitcoin inventory on exchanges. He noted that things have been bearish until the start of August due to […]
Bitcoin (BTC) may have reached a local bottom during the global market rout on Aug. 5, when its price dipped to a six-month low of approximately $49,500. This potential bottom aligns with historical patterns observed […]
Bitcoin’s (BTC) price may have officially hit “reset” following an incredible rise in the coin’s long-term holder net position change. Historically, a rise in this metric helps the price recover. But will it be the […]
The Bitcoin network hashrate hit a new all-time high earlier this week following increased selling from smaller mining entities. At the same time, the miner hash price has plunged to a record low. According to […]
The Turkish cryptocurrency landscape is experiencing a major transformation as prominent firms like Coinbase and KuCoin compete to obtain business licenses in the country. This surge in applications follows regulatory updates by the Turkish Capital […]
On August 15, the International Monetary Fund (IMF) released a report titled “Carbon Emissions from AI and Crypto Are Surging and Tax Policy Can Help.” The report calls for a significant increase in electricity taxes […]
Bitcoin fell 2.5% on Wednesday to $59.100 after the U.S. government moved more of its Silk Road-affiliated Bitcoin holdings to Coinbase Prime. On-chain analysis platform Arkham Intelligence flagged the move on Wednesday, noting that 10,000 […]
Shares in Bitcoin miner Core Scientific dropped just over 10% following its announcement of offering up to $400 million in convertible senior notes to investors, up from the initial $350 million a day earlier. A […]
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