Cryptocurrency intelligence firm Glassnode has said it’s dropping crypto tax-related projects to focus on new solutions targeting institutional investors and decentralized finance (DeFi). Glassnode, on Nov. 6 announced the sale of its crypto-focused tax platform […]
The crypto industry is experiencing a paradigm shift with the emergence of Spot Bitcoin ETFs (Exchange-Traded Funds). According to recent data, assets invested in Spot Bitcoin ETFs have reached a cumulative value of $4.16 billion […]
Bitcoin is a store of value currency and inflation hedge likable to “exponential gold,” wrote Jurrien Timmer, Head of Global Macro at Fidelity, in a post to X on Wednesday. The analyst argued that both […]
The United States Federal Reserve has sent a cease-and-desist letter to crypto media publication Bitcoin Magazine, accusing it of trademark violations, according to a Nov. 3 post from the publication. Bitcoin Magazine claims it is […]
The United States Securities and Exchange Commission’s (SEC) recent postponement of Bitcoin ETF (Exchange Traded Fund) decisions to 2024 has stirred the pot in the cryptocurrency market. Industry experts see the delay as a strategic […]
TL;DR BTC’s price surged to near $36,000, potentially influenced by the US Federal Reserve’s decision to pause interest rate hikes, though future increases remain possible. MicroStrategy’s acquisition of an additional 155 BTC, expanding their holdings […]
Bitcoin (BTC) price surged by 26.5% in October and several indicators hit a one-year high, including the BTC futures premium and the Grayscale GBTC discount. For this reason, it’s challenging to present a bearish thesis […]
Bitcoin’s current Exchange-Traded Fund (ETF) driven bull run has led to a return of substantial transactions surpassing $100,000. On October 24, daily BTC transactions exceeding $100,000 peaked at approximately 23,400, driven by increasing institutional interest […]
Galaxy Digital, the crypto venture led by U.S. billionaire Mike Novogratz, has projected a substantial capital influx into spot Bitcoin exchange-traded funds (ETFs). According to the estimations, these ETFs could witness an impressive $14.4 billion […]
El Salvador can follow Singapore’s lead and become a financial center in the Americas, according toGabor Gurbacs, strategy advisor of investment management firm VanEck. “I say often to portfolio managers and asset allocators that El […]
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