Recently, BlackRock released an educational video explaining Bitcoin, which I thought was great—it’s amazing to see Bitcoin being discussed on such a massive platform. But, of course, Bitcoin X (Twitter) had a meltdown over one specific line in the video: “There is no guarantee that Bitcoin’s 21 million supply cap will not be changed.” HealthRnager…
There is no question that the cryptocurrency industry witnessed explosive growth in 2024, with the flagship cryptocurrency Bitcoin continuing to lead the market. Data shows that the total market capitalization of the crypto industry has more than doubled over the past year. While it has been challenging to find a common theme for how the…
Amid yesterday’s crypto market slump, the US Securities and Exchange Commission (SEC) approved the first-ever dual Bitcoin (BTC) and Ethereum (ETH) index exchange-traded funds (ETFs) from Franklin Templeton and Hashdex. The ETFs are scheduled for launch in January 2025. SEC Approves First Dual Bitcoin-Ethereum Index ETFs For the first time, the US financial regulator has…
The Bitcoin price movements in the past 24 hours have sent the entire crypto market into another state of disarray and liquidations. Particularly, Bitcoin has witnessed a price crash of about 5% in the past 24 hours, which has seen it breaking below the $100,000 psychological price threshold again. Although Bitcoin eventually seems to be…
According to Whale Alert, the average profit per BTC is at an all-time high of $67,088, at the time of writing. “The Potential Profit per Token graph shows the potential profit that holders could make per token if they sold at a specific time,” Whale Alert’s website explains. Whale Alert has further calculations on this…
Germany’s Free Democratic Party (FDP) is intensifying its focus on Bitcoin and crypto policy during the run-up to the country’s parliamentary elections, scheduled for February. The party’s newly released election manifesto, published on December 18, signals a notable pivot towards integrating digital assets such as Bitcoin into the existing financial framework. Notably, the FDP mentions…
Prominent crypto market commentator and former BitMEX CEO Arthur Hayes predicts a “harrowing dump” in the digital assets market around President-elect Donald Trump’s inauguration. However, Hayes adds that the anticipated market crash will likely be followed by a strong bullish trend reversal. Hayes Warns Against Overblown Expectations From Trump Renowned crypto market analyst Hayes shared…
In a potential win for the crypto industry, the Senate Banking Committee has canceled its vote on the reappointment of US Securities and Exchange Commission (SEC) Commissioner Caroline Crenshaw, known for her critical stance on Bitcoin and other digital assets. This development, reported by FOX Business journalist Eleanor Terrett, means that Crenshaw will not secure…
In a recent interview with CNBC, Michael Saylor, founder and chairman of MicroStrategy, drew an interesting parallel between Bitcoin (BTC) and New York City, referring to the market’s leading cryptocurrency as “cyber Manhattan.” ‘Every Day Is A Good Day To Buy Bitcoin’ Saylor expressed a long-term bullish outlook on Bitcoin, stating, “We’ll just keep buying…
The UK Financial Conduct Authority (FCA) has released a discussion paper outlining several proposals and inviting public feedback on crypto regulations in the country. Notably, one proposal seeks to ban public crypto offers from non-regulated entities. Cryptocurrency Public Offers Draw The FCA’s Attention According to the FCA, the proposals – detailed in the discussion paper…
