Bitcoin News
@bitcoin_news
News Feed

Posts published by Bitcoin News 256/459

South Korea’s Crypto Volumes Peak in 2024 as Upbit and Bithumb Dominate Local Market

In the last 100 days, South Korea’s crypto trading activity has experienced a significant upswing. The country’s leading crypto exchanges, Upbit and Bithumb, recorded their highest trading volumes in the initial week of January 2024…

Tokenized Real-World Assets: An Appealing Portfolio Diversification Strategy for Modern Investors – Zaid Ismail

Despite recently garnering much of the world’s attention, traditional exchange-traded funds (ETFs), including spot bitcoin ETFs, are still inferior to tokenized real-world assets (RWA), according to Zaid Ismail, the COO at the future-proof…

Dollar’s Reserve Currency Status Is the United States’ Reward for Controlling the Seas – Billionaire Mike Novogratz

According to Mike Novogratz, the United States’ control of the seas enables it to maintain the dollar’s reserve currency status. Novogratz suggested that the U.S. and United Kingdom’s joint strikes on Yemen were necessary because…

Greenpeace Blasts Bitcoin EFT Approval, States It Is ‘a Loss for the Climate and Society’

Greenpeace, an environmental defense organization, has criticized the recent approval of several spot bitcoin exchange-traded fund (ETF) products, stating that it constituted a “watershed moment” in the embrace of the financial services…

Robert Kiyosaki Raises Alarm on Ballooning National Debt — Urges Investors to Buy Bitcoin

Rich Dad Poor Dad author Robert Kiyosaki has expressed concerns about the rapid rise in the U.S. national debt, which ballooned by a trillion dollars over a short period. The famous author then urged investors to buy bitcoin alongside gold and…

Altcoin Season Index Signals Arrival — Top Tokens Eclipse Bitcoin’s Market Performance

According to the Altcoin Season Index from blockchaincenter.net, an indicator signaling the arrival of the so-called ‘altcoin season,’ the time has indeed come for altcoins. This metric essentially demonstrates that 75% of the leading…

Opening Vintage Caches — $28 Million in Dormant Bitcoin Stir From 2010-2017 Wallets

Recent data reveals that so-called ‘sleeping bitcoin’ wallets, established from 2010 to 2017, transacted about 659.14 bitcoins, valued at approximately $28.26 million, during the initial fortnight of this year. A significant portion…

Unveiling Bitcoin Reserves — A Deep Dive Into Holdings of 6 New Spot Bitcoin ETFs

In the initial forty-eight hours following the launch of the United States’ first spot bitcoin exchange-traded funds (ETFs), data has emerged regarding the number of bitcoins held by these funds. Currently, Blackrock stands at the forefront…

Latam Insights: Bukele Frontrunned Blackrock’s Bitcoin ETF Move, Bitcoin Lease Contracts in Argentina

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: El Salvador’s President Nayib Bukele states they got into Bitcoin before Blackrock, the first…

Distributed Validator Technology More Primed to Overcome the Ethereum Validator Overload Challenge – Alon Muroch

While the Ethereum network’s migration to a proof of stake (PoS) consensus mechanism has seen the protocol become less energy-intensive, Alon Muroch, the founder of the SSV Network core team, said if the number of validators is not contained…

Vanguard Deepens Anti-Crypto Stance After Disallowing Spot Bitcoin ETF Trading — Ark CEO Says ‘It’s a Terrible Mistake’

Investing giant Vanguard has doubled down on its anti-bitcoin and anti-crypto stance after disallowing investors access to spot bitcoin ETFs approved by the U.S. Securities and Exchange Commission (SEC) this week. The firm has also announced that…

Blackrock CEO Larry Fink on Bitcoin: I’m a Big Believer — Its Bigger Than Any Government

Larry Fink, the CEO of Blackrock, the world’s largest asset manager, says he has become “a big believer” in bitcoin, emphasizing that it is “bigger than any government.” Calling the cryptocurrency “digital gold,” the executive stressed: “U

US Lawmaker Expects Donald Trump to Become ‘a Lot More’ Crypto Friendly in Second Term as President

U.S. Representative Tom Emmer expects former U.S. President Donald Trump to become “a lot more” friendly toward cryptocurrency if he returns to the White House. Trump has launched three non-fungible token (NFT) collections since…

Binance and Coinbase Hold 11% of Crypto Economy’s Net Value, Leading in BTC and ETH Reserves

Statistical data reveals that Binance and Coinbase, two titans in the cryptocurrency exchange arena, cumulatively possess 11.85% of the $1.68 trillion digital currency economy. In addition, these prominent trading platforms control 7.83% of the…

$311 Million in NFT Sales Amidst Fluctuating Blockchain and Collection Performances

In the last week, the non-fungible token (NFT) market experienced unremarkable sales, totaling $311.31 million. This figure represents a slight uptick of just 0.05% from the previous week. Despite this, Bitcoin NFT sales have consistently…

Across-the-Board Crypto Stock Declines Erode Earlier Profit Streaks

Although spot bitcoin exchange-traded funds saw substantial trading activity on Thursday and Friday, publicly-listed crypto companies faced a different fate, with several equities experiencing significant losses when the market closed on Friday…

GBTC’s Closing NAV Discount and Steep Fees Trigger Outflows, ETF Analyst Expects ‘More Over Time’

Last week, the U.S. Securities and Exchange Commission (SEC) greenlit the debut of 11 diverse spot bitcoin exchange-traded funds (ETFs), which, in their initial two days on the market, experienced a substantial $7.65 billion in trading volume…