Grayscale report: Bitcoin, crypto market poised for growth pending stable macroeconomy. Bitcoin resilient despite April dips. Fed hints at rate cuts amidst inflation concerns. Positive crypto developments include Bitcoin halving, stablecoin market growth.
EdmundHong Kong's spot Bitcoin ETFs saw second straight day of outflows, with 90.16 BTC leaving on Thursday. China Asset Management's ETF led outflows, reversing earlier inflow trends. Despite this, total AUM for all three ETFs reached 4,260 BTC and $261.45 million. Investor behavior shifts with $5.5 million total daily outflows.
EdmundHoskinson voices concerns over Biden administration's crypto approach, criticizes SEC's SAB 121. Warns of talent exodus and urges voting for crypto-friendly candidates. Contrasts Biden's stance with Trump's support for crypto. Calls for voter prioritization of crypto issues in upcoming elections.
Xu LinEU explores integrating cryptocurrencies into €12 trillion investment market, potentially eclipsing US crypto ETFs. ESMA's consultation on crypto under UCITS framework heralds a significant shift. Despite benefits, challenges like aligning custody practices remain, indicating a complex path ahead.
Xu LinViaBTC underscores the significance of Bitcoin transaction fees, propelled by applications like Ordinals and Runes, in sustaining miners amidst halving events. Despite challenges, ViaBTC's record-setting transaction fee on halving day highlights the potential of increased network activity for miner compensation, aligning with Satoshi Nakamoto's vision.
Huang BoVan de Poppe warns of Bitcoin's vulnerable position, signaling a possible dip to $52,000-$55,000. Declining whale accumulation and bearish market trends heighten concerns despite ongoing demand from American spot Bitcoin ETFs and MicroStrategy.
EdmundGrayscale's Q1 revenue flat despite GBTC's conversion to ETF; outflows prompt fee reconsideration. US spot Bitcoin ETFs face competition; DCG sees 11% revenue rise; Foundry and Luno subsidiaries thrive amidst volatility.
Huang BoDOGE price dips 5.8% after Robinhood's SEC trouble. Tight BTC correlation adds pressure. Technical analysis points to $0.143-$0.146 support zone. Resilient indicators offer cautious optimism.
Huang BoPublicly traded companies collectively hold over $19 billion worth of Bitcoin in their treasuries. Leading the pack are prominent names such as MicroStrategy, Tesla, and Coinbase, along with Bitcoin mining firms.
KikyoTrump endorses cryptocurrency, vows to support industry growth, considers accepting digital donations for 2024 campaign.
Huang BoBitcoin's supply-in-profit ratio nears previous bull market peaks, indicating substantial unrealized gains. Analysts foresee sustained levels amidst institutional investment but caution against potential price corrections. Crypto market hits 22-month high at $2.25 trillion.
Xu LinEl Salvador's Bitcoin investments, particularly the daily purchases, have generated an $8 million profit. The total value of Bitcoin assets stands at $131 million, indicating a successful venture into the cryptocurrency realm. However, the absence of announcements regarding bulk purchases raises questions about the country's future strategies in the crypto market.
BerniceFollowing the theft, the British Museum announced their plan to digitise all collection artefacts to enhance security and accessibility for the public.
OliveUnless it can find another service provider, crypto exchange Binance will suspend British pound sterling deposits and withdrawals starting on May 22.
decryptBitcoin (BTC) and Ethereum (ETH) are still rallying since the prices of the digital assets crossed over into pre-FTX crash levels.
Bitcoinist2021 tax returns claim Alameda and FTX ran at a net loss.
BeincryptoBitcoin (BTC) trading volumes against the British pound (GBP) surged to a new high after the Sterling wobbled on Tuesday.
BitcoinistThe price of bitcoin has been fluctuating in the last week. Mainly the price has been growing, reaching one-month highs ...
BitcoinistElon Musk’s electric vehicle company sold 75% of its BTC in the second quarter. The company’s overall profitability was impacted by inflation and the competition for battery cells.
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