Tag: Bitcoin
Bitcoin ETF Recovery Boosts Digital Asset Inflow To $862M
The recent rally in Bitcoin Exchange-Traded Funds (ETFs) has ignited a resurgence in the digital asset investment arena, instilling confidence within the crypto community. James Butterfill, CoinShares’ Head of Research, notes a significant milestone as Bitcoin ETFs attracted an impressive inflow of $862 million last week, marking a notable turnaround.
Bitcoin (BTC) Faces Serious Alert Amid SHA-256 Collision Concerns
A recent advancement in cryptographic research has stirred significant concerns regarding the security of Bitcoin (BTC) and other digital assets reliant on the SHA-256 algorithm. The issue gained traction after a tweet from OneKey, a provider of crypto wallet solutions, went viral, posing the question “SHA-256 Collisions Breakthrough: Is Crypto Rekt?” alongside an image from an academic presentation.
Mark Yusko Boldly Predicts Bitcoin Price Surge to Six Figures in Exclusive Interview
In a recent exclusive interview, renowned investor Mark Yusko made a bold prediction regarding the future of Bitcoin, foreseeing a surge in its price to six figures. Yusko, the CEO and Chief Investment Officer of Morgan Creek Capital Management, has long been a vocal advocate for Bitcoin and cryptocurrency as a revolutionary asset class.
Institutional Investment Poised to Inject $1 Trillion into Bitcoin Amidst Continued Market Expansion, Forecasts Bitwise Executive
Institutional investors are gearing up to flood the Bitcoin market with a staggering $1 trillion in investments, as sustained growth and increased acceptance of cryptocurrencies continue to bolster confidence in digital assets. The optimistic projection comes from a top executive at Bitwise Asset Management, a leading provider of cryptocurrency index funds and ETFs.
Bitcoin Traders Prepare for Turbulence Amid Futures Gap
As Bitcoin continues its rollercoaster ride, traders are nervously eyeing a phenomenon known as the “futures gap,” which has historically led to significant price movements in the cryptocurrency market. With prices hovering near critical levels, investors are bracing for potential volatility ahead.
Bitcoin and Ethereum Remain Stable as Cryptocurrency Market Cools Off
Today, the cryptocurrency market experienced a slight cooldown, with its total market capitalization dropping by 1.14% to $2.76 trillion, as reported by Coingecko. This adjustment comes after significant movements in recent days, particularly with Bitcoin and Ethereum encountering resistance levels.
Binance Philippines Users Rush To Liquidate Holdings
Following legal challenges in the Philippines, Binance, the main cryptocurrency exchange, is experiencing a chaotic moment as consumers hurry to dump their holdings at huge discounts. Meanwhile, the recent prohibition by the country’s Securities and Exchange Commission (SEC) has sparked a surge of activity among Binance investors, with reports showing significant USDT discounts and concerns about expensive on-chain costs.
Robert Kiyosaki’s Strategy for Building Crypto Wealth: Fractional Cryptocurrency
Bitcoin (BTC), the largest cryptocurrency, surged 5% over the weekend, reaching $67,500. With the Bitcoin halving event just three weeks away, investors are starting to build up their positions in preparation. Famous investor and writer Robert Kiyosaki has stated that he intends to increase his Bitcoin holdings by an extra 10 Bitcoin before April, driven by the upcoming halving event.
Estonia Enacts Tighter Regulations for Crypto Service Providers
Estonia, known as one of the world’s most sophisticated technological civilizations, is strengthening its hold on the Bitcoin industry. The government has adopted a measure that would require bitcoin service providers to report to the country’s Financial Supervision Authority beginning in 2026.
Bitcoin Nears All-Time Highs
Bitcoin is trading around its all-time highs as we reach the final week of March. The drop from the all-time high of $74,000 reached 17% at one point, which, although still moderated by bull market correction norms, has alarmed many. When paired with the growth in mining difficulties, the traditional characteristics of a bullish trend become obvious. Beyond Bitcoin, several traditional macroeconomic factors might result in a more turbulent phase for risky assets.