'Sustained' Bitcoin ETF inflows may 'buoy' price despite slowing spot buying

Bitcoin (BTC) is a dynamic monetary asset with the potential of being both — a commodity and a currency. For instance, the Securities and Exchange Commission (SEC) classified BTC as a commodity, whereas El Salvador made Bitcoin a legal tender in 2021. So, does this make BTC a store of value or a medium of exchange?…

Three and a half years after the activation of SegWit, adoption of the space-saving transaction format is still far from ideal. 1668 Total views 10 Total shares According to analysis by Mark “Murch” Erhardt of Chaincode Labs, 88% of all Bitcoin transaction inputs pay higher fees than are necessary. Erhardt bases his conclusion on data…

It doesn’t matter how experienced you are at trading because nothing can be done to protect a person against the might of cryptocurrencies’ price swings. Currently, Bitcoin’s (BTC) volatility, the standard measure for daily fluctuations, stands at 64% annualized. As a comparison, the same metric for the S&P 500 stands at 17%, while the volatility…

The $85-billion venture capital firm launched the Sequoia Crypto Fund in February 2022. 92 Total views 2 Total shares Venture capital giant Sequoia Capital reportedly downsized its cryptocurrency fund from $585 million to $200 million, amid a liquidity crunch and a pivot away toward smaller crypto players.According to a July 27 Wall Street Journal report,…

The U.S. SEC has extended its review period on a rule change that would allow the listing of 7RCC’s Spot Bitcoin and Carbon Credit Futures ETF to June 24, 2024.

Memecoins underperform the wider crypto market after double-digit weekly losses surpass the sell-off in BTC and ETH.

Matrixport's platform now allows users to buy crypto currencies directly through Visa and Mastercard. 2563 Total views 37 Total shares Bitmain-affiliated financial service platform Matrixport has teamed up with Simplex, an EU-licensed payments processing firm, to allow users to purchase select cryptocurrencies using their credit and debit cards.Matrixport users can buy seven cryptocurrencies with most…

The BRC-20 token market cap has seen a 600% rise in the past week, with its transaction volume overtaking standard BTC transactions on the network. 1554 Total views 42 Total shares Own this piece of history Collect this article as an NFTBitcoin’s BRC-20 token standard has become the latest trend in the crypto ecosystem, especially…