US Bitcoin ETFs see record $17B in net inflows
The consistent inflows into Bitcoin spot ETFs signal a robust and growing demand for regulated Bitcoin investment vehicles.
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Breaking: Bakkt Announces First Regulated Options Contract for Bitcoin
Bakkt announced on Oct. 24 that it will be launching the first regulated options contract for Bitcoin (BTC) futures on Dec. 9. According to the Bitcoin futures exchange, the key features of the Bakkt Bitcoin Options contract include capital efficiency, cash or physical settlement, European-style options, low fees, as well as instant messaging, block trades and…
First weekly death cross ever — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week just under $22,000 as bulls fail to reclaim lost ground in February.After some modest volatility towards the weekly close, BTC/USD is still near three-week lows as a new status quo enters with $22,000 as resistance.The largest cryptocurrency stands at the beginning of an important week of macroeconomic data, however,…
Circle’s USDC on track to topple Tether USDT as the top stablecoin in 2022
The growth of Circle's native stablecoin USD Coin (USDC) in the last two months compared to its $66-billion rival giant Tether (USDT) is nothing short of spectacular.USDT, USDC market cap ratio hits the lowest on recordNotably, USDC's market capitalization has grown by 8.27% since May, reaching its highest level of $55.9 billion on July 2.…
Bitcoin 200-week moving average hints price will never go below $6.7K
Bitcoin (BTC) speculators waiting for a BTC price drop of even 35% will probably be waiting forever, new data shows.In a tweet on Sep. 22, quant analyst PlanB noted that Bitcoin will break the habit of a lifetime if it goes lower than $6,700.PlanB tracks historical BTC price floorPlanB was referencing the 200-week moving average…
Bitcoin must reach a 'higher high' to confirm uptrend after dip below $58K
If Bitcoin is to maintain its longer-term uptrend, it must avoid breaking down below $56,000, according to a crypto analyst.
Bitcoin energy pivot achieves what ‘few industries can claim’ — Bloomberg analyst
Bitcoin's hash rate has continued to increase and yet its emissions intensity has been trending down, contrary to most other industries, Bloomberg analyst Jamie Coutts explained. While the Bitcoin network has continued to expand over the years, the Bitcoin mining industry has yet to see a comparable increase in carbon footprint — an achievement that
Crypto exchange FTX Japan to resume withdrawals on Feb. 21
"We are very sorry for the concern and inconvenience caused to our customers due to the suspension of our services," the exchange wrote. 55 Total views 1 Total shares Own this piece of history Collect this article as an NFTAccording to a press release on Feb. 20, FTX Japan, the Japanese subsidiary of troubled cryptocurrency…
Bitcoin is ‘playing mind games’ as its price coils into a tighter range
The general mood across the cryptocurrency market is one of anticipation on Sept. 17 as the price of Bitcoin has traded in an increasingly tighter range over the past couple of days and looks to be coiling in preparation for a move one way or another. Data from Cointelegraph Markets Pro and TradingView shows that the…