Bitcoin (BTC)

CoinspeakerUS Spot Bitcoin ETFs Surge with Sixth Consecutive Day of Net Inflows Despite this positive trend, overall flows for these ETFs remain below their March peak. US Spot Bitcoin ETFs Surge with Sixth Consecutive Day of Net Inflows

CoinspeakerCoinbase Derivatives to Launch Oil and Gold Futures Contracts Coinbase has not limited its expansion to products and services alone as it equally pursues diversification outside the United States where it has faced several legal challenges. Coinbase Derivatives to Launch Oil and Gold Futures Contracts

U.S. Bankruptcy Judge Sean Lane approved Genesis Global’s Chapter 11 liquidation plan on Friday, enabling the bankrupt cryptocurrency lender to return approximately $3 billion in cash and crypto to its creditors. This ruling means that its parent company, Digital Currency Group (DCG), will not recover anything from the bankruptcy proceedings. DCG Left with No Recovery Judge Lane’s ruling comes after overruling an objection from DCG, which argued that the repayment to Genesis’...

A UK judge has officially ruled that Craig Wright is guilty of forgery “on a grand scale” following the computer scientist’s decisive court loss in March. In a written judgment published on Monday, High Court Justice James Mellor said Wright lied “extensively and repeatedly” in court to support his “biggest lie” – his claim to be Bitcoin’s pseudonymous creator, Satoshi Nakamoto. Wright’s Overwhelming Forgeries “Dr. Wright presents himself as an extremely clever person,” wrote...

Crypto investors are buzzing about one analyst’s $120,000 Bitcoin price target for 2024. This analyst believes Bitcoin could see a 78% rise before the end of the year, based on how the DXY is shaping up. But many traders believe that a token called 99Bitcoins Token (99BTC) could flip crypto education on its head. Crypto Analyst Predicts Bitcoin to Soar to $120,000 by Year’s End Following Bitcoin’s impressive recovery last week, crypto traders are closely monitoring the...

CoinspeakerNew Bitcoin Wallet Addresses See Massive Decline, Hit Lowest Point since 2018 Despite the current downturn, there are notable signs that the Bitcoin ecosystem is poised to make a comeback. New Bitcoin Wallet Addresses See Massive Decline, Hit Lowest Point since 2018

CoinspeakerHong Kong Welcomes FinTax to Simplify Tax Reporting as Crypto Adoption Increases This new software, FinTax, will make tax calculations for crypto assets easy. Hong Kong Welcomes FinTax to Simplify Tax Reporting as Crypto Adoption Increases

The price of bitcoin (BTC) has surged past the $60,000 level to the $67,000 zone due to news of a lower-than-expected inflation rate in the United States. According to the latest CryptoQuant weekly report, bitcoin’s latest rally has also been sustained by a recent decline in selling pressure. However, demand for the cryptocurrency has yet to pick up. Bitcoin Selling Pressure Declines The fall in BTC selling pressure can be seen in the on-chain activity of short-term holders...

Bitcoin keeps touching new levels of adoption in the real world, with traditional finance (TradFi) firms embracing the digital asset at a remarkable pace. The significant investment in spot Bitcoin exchange-traded funds (ETFs) signifies growing institutional interest in crypto assets. Last quarter, a staggering number of U.S. banks, investment managers, hedge funds, and professional firms bought spot Bitcoin ETFs, as seen in their 13F filings with the Securities and Exchange...

Bitcoin had a quite positive trading week in which it gained over six grand and skyrocketed to its highest price tag in almost a month of over $67,000. Most altcoins also followed suit, with SOL, AVAX, BCH, LINK, and many others registering double-digit gains. BTC Calms at $67K Bitcoin had retraced to just over $60,000 last Friday, but the bulls managed to defend that psychological support level during the weekend. Moreover, the asset started to climb on Monday and jumped to...