Bitcoin (BTC)

Despite positive developments such as the approval of Bitcoin spot ETFs by the U.S. Securities and Exchange Commission, Bitcoin’s price encountered significant rejection, resulting in a notable 17% decline. However, as the cryptocurrency approaches a crucial support region, there is potential for a renewed bullish movement. Technical Analysis By Shayan The Daily Chart Analyzing the daily chart, Bitcoin’s attempt to overcome the substantial resistance at $48K was met with...

Roughly a week after the United States Securities and Exchange Commission (SEC) approved the first wave of spot Bitcoin exchange-traded funds (ETFs), BTC investor demand in the country has slumped. According to a weekly report from market intelligence platform CryptoQuant, the weak BTC demand from U.S. investors is evident in crypto exchange Coinbase’s premium turning negative for the first time in 2024 amid high selling activity from short-term holders. BTC Investor Demand...

Suite à une première édition à La Baule en mai 2023, la seconde Bitcoinference aura lieu à Marseille le 2 février 2024. « La Bitcoinference est une table ronde ouverte au public, rassemblant particuliers et professionnels, novices et passionnés. Plongez au cœur de l’univers fascinant du Bitcoin et des cryptomonnaies au contact d’experts français renommés. Assistez à la projection en avant-première...

Bitcoin’s untypical lack of volatility continues as the asset has failed to move during the weekend from the $41,500 mark. Most altcoins are also quite sluggish now, with minor gains seen from the likes of ETH, SOL, XRP, BNB, and ADA. BTC’s Stagnation Continues The ETF approvals from last week came amid enhanced volatility that saw BTC going up and down by several thousand dollars. The peak came on Thursday when the products reached the US financial markets, and Bitcoin...

Crypto market analysis platform CoinGecko has provided a breakdown of the industry’s growth in 2023 amid optimism and anticipation about several events this year, including the recent approval of spot Bitcoin exchange-traded funds (ETFs) and the upcoming Bitcoin halving. According to the report, the market witnessed substantial growth in several areas, including decentralized finance (DeFi), non-fungible tokens (NFTs), centralized exchanges (CEXs), and decentralized exchanges...

El Salvador made history by becoming the first nation to embrace Bitcoin as a legal tender more than two years ago. Although the country’s financial outlook has seen positive developments, a recent study carried out by José Simeón Cañas Central American University unveiled a mixed sentiment regarding the correlation between the adoption of Bitcoin and perceived improvements in personal well-being. Mixed Feelings According to the survey, 12% of the local population in El...

A spot Bitcoin exchange-traded fund (ETF) has been one of the hottest topics over the past few years. Many investment companies, both traditional and crypto-oriented, have been filing multiple applications with the United States Securities and Exchange Commission over and over again. On January 10th, 2024, the SEC finally gave the go-ahead and greenlighted a total of 11 Bitcoin ETF applications. It’s been a hard-fought battle spanning many years, and if you want to check out...

The latest TokenInsight report reveals that 2023 witnessed shifts in market share and trading volume among top exchanges, with Binance’s numbers decreasing from 54.2% to 48.7% while OKX’s and Bybit’s increasing by 4.3% and 2.2%, respectively. Binance, Upbit, and OKX occupy the top three positions in total annual trading volume, while Binance, OKX, and Bybit are in the lead regarding derivatives. Binance’s Market Share and Resilience At the beginning of 2023, Binance held a...

« Meetup sous format de rendez-vous mensuels pour parler Bitcoin et sujets connexes. Nous sommes associés au programme Ambassadeurs de Découvre Bitcoin. Les sujets abordés gravitent autour de Bitcoin : la monnaie et son impact sociétal, l’économie, l’écologie, la politique. Chaque Meetup essaiera de tourner autour de thèmes en présentant une des facettes de Bitcoin, pour amener à découvrir et à en...

Perhaps the most important development in terms of global validation for BTC in its 15-year-long history came last week when the US Securities and Exchange Commission finally greenlighted nearly a dozen spot Bitcoin ETFs to be traded on financial markets. These approvals were long-anticipated by the crypto community, as well as traditional investors, but they turned out to be a sell-the-news event, after which the price of the underlying asset slumped by 15% in a week or so....