Since the launch of the BTC ETFs last week, the industry has recorded a significant inflow of BTC products compared to other ETFs in the market. Cryptocurrency exchange Bybit said on Tuesday that the recent approval of the first spot Bitcoin (BTC) exchange-traded funds (ETFs) in the United States represents a “watershed moment” for retail investors. On January 10, 2024, the Securities and Exchange Commission (SEC) granted approval to 11 prominent financial companies, including Grayscale...
Read More »BRC-20 Token Trading Volume Skyrockets 10x Since November 2023, Kaiko Reports
The trading volume for BRC-20 tokens has surged, rising from $10-15 million to over $500 million since November 2023, according to data from Kaiko. The data indicates a substantial increase in trading activity for tokens minted on the Bitcoin blockchain, with their volumes experiencing a tenfold growth since the close of 2023. BRC-20 Token Trading Volume Surge According to a report on January 15 by the Paris-based blockchain analytics firm, trading volumes for BRC-20 tokens...
Read More »Bitcoin meetup à Montmartre
« Rejoignez-nous à cette soirée consacrée à Bitcoin. Venez partager, des idées, des connaissances, des questions, des histoires… Rencontrer la communauté vous permet d’apprendre, de comprendre et de progresser dans cet univers, des cryptomonnaies, qui mûrit et se consolide de plus en plus. » Où ? – Au N’Collin’s Pub, 47 Rue Lamarck à Paris Quand ? – Mercredi 17 janvier à partir de 18h00 En...
Read More »Bitfinex Teams Up with Synonym to Introduce Bitcoin Lightning Network Feature
Prominent crypto exchange Bitfinex has announced a collaboration with Synonym to introduce a new feature that enables customers to purchase Lightning Network connections for instant deposits, withdrawals, and payments. The Lightning Channel feature is offered through Blocktank, a platform operated by Synonym, a subsidiary of Tether Holdings Limited. Bitfinex Teams Up With Synonym According to a press release shared with CryptoPotato, Bitfinex customers utilizing Lightning...
Read More »Morgan Stanley: Bitcoin and CBDCs Threaten US Dollar’s Dominance as Global Currency
The report states that an increase in the adoption and use cases of Bitcoin and CBDCs could weaken the strength of the US dollar. Andrew Peel, the Head of Digital Assets at financial services giant Morgan Stanley (NYSE: MS), has warned that the use of cryptocurrencies like Bitcoin could negatively impact the US dollar. Peel said a potential paradigm shift in the way people view and interact with digital assets, including CBDCs (Central Bank Digital Currencies), could weaken the US dollar’s...
Read More »Former BitMEX CEO Arthur Hayes Says Bitcoin ETFs Could Attract Billions of Dollars
While being bullish on Bitcoin ETFs for the long term, Arthur Hayes expressed bearish sentiments on Bitcoin in January, anticipating a short-term correction of up to 30% in prices. In a recent post on Tuesday, Arthur Hayes, Chief Investment Officer of the family office Maelstrom and former CEO of BitMEX, delves into the allure of Bitcoin (BTC) for investors, citing market inefficiency and its uncorrelated behavior with traditional assets as key factors attracting billions in capital from...
Read More »Présentation en ligne du wallet Liana de Wizardsardine
Ce mercredi 17 janvier à 21h30, Aix Bitcoin organise avec @pythcoiner une présentation en ligne du wallet Liana de @wizardsardine. Objectif : « Apprendre comment cet outil permet d’améliorer la sécurité de ses fonds vis à vis des attaques extérieures ou des erreurs humaines et se protéger contre soi-même mais aussi envisager l’héritage désintermédié. » Il est fortement conseillé d’installer...
Read More »Cardano (ADA) Price Analysis: Risk of Bearish Break Below $0.525
ADA price started a downside correction from the $0.620 zone against the US Dollar. The price is now trading below $0.55 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.5420 on the 4-hour chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.550 and $0.565 resistance levels. Cardano’s price is consolidating above $0.525 against the US Dollar, like Bitcoin. ADA...
Read More »Bitcoin Steals the Show With 98% of Weekly Inflows, Solana Trails Behind: CoinShares
Digital asset investment products experienced a $1.18 billion increase in inflows last week, according to CoinShares. This figure, however, did not surpass the previous high set in October 2021 when futures-based Bitcoin ETFs garnered a total of $1.5 billion. The latest edition of “Digital Asset Fund Flows Weekly Report” further revealed that the trading volumes for Exchange-Traded Products (ETPs) did break records by reaching $17.5 billion last week, marking the highest...
Read More »This Hasn’t Happened to Bitcoin (BTC) in Almost 3 Months
TL;DR Bitcoin Volatility: Bitcoin’s price swings as of late might have led to changes in the BTC Fear and Greed Index. Bitcoin Halving Event: The upcoming halving in April 2024 is anticipated to impact the asset’s supply and demand, possibly affecting investors’ sentiment. No More Greed The historic approval of spot Bitcoin ETFs in the United States and all the surrounding drama have taken their toll on Bitcoin, which soared to $49,000 on January 11 but later descended to...
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