Bitcoin (BTC)

CoinspeakerCourt Verdict on Grayscale Bitcoin Spot ETF Expected by End of This Week Aside from the Grayscale Bitcoin Spot ETF, the SEC is also reviewing other Bitcoin ETF proposals. Court Verdict on Grayscale Bitcoin Spot ETF Expected by End of This Week

ADA price is gaining bearish momentum below the $0.312 support zone against the US Dollar. The price is now trading below $0.305 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.2920 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.300 resistance zone. Cardano price is struggling below $0.300 against the US Dollar, similar to Bitcoin. ADA price...

Crypto fund inflows are running positive again after a three-week lull period, with the vast majority of capital rushing into Bitcoin (BTC). The renewed interest follows the release of inflation figures for July, which came in slightly better than expectations. Bitcoin Funds Back In Profit According to CoinShares’ weekly digital asset flows report, inflows to crypto funds totaled $28.5 million last week, with $27 million heading into Bitcoin. This follows a three-week period...

Javier Milei – a 52-year-old Argentine politician, businessman, and economist – collected the most votes in the country’s primary presidential elections. The leader of the political coalition La Libertad Avanza (Freedom Advances) is a keen advocate of bitcoin and a fierce opponent of the central bank. He has also gained popularity due to a crypto scandal involving the dubious digital asset platform called CoinX. Milei advertised the entity on his Instagram account in December...

The Bitcoin network is designed to foster some level of anonymity, allowing users to perform transactions globally without revealing their true identity. Despite this, the blockchain network is not private, as transactions are publicly open to everyone. Anyone can also identify the total Bitcoin holdings of any wallet address. Like the Bitcoin protocol, most blockchains today are public. This means that transactions and other on-chain data that should otherwise be private...

Fidelity recently asked its X followers to choose a new bill denomination. Two hours later, more than half the answers were cryptocurrencies. It’s another sign of crypto’s ascendance in the global economy. The trillion-dollar multinational finance company wanted to know what new bill denomination their social media followers would come up with: You get to choose a new bill denomination (don’t ask, just roll with it). What are you choosing, and why? — Fidelity Investments...

Famous podcast host and MMA commentator, Joe Rogan, is no stranger to Bitcoin (BTC). Having mentioned it in numerous conversations already, both he and his guests have praised the asset before for its absolute scarcity and freedom-focused properties, while contrasting it against the controlling nature of Central Bank Digital Currencies (CBDCs). He’s even accepted BTC as payment for one of his comedy shows. That said, the podcaster’s remarks on Bitcoin are often only in...

The crypto market continues to struggle, with Bitcoin trading sideways near the $29,300 price level and major altcoins like Ethereum and Solana adopting a slightly bearish stance. The bull rally in major meme coins has come to a halt as well – both Dogecoin and Shiba Inu are seeing selling pressure in the daily time frame, correcting 2.2% and 1% respectively. Pepe coin has also been unable to carry its bullish momentum and is facing a crucial resistance at $0.14....

There is a war occurring in the African nation of Sudan, and bitcoin is helping residents either survive the rough conditions or escape the nation to freedom. Sudan is in a Rough State The war in Sudan is relatively new, having only begun about four months ago (April of 2023). The conflict has been fueled by many financial issues including record-high inflation, which surged beyond the 350 percent mark in 2021. In addition, the Sudanese banking infrastructure has...

2023 has been a year of great turnaround for bitcoin and analysts are wondering why. Bitcoin Has Seen a Lot of Change This Year For one thing, it appears macroeconomic conditions have loosened up somewhat. While many financial experts still see an economic downturn happening towards the end of the year, talks of a recession of somewhat subsided. Still, things are shaky enough (with bank failures and what not) that people have looked to bitcoin and similar assets...