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Bitcoin (BTC)

Coinbase CEO Denies Selling ‘Paper Bitcoin’ to BlackRock and cbBTC Claims

Coinbase founder and CEO Brian Armstrong has denied speculations that the company has sold paper Bitcoin to BlackRock without maintaining a 1:1 backing. The allegations have caused debate in the crypto community, with some accusing Coinbase of lacking transparency in its Bitcoin reserves. Brian Armstrong Dispels the Rumors In a statement on X addressing crypto analyst Tyler Durden, Armstrong explained that the minting and burning of Bitcoin for BlackRock’s spot Bitcoin ETF...

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These Are the Latest Trends in the Crypto Staking Landscape

The crypto staking landscape is constantly evolving, with new and remarkable shifts coming to light every now and then. A feature that was once primarily attributed to networks with proof-of-stake consensus mechanisms like Ethereum, developers have now brought staking and restaking to the Bitcoin blockchain. A report by the non-custodial staking services provider P2P.org outlined some major staking trends seen in the market over the past month. Trends in Ethereum Staking The...

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SEC Leaves Ether Off Securities Column In eToro Case

Trading app eToro recently reached a settlement with the US Securities and Exchange Commission. The SEC announced Thursday that eToro “agreed to pay $1.5 million to settle charges that it operated an unregistered broker and unregistered clearing agency in connection with its trading platform that facilitated buying and selling certain crypto assets as securities.” But eToro also agreed to halt trading for any cryptos except for Bitcoin, Bitcoin Cash, and Ether. “By removing...

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Top Bitcoin Trader Says BTC Is Likely to Blast Past $60K this Weekend, Altcoins Gear Up For More Gains

Bitcoin (BTC) continues to make headlines as one of the top crypto traders predicts that it will likely surge past the $60,000 mark over the weekend.  Several factors fuel this bullish sentiment, including positive on-chain data, reduced miner selling pressure, and growing institutional interest in Bitcoin ETFs.  As Bitcoin gears up for a potential breakout, altcoins are also preparing for gains. Emerging tokens like RCO Finance (RCOF), currently in its presale stage, show strong...

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Is BTC Heading Toward $65K After Surging 10% Weekly? (Bitcoin Price Analysis)

Bitcoin has recently experienced a strong bullish reversal from a critical support zone, defined by the 0.5 and 0.618 Fibonacci levels. BTC is now approaching the 100-day moving average at $61.6K, where it may encounter significant selling pressure, suggesting a potential short-term consolidation. Technical Analysis By Shayan The Daily Chart A closer examination of Bitcoin’s daily chart reveals that after a decline toward the key support zone between the 0.5 ($56.3K) and...

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Bitcoin’s Correlation With Gold Turns Negative as Market Slips Into Bear Phase: CryptoQuant

The price of bitcoin (BTC) has entered a bearish phase, stemming from the asset’s constant decline and range-bound movement. As a result, the largest cryptocurrency has decoupled from gold. According to CryptoQuant analysts, bitcoin’s price has been declining while the yellow metal has rallied to new record highs, causing their correlation to turn negative. Bitcoin Decouples From Gold The negative correlation between bitcoin and gold reflects a risk-averse environment where...

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Looking For The Next Bitcoin (BTC)? Crypto Whales Are Going All-In On This Altcoin

Crypto whales are making waves again, and this time, they’ve set their sights on a promising altcoin that could follow in the footsteps of Bitcoin (BTC). As investors search for the next big opportunity, one rising Ethereum token has captured their attention – ETFSwap (ETFS). With its innovative utilities and a low presale price of $0.03846, smart investors are moving quickly to secure their shares before the ICO window closes. Could ETFSwap (ETFS) be the next million-making opportunity,...

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