Tag Archives: BTC

CoinspeakerSouth Korean Political Parties Vie for Crypto Investor Support Ahead of General Election South Korea's upcoming election sees cryptocurrency's rising influence as parties propose contrasting policies, sparking debates over taxation and regulation. South Korean Political Parties Vie for Crypto Investor Support Ahead of General Election

Bitcoin price started a downside correction from the new all-time high at $73,835 against the US Dollar. The price is now trading below $65,000 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $71,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $60,000 support zone. Bitcoin price is correcting lower below $65,000 against...

CoinspeakerCrypto Startup Velar Rolls Out Dharma AMM to Unlock DeFi Liquidity on Bitcoin  Velar's V1 Dharma will introduce decentralized exchange (DEX), allowing traders to buy and sell different cryptocurrencies on-chain.  Crypto Startup Velar Rolls Out Dharma AMM to Unlock DeFi Liquidity on Bitcoin 

CoinspeakerBitcoin Sudden Decline to Below $63K and Its Market-Wide Impact The negative shift suggests a weakening demand for Bitcoin in the US, coinciding with slowed inflows into spot ETFs and a record outflow from Grayscale’s ETF. Bitcoin Sudden Decline to Below $63K and Its Market-Wide Impact

CoinspeakerGrayscale Announces Plan to Drop Fee on Its GBTC Bitcoin ETF amid Massive Outflows Grayscale's Sonnenshein justified high fees due to GBTC's liquidity and track record. He explained that other ETFs may offer lower fees because they lack a proven track record, and issuers are enticing investors with fee incentives. Grayscale Announces Plan to Drop Fee on Its GBTC Bitcoin ETF amid Massive Outflows

CoinspeakerStandard Chartered Raises Its BTC and ETH Forecasts, Bitcoin Can Reach $250K in 2025 Looking ahead to 2025, Standard Chartered predicted that the ETH-BTC price ratio will return to levels seen in 2021-2022, potentially reaching 7%. Standard Chartered Raises Its BTC and ETH Forecasts, Bitcoin Can Reach $250K in 2025

CoinspeakerFTX and Alameda Research Transactions May Have Caused Ethereum Price Drop A closer examination of past instances reveals a pattern: whenever FTX and Alameda Research executed similar large-volume transfers of Ether tokens, Ethereum price experienced a notable correction.  FTX and Alameda Research Transactions May Have Caused Ethereum Price Drop

CoinspeakerBlackrock’s IBIT Reached Daily Inflow Peak of Nearly $1B before Bitcoin Price Retraced Below $67K BlackRock’s iShares Bitcoin Trust (IBIT) set a new record in daily traded shares of about 100 million on Thursday and a record daily inflow of $849M on Tuesday. Blackrock’s IBIT Reached Daily Inflow Peak of Nearly $1B before Bitcoin Price Retraced Below $67K

CoinspeakerJPMorgan: Gold Investors Stay Firm amidst Bitcoin Hype Experts believe that with the potential of spot Bitcoin ETFs, this market cap difference might be bridged in the coming decade. JPMorgan: Gold Investors Stay Firm amidst Bitcoin Hype

CoinspeakerUS Senators Push SEC to Pause Approval of Bitcoin ETFs, Citing Investor Safety Concerns Senators urged the commission to reassess the approval of additional cryptocurrency ETFs, citing potential risks for retail investors.  US Senators Push SEC to Pause Approval of Bitcoin ETFs, Citing Investor Safety Concerns