Tag Archives: BTC

The new partnership with Taurus suggests that Banco Santander anticipates a greater role for crypto in traditional finance. Spanish banking giant Banco Santander is partnering with cryptocurrency asset management platform Taurus to offer its customers custodial services for their digital assets. Banco Santander recently emerged as the only Spanish bank to appear on the 2023 list of financial institutions of global systemic importance. The list comprised 29 names classified by the Financial...

Aside from his involvement with OCEAN, Dorsey has supported many other blockchain projects with strong potential to benefit the crypto space. Wyoming-based software development company Mummolin has raised $6.2 million in an investment round led by Jack Dorsey, an American internet entrepreneur and billionaire CEO of the financial services company Block, for the launch of its decentralized Bitcoin (BTC) mining pool, OCEAN. In a press release published on November 28, the company said it had...

The revised proposal allows the ETF to utilize both in-kind and cash mechanisms. The ETF plans to store Bitcoin in cold storage, with custody services provided by Coinbase Custody Trust. Franklin Templeton has submitted an updated S-1 filing to the Securities and Exchange Commission (SEC), seeking approval for the launch of a Bitcoin exchange-traded fund (ETF). This move comes shortly after the SEC decided to postpone the consideration of the previous proposal. The Franklin Bitcoin ETF...

Bitcoin price started a strong increase above the $37,500 zone against the US Dollar. The price is now trading above $37,000 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $36,700 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to rise if it stays above the $36,500 support zone. Bitcoin price is showing positive signs above $37,000 against the US Dollar. BTC might...

Dan Tapiero also shared insights into his bullish Bitcoin price prediction emphasizing on the cryptocurrency’s role as a monetary network and immutable, distributed ledger. Bitcoin has been flirting around $37,000 levels for a while and has left investors confused over what could be its next direction. Long-term investors continue to stay bullish over its future. Some believe that there’s no better time than today to be bullish about BTC since the first spot Bitcoin ETF shall be coming to...

In the article, Hayes presented a unique perspective on centralization, branding himself, and even Changpeng ‘CZ’ Zhao, the former CEO of Binance, as sinners in the eyes of “Lord Satoshi”. In his recent article, “Panda Power”, Arthur Hayes, a prominent crypto expert and BitMEX co-founder provided a unique perspective on China’s impact on Bitcoin (BTC) mining and the broader global crypto ecosystem. US-China Relations and the Crypto Market Hayes explores the recent developments in US-China...

In the midst of economic uncertainties, the crypto market, particularly Bitcoin, has experienced notable price movements. The crypto market is witnessing a surge in Bitcoin (BTC) price, reaching over $37,400, while US Treasury yields remain little changed since Friday. As investors keep a close eye on economic data that could influence the Federal Reserve’s monetary policy, the steady Treasury yields play a crucial role in shaping market dynamics. Treasury Yields and Market Stability...

Israeli security agencies note that the Tron network has become the preferred platform for crypto transfers by militant groups linked to Palestine, Hamas, etc. In Israel’s ongoing battle against the financing of Iran-backed militant groups such as Hamas and Hezbollah, a previously less scrutinized crypto network Tron has emerged as a significant player. Surpassing Bitcoin in terms of transaction speed and cost-effectiveness, the Tron network has become the preferred platform for crypto...

While Wallet of Satoshi has exited the US market for now, the company expressed hope for a potential return. Wallet of Satoshi (WoS), a popular Bitcoin (BTC) Lightning payments app, has mysteriously disappeared from both Apple Inc‘s (NASDAQ: AAPL) App Store and Google’s Play Store in the United States. This development comes at a time when the app is on the brink of processing over 1 million transactions for the month of November. The Disappearance Wallet of Satoshi Early today, users and...

If the entire $2.7 billion exits the bitcoin market, it would exert significant downward pressure on bitcoin prices, the authors stated. However, if most of this $2.7 billion transitions into other bitcoin instruments, such as the newly established spot bitcoin ETFs post SEC approval, the negative market impact would be more moderate. Nevertheless, the bank indicated that Bitcoin continues to face downside risks, as some of the $2.7 billion is likely to exit the Bitcoin space completely. The...