2021-7-19 17:17 |
The sideways movement of bitcoin is looking to continue as we are once again in a re-accumulation phase. On-chain whale activity is not showing any improvement, and volatility is getting tighter and tighter in the last few weeks. origin »
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Since last week, Bitcoin has been on a rollercoaster ride. It has been late on Wednesday night, last week, that the price of the digital asset went down hard, to nearly $16,300 right after hitting $19,500.
2020-12-2 18:30 | |
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Bloomberg ETF analyst James Seyffart believes the next phase of adoption for crypto exchange-traded funds (ETFs) will be driven by financial advisers, wirehouses, and brokers managing assets for high-net-worth individuals.
Bolivia has authorized its state-run energy company, YPFB, to use crypto for fuel imports as the country struggles with a worsening dollar shortage and fuel crisis. The government approved the move to sustain fuel subsidies and secure essential energy supplies amid declining foreign currency reserves.
The amount of Bitcoin (BTC) held by public corporations reached 592,112 BTC in 2024, according to Bitcoin Treasuries data. Bitwise head of research Ryan Rasmussen highlighted that the number is twice as much Bitcoin as institutions accumulated in the previous five years combined.
Binance, the world’s largest crypto exchange, secured its first institutional investment with a $2 billion backing from Abu Dhabi-based investment giant MGX. The deal, announced on March 12, marks the largest investment ever received by a crypto company and the most significant transaction conducted entirely in stablecoins.
Crypto exchange Kraken, legally known as Payward Inc. , is preparing for an initial public offering (IPO) in early 2026. The company cites a more favorable regulatory environment under President Donald Trump, marking a significant shift from the constant regulatory hurdles the exchange suffered under the Biden administration.
Recent on-chain data indicates that Bitcoin (BTC) whales have shifted from a prolonged distribution period to renewed accumulation and that the stablecoin supply on Binance is increasing; both metrics suggest good momentum for BTC.
Bitcoin has encountered significant volatility, with market factors and geopolitical events making it difficult to predict where its price might settle, according to Standard Chartered head of digital assets Geoffrey Kendrick Kendrick highlighted that the recent sharp decline in Nasdaq futures and Bitcoin prices may signal a bottoming out, but geopolitical uncertainty continues to apply […] The post Bitcoin faces continued downside risk amid geopolitical uncertainty – StanChart appeared first on CryptoSlate.