Author
571 posts
Bena Ilyas
Latest Articles
Fed Rate Cuts This Year Might Disappoint Bitcoin Bulls, Analysts Warn
By Bena Ilyas
• 3 mins read
“A September rate cut driven purely by inflation concerns could offer a short-term bullish spark for Bitcoin,” says Markus Thielen, founder of 10x Research.
Ethereum to Hit $8,000 but Sell-Off Likely First, Analyst Says
By Bena Ilyas
• 2 mins read
Analyst Bluntz predicts Ethereum must reach $2,800 and complete an ABC corrective pattern before a significant upswing to $8,000.
Bitcoin Cools after Q1 Speculative Frenzy, Bull Run Possible
By Bena Ilyas
• 2 mins read
In January 2024, the crypto speculation index surged to nearly 60%, signaling intense altcoin speculation. However, it has since dropped below 10%, indicating a potential return to Bitcoin dominance.
UK SRA Warns of Email Scam Demanding Bitcoin from Fake Lawyers
By Bena Ilyas
• 2 mins read
The Solicitors Regulation Authority (SRA) warns that emails from “@attwaters.co” are fake. Genuine emails from these firms use “@attwaters.co.uk” or “@attwatersjamesonhill.co.uk”.
Spot Bitcoin ETFs See 4th Consecutive Days of Inflow Streak, Reaching $147M Yesterday
By Bena Ilyas
• 3 mins read
Despite the positive inflows, the overall trading volume on spot Bitcoin ETFs remains considerably lower compared to the peak in March and April 2024, when daily volumes surpassed $12 billion.
Taiwan Set to Test CBDC by Year-End, Says Official
By Bena Ilyas
• 2 mins read
Although an official CBDC pilot or issuance date remains unconfirmed, there are indications of a possible trial run later this year.
Bitcoin Miners Become Key Partners in Building AI Data Centers, Says Bernstein
By Bena Ilyas
• 2 mins read
Analysts says Bitcoin data centers are perfect for retrofitting due to their high power density racks, cooling infrastructure, and general data center operating capabilities.
Spot Bitcoin ETFs See 3rd Consecutive Days of Inflow Streak, Reaching $216M Yesterday
By Bena Ilyas
• 3 mins read
The influx of capital into spot Bitcoin ETFs seemingly coincided with a positive price movement for the underlying asset. Bitcoin rose 2.70% in the past 24 hours.
Bitcoin Mining Difficulty Plummets 7.8% in Largest Drop since FTX Collapse
By Bena Ilyas
• 2 mins read
Reducing mining difficulty leads to a decline in the network’s overall hashing power. This change can benefit smaller miners, who will face less competition and potentially return to profitability.
Australia’s ASX to Welcome Second Bitcoin ETF with DigitalX Launch
By Bena Ilyas
• 2 mins read
Lisa Wade, CEO of DigitalX, believes the launch of their Bitcoin ETF “will attract new entrants into the market and ultimately allow institutions to include Bitcoin and digital assets into strategic asset allocations”.