After huge demand for the spot Bitcoin ETF in the first two months of launch, Wall Street players like ProShares are coming up with new versions of this investment product.
While the Bitcoin investment products registered strong inflows, the Ethereum products registered their fourht consecutive week of outflows.
Max Keiser, who dubs himself as the High Priest of Bitcoin, has launched a scathing criticism against Javier Milei, the libertarian President of Argentina, for his recent move to regulate BTC in the country.
Crypto.com plans to launch retail trading in South Korea on April 29th in order to replace its previously acquired local exchange OK-BIT’s services. The company faces regulatory hurdles but eyeing South Korea’s active crypto market amidst stiff competition.
This sudden bearish momentum has prompted analysts to reassess their predictions and shed light on what might be next for these digital assets.
Historically, past Bitcoin halving events have proved to be bullish for the Bitcoin price, with analysts expecting a rally to $200,000.
While historical data and current market sentiments suggest that BTC will likely rally after the halving event, other analysts have cautioned inventors against relying on past performance to forecast future price movements.
With this feature, users can now search for three Bitcoin address formats, P2PKH, P2SH, and Bech32, and promptly access the current balances and recent transactions linked to those addresses.
The event scheduled quarterly comes at a time when the crypto market is experiencing a notable rally. In particular, BTC is hovering around $70,000, showing robust momentum with a 24-hour trading volume of $30.8 billion
Runes’ functionality is based on the concept of runestones, which are protocol messages saved in Bitcoin transaction outputs.
Major institutional investors, such as BlackRock and ARK 21Shares, have invested $323 million and $200 million, respectively, signaling their confidence in BTC Exchange-Traded Funds (ETFs)
The report shows that the Singapore investors involved in cryptocurrency are becoming more clear and confident about their investment strategies.
Hashoni cautioned that the high buying activity from large wallets could potentially lead to a pullback, as whales require sell pressure to accumulate more Bitcoin.
OrdinalsBot’s primary mission includes streamlining the inscription-minting process for non-fungible token (NFT) collectors and artists.
Wall Street funding of public Bitcoin mining companies has affected the incentive structure behind mining activities.