Advertise here Riot Platforms and Bitfarms have resolved their dispute following a settlement agreement detailed in a joint announcement on Sept. 23, 2024. The agreement, which was filed with the U.S. Securities and Exchange Commission (SEC), comes ahead of Bitfarms’…
Tag: Bitcoin
Spot Bitcoin ETFs See Second Day of Inflows, Adding Nearly $117M
The spot bitcoin exchange-traded funds (ETFs) posted gains on Tuesday, marking their second consecutive day of inflows. Spot ether ETFs also performed well, amassing $11.44 million during the trading session. Spot Bitcoin and Ether ETFs See Gains as Market Inflows…
Why Is Ethereum (ETH) Losing Ground To Bitcoin? Key Report Explains ETH Struggles
Este artículo también está disponible en español. Ethereum (ETH) is currently facing significant selling pressure and fear after a 23% decline, bringing its price down to yearly lows at $2,200. One major concern for investors is the ongoing underperformance of…
September Crypto Crash Wipes Out $170B, Bitcoin and Ethereum Take the Biggest Hit
Between Sept. 1 and Sept. 7, 2024, the crypto market took a notable hit, shedding $170 billion in value. Bitcoin and ethereum were the main drivers of this downturn, responsible for 78.82% of the week’s losses. These two heavyweights saw…
US Bitcoin ETFs See $71.73M in Outflows as 5 Funds Take a Hit
On Thursday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) experienced $71.73 million in outflows, with reductions seen across five distinct funds. Notably, Grayscale’s ETHE led the spot ether ETFs, which faced $1.77 million in outflows, by losing $5.35 million.…
A Bitcoin Game Changer, Says Hedge Fund CIO
Travis Kling, the founder and Chief Investment Officer of Ikigai Asset Management, is proposing a direct link between the US presidential election outcomes and the Bitcoin price. Via X, Kling delves into the political dynamics and their perceived implications for…
7 Indicted in $300,000 Queens Bitcoin Theft, Say Prosecutors
Seven individuals have been indicted for stealing over $300,000 in bitcoin from a Queens resident. The charges against them include grand larceny, money laundering, and identity theft, stemming from a lengthy investigation into a cryptocurrency wallet hack. Using advanced hacking…
Is Bitcoin Headed For A Rally Or Ruin? This Key Price Point Could Decide
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including…
Capula Management Invests $464 Million in Bitcoin ETFs, Signaling Institutional Interest
Capula Management, one of the largest hedge funds in Europe with assets under management (AUM) of approximately $118 billion, has made a significant move in the cryptocurrency market by investing $464 million in spot Bitcoin exchange-traded funds (ETFs). This substantial…
Financial Analyst States Bitcoin Is ‘Not a Hedge Against Anything’
Jacob King, a financial analyst at Whalewire, has stated that he doesn’t consider bitcoin a hedge “against anything.” King stressed that “crypto itself was entirely propped up by stable coin fraud. I warned it would crumble like paper when it…