#bitcoin

JPMorgan CEO Dimon Urges Delay in Rate Cuts, Supports Bitcoin Investment
Bitcoin

JPMorgan CEO Dimon Urges Delay in Rate Cuts, Supports Bitcoin Investment

Jamie Dimon, JPMorgan Chase CEO, again sparked heated discussions in the world financial sector by comparing Bitcoin to smoking. Speaking at the Australian Financial Review business summit, Dimon reaffirmed his long-held doubts about the digital currency by linking it to a list of illegal activities such as sex trafficking, fraud, and terrorism. Although he admitted […]

Mar. 13, 2024
Bitcoin (BTC) Poised for $172,500 Surge, Analyst Predicts
Bitcoin

Bitcoin (BTC) Poised for $172,500 Surge, Analyst Predicts

In the realm of crypto predictions, Technical Analyst Titan of Crypto has emerged with a forecast that has caught the attention of enthusiasts. With Bitcoin (BTC) continuing to dominate the digital currency landscape, speculation surrounding its future trajectory remains a topic of genuine discussion. #Bitcoin Cycle Top Prediction. 🎯🚀 đź”– You might want to bookmark this […]

Mar. 6, 2024
Stanford’s Blyth Fund Invests 7% Portfolio in Bitcoin
Bitcoin

Stanford’s Blyth Fund Invests 7% Portfolio in Bitcoin

Stanford University’s student-run Blyth Fund has made a major investment in Bitcoin, allocating almost 7% of its portfolio to Bitcoin. Kole Lee, a Computer Science Major and a prominent figure in the Stanford Blockchain Club announced the decision on March 5. This followed his compelling pitch to the fund in February. Stanford Endowment has bought […]

Mar. 5, 2024
Grayscale’s Bitcoin Holdings Witnesses 33% Drop Since ETF Conversion
Bitcoin

Grayscale’s Bitcoin Holdings Witnesses 33% Drop Since ETF Conversion

Grayscale, the world’s largest crypto asset manager, has witnessed a significant decline in its Bitcoin (BTC) holdings since converting its Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund (ETF) in mid-January.  According to BitMEX Research data shared on Tuesday, GBTC saw its 36th day of straight outflows on March 4, with 5,450 BTC or $368 […]

Mar. 5, 2024
Solana Climbs 18% to Hit New Yearly High, Led by WIF Memecoin Frenzy
Solana

Solana Climbs 18% to Hit New Yearly High, Led by WIF Memecoin Frenzy

In the last 24 hours, Solana (SOL) has posted an 18.81% gain, rising rapidly from $108 to reach a new yearly high of $131.10 at the time of publication. The latest surge is attributed to a wave of purchases of the Solana-based memecoin Dogwifhat (WIF). The memecoin, featuring an image of a Solana developer’s dog […]

Feb. 29, 2024
Bitcoin L2 Tokens Surge as BTC Hits 25-Month High
Bitcoin

Bitcoin L2 Tokens Surge as BTC Hits 25-Month High

Bitcoin layer-2 network tokens saw a significant surge on Monday, outperforming the broader cryptocurrency market. This surprising turn of events even overshadowed Bitcoin, which reached its 25-month high during the same period. Layer-2 Tokens Lead Surge Leading the charge were layer-2 network tokens such as Stacks (STX) and RSK Infrastructure Framework (RIF), saw double-digit increases […]

Feb. 27, 2024
Grayscale’s Spot Bitcoin ETF Sees Record Low Outflows of $22M
Bitcoin

Grayscale’s Spot Bitcoin ETF Sees Record Low Outflows of $22M

On Feb. 26, Grayscale’s spot Bitcoin (BTC) exchange-traded fund (ETF) experienced its third consecutive trading day of declining net outflows, reaching a record low of $22.4 million. According to data from Farside Investor, GBTC had three back-to-back days of slowing net outflows on Feb. 22, 23, and 26.  The week concluded on Feb. 23 with […]

Feb. 27, 2024
Bitcoin Rally Above $57K Causes Spike in Short Liquidations
Bitcoin

Bitcoin Rally Above $57K Causes Spike in Short Liquidations

Bitcoin (BTC), the world’s largest cryptocurrency by market cap, surged to a two-year high of over $57,000 as spot BTC ETF trading volume increased. As of writing, Bitcoin noted an upswing of 10.73% over the past 24 hours and is currently trading at $56,824. The price rally led to a substantial liquidation of short positions […]

Feb. 27, 2024
Bitcoin Liquidity Soars Amidst Record $2.45B Inflows: Kaiko
Bitcoin

Bitcoin Liquidity Soars Amidst Record $2.45B Inflows: Kaiko

Bitcoin’s recent price rally has not only gripped the attention of investors globally but also rekindled liquidity in the cryptocurrency space. According to Kaiko’s latest report, Bitcoin ETFs received record weekly inflows amounting to a whopping $2.45 billion. This injection of funds increased Bitcoin’s market capitalization to over one trillion dollars for the first time since […]

Feb. 21, 2024