#bitcoin

Binance Research recently released its latest report, and it maps the landscape of Bitcoin Ordinals, revealing an ecosystem—from DeFi and NFTs to tooling. The report explicitly points to the fact that inscriptions and BRC-20 tokens have played a significantly important role in catalyzing activity within the Bitcoin ecosystem over the past year. These innovations have not […]

Binance Research recently released its latest report, and it maps the landscape of Bitcoin Ordinals, revealing an ecosystem—from DeFi and NFTs to tooling. The report explicitly points to the fact that inscriptions and BRC-20 tokens have played a significantly important role in catalyzing activity within the Bitcoin ecosystem over the past year. These innovations have not […]

Bitcoin acts more as a safe-haven asset and an asset for investors to pursue high-quality assets in economic uncertainty. The ARK Invest CEO has been expecting this trend to continue, especially with the ease with which investors can now trade Bitcoin using spot Bitcoin ETFs. According to the CEO of ARK Invest, here is what […]

Coinbase analysts said downward pressure on Bitcoin has significantly diminished as the FTX bankruptcy estate finished selling off its large Grayscale Bitcoin Trust (GBTC) holdings. This development could support Bitcoin and other digital tokens in the second quarter 2024. The prospect of Fed monetary easing beginning in May and an end-to-balance sheet reduction in June […]

Terraform Labs, the developer behind the Terra blockchain ecosystem, said its recent Chapter 11 bankruptcy filing will enable it to pursue a “do-or-die” appeal in a securities fraud case brought by the United States Securities and Exchange Commission (SEC). In a Jan. 30 filing to a Delaware Bankruptcy Court, Terraform Labs CEO Chris Amani highlighted […]

Bitcoin-based cross-chain decentralized exchange and wallet Portal raised $34 million in a seed funding round. Investors in the round included OKX Ventures, Arrington Capital, Coinbase Ventures, and Gate.io, the company announced on Jan. 30.  Portal co-founder and CEO Chandra Duggirala said the funding round comprised a combination of a simple agreement for future equity (SAFE) […]

According to Bitcoin Magazine, Google has updated its policy to allow cryptocurrency trust products to be advertised in the United States. Google search pages now feature ads for Bitcoin spot ETFs from issuers such as BlackRock, VanEck, and Franklin Templeton. Google recently revised its advertising guidelines, allowing cryptocurrency trusts to promote their products. This includes […]

Coinbase’s share price has had ups and downs lately because of a court case with the SEC. The SEC says Coinbase broke investment rules about listing new things to buy. Analyst Owen Lau from Oppenheimer Bank thinks the unclear court case may keep causing Coinbase’s share price to change significantly. In an interview with Yahoo […]

Bitcoin price has fallen since Bitcoin ETFs were approved. This week, we assess the claims behind fear, uncertainty, and doubt (FUD), pointing to the Grayscale Bitcoin ETF. We analyze aggregate ETF flows while considering the increased holdings by BTC whales and underreported factors possibly dragging the market. Since the launch of spot ETFs, market observers […]