Bitcoin’s 280% surge from cycle lows mirrors previous bull cycles
Quick Take Since bottoming out around $15,500 in November 2022, Bitcoin’s performance has been on a consistently upward trajectory. This...
Month: May 2024
Grayscale Withdraws Ethereum ETF Proposal Amid Skepticism Over SEC Approval
Grayscale has retracted its application to list its ethereum trust, known as ETHE, as detailed in a filing with the...
Mixed Fortunes for US Bitcoin Funds as GBTC Losses Offset Other Gains
Following two days of positive inflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline, with $15.7 million exiting on...
Most FTX Creditors to Receive Over 100% Repayment, Court Document Shows
FTX is poised to repay nearly all its account holders fully, according to a reorganization plan presented in court. The...
Bitcoin Technical Analysis: BTC Faces Growing Uncertainty Amidst Market Fluctuations
As of May 8, 2024, bitcoin’s price is coasting along at $62,378, experiencing a 24-hour intraday range from $62,096 to...
Hut 8’s Bitcoin Mining Output Drops 36% to 148 BTC in April
North American bitcoin miner, Hut 8, said it mined 148 bitcoins, or 36% coins less in April than it did...
GoMining Secures Bitscale Capital Backing to Accelerate Its NFT-Based Bitcoin Mining Operation
PRESS RELEASE. British Virgin Islands / Wednesday / GoMining, the infrastructure company easing access to Bitcoin mining with its Liquid...
On-Chain Analyst Willy Woo Says Bitcoin Setting Up To Potentially Reach ‘Escape Velocity’ – Here’s Why
On-chain analyst Willy Woo thinks Bitcoin (BTC) could be primed to surge in price. Woo tells his 1.1 million followers...
Whale Conviction Dwindling? Analytics Firm Looks at Accumulation Activity of Large Bitcoin Holders Following Dip
Analytics firm IntoTheBlock is issuing an alert, saying that deep-pocketed Bitcoin (BTC) investors are starting to flash signs of exhaustion....
CFTC Chair Says ‘Another Cycle of Enforcement Actions’ Coming As Crypto Enters New Phase of Asset Appreciation
The chairperson of the U.S. Commodity Futures Trading Commission (CFTC) Rostin Behnam is warning that the crypto industry is likely...
SEC calls Ripple’s proposed stablecoin an ‘unregistered crypto asset’
Emmer slams Gensler for ‘inconsistency, incompetence’ over SAB 121 Politics 11 hours ago The issue at hand, known as Staff...
Bitcoin ETFs in the US see $15.7 million in outflows
Quick Take US Bitcoin ETFs saw an outflow of $15.7 million on May 7, marking the first day of outflows...
FTX’s bankruptcy plan offers over 100% recovery for creditors, faces mixed reactions
The bankrupt FTX estate has unveiled a new reorganization plan that promises substantial returns to its creditors. FTX creditors with...
Worldcoin CEO Met With Argentine Government Officials Amidst Ongoing Probes
Alex Blania, CEO of Tools For Humanity, the company behind Worldcoin, recently traveled to Argentina and met with high-profile officials...
Australian Tax Office Seeks Personal, Transaction Details from 1.2 Million Cryptocurrency Users
The Australian Tax Office reportedly has requested that cryptocurrency exchanges share both personal and transaction details of as many as...
