Trade News

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  Gold and Bitcoin are gradually becoming more closely correlated in conservative investment strategies.

  2024-03-07 Trade News

  Market trends suggest that investors are turning to gold and bitcoin as a, well, hedge against uncertain global conditions. Both gold and Bitcoin (BTC) soared to record highs during a high-profile financial event, signaling a shift in investor sentiment that appears to depart from traditional expectations related to monetary policy…

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  Biden Administration Suspends Notorious Bitcoin Mining Investigation Over Strong Legal Objections

  2024-03-04 Trade News

  The U.S. Energy Information Administration (EIA) has agreed to destroy data collected to date as part of an agreement to end a lawsuit filed by several industry participants, including Riot Platforms and the Texas Blockchain Council. The U.S. Energy Information Administration (EIA) has agreed to halt an urgent investigation into…

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  The UK Can Now Confiscate Your Bitcoin

  2024-03-04 Trade News

  Summary: -U.K. authorities have approved legislation that gives them the legal power to officially confiscate bitcoins. -The bill grants law enforcement agencies the power to freeze digital assets for up to 90 days. -The move reflects the market's urgent need for compliance and due diligence. UK authorities recently approved a…

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  Is it cottage-coin season yet? Glassnode data tells you the answer.

  2024-03-04 Trade News

  Below is the information on whether or not the current VC season is underway, as shown by the "VC Season Indicator" from Glassnode, an on-chain analytics company. Altseason Indicator on the Season of the Cottage Coin In its latest weekly report, Glassnode discusses the recent state of cottage season in…

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  Hungary Releases Draft Digital Assets, Allows Banks to Offer Cryptocurrency Services

  2024-03-03 Trade News

  The bill aims to create a comprehensive regulatory framework for digital assets. According to a March 1 report on Bloomberg Law's website, Hungary is moving forward with a legislative proposal that would enable banks, investment funds and asset managers to offer bitcoin and other cryptocurrency services.Bitcoin Miner The move marks…

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  Bitcoin Price to Hit $200,000 by End of 2025 as Demand Continues to Outpace Supply: Standard Chartered Executive

  2024-03-03 Trade News

  Kendrick believes that multiple catalysts will drive demand for bitcoin to unprecedented levels, leading to a rally that will last for two years. Kendrick made this observation in a Feb. 29 interview with CNBC. He said that both macro and fundamental indicators suggest that bitcoin will experience a sustained rally.Bitcoin…

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  BlackRock Launches Bitcoin Spot ETF in Brazil, ETF Market Accounts for 4% of Total Bitcoin Supply

  2024-03-03 Trade News

  BlackRock, the world's largest asset manager, announced Thursday the launch of the iShares Bitcoin Trust ETF (IBIT39) in Brazil. Beginning March 1, shares of the index fund, which tracks the spot price of bitcoin (BTC), will be traded on the Brazilian Commodity and Futures Exchange, known as B3.Bitcoin Miner BlackRock…

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  Position Shift? Donald Trump Says He Can Accept Bitcoin

  2024-02-25 Trade News

  Despite the growing adoption and utility of Bitcoin, the former U.S. president insists he has and will always prefer one currency: the U.S. dollar (USD). Former U.S. President and upcoming election candidate Donald Trump has done a 180-degree turn in his stance on Bitcoin, saying he can live with it.Bitcoin…

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  Satoshi Nakamoto Email Adds Some Details to the Legend of Bitcoin’s Origins

  2024-02-25 Trade News

  These emails were shared as evidence by early Bitcoin contributor Martii Malmi as part of his testimony in the Cryptocurrency Open Patent Alliance (COPA) v. Craig Wright trial. Private email correspondence between anonymous Bitcoin creator Satoshi Nakamoto and Martii Malmi, an early contributor to the project, further reveals the origin…

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  Shades of Gray: Ether Dencun Upgrade Pushes Prices Higher

  2024-02-25 Trade News

  Despite the impending approval of the spot ethereum ETF, Grayscale experts believe the reason behind the recent price increase is an upcoming technical improvement. Grayscale research analyst William Ogden Moore said in a Feb. 23 report that Ethernet's Dencun upgrade likely triggered the rise in ethereum ( ETH ) prices.…

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