Category: Bitcoin
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EU Regulator Considers Approving Bitcoin for UCITS Products
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The European Securities and Markets Authority (ESMA), the European Union’s financial regulatory body, is review Whether Bitcoin will be allowed into the region’s €12 trillion mutual fund market remains to be seen. JUST IN: ?? EU Securities Authority is exploring the possibility of an addition #Bitcoin And exposure to cryptocurrencies…
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Bitcoin & Ethereum Decouple From Trad Markets, What It Means
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Data suggests that Bitcoin and Ethereum have little correlation with traditional markets, implying that the cryptocurrency is determining its own fate. Bitcoin and Ethereum have been masters of their own destinies lately According to market intelligence platform data IntoTheBlockHowever, the correlation between BTC and ETH with traditional markets and commodities…
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7 Tips For Traveling With Bitcoin Keys
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Originally published on Unrestricted.com. Unbound It is the official US collaborative incubation partner of Bitcoin Magazine and the primary sponsor of related content published through Bitcoin Magazine. For more information about the services offered, custody products, and the relationship between Unchained and Bitcoin Magazine, please visit our website. Visit unchained.bitcoinmagazine.com…
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7 Tips For Traveling With Bitcoin Keys
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Originally published on Unrestricted.com. Unbound It is the official US collaborative incubation partner of Bitcoin Magazine and the primary sponsor of related content published through Bitcoin Magazine. For more information about the services offered, custody products, and the relationship between Unchained and Bitcoin Magazine, please visit our website. Visit unchained.bitcoinmagazine.com…
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Your Wealth Is Melting: Why Bitcoin Is The Deep Freeze Your Portfolio Desperately Needs
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Originally published on Unrestricted.com. Unbound It is the official US collaborative incubation partner of Bitcoin Magazine and the primary sponsor of related content published through Bitcoin Magazine. For more information about the services offered, custody products, and the relationship between Unchained and Bitcoin Magazine, please visit our website. Below is…
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Bitcoin Lightning Wallet ZEUS Isn’t Going Anywhere
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Founder: Ivan Kaludis Date of Establishment: 2019, Block 563345; It was merged in 2023 Headquarters location: No headquarters; Quite far The amount of Bitcoin held in the vault: Not disclosed Number of Employees: 2 website: https://zeusln.com/ Public or private? private On April 26, 2024, Evan Kaloudis drew a line in…
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Crypto Markets Under Pressure as $2B Worth of Altcoin Token Unlocks and $11B Bitcoin Distribution Loom
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Cryptocurrencies are still stuck in a corrective phase, but a wave of supply events worth billions of dollars could delay any real recovery. “The rapid sequence of nearly $2 billion in token unlocks over the next 10 weeks could send the altcoin market plummeting,” cryptocurrency analytics firm 10x Research noted…
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President Joe Biden Will Veto Legislation Allowing Financial Firms to Custody Bitcoin: White House
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Executive Office of US President Joe Biden Announce Its position on the proposed legislation, HJ Res. 109, would allow highly regulated financial companies to act as custodians for bitcoin and other cryptocurrencies. JUST IN: ?? US President Joe Biden’s administration says Biden will veto legislation that would allow highly regulated…
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Fundstrat CEO Predicts When Bitcoin Price Will Reach $150,000 And $500,000
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Thomas Jung Lee, the chief executive officer (CEO) of Fundstrat, an independent financial research boutique, maintained a bullish stance on Bitcoin. The financial analyst did And he expected The world’s largest cryptocurrency could rise significantly, doubling its current price to Up to $150,000 During the 2024 cryptocurrency market cycle. Bitcoin…
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Crypto Market Maker Wintermute Enters Hong Kong Bitcoin ETFs Market
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In a strategic move to capitalize on the rapidly evolving cryptocurrency landscape, global algorithmic market maker Wintermute has announced its plans to provide liquidity services for Hong Kong Bitcoin ETFs and Ethereum ETFs. This expansion into the Asian market comes as Wintermute seeks to strengthen its foothold in the region,…
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Ethereum (ETH) Capital Inflows Pales in Comparison to Bitcoin (BTC)
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During the ongoing cycle, BTC and ETH have seen increasing divergence in their respective performances. According to Glassnode results, this can be attributed to the overall trend of weaker capital turnover, especially compared to previous cycles and all-time high breakouts. Ethereum is receiving weak capital inflows In the run-up to…
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Dylan LeClair Joins “MicroStrategy of Asia” as Director of Bitcoin Strategy
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Metaplanet, a decades-old public Japanese company that provides hospitality and technology-related services, recently announced a major strategic pivot — embracing Bitcoin as a core asset for its corporate treasury. Last month, Metaplanet revealed that it had acquired over $6 million worth of Bitcoin, marking the company’s foray into digital assets.…
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The Largest Corporate Holder Of Bitcoin
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The world of cryptocurrencies has seen a plethora of fascinating developments, but MicroStrategy’s journey stands out as a shining example of the transformative power of digital assets. In a stunning turn of events, this US-based software company has amassed a stock of Bitcoin larger than those of any single country,…
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Going Bankless: Bitcoin Offers The Ultimate Financial Freedom
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It is often said that Bitcoin allows anyone to be their own bank. If you know anything about the Bitcoin ethos and the underlying technology, you’ve probably heard of this concept before. But do you know exactly how that works and why Bitcoin is more suitable as a store of…
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Investment Firm Discloses Over $1.8 Billion in Bitcoin ETF Holdings in SEC Filing
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Susquehanna International Group, LLP (SIG), a global trading, technology and investment firm, disclosed that it owns more than $1.8 billion worth of Bitcoin exchange-traded funds (ETFs) through a 13F-HR filing with the Securities and Exchange Commission (SEC). ), provides a detailed analysis of SIG’s investment portfolio. Deposit reveal The investment…
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Bitcoin Local Bottom In? Analyst Offers Insights
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In the ever-evolving world of cryptocurrency markets, identifying the bottom of a Bitcoin price correction is an endeavor that attracts the attention of both investors and analysts. Cryptocurrency analyst and trader MilkyBull joins the fray ideas On this topic, claiming that the local bottom of Bitcoin has developed due to…
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Chart Art: Will Bitcoin (BTC/USD) Extend Its Downtrend?
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Bitcoin is having trouble making new highs above the $65,000 mark! Will this extend the BTC/USD price in its weeks-long downtrend? We take a closer look at the 4-hour chart: Bitcoin (BTC/USD) for 4 hours Chart by TradingView If you’ve read our latest Daily market summary You will then learn…
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Hong Kong Bitcoin ETFs Record Only $8.5 Million Volume on First Day
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Recently approved Hong Kong spot bitcoin ETFs began trading today, but saw relatively low volume on their first day. The Hong Kong Securities and Futures Commission (SFC) approved 6 Bitcoin and Ethereum ETFs last week. New: ?? Hong Kong District Opening Ceremony #Bitcoin ETFs ? pic.twitter.com/ux1eb5PqRn – Bitcoin Magazine (@BitcoinMagazine)…
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All spot Bitcoin ETFs see inflows, analyst doubts dynamics will repeat
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All 11 Bitcoin ETFs saw inflows for the first time since their launch in January. According to Bloomberg analyst Eric Balchunas, such dynamics were recorded on May 3. However, he expressed doubts that such dynamics could happen again. For the first time ever, 1D is flowing green, and there is…