Category: Bitcoin
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U.S. Spot Bitcoin ETFs See Record $287 Million in Outflows, Except BlackRock
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US exchange-traded funds saw a massive outflow of funds, with $287.8 million withdrawn from listed ETFs yesterday, marking the largest single-day outflow since May 1, according to data from Farside Investors. RevealsAccording to Arcam data, the only ETF that did not see withdrawals was BlackRock, which reported no outflows. Eight…
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Stock Market’s $1.05 Trillion Wipeout Puts To Test Bitcoin Stability
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In a single day, the U.S. stock market lost $1.05 trillion. The drop represents one of the largest one-day declines in recent times, and reflects a combination of disappointing economic data and massive corporate conflicts. It is understandable that investors are concerned because this decline raises some disturbing questions about…
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Stock Market’s $1.05 Trillion Wipeout Puts To Test Bitcoin Stability
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In a single day, the U.S. stock market lost $1.05 trillion. The drop represents one of the largest one-day declines in recent times, and reflects a combination of disappointing economic data and massive corporate conflicts. It is understandable that investors are concerned because this decline raises some disturbing questions about…
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Expert Predicts How High Bitcoin Will Rise In The Next 10 Years
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This article is also available in Spanish. Over the past seven months, Bitcoin has been in a range between $73,777 and $49,000, leading to a significant drop in market sentiment. In a new analysis published via X, Will Clemente III, co-founder of Reflexivity Research, said, Titles The prevailing sense of…
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Bitcoin Active Addresses Decline Sharply As Market Volatility Intensifies
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Bitcoin investors Cryptocurrencies appear to be showing a cautious approach as evidenced by the recent significant drop in the number of active BTC addresses, indicating a decline in on-chain activity as market instability continues. Bitcoin sees decline in active addresses Kyle Dobbs, market expert and host of Crypto Banter, subscriber…
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Switzerland’s Fourth Largest Bank ZKB Launches Bitcoin Trading
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Zürcher Kantonalbank (ZKB), the fourth largest bank in Switzerland, I started presenting ZKB offers its clients Bitcoin and cryptocurrency trading and custody services. With over $290 billion in assets under management, ZKB serves individual, corporate and institutional clients. Urgent: Launch of the $290 billion Zurich Cantonal Bank #Bitcoin And encrypted…
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Bitcoin Might Not Benefit From Federal Reserve Rate Cuts, Former BitMEX CEO Explains Why
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Arthur Hayes, co-founder and former CEO of cryptocurrency exchange BitMEX, recently took to X Explains Why he believes that the expected interest rate cuts by the US Federal Reserve may not have the expected impact on the price of Bitcoin. Lowering interest rates is not a magic solution to Bitcoin’s…
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Why The DNC Doesn’t Care About Bitcoin
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Two weeks ago I attended the Democratic National Convention. The main reason I did so was to try to encourage impartiality in our coverage of politics regarding the election and Bitcoin here at Bitcoin Magazine. Earlier this year we were invited to the Republican National Convention at the last minute,…
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Critical Bitcoin Indicator: Analyst Foresees Major 75% Correction Ahead
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Bitcoin price failed to break out of its current downtrend after losing the $60,000 level this week, trading as low as $57,790 on Tuesday. However, one indicator points to further price corrections for the largest cryptocurrency in the market that could push the coin below its current levels. Bitcoin faces…
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Bitcoin Price Drops As Stocks Lose $1 Trillion In Market Value
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The past trading session saw a turbulent turn of events in financial markets, with the global equity landscape losing more than $1 trillion in market value. The stunning decline was largely driven by massive sell-offs in large-cap technology stocks, including industry giants like Nvidia (NVDA), which alone lost $360 billion…
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Bitcoin Price Drops As Stocks Lose $1 Trillion In Market Value
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The past trading session saw a turbulent turn of events in financial markets, with the global equity landscape losing more than $1 trillion in market value. The stunning decline was largely driven by massive sell-offs in large-cap technology stocks, including industry giants like Nvidia (NVDA), which alone lost $360 billion…
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Bitcoin wallet linked to Terraform’s Do Kwon moved $62m
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Amid the ongoing liquidation of Terraform Labs and an extradition battle involving its founder Do Kwon, a wallet linked to both entities has successfully moved $62.8 million worth of Bitcoin. According to data from Arkham, the address associated with embattled blockchain company Terraform Labs and its arrested founder, Do Kwon,…
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Bitcoin wallet linked to Terraform’s Do Kwon moved $62m
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Amid the ongoing liquidation of Terraform Labs and an extradition battle involving its founder Do Kwon, a wallet linked to both entities has successfully moved $62.8 million worth of Bitcoin. According to data from Arkham, the address associated with embattled blockchain company Terraform Labs and its arrested founder, Do Kwon,…
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Is Bitcoin Destined for a 2016-Style Breakout? Charts Suggest A Q4 Target of $100K
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Bitcoin (BTC) is sailing through a storm of fear and uncertainty, with its recent volatile price action causing major shake-ups among traders and investors. Since August 24, Bitcoin has seen a sharp decline of over 12%, falling below the $60,000 level — a crucial psychological level that often serves as…
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FBI Warns of North Korean Hackers Targeting U.S. Bitcoin And Crypto ETFs
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Today, the FBI Issued The BBC has issued a warning that North Korean hackers are targeting cryptocurrency exchange-traded funds (ETFs) in the United States in an attempt to steal digital assets. The FBI said the hackers are using advanced social engineering techniques to breach the security of companies associated with…
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FBI Warns of North Korean Hackers Targeting U.S. Bitcoin And Crypto ETFs
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Today, the FBI Issued The BBC has issued a warning that North Korean hackers are targeting cryptocurrency exchange-traded funds (ETFs) in the United States in an attempt to steal digital assets. The FBI said the hackers are using advanced social engineering techniques to breach the security of companies associated with…
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Bitcoin, XRP See Declining Whale Activity: What It Means
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This article is also available in Spanish. On-chain data shows that Bitcoin, XRP, and other leading cryptocurrencies have seen significantly less whale activity recently compared to earlier in the year. Bitcoin and XRP are among the assets seeing a decline in whale transactions In new mail In X, on-chain analytics…
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Bitcoin, XRP See Declining Whale Activity: What It Means
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This article is also available in Spanish. On-chain data shows that Bitcoin, XRP, and other leading cryptocurrencies have seen significantly less whale activity recently compared to earlier in the year. Bitcoin and XRP are among the assets seeing a decline in whale transactions In new mail In X, on-chain analytics…
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Relai’s Bitcoin Mission: Bringing Europeans the Orange Coin Despite the Red Tape
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Company Name: Follow up Founders: Julian Linniger and Adam Pelican Date of establishment: July 2020 Headquarter Location: Zurich, Switzerland Amount of Bitcoin in the vault: One third of the relay treasury Number of employees: 30 Website: https://relai.app/ Public or private? private Julian Linniger is looking to give more Europeans exposure…
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Relai’s Bitcoin Mission: Bringing Europeans the Orange Coin Despite the Red Tape
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Company Name: Follow up Founders: Julian Linniger and Adam Pelican Date of establishment: July 2020 Headquarter Location: Zurich, Switzerland Amount of Bitcoin in the vault: One third of the relay treasury Number of employees: 30 Website: https://relai.app/ Public or private? private Julian Linniger is looking to give more Europeans exposure…