In this section you will find all news, analysis and forecasts related to bitcoin.
The price of Bitcoin (BTC) remained above $69,000 on March 29, 2024, despite the market experiencing the largest quarterly Bitcoin futures options expiry event in history. According to the global head of derivatives trading at Bybit exchange, Hao Yang, the event was…
In the Bitcoin and cryptocurrency world, on-chain analysis has carved out a niche as a revolutionary tool for understanding market dynamics. This advanced form of analytics leverages the transparency of the Bitcoin blockchain to offer insights that could potentially predict future market…
Unlike traditional assets, Bitcoin’s value isn’t anchored in physical properties or institutional backing, challenging investors to seek innovative models for its appraisal. This exploration delves into three prominent approaches to understanding Bitcoin’s worth: comparison with gold’s market cap, stock-to-flow models, and analysis…
The Essence of Time Preference Time preference is a concept deeply ingrained in human behavior and decision-making. It’s about how individuals value present rewards over future gains, a principle vividly illustrated in the Marshmallow Experiment of 1972. This study revealed how the…
The cryptocurrency world, especially Bitcoin, is one where sentiment significantly influences market dynamics. With Bitcoin’s value plummeting by more than 50% from its May 2021 all-time highs, the crypto community is abuzz with speculations of entering a bear market, characterized by declining…
The Rise of Bitcoin Maximalism In the diverse world of cryptocurrency, Bitcoin Maximalism stands out as a fervent ideology, championing the supremacy of Bitcoin as the ultimate decentralized digital currency. This belief system argues that Bitcoin, with its pioneering blockchain technology and…
In January 2024, the long-awaited approval of Bitcoin spot Exchange-Traded Funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) marked a watershed moment for cryptocurrency investment. This move has opened the gates for a broad spectrum of investors to engage with…
As crypto assets establish strong recovery days ahead of the 2024 Bitcoin halving, the key industry players are optimistic that their investment will generate considerable gains. The strong upward trajectory of Bitcoin demonstrates that the entire BTC ecosystem will blossom. A statement…
With the ongoing development of crypto El Salvador president Nayib Bukele confirmed that his administration moved a measurable amount of Bitcoin assets to cold wallets. These Bitcoin holdings will remain locked in a vault. On X the pro Bitcoin president demonstrated that…
In a February 27 report, the American-based crypto-miner Hut 8 officially launched the construction of a new mining facility in Culberson, Texas. The Hut 8 team confirmed that the new mining site will generate 63 megawatts that will be directed toward improving…
The volatile nature of the crypto assets evoked mixed thoughts among the key industry players. On X, some of the investors expressed concerns about whether El Salvador’s Bitcoin bid will materialize. Responding to the X post, the President of El Salvador, Nayib…
The recent approval of spot Bitcoin exchange-traded funds (ETFs) by the United States Securities and Exchange Commission (SEC) marks a significant milestone in the integration of cryptocurrency into mainstream financial markets. This decision allows for the listing of Bitcoin ETFs on major…
OKX, the American-based crypto exchange, has rolled out OKX TR for Turkish users. In a February 27 report, the OKX team confirmed that the newly launched platform will consist of trading pairs with local currency. The report indicated that OKX TR will…
On Wednesday, a young crypto enthusiast revealed plans to embark on an exciting journey of climbing Mount Everest to plant an orange flag with the Bitcoin symbol. The 23-year-old Bitcoiner Dadvan Yousuf will ascend the highest mountain in the world to raise…
In its February 28 update, the famous crypto exchange in Hong Kong, Hashkey, secured a major payment license (MPI) in Singapore. The approval of the Hashkey license demonstrated the company’s commitment to comply with the regulatory requirements. News concerning the approval of…
The rise of cyber attack incidents has posed a threat to the national security of most crypto-friendly states. The damages caused by cyber attacks forced giant tech firms to collaborate and address the issue. In a recent announcement, the team behind ChatGPT…
In an official communication, the Seychell-based crypto exchange FixedFloat suffered a malicious attack that impacted the loss of a substantial amount of funds. News concerning the hacking incident was disclosed by the renowned blockchain analytics firm BlockFence. After assessing the damages caused by the…
The increased adoption of crypto assets in Latin America has obliged the financial watchdog to take decisive steps to protect the traditional financial system. In an advanced communication the Honduras National Banking and Securities Commission (CNBS) imposed restrictive measures on the involvement…
In an advanced communication, the famous crypto exchange OKX revealed plans to expand to Argentina. The OKX expansion to Argentina mirrors its ongoing efforts to broaden its market presence in Latin America. In late last year, the OKX team expanded its footprint…
On Sunday the self-proclaimed “world’s coolest dictator” Nayib Bukele announced his reelection as the president of El Salvador hours after the polls. In an X post, Bukele claimed to have won the election with 85% votes. The tweet demonstrated that if Bukele’s…
