Tag: Bitcoin
Dollar Cost Averaging in Crypto: What Is It? An Overview of DCA
Dollar Cost Averaging (DCA): What Is It? In conventional finance, dollar-cost averaging (DCA) is an investing strategy intended to reduce volatility when purchasing a sizable financial asset or instrument block….
Spot Bitcoin ETFs: What Are They?
However, what are Bitcoin ETFs that are spot and how do they operate? You can get the answers to these and many other questions about this issue by carefully reading…
Introduces Arbitrum to Tokenized Money Market Fund
Franklin Templeton, a prominent figure in asset management, has partnered with Arbitrum Foundation to introduce the Franklin OnChain US Government Money Fund (FOBXX). The partnership represents increasing institutional interest in…
“The MicroStrategy of Asia” ¥1 billion loan secured by Metaplanet to purchase more Bitcoin
Today, the publicly traded Japanese business Metaplanet—often likened to MicroStrategy—announced that it had obtained a one billion yen loan. The company’s most recent Board of Directors meeting approved the decision…
A 0.25% rate cut by the Bank of England could lead to a bitcoin breakout
The Bank of England announced the interest rate reduction in an August 1st X post. The main cause of the easing was inflation, which over the previous year drastically decreased…
With the help of Morgan Stanley and a GPU pilot, bitcoin miner IREN is stepping into AI
According to its July 23 Analyst & Investor Day presentation, bitcoin miner IREN (previously known as Iris Energy) is the newest cryptocurrency mining business hoping to capitalize on the artificial…
Franklin Templeton contributes $300 million to Bitlayer’s Bitcoin infrastructure
Bitlayer, a Bitcoin layer-2 network, has raised a total of $16 million, including $11 million in its Series A investment round, according to a statement shared with CryptoSlate on July…
Bulls in bitcoin aim for $72K following a 5-week high in the premium of BTC futures
On July 22, the price of Bitcoin (BTC) tickers down $66,860 reached an intraday peak of $68,518—its highest level in forty days. The 19.4% increases in ten days were driven…
July saw a very active inflow of Bitcoin ETFs, with over $41,000 BTC accumulated
According to HODL15Capital, as of July 21, the number of Bitcoin ETF purchases in the United States had surpassed 41,158 coins. July saw record inflows into Bitcoin ETFs Bitcoin ETF…
Bitcoin hits a local low among signs of impending upswing in price: CryptoQuant
Analysts at CryptoQuant claim that after rising to a high of nearly $66,000 earlier this week, the price of bitcoin appears to have bottomed out. According to Thursday’s CryptoQuant Weekly…
Set to stack more Bitcoin in the midst of “overestimated” FUD on Mt. Gox: Analyst
According to Ki Young Ju, CEO of CryptoQuant, the effect of Mt. Gox’s repayments on Bitcoin is currently being overstated and will probably be used by whales to purchase more…
315,678% Increase in Bitcoin Price Since 2013!
According to recent reports from Fox Business, the price of Bitcoin has soared to an unprecedented 315,678% since 2013, making it the asset with the best performance among all other…
After a UK verdict, Craig Wright was compelled to post that he is not the real Satoshi Nakamoto, the creator of Bitcoin
A judge has ordered Australian computer scientist Craig Wright to acknowledge that he is not Satoshi Nakamoto, despite his years-long denials. According to a court document posted on Tuesday, UK…
During the decline in price, Bitcoin whales purchased $4.3 billion worth of Bitcoin
During the month-long decline in the cryptocurrency market, Bitcoin whales profited greatly, amassing 71,000 Bitcoin at the quickest rate of stacking since April 2023. A significant portion of the $62,596…
Analyst: This bull cycle, the price of bitcoin will reach $330,000
Arsen, an independent market expert, is undaunted by the recent decline in the price of Bitcoin and believes that the current bull cycle will see a massive rise to $330,000….
Bitcoin fails twice to cross $60K, the index plunges into “extreme fear”
The market’s perception of Bitcoin and other cryptocurrencies is tracked by the Crypto Fear and Greed Index, which has dropped to “extreme fear,” the lowest level since January of last…
As US inflation declines, a number of tailwinds might propel bitcoin beyond $100,000 this year
Long-term investors have an opportunity with the current slump in the cryptocurrency market, which has strong tailwinds that might push Bitcoin to $100,000 by year’s end. Matt Hougan, the chief…
$441 million in digital asset inflows led by Bitcoin’s weakness
According to a recent CoinShares analysis, there was a $441 million market buying opportunity for digital asset investment products over the previous week. The July 8 report also showed that…
Drop in Bitcoin Mining Difficulty Signals an Impending Bottom in BTC Price
It appears that the recent difficulties faced by Bitcoin miners could be a sign of strength for the cryptocurrency’s price. According to Hashrate Index, Bitcoin’s overall hash rate has decreased…
Ledger Ventures and angel investors contribute $1.6 million to the hybrid Layer 2 project BOB
Ledger Ventures led a strategic investment round of $1.6 million for BOB (Build on Bitcoin), a hybrid Layer 2 project powered by both Bitcoin and Ethereum, with additional contributions from…