The lack of demand for spot Bitcoin exchange-traded funds (ETFs) is raising concerns about Bitcoin’s prospects for the rest of the year, even as the US government appears to be nearing the end of its 41-day shutdown. On Monday, the US Senate approved a funding package, bringing Congress one step closer to ending the shutdown. … Read more
Key points: Bitcoin tries and fails to conquer $107,000, an important local level for traders. BTC price forecasts retain the possibility of the market falling back under $100,000. Bitcoin bulls need a perfect storm to move toward all-time highs, analysis concludes. Bitcoin (BTC) eyed its new weekend futures gap on Tuesday as talk turned to a … Read more
The non-fungible token (NFT) and memecoin markets experienced modest rebounds over the past week, coinciding with a broader improvement in risk sentiment across the cryptocurrency space. On Tuesday, CoinGecko data showed the global NFT market capitalization recovered from about $3.5 billion on Nov. 5 to $3.9 billion at the time of writing, an almost 12% … Read more
The non-fungible token (NFT) and memecoin markets experienced modest rebounds over the past week, coinciding with a broader improvement in risk sentiment across the cryptocurrency space. On Tuesday, CoinGecko data shows the global NFT market capitalization recovered from roughly $3.5 billion on Nov. 5 to $3.9 billion at the time of writing, a nearly 12% … Read more
Nasdaq-listed Bitcoin mining company CleanSpark is raising capital to expand its mining and data center operations, as major miners pivot toward artificial intelligence (AI) infrastructure. CleanSpark announced a $1.15 billion senior convertible note offering on Tuesday, aiming to raise more capital to expand its Bitcoin (BTC) mining operations. The miner estimates it will raise about … Read more
Brazil’s central bank has finalized rules that bring crypto companies under banking-style oversight, classifying stablecoin transactions and certain self-custody wallet transfers as foreign-exchange operations. Under Resolutions 519, 520 and 521, published Monday, the Banco Central do Brasil (BCB) established operational standards and authorization procedures for what it calls Sociedades Prestadoras de Serviços de Ativos Virtuais … Read more
Institutional investors are maintaining confidence in digital assets despite a sharp market correction in October, with most planning to expand their exposure in the months ahead, according to new research. Over 61% of institutions plan to increase their cryptocurrency investments, while 55% hold a bullish short-term outlook, Swiss crypto banking group Sygnum said in a … Read more
Bitcoin OG Willy Woo has suggested a way to keep your Bitcoin safe until there’s a solution to the quantum Bitcoin threat — hodling your Bitcoin in a SegWit wallet for around seven years. Quantum computing has been a long-feared (and debated) inflection point for the crypto industry. Computers capable of breaking encryption have been … Read more
Bitcoin has been trending on social media over the last few days as US politicians have been working toward an end to the disruptive US government shutdown, culminating in the Senate’s passage of the highly contested funding bill on Monday. It reportedly took around 10 hours for Republicans to get the job done on Monday … Read more
Bitcoin has been trending on social media over the last few days as US politicians have been working toward an end to the disruptive US government shutdown, culminating in the Senate’s passage of the highly contested funding bill on Monday. It reportedly took around 10 hours for Republicans to get the job done on Monday … Read more