Stablecoin supply alone won’t pump Bitcoin markets — Ki Young Ju
Stablecoins are now primarily used to store value in countries with rapidly depreciating fiat currencies or prohibitive capital controls. Go to Source
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Macro factors in Canada and US good for Bitcoin’s price — WonderFi CEO
The M2 money supply is an economic measure of the total amount of a sovereign nation’s fiat currency currently circulating worldwide. Go to Source
From Record Hashrate to a 241% Onchain Fee Increase – Bitcoin Mining’s Big October Unpacked
Following September’s slump to its lowest revenue of the year, bitcoin miners had a profitable October, recording a 25.05% revenue increase. Bitcoin Mining’s October Comeback On Oct. 31, one petahash per second (PH/s) of computing power was valued at $54.52 per PH/s, the highest hashprice in 30 days. As of today, however, the spot market … Read more
Trump makes big promises about crypto in US — But can he deliver?
Trump is making bold promises to capture the attention of the digital asset industry and investors. Go to Source
Fewer Bitcoin Moves From Vintage Wallets in October—A Signal to Hold?
From Oct. 1 to Oct. 31, 2024, a total of 1,970.401 BTC was spent from vintage wallets originally created between 2010 and 2017, according to the latest metrics. Dormant Bitcoin Wallets Show Restraint In September, long-quiet bitcoin wallets suddenly woke up, releasing 4,066.81 BTC back into the crypto stream. While bitcoin (BTC) prices rose by … Read more
Unprecedented Bitcoin Rally Looms With Crypto Market Poised for Record Highs
Bitcoin could skyrocket to record highs if Trump wins the election, driven by pro-crypto policies, deregulation, and surging investor demand, predicts Devere Group’s CEO. A Historic Bitcoin Rise in Sight Nigel Green, CEO of financial advisory giant Devere Group, believes bitcoin could hit unprecedented highs if former U.S. President Donald Trump wins the upcoming U.S. … Read more
Spot Bitcoin ETFs Post Modest Gains – Which Funds Soared and Which Stumbled?
Spot bitcoin exchange-traded funds (ETFs) posted mild gains on Thursday, following a week packed with significant capital inflows. Thursday’s Crypto ETF action The 12 U.S.-based spot bitcoin ETFs collectively pulled in $32.14 million in fresh inflows during Thursday’s trading according to sosovalue.xyz stats. Leading the way, Blackrock’s IBIT saw a substantial intake with $318.8 million … Read more
Report: Investors Pour Billions Into Bonds and Bitcoin Ahead of Election
As the 2024 U.S. election approaches, investors are channeling hefty sums into bonds and bitcoin, signaling a clear shift in asset preferences, CNBC reports, citing Bank of America credit strategist Yuri Seliger. Ahead of the 2024 Election, Investors Favor Bonds and Bitcoin in Strategic Shift According to the CNBC report, Yuri Seliger noted a substantial … Read more
Price analysis 11/1: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Markets have started to sell-off, and Bitcoin needs to hold $70,000 for the BTC and altcoin rally to continue. Go to Source
How the US Fed thinks a Bitcoin ban could preserve deficit spending
A ban on Bitcoin? Even the suggestion as part of a thought experiment is bound to chafe the crypto community. Go to Source