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Bitcoin – Page 294 – DIGIT INFO

Bitcoin Hits $65.4k Amidst Whale Activity and Dormant Wallet Movement

Today marks another milestone for Bitcoin as its price surges to a high of $65.4k, according to data from CoinMarketCap. Behind this upward momentum lies intriguing insights into whale behavior and a surprising movement from a long-dormant wallet. Whales, those holding substantial amounts of Bitcoin, have been actively accumulating during market dips, as indicated by … Read more

SEC Chair Gary Gensler Calls Crypto ‘Outsized Piece of Scams, Frauds, and Problems in Our Markets’

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated his view that crypto is a field full of noncompliance. While noting that crypto is a small piece of the overall U.S. financial market that his agency oversees, the SEC chair emphasized that it is “an outsized piece of the scams … Read more

‘Big Short’ Investor Calls Crypto One of the ‘Great Themes of Our Time,’ But He’s Not a Believer

In a recent interview on Bloomberg Television, Steve Eisman of Neuberger Berman, who gained prominence from “The Big Short,” shared insights on the impending U.S. election and his investment strategies. Eisman identified three significant current themes, including cryptocurrency, about which he expressed skepticism. Steve Eisman’s Take: Trump’s Re-Election and the So-Called Crypto Conundrum Steve Eisman, … Read more

Positive Market Turn: US Bitcoin ETFs See Substantial Inflows After Last Week’s Outflows

According to statistics, U.S. spot bitcoin exchange-traded funds (ETFs) saw their second consecutive day of positive inflows after recording approximately $378.3 million on Friday. During Monday’s trading sessions, the U.S.-based bitcoin ETFs accumulated $217 million in positive inflows, with Grayscale’s Bitcoin Trust (GBTC) also marking its second consecutive day of inflows. US Spot Bitcoin ETFs … Read more

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