The United States Securities and Exchange Commission (SEC) has postponed reviewing the Ark 21Shares Bitcoin exchange-traded fund (ETF) application. This action is part of a broader trend, as the regulatory body is currently scrutinizing over […]
There is an increasing narrative among crypto market analysts that the next bull market and cycle peak could come as soon as Bitcoin halving. This follows months of consolidation where BTC has failed several times […]
Israel’s Hapoalim Bank refused to accept $273,000 from 70-year-old retiree Esther Freeman’s Bitcoin (BTC) profits. The bank states that it cannot accept the amount due to regulatory policies. Amid uncertainty on crypto regulations, Esther Freeman has […]
After several days of relatively low volatility, the price of bitcoin finally headed north, reaching a two-week high of over $30,000 (per CoinGecko). The uptrend resulted in approximately $81 million in liquidations, with short positions […]
In early August, sources leaked word that officials with the United State Department of Justice were considering fraud charges aimed at Binance, the world’s largest cryptocurrency exchange. However, they indicated, officials are worried that it […]
NUPL is one of the best-known indicators of on-chain analysis. Currently, its readings are in the yellow range of optimism, which has historically suggested that Bitcoin accumulation is underway. Will history rhyme this time too? […]
Bitcoin derivatives are all about predicting future prices, and this generally needs prices to actually move in one direction or the other. The recent market lethargy and weeks of stagnation have led to decreased activity […]
BlackRock, a multinational investment company, shocked many in the cryptocurrency industry in June when it filed an application for an exchange-traded fund (ETF), the iShares Bitcoin Trust. It’s seeking to overcome 10-year-long opposition from United […]
The price of Bitcoin (BTC) is trading between key resistance and support levels at $31,000 and $28,000, respectively. Whichever breaks first could determine the future trend’s direction. The weekly and daily timeframe readings are both […]
The payment technology firm Block (formerly known as Square) revealed that its bitcoin revenue for the second quarter was approximately 34% more than the figure reported in Q2, 2022. The company, spearheaded by Twitter’s former […]
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