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Bitcoin miners recorded their lowest daily revenue of the year, with earnings dropping to $2.54 million on August 11. This marked a significant decline that the community had anticipated, particularly after the…
Morgan Stanley, the largest wealth manager in the U.S., is facing warnings from a former Securities and Exchange Commission (SEC) official over its decision to allow its financial advisors to recommend Bitcoin…
The Bitcoin power law, a mathematical model that predicts the continued growth of Bitcoin’s price, has ignited a fierce debate. Critics argue that the model is deeply flawed, while supporters stand by…
Bitcoin has surged past the $62,000 mark for the first time since August 3, leaving futures traders scrambling to adjust their positions. Bullish Patterns Emerge On August 8, Bitcoin briefly touched $62,510…
Bitcoin whale transactions reached their highest levels in four months during the crypto market downturn on August 5 and 6, according to on-chain data from Santiment. Wallets holding between 10 and 1,000…
Volatility Index Reaches Record High Amid Uncertainty Bitcoin’s volatility surged to its highest level in 20 months, as the cryptocurrency dipped below $50,000. This spike in volatility has left traders divided on…
Capula Management, Europe’s fourth-largest hedge fund, recently disclosed a substantial investment in Bitcoin ETFs. According to a filing with the U.S. Securities and Exchange Commission (SEC), Capula holds $500 million in Spot…
On August 5, the United States saw a significant spike in trading volumes for Bitcoin and Ethereum ETFs, reaching nearly $6 billion as cryptocurrency markets faced a sharp downturn. This surge in…
Bitcoin’s recent price decline since the April 2024 halving is drawing comparisons to market movements before the 2016 bull run, according to seasoned trader Peter Brandt. In an August 5 post on…
Bitcoin’s price made a modest recovery on August 3 after briefly dropping toward $60,000, following a significant global stock sell-off. The cryptocurrency managed to reclaim the $62,000 level as markets showed signs…
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