Category: Bitcoin

After flirting with a $2 trillion market capitalization for the last couple of days, the cryptocurrency market took a 7% hit on April 7, dropping the total crypto market cap to $1.8 trillion. As the unexpected sell-off took place, investors scrambled to find a reason to explain the move. Analysts typically identify the use of

Cryptocurrency asset management firm Grayscale is reiterating its commitment to launching a Bitcoin exchange-traded fund (ETF). In a blog post, Grayscale pledges to transform its Bitcoin investment product known as the Grayscale Bitcoin Trust (GBTC) into an ETF. “First and foremost we wish to make clear: we are 100% committed to converting GBTC into an

Renowned personal finance author Robert Kiyosaki says Bitcoin will hit a price tag well into the seven figures within half a decade. In a new interview with Kitco NEWS, the author of the best-selling Rich Dad Poor Dad reveals that he expects Bitcoin to surge by nearly 2,000% in the coming years. “I bought Bitcoin

Blockchain analytics platform Whalemap is mapping out the key levels to watch for in Bitcoin (BTC) this month. In a new tweet, the on-chain insights platform highlights that Bitcoin’s correction, which drove the leading crypto asset from an all-time high of $61,683 to around $51,000, has officially ended after price respected the support of $57,000,

Facebook is no stranger to data hacks and leaks, with the company having been on the receiving end of many high-profile security breaches in recent years. For example, back in 2018, the social media giant revealed that it had inadvertently exposed the personal information of more than 50 million users due to a small error

The price of Bitcoin (BTC) has been under severe selling pressure by whales for the past two months as on-chain data reveals. However, five key indicators are suggesting that major sellers are about to turn into hodlers or even accumulators of Bitcoin again while institutional demand remains high. This is an explosive setup that may

The so-called Kimchi premium, which measures the premium of the Bitcoin (BTC) price in South Korea’s cryptocurrency exchange market, plummeted overnight. The premium declined from 22% to 15% within a matter of hours on April 7, and it is continuing to drop across major South Korean exchanges. BTC Korea Premium index. Source CryptoQuant A big

Bitcoin (BTC) extended its price drop on April 7 amid warnings that excessive long positions needed to be flushed out to allow for fresh gains.  BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview BTC price barely clings to $56,000 support Cointelegraph Markets Pro and TradingView showed BTC/USD hitting new local lows of $55,760 during Wednesday trading.  A

Changpeng Zhao, founder and CEO of the largest global cryptocurrency exchange, Binance, and one of the world’s top crypto billionaires, does not own much except crypto. “I’m one of those guys who value liquidity much more than owning something. I actually prefer not to own anything,” Zhao said in a Bloomberg interview on Wednesday. He

The United States’ biggest crypto exchange would have made more money by simply buying and holding Bitcoin (BTC) in 2013.  Data circulating on social media reveals that despite Coinbase’s $800-million profits in Q1, the company would still be richer had it used its seed funding cash to buy BTC. Coinbase profits lose out to 2013