Record $13.2 billion YTD inflow into digital assets eclipses 2021 total

Last week, digital asset investment products experienced a $2.9 billion net flow, marking two consecutive weeks of record-breaking inflows, according to CoinShares’ latest weekly report . This achievement propelled digital asset products to a new annual net flow record of $13.2 billion, exceeding the entire inflow for the 2021 bull run, which stood at $10.6… Continue reading Record $13.2 billion YTD inflow into digital assets eclipses 2021 total

Why Standard Chartered reviewed its Bitcoin price forecast to $150,000

Global financial giant Standard Chartered has revised its forecast for Bitcoin’s price, now foreseeing the flagship digital asset soaring to $150,000 by year-end, citing favorable market conditions. Earlier in the year, the bank’s head of crypto research, Geoffrey Kendrick, predicted that the BTC price would climb to $100,000 by the end of the year and… Continue reading Why Standard Chartered reviewed its Bitcoin price forecast to $150,000

Analysts warn MicroStrategy’s plan to fuel Bitcoin buys with debt could backfire

MicroStrategy could raise as much as $600 million from its latest convertible debt offering to purchase more Bitcoin . However, JPMorgan analysts have reportedly cautioned that the firm’s reliance on debt to purchase Bitcoin could exacerbate a market downturn. The firm, led by BTC advocate Michael Saylor , has acquired over 15,000 BTC worth nearly… Continue reading Analysts warn MicroStrategy’s plan to fuel Bitcoin buys with debt could backfire

El Salvador receives Bitcoin donation after revealing on-chain address

El Salvador received Bitcoin donations after President Nayib Bukele shared the Central American country’s digital wallet address with the public. In a March 14 post on social media platform X (formerly Twitter), Bukele revealed that the country transferred “a big chunk of our Bitcoin to a cold wallet and stored that cold wallet in a… Continue reading El Salvador receives Bitcoin donation after revealing on-chain address

Bitcoin holders rejoice as value breaks unprecedented $71,000 milestone marking new ATH

Bitcoin’s price is trading above $71,000 for the first time in its history after increasing by more than 2% during the past day. Over the weekend, Bitcoin largely hovered around the $68,000 mark . However, during the early Asian trading hours today, it surpassed the $70,000 threshold and quickly surged to above $71,500. This rapid… Continue reading Bitcoin holders rejoice as value breaks unprecedented $71,000 milestone marking new ATH

$1.89B liquidated: Why did Bitcoin and ETH price correct sharply overnight?

More than $1.89 billion worth of cryptocurrency futures positions were liquidated over the past 24 hours as Bitcoin and Ether sharply dropped.

Bitcoin must cost 10X more with 10X less utility to match Tulip Mania — Investor

There’s no comparing the current bull run with the 17th century tulip bubble, Dan Tapeiro argues.

$50K and BTC’s biggest weekly candle ever: 5 things to watch in Bitcoin this week

A falling U.S. dollar and increasingly positive publicity keeps Bitcoin bulls satisfied despite a slight correction to $47,000.

Bitcoin ‘supercycle’ may emerge in 2021 as Fed balance sheet hits new record high

Indicators point to the moon as an ailing macro economy provides a mass influx of retail investors into Bitcoin.

Mysterious Address With $3 Billion in Dogecoin Sends Cryptic Binary Messages to Elon Musk

Ever since the infatuation between Elon Musk and the meme-based cryptocurrency dogecoin, a number of people have looked at the asset critically. News.Bitcoin.com recently reported on the mysterious dogecoin wallet that absorbed more than 27% of the coin’s supply since February 6, 2019. This week, the dogecoin wallet with $3 billion worth of the crypto… Continue reading Mysterious Address With $3 Billion in Dogecoin Sends Cryptic Binary Messages to Elon Musk