Bitcoin’s current market position has sparked renewed interest in Bitcoin price prediction. Trading at $67,836.31 with a 24-hour trading volume of $42.4 billion, Bitcoin has dipped 2.27% in the last 24 hours. As the leading cryptocurrency with a market cap of $1.3 trillion, its movements are closely watched, with traders focusing on key resistance and...
Crypto exchange OKX announced on Friday that it has withdrawn its Virtual Asset Service Provider (VASP) license application in Hong Kong and will cease to provide trading services to residents. OKX joined Gate.io’s Hong Kong affiliate, HKVAEX, and Huobi HK in recently withdrawing their VASP applications from the Hong Kong Securities and Futures Commission. In...
The Bitcoin (BTC) price has been pumping higher this week, following US CPI data that pointed at moderating price pressures and major financial institutions revealing substantial holdings in US spot Bitcoin ETFs. Bitcoin was last changing hands just below $66,000, hitting new monthly highs above $66,750 earlier in the day. Morgan Stanley disclosed holdings of...
Oklahoma Governor Kevin Stitt delivered a major win to digital asset supporters Monday with the enactment of a new Bitcoin rights bill (a.k.a HB3594) focused on preserving fundamental crypto rights amidst the U.S. government’s crackdown on self-custody wallets. Championed in the House by Congressman Samuel Brian Hill and Senator Bill Coleman, the new law will...
Skybridge Capital co-founder Anthony Scarmucci believes new entrants to Bitcoin are still early, with institutional adoption of the asset only just ramping up. Anthony Scaramucci On Institutional Bitcoin Investment During an interview with CNBC on Thursday, the investor said that institutional adoption is “happening now,” and that he expects more pension funds to reveal soon...
Bitcoin is trading just above $65,000, experiencing a 1.25% correction after a recent surge. This upward movement was driven by weaker US CPI data, dovish FOMC sentiment, and a break from a symmetrical triangle pattern. Despite this slight bearish correction, the Bitcoin price prediction remains bullish, especially with Andrew Tate’s announcement to invest $100 million...
Bitcoin (BTC) held steady above the $66,000 mark, reaching an intra-day high of $66,500. The Bitcoin price prediction now indicates strong bullish momentum, driven by increasing institutional interest. BlackRock’s iShares Bitcoin Trust (IBIT) has attracted significant investment, while CME Group’s planned entry into Bitcoin spot trading is expected to boost market liquidity and demand. BlackRock’s...
Pavel Durov, the founder of Telegram, has received a generous donation from over half a million players of the viral Telegram-based clicker game called Notcoin. The players donated a portion of their in-game coins to Durov as a gesture of gratitude for the messaging app that hosts the crypto game. The donated haul has now...
As Bitcoin hovers near the $67,000 mark, trading at $67,243.75 with a recent upswing of 1.41%, questions about its next milestone intensify. With a trading volume of $24.62 billion and a dominant market cap of $1.32 trillion, the prevailing sentiment is cautiously optimistic, stirring discussions on Bitcoin price predictions for an imminent new high. Bitcoin...
Out of the top 25 hedge funds in the United States, 13 have entered the market by investing in the ETFs during the first quarter. Point72, the renowned hedge fund with $34 billion in assets under management, has revealed its investment in the Fidelity Wise Origin Bitcoin Fund (FBTC). According to a recent filing, Point72...