The U.S. Bitcoin mining industry has generated over 31,000 jobs and contributed more than $4.1 billion in gross product annually. According to a report by The Perryman Group, most of the industry is concentrated in […]
Crypto outflows totaled $415 million last week, marking a sharp reversal from a streak of net positive flows since the beginning of the year. This downturn is largely attributed to Federal Reserve Chair Jerome Powell’s […]
Dutch crypto analyst Gert van Lagen has shared an audacious bullish prediction of Bitcoin for the current bull cycle. This development comes amidst a continuous consolidation in the BTC market marked by no substantial price […]
Strategy, formerly known as MicroStrategy, has made a strong entry into the market with its Strike Preferred Stock (STRK). Within two weeks of its launch, STRK has become the best-performing and most liquid perpetual security […]
According to a recent filing with the United States Securities and Exchange Commission, Abu Dhabi’s sovereign wealth fund currently holds a significant amount in BlackRock’s spot Bitcoin ETF (exchange-traded fund). This purchase came in the […]
Abu Dhabi’s Mubadala Sovereign Wealth Fund has taken a bold step into the Bitcoin market, investing $436 million in US-listed spot Bitcoin exchange-traded funds (ETFs). This acquisition, revealed in a February 14 filing with the […]
A new development is brewing in the internet industry as Zoom Video Communications faces pressure to shake up its treasury strategy. Eric Semler, head of Semler Scientific, has noticed the pressure on video conferencing giant […]
Over $2.5 billion worth of Bitcoin and Ethereum options contracts are set to expire this Friday. Moreover, markets are still reeling from US economic data this week, including CPI and PPI, but can the derivatives’ […]
The cryptocurrency market has shown some resurgence in the past 24 hours, with numerous leading digital assets charting mild gains. Bitcoin (BTC), for instance, climbed by 1% and surpassed $97,000 again. Many of the well-known […]
Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, has gone on record to suggest that recent developments at the gold market might trigger a mass exodus to Bitcoin. Notably, the Bank of England […]
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