Crypto academics slam controversial ECB paper blasting Bitcoin – Cointelegraph
A controversial European Central Bank paper released earlier this month came close to calling Bitcoin a pyramid scheme, only to be slammed in a lengthy rebuttal by a group of crypto scholars. The ECB paper “portrays Bitcoin's volatility, lack of productive contribution, and concentration of wealth as serious flaws,” wrote Murray Rudd of the Bitcoin […]
Bitcoin Investors Watch Out: Miners Showing Unusual Exchange Inflow Activity – TradingView
On-chain data shows that Bitcoin miners have recently been making an unusually large number of transactions on centralized exchanges. Bitcoin miner trading volume indicators skyrocket As CryptoQuant author IT Tech pointed out in a new post on X, metrics for miner-to-exchange transactions have been high recently. “Miner-to-exchange transactions” tracks the total number of transfers made […]
European investors pour record $105B into US Bitcoin ETFs – Cointelegraph
European investors have allocated record amounts of money to US spot Bitcoin exchange traded funds (ETFs). Europeans have invested more than $105 billion (year-to-date) into Bitcoin (BTC) ETFs, setting a new record high. The European ETF flow record was shared by Eric Balciunas, senior ETF analyst at Bloomberg. I wrote In the October 21st X […]
Bitcoin at 3-month high as Trump odds drive currencies – Yahoo Finance
SINGAPORE (Reuters) – Cryptocurrency Bitcoin hit a three-month high in early Asian trading on Monday, with the dollar set to extend its gains in the countdown to the U.S. presidential election in two weeks. Election polls show former President Donald Trump's chances of winning the Nov. 5 election are increasing, as his proposed tariff and […]
$556M in spot Bitcoin ETF inflows signals major shift in investor sentiment – Cointelegraph
U.S. spot Bitcoin exchange-traded funds (ETFs) recorded their largest single-day inflows in more than 120 days on October 14th. More than $500 million was poured into the fund, sending Bitcoin (BTC) price above $67,800, its highest level in more than three months. ETF Store President Nate Geraci explained The event was a landmark day for […]
Bitcoin Whales ‘Grew Substantially’ During Last Dip, Data Shows Large-Holder Accumulation – TradingView
Yesterday, Bitcoin reached nearly $69,000, setting a new regional high and further cementing the continued upward trend that began in September. This price trend has fueled optimism among analysts and investors, with significant gains expected in the coming weeks. Investors believe Bitcoin is poised for a strong rally after seven months of sideways accumulation. Santiment's […]
Analyst Backs Spot Bitcoin ETFs To Surpass Gold ETFs In Cumulative Net Inflows – TradingView
Nate Geraci, market analyst and president of ETF Store, supported the US-based Spot Bitcoin ETF to overtake the gold ETF in cumulative net flows. This prediction comes amidst incredible performance over the past few days as these Bitcoin ETFs attracted more than $2 billion in weekly net flows. Analyst says Spot Bitcoin ETF will surpass […]
XRP to Dodge Death Cross? Bitcoin (BTC) $70,000 Mark Close But There's a Problem, Massive Dogecoin (DOGE) Breakthrough in Progress – U.Today
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Alabama man charged with hacking SEC’s X account, causing bitcoin to soar with fake post
A 25-year-old Alabama man was arrested Thursday for hacking the Securities and Exchange Commission's X account as part of a conspiracy to manipulate Bitcoin prices earlier this year, prosecutors said. In January, hackers posted false news to the SEC's @SECGov X account announcing that the SEC had approved a Bitcoin exchange-traded fund, causing the cryptocurrency's […]
Arrest made in SEC hack resulting in bitcoin price spike
The FBI arrested an Alabama man on Thursday in connection with a January hack of Securities and Exchange Commission (SEC) accounts on social platform X that caused a temporary spike in the price of Bitcoin. Eric Council Jr. used a SIM swap attack to take over SEC accounts, and others later used this attack to […]