Mixed Signals Will Bring ‘Choppy’ Bitcoin Market This Summer: Coinbase – Decrypt
Coinbase Research predicted on Friday that the crypto market will be turbulent in the third quarter of 2024, citing a lack of a strong narrative and economic uncertainty as the main drivers of the expected volatility. of report It highlights that the cryptocurrency market is grappling with conflicting signals, especially regarding the potential impact of […]
Several Tailwinds Could Push Bitcoin to $100,000 This Year as US Inflation Cools – Decrypt
The recent correction in the cryptocurrency market presents an opportunity for long-term investors, providing a significant tailwind that could propel Bitcoin to $100,000 by the end of the year. That’s what Matt Hogan, chief investment officer at crypto asset management firm Bitwise, said in a recent investor interview. Note Wednesday, a day before official U.S. […]
House Fails to Overturn Biden Veto on Pro-Crypto Banking Bill – Decrypt
The U.S. House of Representatives on Thursday failed to override President Joe Biden’s veto of a bipartisan effort to allow U.S. banks to hold cryptocurrencies. The bill required a two-thirds supermajority to pass the House, then another two-thirds majority in the Senate. The bill passed today with a comfortable majority, but nowhere near the level […]
Bitcoin Continues Rebound as Spot ETFs See $295 Million in Deposits – Decrypt
Amid a mix of bullish and bearish factors in the cryptocurrency market, Bitcoin has once again surpassed $57,000. The price marks a significant recovery from last week’s lows, when Bitcoin dropped to $54,092.80, according to data from Coingecko. One of the most notable recent developments has been the robust inflows into Bitcoin ETFs despite market […]
Pirate Nation CEO Predicts Thousands of Dedicated Crypto Game Blockchains – Decrypt
Amitt Mahajan, founder and CEO of Proof of Play, developer of the crypto game Pirate Nation, predicts that eventually there will be thousands of purpose-built blockchains, each supporting a separate application. This was born out of Zynga’s experience developing the viral Facebook game Farmville: At the time, Zynga was running around 64 databases just to […]
Crypto Liquidations Top $200 Million as Ethereum, Bitcoin Fall – Decrypt
Cryptocurrency market liquidations surged to a one-week high on Wednesday as the price of Bitcoin fell below $60,000. Over 74,000 traders lost $208 million in the past 24 hours. Coin Glass The data shows. Most of that – about $184 million – hit investors who had held long positions betting that prices would rise. The […]
German Government Moves Another $17 Million Worth of Bitcoin to Exchanges – Decrypt
The German government stepped up the sale of its Bitcoin holdings on Tuesday, transferring a total of 282.74 BTC, worth roughly $17.64 million, to major cryptocurrency exchanges Bitstamp, Coinbase, and Kraken. of transaction It happened at 4:20pm Indonesian central time. This is in line with a broader trend of divestment by the German government, with […]
'Deadrop' Game Studio Drops Founder Dr. Disrespect After Alleged Misconduct – Decrypt
Midnight Society, a studio developing first-person shooters Dead Dropannounced on Monday that it was firing its co-founder and popular streamer Dr. Disrespect (aka Guy Beam) after he was accused of tweeting why he was banned from streaming platform Twitch. studio He tweeted the decision. The company said Monday that it had launched an investigation after […]
Bitcoin Funds Lost $630 Million, But BTC Bears Are Still On the Sidelines – Decrypt
It’s been a rollercoaster ride for crypto investment funds as the latest data from CoinShares shows heavy outflows for the second consecutive week. Digital asset investment products saw net outflows of $584 million last week, bringing the two-week total to a staggering $1.2 billion. This sharp reversal comes after a record $2 billion in inflows […]
Germany Begins Selling Its Bitcoin Billions, Triggering Volatility Fears – Decrypt
We do the research and you get the alpha! Get exclusive reports and access key insights on airdrops, NFTs, and more. Subscribe to Alpha Reports today and step up your game. To Alpha Report The German government has a large amount of Bitcoin Cryptocurrency seized from the operator of a movie piracy website has raised […]