Bitcoin

A paradigm shift appears on the horizon of the cryptocurrency market. A series of spot Bitcoin Exchange Traded Fund (ETF) applications have reached the United States Securities and Exchange Commission (SEC). Each hopes to offer investors a…
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Grayscale’s recent court win against the United States Securities and Exchange Commission (SEC) boosted the entire cryptocurrency market. Bitcoin was among the big gainers, whose price touched $28,000 for the first time…
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Bitcoin (BTC) drifted toward $27,000 after the Aug. 30 Wall Street open as the dust settled on digital asset manager Grayscale’s legal victory.BTC/USD 1-hour chart. Source: TradingViewBTC buyer interest remains lowData from Cointelegraph…
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The Court of Appeals for the D.C. Circuit had just granted Grayscale Investments’ petition to review a Securities and Exchange Commission (SEC) order. This ruling vacates the SEC order that had blocked the Grayscale Bitcoin Trust from…
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Even as XRP encountered considerable upheaval due to escalating regulatory challenges, South Korean investors have remained unfazed. In fact, the asset has emerged as the most preferred one in their portfolios, especially…
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Several prominent crypto commentators have criticized the new crypto tax reporting rules recently put forth by United States President Joe Biden. On Aug. 25, to catch crypto users avoiding taxes, the Internal Revenue Service (IRS) proposed…
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Bitcoin deposited in exchange wallets has now dropped to 2.05 million BTC, its lowest since January 2018. With the overall crypto market sentiment trending neutral, here’s how Bitcoin price could react in the coming days.  Bitcoin’s (BTC)…
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Aswath Damodaran – professor of finance at Stern School of Business at New York University – has changed its tune on bitcoin (yet again), describing it this time as “the currency that nobody uses.” Interestingly, he labeled…
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Binance cryptocurrency exchange announced its intention to modify its zero-fee Bitcoin trading program on Aug. 24. This action has the potential to initiate a significant market downturn, reminiscent of the 90% trading volume decline…
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In a remarkable Bitcoin network development this year, a solo miner successfully solved block 803,821, securing the coveted 6.25 BTC block reward valued at over $160,000. The remarkable event unfolded on August 18, and the miner became the…
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