Bitcoin appears on the verge of printing its first golden cross in over a year, sparking excitement among bullish traders eager for a new crypto rally. The largest cryptocurrency by market value has surged nearly 30% over the past two weeks. BTC recently tapped prices above $35,000 for the first time since May 2022, per […]
The U.S. Securities and Exchange Commission (SEC) has fined investment management giant BlackRock Inc. $2.5 million for inaccurate disclosures regarding a fund’s investments between 2015 and 2019. According to the SEC, BlackRock’s Multi-Sector Income Trust (BIT) made sizeable loans to entertainment company Aviron Group but improperly classified the position as “Diversified Financial Services” in public […]
Bitcoin briefly hit $35,000 on Monday for the first time in over a year as traders withdrew funds from exchanges, signaling growing bullish sentiment. According to data from CoinGlass, major exchanges like Binance saw net outflows of more than $500 million over the past day as Bitcoin rallied. Outflows typically indicate investors are moving assets […]
A dramatic bitcoin price surge has resulted in nearly $180 million worth of liquidations for traders betting against the cryptocurrency. According to market data, short positions on bitcoin futures accounted for close to 50% of the $400 million in total crypto liquidations that took place on Monday. BTC prices spiked 12% to over $35,000, fueled […]
Galaxy Digital CEO Michael Novogratz expressed confidence that U.S. spot bitcoin exchange-traded funds (ETFs) will finally be approved by regulators this year. In a recent CNBC interview, Novogratz predicted the SEC would give the green light to spot bitcoin ETFs before the end of 2023. He cited mounting pressure on the SEC following Grayscale’s court […]
Bitcoin briefly traded higher Monday before retreating as the 10-year Treasury yield hit its highest level since 2008, underscoring the sway macroeconomic forces still hold over crypto prices. BTC hovered around $28,000, up about 3% during the U.S. trading session, before giving back gains. Meanwhile, Ethereum slipped to $1,670 despite the much-anticipated launch of Ether […]
Bitcoin (BTC) has surged past the $28,000 mark, marking its highest price point in over a month. This remarkable rally is attributed to several factors, primarily the growing optimism surrounding exchange-traded funds (ETFs) and the prevailing seasonal trends in the crypto market. The $28,500 level has historically played a pivotal role in Bitcoin’s price action, […]
In a recent revelation, Arkham Intelligence, a leading crypto data tracking platform, has uncovered a treasure trove of wallet addresses linked to Grayscale Bitcoin Trust’s holdings. The sheer magnitude of this discovery has left the crypto world buzzing with excitement and intrigue. The Magnitude of Discovery Within the confines of these 1,750 wallet addresses lies […]