dYdX Beats Uniswap, Bitcoin Outlook Dour Analysts at Coinbase predict that Ether (ETH) could see significant growth in 2024, driven by hopes of a spot ETH ETF listing. Following the recent approval of bitcoin ETFs in the U.S., ETH reached its highest price since May 2022. Firms like BlackRock and VanEck, who were behind BTC … Read more
Crypto Think Tank Rebels Against This US Senator, Here’s Why US Senator Elizabeth Warren sent letters to the Coin Center Director, Blockchain Association CEO, and crypto exchange Coinbase, expressing concern over the crypto industry’s influence on former government officials. Coin Center responded, stating its commitment to free speech and opposition to unconstitutional legislative efforts. The … Read more
The Long-Term Bitcoin Holding Strategy: Analyzing Blackrock’s 11,000 Bitcoin Acquisition and Its Market Impact | by Joshua Moroles | The Dark Side | Jan, 2024 Blackrock, a global investment giant, purchased 11,000 Bitcoin through Over-The-Counter (OTC) transactions and plans to hold them long-term. This strategy signals a belief in Bitcoin’s long-term value and potential for … Read more
The current bitcoin mining difficulty is at historic highs, with computing power increasing by over 100% in 2023. CoinShares predicts a decline in mining activity after the halving, resulting in a “miner exodus.” The company also forecasts the average cost of production per coin to normalize at just under $38,000 post-halving. This is due to … Read more
Bitcoin Pulls Back to $42K; Venezuela Shutters Petro Crypto Project J.P. Morgan’s research report suggests that the approval of new spot bitcoin exchange-traded funds (ETF) by the U.S. Securities and Exchange Commission may not attract as much fresh capital as some market participants anticipate. Although the amount of new capital these ETFs will attract is … Read more
Breaking: Community Coin Explodes in Value – Is it the Next Bitcoin?! Over the past few weeks, a relatively unknown cryptocurrency known as Community Coin has seen a massive surge in value, leading many to speculate whether it could be the next Bitcoin. With its rapid rise in price and growing community support, there is … Read more
Brace For Impact: MicroStrategy’s Michael Saylor Is Selling Shares To Buy More Bitcoin MicroStrategy co-founder Michael Saylor is selling off company stocks to acquire more Bitcoin, with recent sales earning him over $20 million. He plans to sell around 5,000 shares every trading day until April 26 to boost his BTC holdings. Saylor has been … Read more
Bitcoin ETFs: How Could It Change the Crypto Game for Traders | by Gaze All Over | The Dark Side | Jan, 2024 The arrival of Bitcoin ETFs is a hot topic in the world of cryptocurrency, offering a convenient way to invest in Bitcoin through traditional stock exchanges. There are two main types of … Read more
Bitwise Asset Management, the largest crypto index fund manager in America, has announced the launch of the Bitwise Bitcoin ETF (BITB), which will begin trading on January 11th. This new ETF will join Bitwise’s suite of 18 crypto investment products and will trade on the NYSE Arca under the ticker BITB. The management fee will … Read more
SEC Mishap Triggers $220 Million In Crypto Liquidations A fake tweet from the SEC’s hacked Twitter account claiming approval of Spot Bitcoin ETFs triggered a surge in prices followed by a crash, leading to $220 million in liquidations and losses for 70,000 traders. Long traders suffered the most, with $133.5 million in liquidations compared to … Read more
