In recent days, we have witnessed turbulence in the cryptocurrency market, especially when it comes to Bitcoin. Its value has been plummeting to the $62,000 level, a significant drop of more than 10 percent in a single week. This fall is in response to the recent decline in US stock indices, which have fallen by units of percent. This developmen...
Cryptocurrencies are often seen as store of value, especially Bitcoin, which is designed as an asset with growth potential. Yet there is a risk of financial loss. The growing interest in cryptocurrencies, particularly Bitcoin, is partly due to the authorization of bitcoin spot ETFs in the US. This event has far-reaching implications for the cryp...
Bitcoin experienced another decline earlier this week, but from a technical standpoint, a sideways consolidation is still underway and will likely last for a few more days. The consolidation is not a negative thing; on the contrary, it is setting the market up for a continuation of the current trend and creating a market equilibrium, which may l...
There is only a short time left until the event that will make waves in the cryptocurrency universe - the halving of bitcoin. What does that mean? Simply put, from a certain date, the reward for bitcoin miners for their work will be halved. It's a sort of ritual that takes place every four years and the expectations around it are huge. It is ...
Bitcoin, the most well-known and most traded cryptocurrency, has recently undergone a significant decline that has reduced its value to $38,460, a significant slowdown from its recent two-year high of $49,051. Although the price is struggling to recover, the short-term oscillators are showing a strong downward bias, which raises technical concer...
The world's most famous cryptocurrency, Bitcoin, experienced a nearly 100,000-crore drop in its value, falling below the 900,000-crore mark on Tuesday. Other cryptocurrencies have also suffered this significant drop, as data from specialist server CoinMarketCap shows. In recent months, cryptocurrency prices have been rising mainly in anticipa...
The long-running lawsuit between the US securities regulator (SEC) and Ripple has just entered a new phase that has surprised many and appears to be over. The SEC has decided to withdraw part of the lawsuit, resulting in a positive reaction in the cryptocurrency market. However, the situation is far from definitive. Bitcoin prices recently tr...
For two years, bitcoin has been official currency in El Salvador. Salvadorans working abroad and also give millions of residents access to financial services. Neither of these purposes is being fulfilled by bitcoin, reports Radio France Internationale, citing AFP. Moreover, the country has lost sixty million dollars because of the fall in its ex...
More than a year after its originally planned launch, Jacobi Asset Management is now officially launching the first spot Bitcoin Exchange-Traded Fund (ETF) in Europe. The fund is available on the Euronext exchange in Amsterdam. Bitcoin ETF becomes a European reality It can be found on the Euronext exchange under the listing symbol BCOIN. The...
