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Bitcoin

Ethereum Market Cap Plummets $1 Trillion Behind Bitcoin—3 Factors Driving ETH’s 2024 Decline

Ethereum’s market cap has dropped $1 trillion behind Bitcoin due to declining whale transactions, ETH sales, and slow adoption of ETFs. Concerns about centralization following Ethereum’s move to Proof-of-Stake are contributing to its ongoing market struggles. Following the staking cap review recently shared by CNF, in which Vitalik Buterin warned... leer más →

Bitcoin Sees High Activity Despite Price Decline as 320K Addresses Engage

Over 320,000 active Bitcoin addresses are interacting with the price range near its old ATH. Bitcoin reserves on exchanges are near five-year lows, suggesting traders prefer holding despite recent market corrections. Around its old all-time high (ATH), Bitcoin is showing considerable activity, indicating increased interest and possible support. IntoTheBlock data... leer más →

UAE’s Pro-Crypto Stance Grows Stronger with New DAO Legal Framework

The UAE’s new DAO legal framework (DARe) enhances credibility for decentralized organizations, making it easier for DAOs to interact with the traditional financial system. The UAE’s crypto-friendly stance and favorable regulations position it as a global leader in blockchain innovation, attracting both emerging and mature DAOs. The UAE continues to... leer más →

Institutional Investors Now Hold 20% of Bitcoin Spot ETFs

Institutional ownership of U.S. Bitcoin Spot ETFs has grown, with asset managers holding 193,000 BTC, about 20% of the market. SEC-approved Bitcoin ETFs offer direct exposure to Bitcoin, increasing market liquidity and improving institutional access to the asset. Institutional ownership of Bitcoin Spot ETFs in the United States has increased... leer más →

Bitcoin hits new ATH surpassing $1.6T market cap

Bitcoin has been hitting new all-time highs over the past week as the crypto market recorded strong bullish sentiment after GOP candidate Donald Trump won the U.S. presidential elections. Bitcoin (BTC) gained 18% over the past week and is up 3% in the past 24 hours. The leading cryptocurrency reached... leer más →

Are We Facing Another Bitcoin Market Correction Like in 2021?

Alan Santana highlights a potential market correction for Bitcoin, drawing comparisons to price patterns in 2021. Over 320,000 active Bitcoin addresses interact near its previous all-time high, signaling strong holder sentiment. Popular trader Alan Santana’s recent analysis on TradingView shows an interesting trend for Bitcoin, making connections between its price... leer más →

Los líderes del BRICS apuestan por el bitcoin para contrarrestar las sanciones occidentales en la cumbre de Kazán

BRICS leaders at the Kazan Summit are pushing for Bitcoin as a financial tool to bypass Western sanctions, signaling a shift away from US dollar dependency. Strategic partnerships and crypto mining initiatives within BRICS reflect the coalition’s goal to reduce reliance on Western financial systems and boost technological self-sufficiency. Matthew... leer más →

Bitcoin Miner Core Scientific Grows AI Infrastructure With CoreWeave

Core Scientific partners with CoreWeave to expand its AI infrastructure, leveraging its expertise in customized data centers. Core Scientific has been involved in AI since 2019, integrating AI clusters while maintaining its Bitcoin mining operations. One of the biggest Bitcoin mining firms, Core Scientific, has contracted CoreWeave to increase its... leer más →

El Salvador President’s Bitcoin Donation Supports School Construction in Honduras

President Bukele donated 2 BTC to fund 1,000 school constructions in Honduras, expanding El Salvador’s Bitcoin initiative. Despite legal BTC status, only 7.5% of Salvadorans use it for transactions, highlighting low adoption rates. Recently making news is El Salvador’s President Nayib Bukele’s 2 Bitcoin donation—valued at around $134,000—to help Honduras... leer más →
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