Key takeaways: PayPal has announced the launch of new features, including crypto transfers with other wallets. Initially, PayPal users could only buy, sell and hold digital assets on the platform without the ability to send or...
Summary: MicroStrategy CEO Michael Saylor believes Bitcoin will benefit from the regulatory clarity initiated through the crypto bill by Senators Lummis and Gillibrand. Mr. Saylor says that such regulatory clarity will facilitate and accelerate the participation...
Ark Invest's "Bitcoin Monthly" report authored by CEO Cathie Wood and other ARK Invest analysts provides a crypto market summary and details of relevant on-chain activity.
According to the report, 'hodlers' are stronger than ever, as 66% of Bitcoin's supply has not moved over a year as demonstrated in the graph below. This shows the market's longer-term focus and a current holder base with stronger conviction.
Bitcoin ended a 9-week run of opening at a lower value than the week before. The asset is now valued at roughly $31,400 and faces resistance at $34,000. Bitcoin believers continue to believe in the fundamentals...
Summary: Coinbase’s hiring freeze has had a ripple effect on would-be employees who had accepted offers from the crypto exchange, only for the company to do a one-eighty degree turn. One candidate said he had given...
Summary: The number of Bitcoin addresses holding 0.01 or more BTC has hit a new all-time high of 10.088 million. The new milestone is despite the Crypto Fear and Greed index hitting an almost record low...
Summary: MicroStrategy’s CEO has pointed out that Bitcoin’s short-term volatility is irrelevant once you understand its fundamentals. According to Mr. Saylor, Bitcoin is the most certain thing in a very uncertain world. MicroStrategy CEO and Bitcoin...
Summary: Vitalik Buterin opposes the banning of Proof-of-Work mining operations by governments. According to Vitalik, governments picking and choosing which specific applications should use electricity or not is a bad idea. He proposes the implementation of...
Summary: The month of May saw a strong recovery in the inflow of Bitcoin into ETPs, with a total of 9,765 BTC. The flow of BTC into Bitcoin ETPs has also been favorable into June, with...
Summary: Arthur Hayes has released a new forecast of a possible bottom for Bitcoin at between $25k to $27k and Ethereum at between $1,700 to $1,800. Mr. Hayes also questions whether the crypto markets have already...
Quick take: A Harvard lecturer, a former Microsoft Engineer, and a principal engineer at Google Cloud have signed a letter delivered to US lawmakers urging a crack down on crypto and blockchain. A total of twenty-six...
Summary: The founder and CEO of BTC.TOP mining, Jiang Zhuoer, has forecasted that the ongoing crypto bear market could end at the end of 2022 and coincide with Ethereum’s Merge. He also anticipates the Ethereum merge...