Bitcoin News

Cryptocurrency-to-fiat infrastructure provider Xanpool continues expanding operations in the Asia Pacific (APAC) by securing fresh funding. The Hong Kong-based startup raised $27 million in a Series A funding round led by Valar Ventures, the venture capital firm co-founded by PayPal co-creator Peter Thiel. Other participating investors included crypto-focused venture capital firm CMT Digital as well …

Crypto-to-fiat liquidity startup Xanpool raises $27M Read More »

PayPal co-founder and billionaire venture capitalist Peter Thiel believes he may hold a clue on how to find Satoshi Nakamoto, Bitcoin’s (BTC) pseudonymous creator who disappeared two years after mining the cryptocurrency’s genesis block in January 2009.  His theory stems from an early meeting of E-Gold founders in February 2000, where roughly 200 people coalesced …

Early meeting of E-Gold founders may hold clue to Satoshi Nakamoto’s identity — Peter Thiel Read More »

Two or three weeks ago, when Bitcoin (BTC) was trading below $52,000, a trader betting on $65,000 by Oct. 22 would have been considered extremely optimistic. The fact that 98% of the put (sell) options for Bitcoin’s weekly options expiry this Friday have been placed below that price proves that this is true. Fast forward …

Bitcoin bulls set to net an $830M profit after Friday’s BTC options expiry Read More »

Bitcoin (BTC) broke its all-time high price level following the launch of ProShares’ Bitcoin Strategy exchange-traded fund (BITO) on Tuesday, but JPMorgan Chase strategists believe the key driver behind the price jump is investor concern over inflation. The BITO launch, which saw the highest ever first-day natural volume for an ETF, is “unlikely to trigger …

JPMorgan says inflation concerns, not ETFs, driving Bitcoin price jump Read More »

Ark Invest founder and CEO Cathie Wood did not invest in the ProShares Bitcoin Strategy Exchange Traded Fund, or ETF, on opening day, according to Business Insider.  Wood said about the ETF’s debut: “No, we did not [invest]. We’re looking at this very carefully […] there are some tax ramifications we’d like to understand more …

Ark Invest founder Cathie Wood passed on buying the first Bitcoin Futures ETF Read More »

People have been investing in gold for centuries. While the idea has long since been ditched, every single piece of currency in circulation at one point would have been backed by physical gold sitting in a vault somewhere. Gold is one of those investments that has proven itself to be stable, even in the midst …

How to Invest in the Original Bitcoin Commodity Called Gold Read More »

Crypto markets are in an absolute state of euphoria after Bitcoin (BTC) caught a bid and hit a new all-time high at $67,000.  Bitcoin’s surge to $67,000 also helped to spark double-digit gains for multiple altcoins as the age-old adage of a rising tide lifting all boats appears to be in full effect. Top 7 …

Altcoins take the next leg up as the total crypto market cap tops $2.63 trillion Read More »

As a result of El Salvador’s mainstream Bitcoin (BTC) adoption, Volaris El Salvador, a local subsidiary of budget Mexican airline Volaris, will accept Bitcoin as payment. The Bitcoin move comes a month after Salvadoran aviation authorities gave Volaris’s local subsidiary permission to operate in the country. Salvadoran President Niyab Bukele took to Twitter to announce …

Subsidiary of Mexican airline Volaris accepts Bitcoin payments Read More »

ProShares’ Bitcoin Strategy exchange-traded fund (BITO) saw the highest ever first day “natural” volume for an ETF, with the figure reaching a little over $1 billion by the end of the opening day. It is second overall, tailing just behind the Blackrock US Carbon Transition Readiness ETF which booked $1.16B in volume on its debut …

Bitcoin futures ETF debuts with highest ever first day ‘natural’ volume of $1B Read More »

A favorable macro environment, strong on-chain fundamentals and the approval of new futures-based exchange-traded funds (ETFs) in the United States are set to launch Bitcoin (BTC) to new all-time highs this quarter, according to a survey of fintech industry specialists commissioned by Finder. The 50-person industry panel expects Bitcoin to peak just above $80,000 this …

Fintech panel forecasts $80K BTC price top this year — Finder poll Read More »

A “favorite” Bitcoin (BTC) price signal could be about to turn bullish — and upside has always resulted, data shows. As noted by podcast host Preston Pysh on Oct. 18, the Long-Term & Short-Term Holder Realized Price Ratio (LTHSTH-RPR) looks primed to print a bull flag. Chart hints at return of the bulls It may …

‘All bears will die’ — Bitcoin metric prepares to flip green for the first time in 6 months Read More »

The day the crypto traders have long-awaited is almost here. At the opening bell on Oct. 19, a ProShares futures-based BTC ETF is scheduled to launch and analysts are predicting that additional ETFs will rollout over the coming week.  Data from Cointelegraph Markets Pro and TradingView shows that an early morning attempt by bears to …

Here’s why analysts are saying ‘No FOMO’ ahead of Bitcoin’s ETF launch Read More »

Institutional inflows into cryptocurrency products rose last week, as investment managers increased their exposure to Bitcoin (BTC) and leading altcoins, according to the latest CoinShares report.  Total assets held by institutional managers reached $72.3 billion for the week ending Sunday, Oct. 17, the highest level on record. By comparison, institutional crypto holdings were worth $57 …

Institutional managers hold a record $72.3B of crypto — CoinShares Read More »

The New York State Governor Kathy Hochul has been asked by a group of local businesses to deny permits for converting the city’s old fossil-fuel power plants into crypto mining centers. The request comes in the form of a letter cosigned by a number of organizations, businesses and labor groups. The letter calls for an …

New York businesses ask governor to deny permits for crypto mining Read More »

Bitcoin (BTC) market’s tendency to crash by over 80% after logging strong bull runs might come to an end. That is according to a new report published by California-based hedge fund Pantera Capital. In detail, the report notes that the recent periods of BTC price drops have been less severe than in the past. For …

Next Bitcoin price crash will be ‘shallower’ than 80%, says Pantera Capital CEO Read More »

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Yat Siu, the co-founder, group executive chairman and managing director of Animoca Brands, who leads various NFT projects. …

6 Questions for Yat Siu of Animoca Brands Read More »