Michael Saylor, a renowned Bitcoin advocate, has declared the potential approval of a spot BTC exchange-traded fund (ETF) as possibly the most significant development on Wall Street in the last three decades. Speaking with Bloomberg […]
The potential approval of a spot Bitcoin ETF (exchange-traded fund) by the US Securities and Exchange Commission (SEC) has been a topic of intense speculation in the cryptocurrency market. Recent developments suggest that the financial […]
Last week, bitcoin (BTC) rallied past $44,000 but hit a significant resistance level at almost $45,000 and came tumbling down. According to a report by an analyst at market analytics platform CryptoQuant, profit-taking by a […]
The S&P 500 Index (SPX) rose 2.49% last week, extending its string of weekly gains to seven weeks, the longest such winning streak since 2017. However, Bitcoin (BTC) could not maintain its momentum and succumbed […]
A new Needham & Company (Needham) survey found that retail investors are unlikely to drive inflows into a Bitcoin (BTC) exchange-traded fund (ETF) unless Bitcoin’s price continues to increase. The asset is already up over […]
The price of bitcoin (BTC) has entered a correction phase following the asset’s rally to and beyond the $44,000 mark. A weekly report from the on-chain analytics platform CryptoQuant revealed that several valuation metrics show […]
Bitcoin (BTC) on-chain transaction fees are dividing opinion as the cost of sending BTC skyrockets. Data from the statistics resource BitInfoCharts puts the average transaction fee at nearly $40 as of Dec. 17. Commentators: High […]
In the cryptocurrency market, Bitcoin stands as a beacon of potential, drawing attention from institutional investors. Jan van Eck, CEO of VanEck, expressed his confidence in Bitcoin’s future, forecasting an all-time high next year. His […]
Developing countries will continue to adopt Bitcoin (BTC) before it eventually becomes imperative for all national treasuries to hold, according to $1.5 trillion asset manager Frankin Templeton. The investment firm’s Head of Digital Asset & […]
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past week in DeFi saw an […]