Former Commerce Secretary Warns US Headed for Recession
Former Commerce Secretary Wilbur Ross has warned of an impending U.S. recession due to the lingering effects of pandemic-related stimulus....
Bitcoin News
Bitcoin Mining Shutdown Cause 20% Hike in Electricity Bills
The closure of a Bitcoin mining operation in Hadsel, Norway, could reportedly lead to an estimated 20% increase in household...
Positive Bitcoin Sentiment Surges to Yearly Highs: Here’s Why That’s Bad for BTC
Over the past two to three days, positive sentiment across the Bitcoin market suddenly surged to a level not seen...
AI Powerhouse Openai Reportedly Seeking to Raise $6.5 Billion at a $150 Billion Valuation
Openai, the company at the center of the artificial intelligence (AI) revolution, is reportedly seeking to raise $6.5 billion from...
MicroStrategy Purchased Additional Bitcoin Worth $1.1 Billion
MicroStrategy has made a remarkable financial maneuver by converting $1.1 billion worth of its shares into 18,300 Bitcoin (BTC). The...
These On-Chain Indicators Say “Sideways Summer” Is Over For Bitcoin
After six months of sideways chop, multiple on-chain indicators say Bitcoin may finally be prepared for an epic price breakout,...
India, Nigeria, Indonesia Lead Chainalysis 2024 Crypto Adoption Index
India, Nigeria, and Indonesia top Chainalysis’ latest global crypto adoption index, which ranks 151 countries based on grassroots cryptocurrency usage,...
Jaw-Dropping Energy Difference Between PoS Altcoins and Bitcoin
How green is crypto, really? Activists accuse the industry of environmentally-hazardous side effects, but how true are these claims? What...
Metaplanet Stock Soars 6% Following Another Bitcoin (BTC) Acquisition
Japanese investment firm Metaplanet Inc. announced today that it has purchased an additional 38.464 BTC, worth approximately 300 million yen...
Nigerian Regulator Threatens Crackdown on Unlicensed Crypto Entities
The Nigerian Securities and Exchange Commission (SEC) has vowed to crack down on unlicensed cryptocurrency businesses targeting Nigerians. This comes...
Bitcoin ETFs Attract Over 1,000 Institutional Investors
Since their debut in the US market in January 2024, spot Bitcoin exchange-traded funds (ETFs) have been a magnet for...
Where’s The Bitcoin Price Bottom? 3 Educated Guesses
Bitcoin’s market price on crypto exchanges fell to its lowest price since the early August massacre when it dumped below...
UBS: European Real Estate Markets Enter New Cycle
UBS reported on Thursday that European real estate markets appear to be entering a new investment cycle, with key indicators...
Bitcoin ETFs Outflows Surpass $1 Billion in 8 Days
US Bitcoin exchange-traded funds (ETFs) have recorded net outflows for eight days in a row, resulting in a loss exceeding...
Venezuelan Opposition Leader Proposes Bitcoin as National Reserve Asset
María Corina Machado, a leading figure in Venezuela’s opposition, has proposed a plan to adopt Bitcoin (BTC) as a national...
FTC Urges Caution as Bitcoin ATM Fraud Cases Skyrocket
The Federal Trade Commission (FTC) has reported a sharp rise in scams involving bitcoin ATMs, with fraud losses increasing nearly...
Zero Flows in 4 of 5 Days
On Tuesday, BlackRock’s iShares Bitcoin ETF recorded another day of zero inflows, while US spot Bitcoin (BTC) ETFs continued their...
Bitcoin Dipping its Toe into Global Finance
In a post on X on Sept. 4, the American billionaire businessman said that Bitcoin has been an outsider to...
China and South Africa Boost BRICS Ties: Key Outcomes from Xi’s Meeting With Ramaphosa
China and South Africa committed to deepening cooperation within the BRICS framework during South African President Cyril Ramaphosa’s second state...
Fed Rate Cut Could Push Bitcoin (BTC) to $45K: Bitfinex Analysts
With the United States Federal Reserve (Fed) poised to implement a new monetary policy in September, Bitfinex analysts warn that...
SEC Warns FTX Over Legality of Crypto Asset Distribution in Chapter 11 Plan
The U.S. Securities and Exchange Commission (SEC) has raised concerns over FTX’s plan to pay back claims using its “crypto...
Key Bitcoin Risks to Monitor This September
Bitcoin investors are bracing for September, historically the worst month for the cryptocurrency’s price. Digital assets platform Matrixport has issued...
