While numerous so-called ‘dino’ cryptocurrencies have begun to reawaken, the Bitcoin fork known as bitcoin gold (BTG) has experienced an astonishing rise of 140.31% within the last 24 hours. On Saturday, this digital asset oscillated between an intraday low of $ 9.30 and a high of $ 23.27. South Korea’s Upbit Drives Bitcoin …
South African Authorities Arrest Man Accused of Using Bitcoin to Fund Terrorist Activities
A South African law enforcement agency recently apprehended a 35-year-old man suspected of using cryptocurrency to fund terrorist activities. Suspicous Transactions A South African law enforcement agency recently apprehended a 35-year-old man who is alleged to have used cryptocurrency to fund terrorist activities. According to the Hawks, the man, whom they tracked to a house […]
Crypto ETFs Soar: Nearly $1 Billion Poured Into Bitcoin Funds in a Single Day
On Friday, spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) posted gains, reversing losses from the previous day. Approximately $ 908.10 million was poured into these ETFs, with dominant players like IBIT, ARKB, and FBTC securing the majority of the inflows. A Billion-Dollar Day: Bitcoin and Ether ETFs Deliver a Positive Ending to …
Bitcoin at 16: How Bitcoin Challenges Fiat’s Fragile Foundations
While many celebrate Bitcoin’s 16th anniversary it’s always a good idea to reflect on the fact that in contrast to fiat currency, bitcoin represents a fascinating attempt to anchor value in the immutable laws of cryptography, mathematics, and energy rather than the arbitrary decrees of governments. Fiat’s Illusion, Bitcoin’s Reality During its early years the […]
Bitcoin ETFs Bleed $242M, Blackrock Takes a $332M Hit in Massive Outflow
U.S.-based spot bitcoin exchange-traded funds (ETFs) experienced a downturn on Thursday, with a hefty $ 242.30 million in outflows draining from the 12 funds. Among them, Blackrock felt the brunt of the day’s trading, losing the most. Market Jitters: $ 242M Drains From U.S. Bitcoin ETFs, Blackrock Feels the Heat Data harvested from …