PRESS RELEASE. Excitement is brewing in the heart of Asia as Hong Kong regulators pave the way for a new era of innovation with the recent approval of spot Bitcoin exchange-traded funds (ETFs). This groundbreaking development underscores Hong Kong’s commitment to becoming a regulated hub for Bitcoin. At the same time, the Bitcoin Conference is […]
Historic Yield Curve Inversion Reaches 656 Days, Echoing Pre-Stock Market Crash Patterns
Based on the latest data, the yield curve of the U.S. Treasury, which charts the yields for two-year and ten-year bonds, has remained inverted for a total of 656 days. This latest inversion joins previous records set in 1929, 1974, and 2008, all of which preceded substantial declines in the stock market. Recently, market observers […]
Bitcoin Halving, Runes Proliferation Results in Historic Fee Increases, Crypto Community Reacts
Following the Bitcoin halving event, onchain fees climbed to over $ 240 per transaction just an hour later, and as of now, a high-priority transfer costs between $ 52 and $ 78 per transaction at 10:30 a.m. Eastern Time on Saturday. The increasing fees have prompted a flood of comments from individuals …
Bitcoin’s Climbing Value Outshines Global Silver Market in Historic Pre-Halving Surge
Bitcoin’s ascent past the $ 72,000 mark has elevated its market capitalization beyond the combined worth of all the world’s silver. The cryptocurrency has seen a 52.7% increase in value relative to the U.S. dollar over the past month, with 41.1% of this uptick occurring within a mere two weeks. Bitcoin Retakes the 8th …
Bitcoin Whale From 2015 Moves ‘Sleeping Bitcoins’ Worth $163M as Historic Wallets Wake Up
As bitcoin remains stable above the $ 69K mark, an entity from 2015 made onchain waves by moving 2,352.62 bitcoins valued at more than $ 163 million. This individual executed the transfer through 80 distinct transactions, after letting the bitcoins remain untouched for more than eight years. 2015 Bitcoin Cache Comes Alive On …