Your Daily Digest of Global Stories
Fink rules out that the expansion of the use of bitcoin has to do with regulatory issues. In the businessman’s opinion, “we will see an expansion of the digital asset market.” Larry Fink, CEO of BlackRock, the largest asset management company in the world, recently assured that the expansion of bitcoin (BTC) will not depend…
“Institutional investors are showing renewed interest,” the report says. Regulatory challenges represent the main obstacle to broader adoption, they point out. A study by the Alternative Investment Management Association (AIMA) reveals that investment in cryptocurrencies by traditional hedge funds in the United States has increased significantly. According to him reportinvestments in digital assets increase as…
In general, there is optimism for bitcoin in this last quarter of the year. The US election results could catapult bitcoin to new heights. The bitcoin (BTC) and cryptocurrency market remains neutral for the fifth consecutive day. This is according to the fear and greed index polled by the Alternative explorer. In this way, the…
The average cost of large whales is around $40,000. Bitcoin has never fallen below that average cost, CryptoQuant shows. Although the price of bitcoin (BTC) has been well above $40,000 (USD) since early 2024, it remains a key level in case of a deep pullback. The reason is that The average cost per bitcoin of…
Whales are buying bitcoin on-chain and that drives the price. In the medium and long term, bullish expectations for bitcoin continue. Bitcoin (BTC) is holding firm in a significant price range. At the time of this publication, it is trading around $61,300, reflecting an increase of 0.84% compared to the previous day. This increase occurs…
According to the CEO of CryptoQuant, the market has never seen so much bitcoin accumulation. The outflows of money from ETFs and the conflict in the Middle East generate downward pressure on the asset. Bitcoin (BTC) is trading this Thursday, October 3, near $60,000. As of this publication, it remains above that price mark. This…
Franklin Templeton’s OnChain US Government Money Fund (FOBXX) has expanded its presence in the cryptocurrency ecosystem by launching on the Aptos network, adding a fifth network to its offering. According to what was stated, institutional investors can allocate funds using your cryptocurrency wallets on the platformwith the option to keep your assets on the Aptos…
So far in 2024, DeFi has surpassed $500 million in fees on ETH. The Uniswap exchange site is one of the most used platforms on Ethereum. The adoption of the decentralized finance ecosystem (DeFi) on the Ethereum (ETH) network is undoubtedly. So much so that, for the fourth consecutive year, users who participate in this…
Metaplanet, an investment firm from Japan, dubbed the “Japanese MicroStrategy” for its bitcoin (BTC) investment strategy, announced the acquisition of 107.9 BTC. This purchase, detailed in a disclosure document on Tuesday, October 1, adds approximately $6.9 million to your total investment in the digital currency. To date, Metaplanet has accumulated 506.74 bitcoinwhich represents an investment…
The bitcoin (BTC) market has experienced notable dynamics in recent days. There was an 8-day streak of positive net inflows into BTC spot exchange-traded funds (ETFs) that has directly influenced the buying pressure in the market. This phenomenon has been consolidated since September 19, 2024, with the price of bitcoin remaining firmly above $63,500. Monday,…
