Bitcoin’s recent price drop and resistance at previous all-time highs suggest a potential delay in the bull run, making the $104.5K weekly close a key level to watch.
Author: Bruno
Bitcoin Supply Shock Imminent? Sygnum Predicts Amplified Price Impact
Sygnum’s Head of Research, Katalin Tischhauser, suggests Bitcoin is entering a supply shock phase, potentially leading to significant price appreciation due to increased demand.
FTX Distributes $5 Billion to Creditors: Decoding the Market Impact
The FTX Recovery Trust has commenced a second round of payouts, distributing $5 billion to creditors. This news raises questions about the potential impact on the broader crypto market.
NYC Comptroller Rejects Bitcoin-Backed Bond Proposal: A Setback for Crypto Adoption?
New York City Comptroller Brad Lander has rejected Mayor Eric Adams’s proposal to issue a Bitcoin-backed “Bitbond,” citing financial risks and undermining investor confidence. What does this mean for the future of crypto in NYC?
ETH and SOL Staking ETFs Poised for Launch: A Regulatory ‘End-Around’?
Analysts predict the imminent launch of Ethereum and Solana staking ETFs after REX Shares utilizes ‘regulatory workarounds’ in their filings, potentially reshaping the ETF landscape.
SharpLink Gaming Eyes $1B ETH Purchase: Is This Ethereum’s ‘Michael Saylor’ Moment?
Sports betting platform SharpLink Gaming plans a $1 billion ETH acquisition, drawing comparisons to Bitcoin’s Michael Saylor and sparking debate about its potential impact on the Ethereum market.
BlackRock’s IBIT ETF Sees Record Outflow: Is the Bitcoin ETF Hype Cooling Down?
BlackRock’s Bitcoin ETF (IBIT) ended its impressive 31-day inflow streak with a record-breaking outflow. This raises questions about the sustainability of the ETF-driven Bitcoin rally and its potential impact on the market.
US Government Urges Court to Reject Coinbase User’s Crypto Records Fight: What It Means for Your Privacy
The US government is pushing back against a Coinbase user’s attempt to shield his crypto transaction records from the IRS. Here’s a breakdown of the case and its implications for crypto privacy.
IMF Flags Concerns Over Pakistan’s Bitcoin Mining Initiative: Will It Derail Crypto Ambitions?
The IMF is questioning Pakistan’s allocation of 2,000 MW for Bitcoin mining amidst financial constraints. This analysis explores the potential impact on Pakistan’s crypto adoption and the broader market.
Crypto Kidnap & Ransom Insurance: Why Insurers are Rushing to Offer Protection
Growing concerns over violent attacks targeting cryptocurrency holders are pushing insurance companies to develop specialized kidnap and ransom (K&R) policies for the crypto community.