Bitcoin’s recent price drop raises concerns about a potential delay in its bull run. Analysis points to the $104.5K weekly close as a key level to watch for confirmation of continued bullish momentum.
Tag: Bitcoin Adoption
BlackRock’s IBIT ETF Sees Record Outflow: What Does It Mean for Bitcoin?
BlackRock’s IBIT Bitcoin ETF ended its 31-day inflow streak with a massive outflow, raising questions about the ETF’s impact on Bitcoin’s price and market sentiment.
US Government Urges Court to Reject Coinbase User’s Crypto Records Fight: Here’s Why It Matters
The US government is pushing back against a Coinbase user’s attempt to shield his crypto transaction records from the IRS. This has significant implications for crypto privacy and regulation.
IMF Concerns Over Pakistan’s Bitcoin Mining Plan: A Potential Roadblock?
The IMF is scrutinizing Pakistan’s decision to allocate 2,000 MW for Bitcoin mining amidst financial negotiations, raising concerns about legality, energy shortages, and economic impact.
Crypto Kidnap & Ransom: Insurers Race to Cover Growing Threat
A surge in violent attacks on crypto holders is driving insurers to develop kidnap and ransom policies tailored for digital asset investors.