Former U.S. President Donald Trump recently took to social media to voice strong support for Bitcoin (BTC), urging against policies that could hinder its development. This move positions Trump as the first major party candidate to endorse Bitcoin, sparking discussions about the potential of BTC as a strategic reserve asset....

The Bitcoin market is bracing for a significant event as the defunct Bitcoin exchange Mt. Gox has announced plans to start refunding affected customers with Bitcoin (BTC) and Bitcoin Cash (BCH) as early as this week. This announcement has garnered widespread attention and concern within the cryptocurrency community, with fears...

Bitcoin prices saw a significant decline of 6.96% last month. According to Coinglass, which has tracked Bitcoin’s monthly returns since 2013, Bitcoin’s historical average decline for June is 0.35%. Data indicates that whenever Bitcoin experiences a drop in June, it tends to rebound strongly in July, with an average historical...

Whale activity significantly impacts cryptocurrency prices, and recent analyses have highlighted this intriguing trend. Additionally, a crucial ETH indicator suggests that investors might soon witness a price surge. On the 28th, cryptocurrency prices experienced another pullback. Bitcoin (BTC) fell over 1%, dropping below $61,000, while Ethereum (ETH) declined by 2%,...

On Thursday, Reuters, citing unnamed sources, reported that the U.S. Securities and Exchange Commission (SEC) might approve an exchange-traded fund (ETF) linked to the spot price of Ethereum as early as July 4th, following final negotiations between asset management firms and regulatory authorities. Currently, eight asset management companies, including BlackRock,...

The UK’s Financial Conduct Authority (FCA) has increased its dedicated cryptocurrency workforce to 100 employees. This expansion addresses new regulatory challenges in the digital assets market. According to data obtained through a Freedom of Information request, these employees are spread across six teams focused specifically on cryptocurrency. Since 2020, the...

The global cryptocurrency market is experiencing significant turbulence once again. On June 25, Bitcoin’s value against the US dollar plummeted, briefly falling below the $60,000 mark. Within just 24 hours, it dropped approximately 7%, marking the first time Bitcoin has fallen below $60,000 since early May. As of this writing,...

According to Bloomberg data, Bitcoin has recently plummeted from its peak of $72,000, briefly dipping below the $60,000 mark, marking a decline of approximately 20%. This significant drop has led to discussions about whether Bitcoin has officially entered a technical bear market. Several factors contribute to Bitcoin’s recent downturn. Continuous...

This month, Bitcoin’s price has experienced a rollercoaster ride. After surging to nearly $70,000, close to its all-time high in March, it then sharply reversed direction. Currently, BTC has fallen below $63,000, diverging from the continued rise of the Nasdaq index. This decline is primarily due to accelerated selling by...

Bitcoin has recently experienced a significant pullback, with its price falling below $63,000 on Monday, down nearly 15% from its high. Altcoins have fared even worse, with the average price of the top 115 cryptocurrencies dropping by over 50%. This has left many investors questioning whether the anticipated “bull market”...