Bitcoin’s strength has improved crypto sentiment, pulling altcoins like IMX, KAS, TIA and STX higher. Risky assets have been on a roll for several days. The S&P 500 Index has notched five successive weeks of gains, and Bitcoin (BTC) also rose more than 13% this week, indicating aggressive buying by the bulls. BitMEX Research data...Continue Reading

According to Grayscale, Bitcoin ETFs can fundamentally change the cryptocurrency’s demand-supply ratio, counterbalancing the halving’s sell pressure. Fundamental changes to Bitcoin’s demand-supply equation are likely to have a greater impact on the cryptocurrency prices following the upcoming halving, according to an analysis from asset manager Grayscale.  Historically, periods of price appreciation have followed halving events....Continue Reading

Bitcoin ETF inflows are shaping a BTC price transformation that could see it surpass its all-time highs this year. Bitcoin (BTC) has a new six-figure price target for 2024 as institutional inflows flood the market. In fresh analysis on X (formerly Twitter) on Feb. 11, Ki Young Ju, CEO of analytics platform CryptoQuant, predicted $112,000...Continue Reading

Adedeji Owonibi, the Co-founder of A&D Forensics, a blockchain intelligence service provider, pointed out that the lack of regulations in Nigeria’s crypto space permits various practices to go unmonitored. The Nigerian government would need to regulate cryptocurrency activities to curb financial crimes, especially money laundering, according to Adedeji Owonibi, the Co-founder of A&D Forensics, a...Continue Reading

FTX’s legal team clarified that since FTX U.S. hasn’t been restarted, Digital Custody Inc. holds little value for the estate, hence the sale. The FTX Debtors estate, led by CEO John Ray III, has filed to sell another one of its assets: Digital Custody Inc. (DCI), which it bought for $10m to CoinList for a...Continue Reading

Hong Fang, president of crypto exchange OKX, emphasized that Argentina represents “a crucial launchpad” for the crypto exchange’s regional growth strategy. Cryptocurrency exchange OKX has announced its expansion into Argentina as part of its ongoing strategy to target the Latin American market. The move follows its launch in Brazil in late 2023. In a recent...Continue Reading

Recent data reveals the Super Bowl has consistently drawn over 100 million viewers yearly since 2010. However, crypto exchange Kraken reportedly has no interest in advertising at the “U.S.-centric event.” This Sunday marks the annual Super Bowl LVIII, and there’s curiosity within the crypto community about rumors of no crypto ads appearing this year, similar...Continue Reading

Bitcoin ETFs experience a spike in volume, Binance delists Monero, and ARK plans to stake Ether ETF holdings. Total daily trading volume for spot Bitcoin exchange-traded funds (ETFs) topped a billion dollars on Feb. 7, with BlackRock leading the pack. Bloomberg Intelligence analyst James Seyffart described it as a big volume day for BlackRocks iShares...Continue Reading