The crypto market lodestar has been smashing records since the beginning of this month. The Bitcoin rally gathered pace on Friday after reports emerged that the very first BTC exchange-traded fund (ETF) in the United States is likely to debut in the near future following expected approval by the Securities Exchange Commission (SEC). Bitcoin Futures ETF Approval Imminent  According to […]

Key takeaways President of El Salvador Nayib Bukele opines that the world needs a “new economic system.” His comments all point to issues that Bitcoin proponents think the pioneer cryptocurrency can fix.  Critics remain unimpressed, but a bullish Bukele seems to pay no mind. El Salvador President Nayib Bukele has practically set up an office on Twitter as he has […]

Bitcoin rose to $58,000 to touch a new recent high of $58,500 with it currently trading at $57,500 as the crypto tries to overtake resistance. Ethereum has also jumped to above $3,700 with it significantly lagging behind bitcoin as the latter seemingly takes the show. What exactly is driving it is not clear. Some say the eight years and one […]

The crypto industry is finally taking initiative to shape regulations with one proposal gaining pace being the establishment of a crypto self-regulating organization (SRO). “The organization would have a code of conduct for all members. Priority topics would include prevention of market manipulation, sound custody practices, robust AML/sanctions requirements and consumer protection, including prohibition of deceptive trading practices,” Michelle Bond, […]

Larry Fink, CEO of the world’s largest asset manager with $9 trillion in assets under management, BlackRock, has revealed he “can’t tell” if the flagship cryptocurrency bitcoin is going to move up to $80,000 or $0 in the future, but reiterated excitement about the future of cryptocurrency. Speaking to CNBC’s “Squawk Box,” Fink noted that he is “not a student […]

The ongoing cryptocurrency headwinds for miners in China continue to present endless opportunities to the United States with politicians now more than ever, turning their attention to the already burgeoning sector. In the recently concluded Texas Blockchain Summit, Ted Cruz pointed out that the vast renewable energy produced in the south-central region of the U.S., Texas was a great opportunity for […]

Predictions that Bitcoin will bounce back to its all-time high level this October are slowly coming to fruition, as Bitcoin bulls smashed through $50,000 and successfully held resistance for five days, at $55,000. The upswing in price is the result of Bitcoin rallying more than 30% in the last 7 days and from the look of things, the market is […]

Institutional interest in bitcoin has risen to a five months high with $225 million invested through stock traded bitcoin products as pictured above. That makes it the 8th week in a row of positive inflows during which $638 million has been invested according to the latest report by CoinShares. ETC Group saw the most inflows with $165 million invested. Their […]

Bitcoin resumes its bull run after its plunge in may. In fact, it is one of the most impressive assets, recording a 15% increase in the past week. When the global markets are in a shaky position due to the concern for inflation, increased energy prices and increased covid-19 cases, bitcoin stood out with its narrative of anti-inflation and store […]