Bitcoin Transfer Volumes See Massive Uptrend In Institutional Dominance, Signaling Market Breakout

Institutional investors continue demonstrating their dominance in the Bitcoin market. According to on-chain data provider, Glassnode, 65% of recent transactions’ transfer volume in the market exceeds the level of $1 million, implying that institutional investors are mostly responsible for the current changes in the structure of Bitcoin holders and potential price changes in the following weeks. The growing institutional dominance […]

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$BTC: SkyBridge Capital Founder Explains Why We Should Expect ‘A Lot of Volatility’

In a recent interview, former White House Director of Communications Anthony Scaramucci, who is the founder and managing partner of global alternative investment firm SkyBridge Capital (“SkyBridge”), shared his thoughts about Bitcoin. SkyBridge is “a global alternative investments firm specializing in multi-strategy commingled fund of hedge funds products, custom separate account portfolios and hedge fund advisory solutions to address the needs of a […]

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Paris Hilton on Buying the Dip in Crypto and ‘First NFT Giveaway in Television History’

In an appearance on Jimmy Fallon’s “The Tonight Show“, American celebrity Paris Hilton, talked about her most recent experience with non-fungible tokens (NFTs). According to her bio, “since starring in “The Simple Life,” Hilton has built a global empire as a businesswoman, influencer, activist, DJ, designer, investor, recording artist, philanthropist, host, actress, chef, model and author.” Here is what her […]

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Newly Introduced Bill Would Make Arizona First-Ever U.S. State To Declare Bitcoin Legal Tender

A senator from Arizona has introduced a bill that would allow the state to adopt bitcoin as legal tender. The bill, if passed, would require citizens and businesses in Arizona to accept bitcoin as payment alongside the U.S. dollar. However, the chances of this legislation succeeding are quite low because the United States Consitution currently bars states from creating their […]

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Bitcoin Whales are Taking Advantage of the Ongoing Crypto Plunge

As noted by Santiment, Bitcoin whale addresses with 100+ bitcoins continue to accumulate in the 34k-38k range amid this volatility. The bitcoin crash shook the market when the digital asset plunged over 50% of its all-time high value to $33,000. Market sell-offs created a ripple effect across the financial space, impacting the crypto market heavily. Investors scrambled to get rid […]

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Pro-Crypto Lawmaker Bashes SEC For Rejecting Fidelity’s Spot Bitcoin ETF

A pro-crypto lawmaker is furious that the U.S Securities and Exchange Commission (SEC) has refused to approve a spot bitcoin exchange-traded fund (ETF) yet again. After delaying the decision on Fidelity’s application for the Wise Origin Bitcoin Trust a couple of times, the securities watchdog has finally indicated that it is denying the proposal. Rep.Tom Emmer, the four-term Republican member […]

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