Risk-averse investing in cryptocurrency may seem unlikely, but several U.S. fund providers are introducing ETFs aimed at easing these concerns. These funds will invest in bitcoin while using derivatives to protect against losses. With bitcoin’s value rising significantly this year, many investors who hesitated can now gain exposure without the same level of risk. The ...
Justin Sun, a prominent cryptocurrency entrepreneur, recently gained attention on social media after he ate a banana artwork he purchased for Rs 52 crore, which was a banana taped to a wall. During a press conference at The Peninsula in Hong Kong, he peeled off the tape and enjoyed the fruit, declaring it “much better ...
Bitcoin balances on cryptocurrency exchanges have fallen to historic lows, indicating a significant reduction in available supply. A recent report by 10X Research underscores this trend, noting a sharp drop in the amount of Bitcoin that can be purchased. Unlike previous trends, there has been no recent influx to replenish exchange reserves, leading to a ...
The cryptocurrency Market is currently experiencing a surge, but retail investors are not jumping in like they did during the pandemic, as many remember the rapid collapse of the 2021 bubble. While interest is growing, retail trading is still below previous levels, suggesting many investors are watching from the sidelines. Institutional demand, partly fueled by ...
The cryptocurrency Market is currently experiencing a surge, but retail investors seem hesitant to jump back in, likely due to memories of the rapid downturn during the 2021 bubble. While Bitcoin trading is increasing, experts note that interest from retail investors has not yet matched previous highs, indicating many are still watching from the sidelines. ...
After Bitcoin’s recent surge of nearly 40%, many investors are optimistic about a potential boost from a Donald Trump presidency. As Trump steps into office, a pro-business regulatory environment for cryptocurrency is expected, with the possibility of new legislation that could favor Bitcoin and alleviate SEC restrictions on various cryptocurrencies. The introduction of a strategic ...
On Thanksgiving four years ago, the cryptocurrency world faced a significant downturn known as the “Thanksgiving Day Massacre.” Between November 24 and 27, 2020, Bitcoin’s price dropped from around $19,500 to $16,200, a nearly 17% fall. However, if you had invested $1,000 during this dip, buying about 0.0617 BTC, your investment would be worth approximately ...
In a remarkable move, over 55,000 BTC, worth around $5.34 billion, were withdrawn from exchanges in just 72 hours, indicating strong demand and accumulation among investors. Currently, Bitcoin’s Fear & Greed Index shows “extreme greed,” a sign that may foreshadow Market corrections based on historical trends. With Bitcoin surpassing $99,000, exchange reserves are at their ...
The cryptocurrency landscape is undergoing a notable shift as bitcoin reserves on centralized exchanges like Binance and Coinbase are declining. This trend points to changing investor habits, with more people opting for self-custody solutions instead of keeping their assets on exchanges. From January to November 2024, Coinbase’s reserves dropped significantly, whereas Binance’s reserves remained relatively ...
Brian Christopher Aguilar, a Cebu-based entrepreneur, is making waves in the cryptocurrency world with his Ora Coin Foundation, which is worth PHP 1.3 billion. His innovative One Billion Tree Planting Initiative aims to combat deforestation across Southeast Asia and the Middle East. Each Ora Coin token represents a tree planted, tracked by a 3D GPS ...
