The Chief Investment Officer (CIO) of Bitwise, Matt Hougan, recently shared insights on the future of spot Bitcoin exchange-traded funds (ETFs) during a 20-day road trip he embarked on. His observations shed light on the current state of adoption and allocation trends among investors and institutions. Hougan’s encounters with financial advisors revealed a stark contrast
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In recent weeks, Bitcoin bulls have regained control, bringing a bullish sentiment back to the market after a period of price dips. One clear indicator of this bullish outlook is the impressive amount of inflows into Spot Bitcoin ETFs. Farside Investors reported a significant increase in inflows on March 27, with the Spot Bitcoin ETFs
The recent surge in the price of Bitcoin has attracted the attention of large investors known as whales, who hold at least 1,000 BTC in their wallets. These whales have been taking advantage of the dip in Bitcoin’s price to accumulate more coins, with the number of addresses holding at least 1,000 BTC increasing by
In recent days, KuCoin, a prominent cryptocurrency exchange, has faced a significant surge in withdrawal requests following the announcement of criminal charges by US authorities. Various on-chain analytics firms, such as DefiLlama, Nansen, and SpotOnChain, have reported a sharp increase in withdrawals across different categories of traders, including whales, funds, smart money, and market makers.
The cryptocurrency market has seen a significant surge in meme coins recently, with coins like DogWifHat (WIF) and Dogecoin (DOGE) leading the charge. DogWifHat has experienced a remarkable 42% increase in value over the last seven days, while Dogecoin has surged by 37%. These gains have outpaced more traditional cryptocurrencies like Bitcoin and Ethereum, which
Portugal’s National Data Protection Commission (CNPD) has made the decision to ban Worldcoin from collecting biometric data for a period of three months. The reasons behind this ban are related to the company’s alleged failure to verify the age of its members, leading to the collection of data from minors without proper parental consent. Additionally,
The meme coin market has been buzzing with excitement as new coins like LIGMA token and Dogecoin20 gain traction among investors. These coins promise significant returns and unique value propositions, making them attractive investment opportunities for many. In this article, we will delve into the current price trends of LIGMA token and explore whether Dogecoin20
Recent data from crypto analytics firm Glassnode has indicated that the amount of Bitcoin held on Coinbase has dropped to a 9-year low. This decline, with a balance of 344,856 BTC on March 18, suggests that investors are opting to move their holdings off exchanges and hold for the long term rather than selling. This
As per Rekt Capital, a cryptocurrency expert and enthusiast, the recent Bitcoin pre-halving retrace bears a resemblance to the one that occurred in 2020 before the crypto asset surged to its previous all-time high. Bitcoin, being the largest cryptocurrency asset, is currently showcasing momentum as it climbs over $70,000, recovering from a recent downward trend.
KuCoin CEO Johnny Lyu recently addressed the US criminal charges against the exchange, stating that they will not impact the platform’s operational stability. He reassured users that their funds are secure and that timely updates will be provided. The exchange’s official statement reiterated the safety of funds and mentioned that lawyers are investigating the allegations.