Thursday, May 2, 2024
Bitcoin's decentralized spirit is threatened by the increasing centralization of mining operations. Major financial institutions are involved in BTC mining, further centralizing decision-making. This change may align it more with traditional financial systems.
Among his main expectations are a reduction in volatility, an increase in portfolio participation and a target price of more than $250,000. Matt Hougan, chief investment officer at Bitwise, has shared his predictions...
If this milestone is achieved, USDT dominance would have a contender for the first time. The largest investment asset manager in the world, BlackRock, could become a pioneer in the regulated stablecoin sector...
The SEC is seeking public comments on BlackRock's Ethereum spot ETF. The new proposal moves from an ether-based exchange model to a cash-based one. Skepticism persists about the chances of approval of cryptocurrency ETFs.
After a rollercoaster year in 2023, the dog-themed meme coin is showing signs of life in the first half of 2024. Shiba Inu (SHIB), the self-proclaimed “Dogecoin Killer,” is in the news again....
American billionaire and businessman Brock Pierce is involved in numerous controversies. According to the billionaire, Bitcoin will reach $1 million or fall to zero and everyone will forget about it. When purchasing cryptocurrencies, it is advisable...
Institutional interest in cryptocurrencies increases in Canada, with 39% exposure. A KPMG survey reveals that 50% of financial services already offer cryptoasset services. Factors driving growth include rising US debt, dollar inflation and regulatory clarity.
There was a break above a key bearish trend line with resistance at $540 on the 4-hour chart of the BNB/USD pair (data feed from Binance). The pair could gain bullish momentum if it breaks the...
On April 22, Willy Woo, an on-chain analyst, posted via X that the tides are turning in the age-old battle between gold and Bitcoin. While gold has enjoyed a 6,000-year reign as a...
This update can help to make investment decisions, understand regulatory changes, stay on top of technological developments, understand emerging use cases, and keep assets safe in the crypto ecosystem. Bitwise Chief Investment Officer...