Bitcoin

Amid Rising ‘National Divorce’ Talks, Exploring the Potential Impact on US Dollar in Hypothetical Second Civil War

In the wake of Texas Governor Greg Abbott’s latest declaration, emphasizing Texas’ inherent constitutional right to defend itself and pointing to the Biden administration’s lack of enforcement of federal immigration statutes, the rhetoric around a potential “national divorce” or “civil war” has gained momentum on social platforms. This leads us to explore a theoretical situation […]
Cryptocurrency

9 Newly Launched Bitcoin ETFs Amass 132,170 BTC With Blackrock and Fidelity Commanding 70% of Total Holdings

At 10:30 a.m. Eastern Time (ET) on Friday, Grayscale’s GBTC reported a decrease of 10,871.56 bitcoin from its holdings compared to Thursday. In contrast, since its inception on Jan. 11, 2024, Blackrock’s IBIT has accumulated a total of 49,952.32 bitcoin worth $1.98 billion.
Grayscale’s GBTC Sees Significant Bitcoin Outflow as Blackrock’s IBIT and Other […]
Cryptocurrency

Bitcoin’s safe-haven status strengthened despite recent price crisis: Kaiko

Bitcoin has offered significantly higher returns than traditional safe-haven assets like gold, U.S. bonds, or the dollar. Data from Paris-based crypto analytical platform Kaiko showed that an investment in the top cryptocurrency in January last year would have yielded more than 100% returns, while similar investments in gold and other assets would have generated considerably […]
The post Bitcoin’s safe-haven status strengthened despite recent price crisis: Kaiko appeared first on CryptoSlate.
Cryptocurrency

OKX pulls plug on mining pool amid declining user and hashrate numbers

Crypto exchange OKX will discontinue its mining pool services due to “business adjustments” reasons, according to a Jan. 26 statement. The platform said it had halted new customer registrations, effective immediately. Existing users will retain access to the platform until Feb. 25, after which all mining pool-related services will be discontinued by Feb. 26. “Due […]
The post OKX pulls plug on mining pool amid declining user and hashrate numbers appeared first on CryptoSlate.
Cryptocurrency

Bearish Bitcoin leads to tumble in crypto stocks, with Coinbase taking a hit

The shares of several U.S.-listed crypto companies experienced substantial declines in their values due to the significant market downturn today, Jan. 23. Earlier today, Bitcoin’s price retraced more of the gains it made in anticipation of the U.S.-based spot exchange-traded fund (ETF) launches in the U.S. The flagship digital asset dropped below $39,000, marking its […]
The post Bearish Bitcoin leads to tumble in crypto stocks, with Coinbase taking a hit appeared first on CryptoSlate.
Cryptocurrency

The Coinbase premium is increasing ahead of the ETF

Analyzing the price of cryptocurrencies on Coinbase, especially compared with other global exchanges, is essential for understanding its impact on global market trends. Although the U.S. market may not always lead in terms of trading volume or liquidity, the pricing on Coinbase often sets a trend that resonates across the global cryptocurrency market, underscoring the […]
The post The Coinbase premium is increasing ahead of the ETF appeared first on CryptoSlate.
Cryptocurrency