Weekly Cryptocurrency News (+Asia Special) | Strong interest in German authorities’ seizure of 320 billion yen worth of Bitcoin and SkyBridge founder’s market forecast
This week’s news We bring you a summary of the crypto asset (virtual currency) news that attracted the most attention over the past week (1/27-2/2). This week, the most popular articles include the seizure of Bitcoin (BTC) by German authorities,…
Bitcoin monthly chart suggests a trend change signal, with a short-term possibility of testing the top price | Contributed by a bitbank analyst
Virtual currency market prices from 1/27 (Sat) to 2/2 (Fri) this week Mr. Hasegawa, an analyst at Bitbank, a major domestic exchange, illustrates this week’s Bitcoin chart and deciphers the future outlook. table of contents Bitcoin on-chain data bitbank contribution…
Bitget BTC halving study: 84% investors predict Bitcoin will hit a new ATH
Bitget’s report reveals that 84% of survey participants predict Bitcoin (BTC) will hit a new all-time high in 2024. About 70% say they have plans to add to their crypto investments as they eye the next bull run. Bitget, one…
Germany’s DZ Bank set to pilot crypto trading
DZ Bank, Germany’s 2nd largest, will pilot crypto trading for cooperative banks. The initiative aims to meet rising customer demand for direct access to cryptocurrencies. DZ Bank’s move reflects a broader trend of traditional banks embracing digital assets amid institutional…
Why I invest in Bitcoin for the long term | CoinDesk JAPAN
I expect the demand for Bitcoin (BTC) to increase for two major reasons, and I believe the price will rise over the next few years. Bitcoin will become a global reserve currency: it will be a borderless, neutral currency that…
Crypto Analyst Warns Of Bitcoin Downturn, Cites Tether Trends
Published by Benzinga Cryptocurrency analyst Justin Bennett has warned about a possible downturn in Bitcoin’s (CRYPTO: BTC) value. Last Friday, in a post on X, formerly Twitter, Bennett suggested that Bitcoin may not have reached its market bottom yet. His…
Securing the Future: The Role of Face ID Checks in Bitcoin Transactions
In the ever-evolving landscape of the Bitcoin industry, where security is paramount, innovative measures are continually being explored to safeguard digital assets and transactions. Face ID checks have emerged as a powerful tool in the Bitcoin space, providing a seamless…
BlackRock and ProShares Bitcoin ETF exceeds GBTC in daily trading volume | CoinDesk JAPAN
BlackRock’s IBIT and ProShares’ BITO on the 1st surpassed Grayscale’s GBTC in trading volume for the first time since Bitcoin ETFs (exchange traded funds) were launched in the United States. The daily trading volume was $306 million (approximately 44.37 billion…
Traders prefer Bitcoin even as Ethereum ETF awaits | CoinDesk JAPAN
The current prices of Ethereum and Bitcoin futures indicate that traders expect Ethereum to underperform Bitcoin in the coming months. It remains unclear whether a Spot Ethereum ETF will go live this year, as the U.S. Securities and Exchange Commission…
10 US Bitcoin Spot ETFs Total Net Inflows of 19,000 BTC in January
Bitcoin ETF performance in January The 10 Bitcoin spot ETFs approved in the US on January 11th saw a total of 19,000 BTC (net flows) inflows. In US dollars, this is equivalent to $820 million. Of these stocks, Grayscale’s GBTC…