Singapore's MAS opposes the launch of spot Bitcoin ETFs
The Monetary Authority of Singapore (MAS) made headlines recently by announcing a ban on Bitcoin spot ETFs for retail investors in the country, even though the investment product has been approved in the United States. This decision sets Singapore apart from its American counter ...
Bitcoin hashrate plummets 35% amid frost in Texas
The Bitcoin network's hashrate has experienced fluctuations due to various factors, and most recently, it has declined by 35% within a short period. This drop in hashrate can be attributed to restrictions on energy consumption in Texas caused by extreme weather conditions. ...
The trading volume of Bitcoin ETF shares per day exceeded the trading volume of all other ETFs
The daily turnover of recently launched spot Bitcoin exchange-traded funds in the United States has already surpassed the combined trading volumes of the 500 largest ETFs launched last year for other assets, according to information provided by Bloomberg Intelligence analyst Eri ...
Study: 12% of Salvadorans use Bitcoin for shopping
In a recent survey conducted by the Central American University José Simeon Cañas in El Salvador, it was found that approximately 12% of the local population had utilized Bitcoin as a form of payment for goods and services in 2023. This survey, which has been conducted annually, ...
Anthony Scaramucci: “Bitcoin will exceed $170,000 in 2025”
Renowned financial expert Anthony Scaramucci, founder and managing partner of SkyBridge Capital, is optimistic about the future of Bitcoin. Scaramucci believes that with the recent approval of spot exchange-traded funds (ETFs) for Bitcoin and the upcoming halving event, the pric ...
Arthur Hayes: “Bitcoin ETF could attract billions of dollars from the TradFi market”
Distinguished figurehead in the world of cryptocurrencies, Arthur Hayes, has released a new essay exploring the potential of recently approved spot Bitcoin exchange-traded funds (ETFs) in the traditional financial market. Former CEO of BitMEX, Arthur Hayes, believes tha ...
Binance Report: 2023 is a favorable year for the crypto industry
The leading cryptocurrency exchange, Binance, released a comprehensive report for the year 2023, analyzing the latest trends in the crypto industry and providing a forecast for 2024. "The crypto market experienced a remarkable turnaroun ...
Greenpeace: Bitcoin ETF approval is a defeat for climate and society
The US branch of the environmental organization Greenpeace has expressed its discontent with the approval of a Bitcoin ETF in the country, stating that it will exacerbate the issue of environmental pollution. “A victory for Wall Street CEOs, but a setback fo ...
Kristalina Georgieva: “Bitcoin is not a threat to the US dollar”
International Monetary Fund (IMF) Director Kristalina Georgieva has expressed her view that cryptocurrencies are not a form of currency, but rather an asset class. Consequently, she believes that Bitcoin is highly unlikely to replace the US dollar as the world's dominant currenc ...
BTC Map: The number of merchants accepting Bitcoin soars by 174%
The number of shops, cafes, bars, and other points of sale of goods and services accepting payments in bitcoins has seen a remarkable 174% increase over the past year, according to data from the analytical portal BTC Map.In 2023, the number of establishments accepting b ...