Bitcoin Sinks on Ebbing Fed Rate-Cut Bets and Cooling ETF Demand

Bitcoin Sinks on Ebbing Fed Rate-Cut Bets and Cooling ETF Demand

(Bloomberg) — Bitcoin dropped the most in almost two weeks, weighed down by cooling demand for dedicated US exchange-traded funds and ebbing bets on looser Federal Reserve monetary policy. Most Read from... Read more »
Bitcoin ETF demand could rise as prices drop, crypto analyst suggests

Bitcoin ETF demand could rise as prices drop, crypto analyst suggests

Amid Bitcoin’s price decline, the spot Bitcoin ETF market has been gloomy recently. Despite these persistent declining net flows, Ki Young Ju, a prominent analyst and CEO at CryptoQuant, has predicted a... Read more »
Bitcoin breaks $61,000 as flood of ETF demand pushes currency toward all-time high

Bitcoin breaks $61,000 as flood of ETF demand pushes currency toward all-time high

The crypto markets are in the midst of a full-blown rally as Bitcoin, after crossing the psychologically important $50,000 mark on Feb. 12, shot upward again this week with the currency trading... Read more »
Bitcoin Scales $60,000 as ETF Demand Puts Record High in Sight

Bitcoin Scales $60,000 as ETF Demand Puts Record High in Sight

(Bloomberg) — At the heart of the rally that is pushing Bitcoin toward a record high is a simple tenet of economics: supply and demand. Most Read from Bloomberg Demand for the... Read more »
Texas Blockchain Council Stand Against Energy Data Demand

Texas Blockchain Council Stand Against Energy Data Demand

The Texas Blockchain Council (TBC) and Riot Platforms have launched a legal battle against federal energy officials. This move challenges what they consider an unjust demand for crypto-mining energy data. The @TXblockchain_... Read more »
Customers Demand Change in Repayment Method

Customers Demand Change in Repayment Method

The FTX crash was a shocker to the crypto world back in November 2022. The embattled cryptocurrency exchange is currently in the middle of more than a dozen lawsuits, according to The Wall... Read more »
World’s largest broker dealer says Bitcoin’s rise is stoking demand for crypto derivatives – DL News

World’s largest broker dealer says Bitcoin’s rise is stoking demand for crypto derivatives – DL News

TP Icap’s Duncan Trenholme spoke to DL News about how his clients are seeking out Bitcoin and Ethereum derivatives. He also spoke about trends in the industry, including soaring Bitcoin prices and... Read more »
US energy NGO warns of overwhelming demand as ERCOT considers crypto proposals

US energy NGO warns of overwhelming demand as ERCOT considers crypto proposals

The North American Electric Reliability Corporation (NERC), a nonprofit corporation that oversees regional organizations that support energy reliability, has released its annual long-term reliability assessment of the United States electrical grid. It... Read more »
Bitcoin (BTC) Price Targets $50k as Retail Demand Skyrockets by $1.4bn

Bitcoin (BTC) Price Targets $50k as Retail Demand Skyrockets by $1.4bn

Insights: Bitcoin (BTC) price skyrocketed to another 2023 peak of $39,500 after the Fed teased potential rate cuts in 2024.  On-chain data shows that retail demand for Bitcoin has exceeded active sell... Read more »
As demand for NFT marketplace Blur soars, its native token plunges

As demand for NFT marketplace Blur soars, its native token plunges

BLUR’s value has dropped by double digits in the last week. Meanwhile, the NFT marketplace recorded growth in user activity.  Despite the growth in demand for the NFT marketplace Blur in the... Read more »