According to the on-chain market analysis firm Glassnode, Bitcoin reserves on exchanges in August fell to a level unseen since June 2019. This indicates that retail investors are not intending to to sell their bitcoin.
When retail investors move to sell their bitcoin holdings, they typically send their funds to
According to data from the Commodity Futures Trading Commission (CFTC), hedge funds are net short the U.S. dollar for the first time in two years. The decline in demand for the dollar could benefit Bitcoin in the long term as it is increasingly perceived as a store of value.
Bitcoin startup Zap is launching a cash back option for users of its Lightning payment app Strike. The feature called “Cashback by Strike” allows users to earn money back on Strike when they make payments via the Lightning Network.
Strike is a platform created by Zap that enables Lightning payments
Bitcoin startup Zap is launching a cash back option for users of its Lightning payment app Strike. The feature called “Cashback by Strike” allows users to earn money back on Strike when they make payments via the Lightning Network.
Strike is a platform created by Zap that enables Lightning payments
According to the on-chain market analysis firm Glassnode, Bitcoin reserves on exchanges in August fell to a level unseen since June 2019. This indicates that retail investors are not intending to to sell their bitcoin.
When retail investors move to sell their bitcoin holdings, they typically send their funds to
According to data from the Commodity Futures Trading Commission (CFTC), hedge funds are net short the U.S. dollar for the first time in two years. The decline in demand for the dollar could benefit Bitcoin in the long term as it is increasingly perceived as a store of value.
Investment firm Grayscale’s assets under management surpassed $6 billion USD for the first time, the firm’s CEO Barry Silbert shared, showing a continuous increase in institutional demand for Bitcoin.
Grayscale operates various regulated publicly-traded investment vehicles that tailor to accredited and institutional investors.
The firm’s most widely-used
$71 billion USD banking giant Goldman Sachs anticipates the S&P 500 to surge 20% by the year’s end. Since April, Bitcoin and the S&P 500 have been seeing some correlation, and favorable market conditions could benefit Bitcoin’s long-term trajectory.
David Kostin, the chief U.
Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most
Epic Games, the creator of blockbuster shooter-survival game Fortnite, sued Apple after it removed the game from the Apple App Store.
In a statement to The Verge, Apple said Epic Games violated the App Store guidelines by enabling an unapproved feature.
The feature in question seems to be the new
MicroStrategy, a business services company based in Virginia, made history this week when it became the first public company to ostensibly purchase bitcoin as an investment. As the BTC Times reported, the company scooped up 21,454 bitcoin with $250 million USD from their balance sheet.
The move was hailed
