Russia imposes strict restrictions on cryptocurrencies starting September 1, but exempts miners. Its goal is to strengthen the ruble and control cryptocurrencies amid geopolitical tensions. The debate persists, as Russia’s Finance Minister advocates regulated use. Starting September 1, Russia will apply strict restrictions on the general circulation of crypto assets such as Bitcoin. Only digital […]
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Bitcoin ETF spot trend grows in Asia after US and Hong Kong approvals. ASX will list Bitcoin ETFs first by the end of 2024. ASX is expected to list DigitalX, VanEck and BetaShares Bitcoin ETFs while Monochrome opts for Cboe Australia. The Australian Stock Exchange (ASX) is preparing to list its first batch of approved […]
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Another week closes for the hectic world of cryptocurrencies and some pieces are already beginning to fall into place for companies in the mining sector after the historic fourth halving. In the spot market the matter is more complex and the price of the largest cryptocurrency remains relatively stagnant. There is no official theory about […]
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BlackRock’s iShares Bitcoin Trust (IBIT) fund has received no new investments. This lack of flow does not necessarily indicate a decrease in investor interest. The lack of entries in BlackRock’s IBIT comes as Bitcoin consolidates. BlackRock’s Bitcoin ETF experienced three consecutive days of no new investments. This is in stark contrast to other Bitcoin ETF […]
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The crypto analyst’s broader prediction focuses on a drop to around $30,000. Cryptocurrency market capitulation is understood as a period where investors aggressively sell their assets of one or several currencies in particular, due to various factors such as sudden price drops, high volatility, and large sales volumes. A collapse in prices is a factor […]
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