Auto Added by WPeMatico

Arthur Hayes Confident in $250,000 Bitcoin Amid Fed’s Policy Pivot

Despite a minor recovery this week, Bitcoin’s price continues to struggle well below $90,000. The crypto asset has been under tremendous market stress as traders remained cautious due to economic…

Continue ReadingArthur Hayes Confident in $250,000 Bitcoin Amid Fed’s Policy Pivot

Crypto Investment Products See $226 Million in Inflows, Signaling Cautious Optimism

Last week, digital asset investment products attracted $226 million in inflows. CoinShares stated that the figures indicated a cautiously optimistic investor sentiment. After experiencing the largest outflows on record, ETPs…

Continue ReadingCrypto Investment Products See $226 Million in Inflows, Signaling Cautious Optimism

California’s AB-1052 Proposes Key Protections for Bitcoin and Digital Asset Users

California’s Assembly has taken major steps toward regulating cryptocurrency with the introduction of AB-1052, initially known as the Money Transmission Act. The bill – led by California Democrat Avelino Valencia,…

Continue ReadingCalifornia’s AB-1052 Proposes Key Protections for Bitcoin and Digital Asset Users

Hut 8 Transfers ASIC Miners to Launch American Bitcoin with Trump Family Backing

Hut 8 Corp. has launched American Bitcoin Corp, a majority-owned subsidiary designed to focus on industrial-scale Bitcoin mining and reserve development. This move follows the crypto mining company’s strategic decision…

Continue ReadingHut 8 Transfers ASIC Miners to Launch American Bitcoin with Trump Family Backing